Lean Portfolio Management - Strategic Implementation

Ensure that your roadmap is a realistic and up-to-date refection of the stratgic goals of the organization. How to set-up, structure or improve Lean Portfolio Management in your company - with a focus on the strategic aspects.

Price

In-house

Duration

2 Days

Contact

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Purpose and Background

Background

Lean Portfolio Management (LPM) is pivotal for aligning business investments with strategic goals, enabling companies to thrive in dynamic markets. However, implementing an effective LPM solution in organizations with complex hierarchies and legacy systems is challenging and many companies struggle to achieve sustainable improvement due to misalignment between portfolio decisions and business objectives.

This workshop focuses on understanding the underlying principles of LPM, ensuring its implementation drives real business value. By uncovering the "why" behind LPM, participants will be equipped with actionable insights and strategies tailored to their organization’s specific needs.

Purpose

This workshop is designed to help participants understand the strategic purpose behind Lean Portfolio Management and how to apply it effectively in their organizations. Whether you’re just starting with LPM or looking to optimize your current processes, this interactive workshop will provide you with the tools and frameworks necessary to align portfolios with your company’s goals and improve efficiency. By the end of the workshop, participants will have a tailored action plan to implement or enhance LPM practices.

Goals

Provide a deeper understanding of the principles of Lean Portfolio Management.
Develop strategies to tailor LPM to your organization’s specific goals.
Identify key barriers to successful LPM implementation and address them.
Enhance portfolio alignment with strategic business goals.
Empower leadership to make data-driven, impactful decisions.
Create a prioritized action plan to drive LPM improvements.

What outputs you can expect

How to align Lean Portfolio Management with your business strategy.
The three core areas of LPM: strategy, operation, and governance.
Proven practices for successfully implementing LPM in large organizations.
Techniques to assess and enhance current portfolio management processes.
Strategies for overcoming organizational resistance to LPM changes.
Methods for fostering leadership alignment and decision-making.
Tools for creating a sustainable, adaptable LPM framework.
How to develop and prioritize an action plan for LPM implementation.

Workshop Details and Agenda

The Lean Portfolio Management (LPM) Strategic Implementation Workshop is a two-day, interactive workshop designed for senior leaders, portfolio managers, architects, and change agents seeking to master LPM practices for achieving strategic results. The workshop ideally has a maximum of 12 participants, can be held in German or English and is recommended to be held in-house. It is a mix of analysis, reflection, theory and practical exercises and focuses on creating an organization-specific backlog with actionable tasks for overcoming barriers and building a sustainable LPM framework.

Preparation Phase

1-3 remote preparatory discussions to set focus and frame conditions such as determination of priorities and desired results or selection of suitable participants.

Workshop Day 1

Module 1: LPM Fundamentals and Strategy

· Introduction to Lean Portfolio Management and its importance.

· Overview of the three core LPM focus areas: strategy, operation, and governance.

· Aligning portfolio decisions with business strategy and objectives.

Module 2: Current State Assessment

· Mapping your current organizational setup to LPM principles.

· Identifying gaps and challenges in your portfolio management.

· Defining the fields of action to improve strategic alignment.

Workshop Day 2

Module 3: LPM Operational Best Practices

· Exploring proven LPM practices for successful implementation.