PMO is not a Dirty Word
The role of PMO is often misunderstood, and various factors can contribute to the negative reputation of PMOs such as lack of clarity in the charter, an overly burdensome process, no link to strategy, inadequate tools, a culture resistant to change, and more. However, a PMO can be crucial in driving innovation process excellence and profitability. PMOs own the processes and tools that run innovation projects and drive new product commercialization. By taking a three-pronged approach and addressing people, processes, and tools, organizations can achieve a higher maturity level in innovation management.
