Enabling Enterprise Adaptability and Agility - Mindsets That Connect Strategy and Execution
Change is constant, but crisis such as the current pandemic can accelerate it. To thrive through change, organizations need to adopt an adaptability and agility mindset, redesign their processes, and use purpose-built tooling to enable them to respond quickly and execute initiatives. Enterprise Portfolio Management (EPM) provides a mechanism to align strategic portfolios with project execution to drive better outcomes, and it is key to develop contingency plans to deal with future challenges. Organizational adaptability and agility are interrelated yet distinct, and strategic portfolio management (SPM) can help enable a more adaptive planning cycle. EAM can provide enterprise awareness, analytics can enable alignment, and project portfolio management can drive agility.