Maximizing Enterprise Portfolio Management
Hindsight is not a strategy.
Jane Bryant Quinn
The challenges
EPM is vulnerable to challenges that limit the returns to a fraction of what could be achieved.
Want to maximize your Enterprise Portfolio Management?
Gaming the system
EPM is subject to gamesmanship and politicking, resulting in the allocation of finite resources to the loudest applicants, rather than projects that best align with company priorities.
Playing it short
Resource allocation tends to focus on short-term financial benefits. Objectives that are difficult to quantify, yet critical for the long-term well-being of the company, are starved of resources - including innovation, sustainability, and diversity.
The gap between strategy and reality
Conventional annual budgeting is so gruelling, that once completed, nobody wants to revisit it. The result is ongoing allocation based on old data. Also, the ability to respond quickly to change, however disruptive, remains limited.
Gaming the system
EPM is subject to gamesmanship and politicking, resulting in the allocation of finite resources to the loudest applicants, rather than projects that best align with company priorities.
Playing it short
Resource allocation tends to focus on short-term financial benefits. Objectives that are difficult to quantify, yet critical for the long-term well-being of the company, are starved of resources - including innovation, sustainability, and diversity.
The gap between strategy and reality
Conventional annual budgeting is so gruelling, that once completed, nobody wants to revisit it. The result is ongoing allocation based on old data. Also, the ability to respond quickly to change, however disruptive, remains limited.
The solution
Gtmhub enables your enterprise to orchestrate strategy and deliver business results with OKRs, including solving challenges to enterprise portfolio management.
Restoring objectivity and accountability
OKRs and Gtmhub provide a clear definition of value and the transparency required to restore objectivity to the portfolio matching and asset allocation process. OKRs promote alignment and focus with strategic objectives over departmental agendas.
Restoring long-term focus
OKRs can align portfolios to strategic pillars and benefit categories other than financial returns. This ensures funding for priorities that are unconventional or have longer payback timeframes.
Restoring strategic agility
OKRs are adjusted as change occurs. With portfolio management incorporating OKRs, prioritization criteria are always accurate and high quality. The portfolio team can now pivot to higher return opportunities, terminate underperforming initiatives, and identify risk early.
Maximizing portfolio returns
OKRs & Gtmhub bring the alignment, objectivity, and responsiveness required to ensure portfolio management delivers competitive advantage.
