As a business leader, if you know exactly what your organization needs to do and exactly how you are going to do it, you do not need strategic portfolio management. For everyone else, there is OnePlan.
Whether your portfolios consist of products, services or projects, strategic portfolio management means being able to change direction regularly and rapidly, based on trustworthy data that is easily visible and complete. It means having measurable goals and strategies (objectives and key results, or OKRs), followed by aligning ideas and activities to those OKRs. Finally, it requires making good decisions on the sequencing and re-sequencing of your initiatives based on metrics of value, capacity and business performance.
OKRs have many levels in the enterprise. While all objectives will connect back to enterprise goals, each business unit may have a unique version, based on its customer focus. Additionally, large organizations are typically a matrix, with additional strategies for teams such as value streams, functional groups and geographical teams which span multiple business units. OnePlan allows you to manage different levels and versions of OKRs.
Owners of objectives, strategies and metrics can easily update progress against OKRs. Any kind of business metric can be quickly configured and routinely updated, enabling a framework where both accountable owners and contributors can simply add progress to key results.
Whenever a contributor or objective owner updates progress on strategies or initiatives, portfolio dashboards provide real-time progress to the team, as well as enabling reports and performance analyses of trending over time.
Switching from a list view to a board view enables a visual way to manage your portfolio. Inter-dependencies between your objectives – or between other items in your portfolio – are critical to see and understand. OnePlan board views enable you to gain insights into connections and patterns, edit them on the fly and drag and drop items to re-order and re-categorize. .
Visualizations are proven to be an excellent way to understand complexity and make better decisions. OnePlan roadmap views provide a richer visualization for understanding the overall size and timing of your portfolio.