Principles of Good Strategic Portfolio Management
How much opportunity for improvement is there in your portfolio?
Strategic portfolio management differs greatly from “operational” portfolio management. It concentrates on selecting the best projects to develop, prioritizing allocation of resources, and on producing the highest possible economic value throughout the development process.
Follow the business need
Manage your portfolio from the standpoint of what is going to move your business forward.
“Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen.”-John Steinbeck