Title :
Designing a best-in-class value creation organization: The front-half of the equation a review of current best-practice
Author :
Menke, Michael M.
Author_Institution :
Value Creation Assoc., Nashville, TN, USA
fDate :
July 29 2012-Aug. 2 2012
Abstract :
Portfolio management has a long history and good track record for making strategies operational and optimizing business value in functional areas such as R&D, technology, new product development, capital investment and IT. The methodologies for strategic alignment, project & program evaluation, decision & risk analysis and portfolio optimization are by now well established in these functions. Top management of an organization however has a higher level challenge: to ensure the best use of scarce resources in terms of return on investment and shareholder value creation at all levels of their organization, starting with their business groups, strategic business units and corporate functions. This presentation discusses how to design and implement a coordinated strategy execution and portfolio management process at the highest level of an enterprise and to link it consistently with established portfolio management processes at lower levels in the organization.
Keywords :
investment; product development; risk analysis; strategic planning; IT; best-in-class value creation organization design; business value optimization; capital investment; portfolio management processes; portfolio optimization; product development; program evaluation; project; research and development; risk analysis; shareholder value creation; strategic alignment; strategic business units; Decision making; Industries; Investments; Organizations; Portfolios; Technology management;
Conference_Titel :
Technology Management for Emerging Technologies (PICMET), 2012 Proceedings of PICMET '12:
Conference_Location :
Vancouver, BC
Print_ISBN :
978-1-4673-2853-1