1. Discovery of business value and translating it to measurable portfolio(s)
Lean portfolio management (LPM) is a systematic approach that captures strategic intent, aligns work to goals, utilizes metrics to guide investment decisions, and helps organizations to keep up with the pace of digital disruption. LPM is a critical component of overall organizational health and resilience and it’s just as true for small organizations as it is for large, complex enterprises.
Use data to guide leaders on which efforts will drive business outcomes, understand the impacted areas of your organization, and monitor progress data so you know when to pivot or persevere.
You can do anything but you can’t do everything. Understanding and visualizing the demands on your teams and organization must be managed alongside your real-world capacity to deliver. LPM can remove the log-jam of work, help you get focused on the most important things and create smoother value flow.
A responsive, Lean-Agile approach increases an organization’s ability to operate effectively in complex and rapidly changing environments.
A self-sustaining ecosystem that provides just enough data to make informed decisions about where to direct resources is critical. To create this environment, a few core competencies need to be in place, with additional capabilities that may eventually be needed, either due to large scale, or maturity of practices.
As part of our portfolio agility service, coaches partner with program and portfolio leaders to design, implement, and run a results-oriented portfolio that makes investments visible and eliminates costly waste.
For large organizations with multiple or even many portfolios, or for organizations with existing and reliable LPM practices, there are additional ways to mature LPM to gain further advantage over competitors. We offer the following additional services for these situations.
Compressing painful and expensive Annual Operating Planning into effective and predictable events over weeks instead of months
Speed sizing and estimation of all strategic initiatives on a rolling 6 month basis, providing visibility at scale and bringing relief to your most critical and constrained resources such as architecture, design, and other specialized skill sets
Estimation fluency and consistency at scale
Capacity and budgeting fluency, linking Finance and Accounting seamlessly with portfolio management
Longer range strategic reviews and executive steering