In modern enterprises, change is no longer a simple, top-down affair. All levels of the organization need to be involved, and everyone from shop-floor employees to the CEO need to work on local improvements to business processes. Lean projects and agile product development teams must rapidly innovate digital environments, strategists need to invent and experiment […]
Challenges to program and project portfolio management
Often, organizations deal with hundreds of asset and change initiatives. If you don’t have all the facts to support a specific project, portfolio management often becomes “decibel-driven”: those with the loudest voices get their projects approved. So, as a project portfolio manager, how can you improve decision-making? By creating a clear line of sight from initiatives to the effects they have on: • Generating new business • Improving efficiency • Reducing costs • Ensuring regulatory compliance That’s where BiZZdesign can help.
Evaluate and prioritize your initiatives
BiZZdesign’s portfolio management function can help you organize your change initiatives in clear sets. You can define various metrics to evaluate and prioritize your initiatives based on factors such as benefits, cost and risk. Moreover, the platform integrates with enterprise architecture and other disciplines to provide you with full traceability from these initiatives to the results they plan to realize. This gives you a clear picture of the business impact and dependencies of these initiatives, which is crucial in deciding on priorities and planning.
In my previous blog post, I described how Enterprise Studio supports the Business Model Canvas, Ecosystem maps, Balanced Scorecards including SWOT, PESTEL and Five Forces analysis, and heatmaps to highlight salient information for your organization. Now, I want to focus on more advanced views and analyses that help you evaluate the viability of your strategy […]
In the previous installment in this blog series, we looked into planning and analyzing change in the enterprise by linking the life cycles of elements such as applications and projects. But how do you decide what to do with, for example, your application landscape? Which applications need to be improved, re-platformed, functionally upgraded, or phased […]
Strategists, architects, process experts, software developers, data managers and other professionals involved in changing the enterprise often put substantial effort in creating all kinds of useful models of their designs. In many cases, such business models, enterprise architecture models, business process models, software models, data models and more are only used to specify some design, […]
Organizations involved in major strategic changes such as mergers, acquisitions and divestitures often focus mostly on the financial and market aspects of the change. What is the impact on your market share? How can you increase buying power from your suppliers? What cost savings can be realized by exploiting synergies?