Effective Portfolio Management Systems
CRC Press – 2015 – 168 pages
Series: The Little Big Book Series
This book begins by defining organizational driving factors such as core competencies and identifying processes that interfere with them. It discusses benchmarks and leading practices, conducting gap analysis, and developing value propositions. The book then covers reviewing and obtaining approval of the value proposition with the executive team. Topics include planning for benchmark and secondary research, identifying performance issue best practices, identify performance gaps, identify short-term improvement opportunities, assess value proposal results, and more.
Defining Organizational Driving Factors. Define Core Competencies and Capabilities. Identify Processes That Interface with the Organizations Customers. Identify Processes That Assume Large Quantities of the Organizations Resources. Identify Processes Related to Knowledge Management. Identify Processes That Are Causing Problems/Concerns Within the Organization. Identify Sources of Customer Complaints. Based Upon Activities One Through Six Define Processes That Have the Largest Impact on Driving the Future Success of the Organization. Identify Benchmarks and Leading Practices. Planning for Benchmark and Secondary Research. Consult Internal Sources. Conduct Secondary Research. Identify Benchmark Partners. Refine Benchmark Data Collection Instrument. Collect Benchmark Data. Identify Performance Issue Best Practices. Conduct Formal Review of Benchmarking and Leading Practices. Conduct Gap Analysis. Analyze and Document Benchmark and Leading Practice Findings. Identify Performance Gaps. Conduct Formal Review of Performance Gap Analysis. Develop Value Propositions. Identify Opportunities to Close Performance. Develop Value Proposition Key Question Identification. Assemble Value Proposition Information. Identifies Short-Term Improvement Opportunities. Conduct Formal Review of Value Proposition Development. Review and Obtain Approval of the Value Propositions with the Executive Team. Assess Value Proposition Results. Reconcile with the Organizations Knowledge Base. Review File You Propositions and Prioritize Them. Obtain Executive Team Approval of the Organizations Value Propositions. Publish the Organizations Value Propositions.