Your browser does not support JavaScript. Please to enable it.

Terms & Conditions

The measure you wish to view belongs to a community that requires acceptance of terms and conditions.

RejectAccept

    Help to Improve This Measure.

    Search

     
    Prev | Next

    Portfolio Balancing

    by Thomas Brazil 11/01/2018 09:30 AM CDT

    • {{:upVoteCount}}
    Recipients ()

        Move measure from "5. Short Listed Measures" stage to:

          Collapse

          Do you want to send this measure to AdaptiveWork?

          Collapse

          Do you want to send this measure to Portfolios?

          Collapse

          Which workspace template do you wish to use?

          Collapse
          If Other, please add your Type of Innovation

          Measurement on the Process, not the type of innovation

          Please select the specific industry applicable to the innovation measure

          All

          If Other, please add your Industry

          Please explain how the measure is used with a specific example

          We balance portfolios in multiple ways - both through alignment to strategic objectives, and the types of innovation to mitigate risk over the near, medium and long-term.

          1) We make sure that our strategic objectives are regularly *weighted* by executive leadership because some objectives are more important than others (and they can change, or their weightings can change based on dynamic conditions or events)

          2) We make sure that our Innovation Council scores submitted ideas according to their alignment with strategic objectives (we do not take action on an idea unless it can be associated with one or more of our strategic objectives). 

          The ideas and projects are therefore scored and weighted - and our portfolio is therefore always actively scored and weighted. Any time management changes the weightings, we can automatically "pivot" our entire portfolio of ideas and projects (as priorities will change). Our analytics tell us whether our portfolio is out of balance (or our customers on whose behalf we also innovate).

          If we only want 20% of our efforts going toward a specific objective, then we try to keep that in balance when determining which ideas we want to move to the project stage. 

          If we want only 10% of our efforts going into breakthrough innovations, then we ty to keep that in balance when determining which ideas we want to move to the project stage. 

          These efforts keep the portfolios balanced according to desired risk and objectives, and our analytics can automatically rebalance priorities across the portfolio when weightings change.

          Move this Measure

          Select a Please Select The Type Of Innovation

          Close this measure

          When closing an measure, you must determine whether the measure has exited successfully or unsuccessfully.

          Copy measure to another community

          Add Team Members

            Maximum number of team members allowed: 5
            *Required

            Help to Improve This Measure.

            0%
            0%
            0%
            0%
            100%
            No measures found!
            No activities yet.