Portfolio Management: Delivering on Strategy

Portfolio management is essential for organizations to prosper and survive in this decade and beyond. It focuses on strategic ability and managing complexity, and the portfolio is constantly in flux as difficult decisions are made to reallocate resources to one of higher priority. Agile portfolio management, delivering organizational value, portfolio management and uncertainty, portfolio governance, marketing a portfolio, and portfolio management success are all highlights of the book.

Format: Hardback
Length: 258 pages
Publication date: 21 June 2023
Publisher: Taylor & Francis Ltd

Portfolio management is fast emerging as a crucial necessity for organizations to thrive and endure in the present and future. In the face of resource constraints, organizations cannot afford to pursue best practices blindly; instead, they must prioritize initiatives that directly contribute to business value. Executives are placing significant emphasis on strategic capabilities and managing complexity, recognizing that a disciplined portfolio process is essential to achieve the optimal mix of programs, projects, and operational work.

The portfolio itself is a dynamic entity, constantly evolving as challenging decisions are made to terminate projects that no longer serve business value and reallocate resources to higher-priority endeavors. This requires a steadfast commitment from all levels of the organization, as well as effective communication to ensure that everyone understands how their work aligns with the organization's strategic goals and objectives.

Portfolio Management: Delivering on Strategy, Second Edition serves as a comprehensive guide to the benefits of portfolio management for organizations. It aims to provide senior executives with a comprehensive understanding of how portfolio management can drive organizational strategy. The book delves into specific aspects of portfolio management and emphasizes their management from a business perspective rather than solely from a portfolio management perspective. Key highlights of the book include: Agile portfolio management: This approach emphasizes the flexibility and adaptability of portfolio management in rapidly changing environments. It emphasizes the importance of continuous improvement, collaboration, and customer feedback in portfolio decision-making. Delivering organizational value: The book highlights the role of portfolio management in delivering value to the organization. It emphasizes the need to align portfolio initiatives with organizational goals and objectives, measure and communicate the value they create, and continuously optimize the portfolio to maximize returns. Portfolio management and uncertainty: The book addresses the challenges posed by uncertainty in the business environment. It provides strategies for managing risk, identifying opportunities, and making informed decisions in uncertain situations. Portfolio governance: The book discusses the importance of effective portfolio governance in ensuring the success of portfolio management. It covers topics such as portfolio oversight, decision-making processes, and resource allocation. Marketing a portfolio: The book provides insights into effective portfolio marketing and communication. It emphasizes the need to communicate the value of portfolio initiatives to stakeholders, build relationships, and secure support for portfolio investments. Portfolio management success: The book offers practical tips and techniques for achieving portfolio management success. It covers topics such as portfolio planning, prioritization, resource management, and performance measurement.

Overall, Portfolio Management: Delivering on Strategy, Second Edition is a valuable resource for executives and practitioners seeking to optimize their organization's portfolio and drive strategic success. By emphasizing a business-oriented approach to portfolio management, the book provides a comprehensive guide to achieving organizational value and navigating the complexities of the modern business landscape.

Weight: 514g
Dimension: 163 x 242 x 22 (mm)
ISBN-13: 9781032326290
Edition number: 2 ed