The business world is faced with a regular change in the business environment that needs you to critically think and strategize to remain relevant. There is need for a continuous and progressive improvement in order to catch up with the dynamic business environment. For an organization to be sure of achievements in its goals, it has to regularly revise their strategy to align with the demands in the business environment.
Arrange your portfolio properly to have it funded in bits as short term goals and long term ones are used to do constant monitoring of the effectiveness of strategy. Attaining your vision should be dictates that you constantly train and motivate your employees to work towards this vision. There is need to promote and modernize lean portfolio management to ensure that the strategy is aligned to the decision making capabilities of an organization and the executive board.
Collect all important aspects of lean portfolio management from strategy to funding to make sure there is adequate funding of the strategy to achieve the expected goals. To ensure that the strategy is successful ensure that all the people in an organization are included to attract more support. Definitions of roles should be clear so that each individual knows their contribution and role in the process of laying down the lean portfolio strategy.
Whenever you want to adopt lean portfolio and the agility framework, all you need to do is analysis and see if its aligned towards the objectives of the organization. There should be room for feedback and reactions to understand what others feel about the whole process. You should be able to see from far where you are likely to end up with your strategy using a clear roadmap. The portfolio must define clearly its future and predetermine the vision by envisioning. There should be regular monitoring to ensure that the direction taken is the one anticipated by the whole strategy. If there is no constant monitoring and evaluation, it will not be possible to determine or connect the strategy employed and the visions and objectives of the organizations. This shows that there is need for a portfolio to evolve and align itself to the organization’s wider visions.
Decentralize the implementation n process of the agile portfolio operations in order to increase the support accorded to the whole strategy. This brings on board all departments and human resources rejuvenating their efforts and offering them a platform to feel like they own the organization. There is need for regular consultancy and training in several areas which will enable you to maximize your business values and together with continuous integration and implementation of agile programs will maximize productivity.
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