Strategic business alignment enablement through P3M - 17th November 2015
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Enablement through project/program portfolio management (p3m) in a fast(er) changing world Strategic Business Alignment
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Transcript of Strategic business alignment enablement through P3M - 17th November 2015
Enablement through project/program
portfolio management (p3m) in a fast(er)
changing world
Strategic Business Alignment
Talk Outline
Today’s World
Business and Technology Alignment
Acknowledging Operating Realities
Techniques for Success
Today’s World – It’s hard to keep up
with the Lee’s (Chans, Wongs, Lams) of the world
Challenging growth opportunities
Challenging cost containment environment
More profit is hard to achieve
Business demands on people, processes, and technology:
Accommodate organizational restructuring
Rapidly expose new business services and innovations to interested customers
Mitigate operational risk
Secure information assets
React to changing business and legislative environment
Eliminate reliance on inflexible and unstable systems and processes
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Aligning Business Strategy with
IT Enablers
Business
Strategy
“Working Smarter &
Better IT”
“The Every Day IT”
Infrastructure DC
Networks / Security
Servers / Compute
Databases / Storage
Business Applications
Business Process
Consulting / Project Mgmt
More Growth Cost reduction = Increased Profit
Information
Enablers
Technology
Enablers
Corporate Realities –
Governance Challenges
Same
Page???
Strategic Initiative Kick-0ff
Executive efforts
Management activities
Employee responses
Techniques for Success
Know your Executives’ incentives (i.e. what drives behavior)
Public companies vs. Private companies
Business Strategy into a company Portfolio
Portfolio into Programs
Programs into Projects
Governance model fit for the organizational maturity
PMO function
Investment protection
Benefits realization
P3M standards to ease communications and change management
Tools
Portfolio categorized to strategic initiatives (i.e. Growth,
Cost Savings) – aka Calendar of Commitments, Plan on a
Page, Profit Protection
Process – aka engagement model, business operating model,
functional operating model, budgeting and planning model
Decision making – aka governance, approval processes, spending
delegated authority policies
Technology/Systems – Excel is better than nothing, Financial
accounting system/ERP
Understanding the CoA and financial reporting
Calendar of Review – Exco meetings, Steering Comms, etc.
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Right level of understanding
Process Standardization
Global Enabler platforms
PEOPLE PROCESS
TECH & TOOLS
Successful Change
