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A Business Value Focus for Portfolio Management
Cutter Consortium, June 2007
Many organizations find themselves overwhelmed with opportunities, initiatives, and required activities that are crucial to their continued success. Leaders bemoan the fact that they do not have enough time to get everything done. Unfortunately, we have yet to find a way to truly 'get' more time, so instead we need to turn our attention to the workload. As such, leaders look for a way to get more done by doing less. How do you go about accomplishing this?
By asking the following question: 'Is everything we do delivering the maximum business value?' By establishing a business value focus throughout the entire organization, every activity is weighed as to the value it brings to the marketplace. Activities with insufficient business value are not done. This can give leaders 'more' time.
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