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Agile Portfolio Management - The Secret Sauce for Sustainable Business Growth
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1
Agile Portfolio Management
The secret sauce for sustainable business growth
Andy Jordan | August 21, 2019
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2
PDU credit
information
will be
provided at the
end
Please enter
questions into
the question
box
This webinar is
being recorded
The slides and
recording will
be available
after the
presentation
One hour webinar
45 minutes of
presentation
15 minutes Q & A
Housekeeping Items
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3
ANDY JORDAN
TODAY’S PRESENTER
President @ Roffensian Consulting
• Global thought leader on project management related topics
• LinkedIn Learning instructor, author, keynote speaker
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Today’s Agenda
QUESTIONSABOUT KEYEDINMAKING IT HAPPEN
TRANSFORMING THE BUSINESSIT’S TIME TO THINK DIFFERENTLYHOW DID WE GET HERE
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• Portfolio management being driven from the top
of the organization
• But not fully integrated into how the organization
operates
• Still primarily a reporting function, not a
management and delivery function
• Organizational agility concepts being accepted
• Adjusted to changing circumstances
• Building an organization that can adapt and adjust
• But change focused at tactical levels instead of strategic
• Shifting work to deliver against stable goals
• Not shifting goals to deliver against changing needs
HOW DID WE GET
HERE?
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And It’s Not Working
Today
Inconsistent
Delivery
Lack of
Accountability
Wrong Focus
Lack of
Visibility
Long Time to
Solution
Unacceptable
ROI
• Organizations are failing to live up to
expectations
• Their own
• Their customers
• Change is still taking too long
• It’s often not the right change
• There’s continued lack of clarity
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Poll Question
Which statement best describes
your approach to portfolio
management?
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9
It’s Time To Think Differently
Agile Portfolio Management
Top Down
Strategically Focused
Prioritizes Innovation & Time to Solution
Drives Long Term Value
Based on Optimizing the Return on Investment
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10
Agile Portfolio Management Elements
Success requires all of them
Commitment to leading edge
solutions delivered
consistently and driving value
Return focused investment
management that
continuously challenges status
quo
Innovation
Investments
Prioritized, actively managed
list of investment ready
initiatives.
Objective to delivery
management integration that
prioritizes value attainment
Backlogs
Integration
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11Innovation
Strategic Innovation
Never stand still
FOCUS UNDERSTANDSEEK OPPORTUNITY COMMIT
Decisive commitment to deliver
what you promise, when you
promise
Changing environment &
emerging technologies
continuously redefine what’s
possible
Solutions must deliver
customer & business value
Continuously look for the next
big thing – that no one else has
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Investments
Adaptive Investment Management
Always be willing to adapt
Fund
Monitor
Adjust
Commit investment to initiatives
that will drive value and
leverage innovation
Monitor performance and address
variances
Shift investments as soon and as
often as return requirements
dictate
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13Backlogs
Portfolio Backlogs
The fuel for results
Prioritize
Step 2
Adjust
Step 4
Build
Step 1
Review
Step 3
Repeat
Step 5
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14Integration
Effective Integration
From top to bottom
Portfolio Management
Adaptive translation of needs
to actions
Work Execution
Delivery on benefit
Leadership
What, why, when & how
For all strategic
initiatives at all times
For every element of
the lifecycle from
planning to benefits
realization
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• Of improved customer satisfaction
• Better solutions in less time and with greater
consistency
• Of improved internal operations
• Streamlined capabilities focused on value
optimization
• Of more efficient and effective execution
• The right work, done right every time
AGILE PORTFOLIO
MANAGEMENT IS AN
ENABLER
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And That Drives Business Transformation
Continuous reinvention in response to emerging opportunities
Ability to leverage emerging technologies more quickly
Greater confidence in ability to deliver
Agile organization built to continuously evolve
Consistently improving financial performance
Alignment of all organizational levels to optimal investments
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Making It Happen
Recognize
The need to improve
internally
The importance of
adaptive, top down
investment
management
The speed of change
Commit
To adaptive
investment
management
To top down,
strategic
adjustments
To decisive action
when required
Invest
In the right people
doing the right
things
In the right support
tools and
infrastructure
In continuously
improving
Adjust
As soon as possible,
but not before
As much as needed,
but no more
Without hesitation,
but with due care
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Offers a level of personalized
customer service & support that
creates a lasting partnership
Gartner-rated PPM solution
and 2019 Customer Choice
award winner
THREE THINGS TO KNOW
ABOUT KEYEDIN
Allows PMOs to reinvest up to 20%
of their portfolio’s value & improve
the speed of reporting by 50%
2
3
1Project Portfolio
Management for the
PMO, embedded
services teams and
global business
transformation
“With its command of
governance, product life cycles,
and resource management, we
think of KeyedIn as a key
business partner.”
⏤Head of a Global PMO
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Portfolio Level Planning
Aligning the PMO to the Business
Strategic Planning & Prioritization
Kanban Portfolio View
Capacity & Demand Planning
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Agile Resource Management
Communicate and collaborate
on important project data
Execution That Drives Transformation
Model scenarios and track
utilization in real time
Identify potential conflicts and
create contingencies
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Continuous Improvement & Change
Portfolio Analysis
Utilization and Change
Program Management &
Milestones
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23
?QUESTIONS?
Contact Andy Jordan
E-mail – andy.jordan@roffensian.com
Twitter - @RoffensianPM
www.roffensian.com
Contact KeyedIn
E-mail – info@keyedin.com
Twitter - @KeyedInProjects
www.keyedin.com