“We don’t have the bandwidth.”
“Money doesn’t grow on trees.”
“You can’t always get what you want. But if you try sometimes, you get what you need.”
Whether in business, the family or in the words of history’s longest-running rock band, resource scarcity is a veritable certainty. People, money, equipment – even intangible concepts like attention and focus – cannot be spread to cover everything, all the time.
In the digital economy, the flow of information and the pace of change have increased – seemingly exponentially – every year. The importance of filtering out the noise and focusing resources on the right organizational priorities has never been higher. Increasingly, companies depend on portfolio management to help accomplish this.
This ISG white paper explores the importance of applying portfolio management tools, techniques and processes to effectively direct an organization’s resources to the best overall advantage.