6 Best Practices to Help You Drive Effective Strategic Portfolio Management

6 Best Practices to Help You Drive Effective Strategic Portfolio Management

According to Gartner research, 84% of organizations surveyed had moderate-to-low effectiveness at portfolio management. Poor portfolio management can cause businesses to fail to deliver on their innovation objectives. The article presents Gartner's 6 practices for effective portfolio management and highlights their importance for aligning digital investments with internal capabilities and strategic objectives. The six practices include visibility to work and constraints, customer-driven prioritization, adaptive resource allocation, continuous execution of value, change-enabled culture, and continuous value realization. The ITONICS Innovation OS is presented as a strategic portfolio management tool that can help consolidate innovation assets and streamline end-to-end innovation capabilities.

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