Description
Book SynopsisThis book provides a powerful insight into strategic portfolio management and its central role in the delivery of organisational strategy, maximisation of value creation, and efficient allocation of resources and capabilities to achieve organisational strategic objectives. The book makes a valuable contribution to the development of thinking on the translation of strategy into actionable work. Whether you are a senior manager building a high-performing strategic portfolio for your organisation or an academic searching for new perspectives on strategy execution through portfolio management, you will find great significance in this book. Twenty-eight chapters in four sections provide multiple perspectives on the topic, with in-depth guidance on organisational design for strategic portfolio management and covering all process, capability, and leadership aspects of strategic portfolio management. The book includes several detailed case studies for the effective deployment of strategic portfolios, bringing together theory and practice for strategic portfolio management. This book is particularly valuable for advanced undergraduate and postgraduate students of project and portfolio management, strategic management, and leadership who are looking to expand their knowledge within the multi-project environment. Highly practical and logical in its structure, it also shows project management professionals how to effectively manage their business portfolios and align this with their business strategy.
Trade Review"The authors of Strategic Portfolio Management have successfully integrated capabilities with complex adaptive systems, and the tools for flexing and adapting to the changing environment, to deliver strategic benefits and value for the organisation. It is a roadmap for transforming portfolio delivery in a networked and matrix world."
Jo Stanford, ChPP FAPM, Head of Corporate Portfolio Office, Health Education England, UK
"Strategic Portfolio Management addresses the important (but neglected) area of strategic portfolio management. Its stance combines practical insight and academic rigour and it will make an invaluable contribution to structuring and delivering strategic portfolios of projects."
Naomi Brookes, PhD DIC FHEA, Professor of Complex Programme Management, WMG, University of Warwick, UK
"Strategic Portfolio Management, all you should know about portfolios is in this book and more besides. This book is a comprehensive package of knowledge and assistance to anyone wishing to enhance the management of their business. It includes a good number of case studies embracing many business sectors."
Graham Woodward, Ex Head of Project Management BAE Systems, CEng, FAPM, RPP, associate lecturer, University of Warwick, past deputy chairman APM and IPMA assessor, UK
Table of ContentsForeword
Contributors
Permissions
Figures and Tables
Preface
Chapter 1 Introduction
Katy Angliss and Pete Harpum
SECTION ONE: STRATEGIC PORTFOLIO MANAGEMENT IN CONTEXT
Section One Introduction and Chapter Questions
Katy Angliss
Chapter 2 Strategic Portfolio Management in Context
Pete Harpum
Chapter 3 Organisational Strategy and Portfolio Management
Jayne Redfern
Chapter 4 Organisational Change and Portfolio Management
Ranjit Sidhu and Pete Harpum
Chapter 5 Scenario Planning for Strategic Portfolios
Carol A. Long and Pete Harpum
Chapter 6 Delivering Strategic Value through the Portfolio
Pete Harpum and Carol A. Long
Chapter 7 Benefits Realisation Management as a Driver for Delivering Strategic Value
Carlos Serra and Pete Harpum
Chapter 8 Rethinking Portfolio Success
Darren Dalcher
SECTION TWO: DEVELOPING AND MANAGING THE STRATEGIC PORTFOLIO
Section Two Introduction and Chapter Questions
Katy Angliss
Chapter 9 Portfolio Management Integration
Pete Harpum
Chapter 10 Environmental Factors and Portfolio Management Capabilities
Pete Harpum
Chapter 11 Portfolio Management Process Design
Pete Harpum
Chapter 12 Strategic Portfolio Selection
Pete Harpum
SECTION THREE: PORTFOLIO MANAGEMENT CAPABILITIES
Section Three Introduction and Chapter Questions
Katy Angliss
Chapter 13 Asset and Resource Management
Carol A. Long
Chapter 14 Business Integrated Portfolio Governance
David Dunning and Katy Angliss
Chapter 15 The Strategic Portfolio Management Office
Adam Skinner
Chapter 16 Visualising Data for Portfolio Decision-making
Catherine Killen
Chapter 17 Portfolio Risk Management
David Hillson
Chapter 18 Portfolio Leadership
Stuart Forsyth and Carl Gavin
Chapter 19 Managers' Roles in Strategic Portfolio Management
Miia Martinsuo and Lauri Vuorinen
Chapter 20 Enabling Adoption of Portfolio Management
Donnie MacNicol and Adrian Dooley
Chapter 21 Supply Chain Integration and Portfolio Management
Aleksandar Nikolov and Pete Harpum
Chapter 22 Agile Portfolio Management
Steve Messenger and Katy Angliss
SECTION FOUR: STRATEGIC PORTFOLIO MANAGEMENT CASE STUDIES
Section Four Introduction and Chapter Questions
Katy Angliss
Chapter 23 Case Study - Engineering of Complex Systems with Portfolio Management
Dave Yazdani
Chapter 24 Case Study - Pharmaceutical Portfolio Decision Tool
Dave Reggi
Chapter 25 Case Study - Delivering a Multi-billion-pound Portfolio
Paul Taylor
Chapter 26 Case Study - A Utilities and Construction Portfolio
Paul Taylor
Chapter 27 Case Study - Portfolio Governance and Leadership
Geoff Vincent
Chapter 28 Case Study - Portfolio Management Maturity Model Development
Paul Clarke, Katy Angliss and Pete Harpum
End Note
Glossary
Index
