Today’s dynamic business environment continues to pose many challenges. Organizations often face shifting priorities, budgets, and resources. To keep delivering value and remain competitive, they need to pivot and execute on changes quickly while not losing sight of the strategic direction of the business.
To do that, they need to have visibility into their portfolios and the ability to compare and evaluate scenarios. But that is easier said than done. Most organizations separate portfolio management into two distinct processes:
- Adaptive management provides the necessary visibility into day-to-day work. It empowers teams to reprioritize initiatives, re-allocate resources, or optimize workflows.
- Strategic management allows leaders to make strategic decisions, explore trade-offs, and compare scenarios. This helps set objectives and long-term plans.
To maximize value and avoid missing opportunities, the execution and planning aspects of strategic management need to be connected. Teams and team leaders need to be able to make decisions and pivot quickly without going off course. And strategic leaders need to be able to leverage scenario planning to understand the impact of their decisions in the context of their portfolios.
Join our experts as they discuss the importance of connecting the execution and planning aspects of strategic management, and how Planview can help.
Today’s dynamic business environment continues to pose many challenges. Organizations often face shifting priorities, budgets, and resources. To keep delivering value and remain competitive, they need to pivot and execute on changes quickly while not losing sight of the strategic direction of the business.
To do that, they need to have visibility into their portfolios and the ability to compare and evaluate scenarios. But that is easier said than done. Most organizations separate portfolio management into two distinct processes:
- Adaptive management provides the necessary visibility into day-to-day work. It empowers teams to reprioritize initiatives, re-allocate resources, or optimize workflows.
- Strategic management allows leaders to make strategic decisions, explore trade-offs, and compare scenarios. This helps set objectives and long-term plans.
To maximize value and avoid missing opportunities, the execution and planning aspects of strategic management need to be connected. Teams and team leaders need to be able to make decisions and pivot quickly without going off course. And strategic leaders need to be able to leverage scenario planning to understand the impact of their decisions in the context of their portfolios.
Join our experts as they discuss the importance of connecting the execution and planning aspects of strategic management, and how Planview can help.
Matthew StevensAccount Executive, Planview
Dovile BergmanSolution Consultant, Planview