Strategic Portfolio Management by OnePlan
Strategic Portfolio Management Solution
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.
Align OKR’s to your unique hierarchy
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.
Strategic Portfolio Planning
In order to accurately forecast your portfolio, you have to consider all work across the organization and it’s alignment to strategic objectives. Prioritize the right work and ensure you have the resources and funding you need to execute on your strategy. If your demand outweighs your capacity, you’ll have the tools you need to make the best decisions for the business.
Estimate, track, and forecast your spend throughout your work’s lifecycle regardless of work type. Ensure your products are profitable and your PMO is preventing cost overruns. Track various cost types and categories for the flexibility you need to manage budgets and spend across teams, departments and BUs.
Optimize your portfolio, maximize allocation, and align skillsets to ensure your most valuable resources are working on the right work at the right time. Get visibility and insights into what your resources are working on and know what tradeoffs to make should new work be introduced.