There seems to be a lot of hype recently among CxO’s around ‘Going to the cloud’. Since its potential is so widely acknowledged and advertised and its opportunities seem endless, digitization of the organization is the New Normal. But what exactly does this digitization involve? And, more importantly, can we exploit all its potential? Read more
Application Portfolio Management
Everybody is familiar with the SMART abbreviation. It stand for Specific, Measurable, Acceptable, Realistic and Time bounded. But this blog is not about that kind of SMART. In this blog I will discuss how to apply another type of SMART within the context of Enterprise portfolio management.
Our ongoing series of blogs about Agile methods offers an in-depth discussion of the method and its impact on an organization. In this blog, we focus on collaboration in agile teams.
Most people think of Scrum when they talk about collaboration within Agile. Scrum has definitely been a major contributing factor that has led to more effective collaboration. Note that we refer to it as just a contributing factor; Scrum has a strong emphasis on the pragmatic aspects, and less on human factors. In this blog, we aim to highlight the connection between both factors within Agile. Read more
Enterprise Portfolio Management (EPM) is the discipline that supports this allocation of investments to various asset categories of the organization, such as capabilities, applications, or infrastructure. EPM helps to create a healthy set of projects and programs that realize strategic goals.
Enterprise Portfolio Management (EPM) is the discipline that supports the allocation of investments to various asset categories of the organization, such as capabilities, applications, or infrastructure, EPM helps to create a healthy set projects and programs that realizes strategic goals. Read more
Capital allocation, i.e., deciding on investments, is probably the most important responsibility of the top management of any organization. This is no easy matter. Warren Buffett, chairman and CEO of Berkshire Hathaway and probably the most successful investor of the 20th century, described this in his 1987 letter to shareholders: Read more
As outlined in another blog, architecture-based enterprise portfolio management plays a crucial role in an integrated business transformation approach. Portfolio management is responsible for allocating investments to various asset categories and for creating a healthy project and program portfolio mix that realizes the organizational goals. There should be a balance in, for example, the types of projects (development, research, etc.) and long-term and short-term projects.
The other day, while I was musing about the reasons why many large organizations see many of their IT initiatives fail or underachieve, I came up with a rather simple conclusion: ‘project thinking’ is the root cause of these disappointments. Let me explain. Read more
Very few organizations have a systematic and reliable way of translating a business strategy into action across all relevant elements of the organization. Implementing a long-term plan by successive decomposition, design and realization steps is only possible in stable circumstances. Classical top-down strategy implementation cannot keep up with the transformation speed required in a rapidly changing environment.
For many organizations, the enterprise landscape is growing out of control. Simply keeping up with competition and evolving markets means that organizations constantly renew services offered to customers. These new services are supported by new processes, applications and infrastructure that are added to the landscape, making it larger and more complex. Read more