Within an aligned decision environment players are able to strategize and prioritize based on data, available information and informed judgment. Quality decisions are made using meaningful and relevant information that is summarized at the appropriate level of detail for the decision at hand.
A portfolio manager is challenged to set funding priorities, allocate resources among segments, balance innovation and incremental projects, meet corporate financial goals and assure a steady stream of successful new products. By working through the process the group can address the important questions about where the company wants to go, what are the goals, what is needed to accomplish them, what kind of resources, funding, technology are needed, what already exists in the company’s portfolio and what should be kept, modified or shut down?
An aligned decision environment provides the setting and structure to bring people and information together, resulting in better, faster and cheaper decisions that benefit everyone.