Scaling Agility
In today’s rapidly changing business environment organizations have to be agile. The ability to apply agile principles at strategic levels for the business creates an enterprise that’s able to adapt quickly with minimal disruptions. For organizations this means:
- Centralizing responsibility for ensuring enterprise level agility is encouraged and maintained within a hub of the organization
- Driving actionable change using real-time insights that understand the impact allowing for better decision making
- Continuously evolving to optimize the delivery of strategic business value
- Empowering the organization with a controlled framework to drive change with confidence
Delivering Products
With emerging technologies and evolving customer expectations, most industries are in a constant state of change. However, change needs to be driven with a strategic plan and purpose. This means:
- Outlining product lifecycles from development through commercialization including resources and funds needed
- Managing all investments to support changes to internal systems and structures by modeling options to identify risks
- Enabling quick delivery of benefits realization to optimize efficiency
- Communicating throughout the product lifecycle what team members, external partners and suppliers can expect
Maturing Program Management
Organizations should be looking at program management differently than they have in the past. It’s no longer just about consolidated reporting and tracking, but with a more strategic approach to portfolio management. The PMO is at the heart of this transition and should consider:
- Supporting investment owners to ensure resources are available and aligned with the needs of the business
- Managing initiatives collectively to ensure overall goals and objectives of the program are met
- Developing effective plans and modeling proposed portfolio mixes to ensure resources, both human and financial, are being optimized
- Allowing teams to embrace traditional, Agile, hybrid and informal approaches to delivering the work
Driving Successful Business Transformation
It’s no surprise that organizations are undergoing significant business changes. The importance of on-time and on-budget delivery of these programs is crucial to a successful transformation. To avoid failure, organizations should consider:
- Engaging the right stakeholders and executives to bridge the gap between strategic decision making and project activity
- Focusing on the business outcomes that the organization is trying to achieve
- Embracing the change through executing with agility to be more flexible
- Understanding the interdependencies of the large-scale change programs to achieve organizational synchronization
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