Three surprising lessons in portfolio management
ACS Fall Talk Video Series
When you have Operational Portfolio Management and Strategic Portfolio Management in balance, you’ll find that both processes become more effective, and you will reduce unintended consequences.
Most importantly, your executive committee will find your innovation portfolio drives more of the growth your company needs.
There’s a big tendency in innovation projects to focus on your feet. You look at what’s the next stage gate for the project instead of looking at the horizon and figuring out what it’s going to take to win. The result tends to be safe bets, small steps, and things you can do well or efficiently or predictably. Said another way, many play to not lose rather than play to win.
Find out how you can harness uncertainty to drive breakthrough growth.
Surprise 1: Operational Excellence Can Kill
Surprise 2: Reliable Promises Create Mediocrity
Surprise 3: Safe Projects Do Not Equal a Safe Portfolio
get EVEN more insights!
If you’d like to go deeper on some of the themes in the ACS session on August 25, 2021, feel free to reach out.
Prefer to read related material? Here’s a series of six essential articles on the Principles of Strategic Portfolio Management for more insights on how to drive growth, foster innovation, and cut clutter in your portfolio.