Lean Portfolio Management Drives Improved Business Value Achievement
Embracing an Agile Mindset and a Lean Agile Approach to Accelerate Value Delivery
The Global Learning and Development (GL&D) group of a major global pharmaceutical company was looking for a better way to manage their comprehensive Portfolio of Learning and Development (L&D) programs in support of their Manufacturing Division.
The Client’s existing approach to Portfolio Management was very siloed and lacked the view of the broader organizational goals. The Client wanted to improve strategic alignment, operational adaptability, and value realized while simplifying overall portfolio financial management.
We partnered closely with leadership, we quickly assessed their current operations and developed a roadmap to guide them along their journey. We focused first on supporting leadership to embrace Lean Agile Principals, to help overcome cultural barriers through a “change in mindset”. We then leveraged Lean Portfolio Management Processes as the foundation to support new ways of working. Lastly, we provided executive coaching to help support and accelerate the overall adoption of Lean Portfolio Management.
Challenges
- Long digital campaign development and deployment cycle times.
- Diluted focus and competing priorities caused by siloed and matrixed delivery teams.
- Slow to embrace mindset and cultural changes.
- Unrealized return on investment in digital engagements.
REGION
Mid Atlantic
SECTOR
Pharmaceuticals
COMPANY SIZE
70,000 employees
ENGAGEMENT DURATION
6 months
KEY OUTCOMES
Accelerated Business Value Achievement
Strategy & Execution Alignment
Effective Portfolio Financial Management
Portfolio Transparency
navigate success stories
Roadmap
Lean Portfolio Management Adoption
Value: Provide Transparency, Enhance Communications, Enable Value-based Prioritization, Improve Capacity Management, Short Delivery Cycles, Simplify Financial Management, Empower LPM Team
Awareness
- Agile Mindset
- Agile Principles
- Lean Agile Advisory Services
Knowledge and Desire
- Agile Basics
- Lean Portfolio Management
- Agile Roles
- Lean Agile Advisory Services
- Agile Coaching
Ability and Enforcement
- Tool Selection and Configuration
- Portfolio Migration
- Prioritization (WSJF)
- Capacity Management (Forecasting)
- Lean Budgeting
- LPM Team Launch
- LPM Continuous Improvement
- Lean Agile Advisory Services
- Agile Coaching
Accelerated Achievement of Organizational Goals
- Clear insight into a single, comprehensive and transparent portfolio.
- Strategy and execution alignment through the adoption of an interrelated hierarchy of work items.
- Simplified and effective financial management by moving from project to value stream budgeting.
- Efficient portfolio execution through the adoption of a consistent planning and delivery cycle.
- Learning Directors becoming an empowered, self-organizing and high-performing team of Portfolio Managers through the adoption of the Lean Agile Principles.