By Stephen S Bonham
Exhibits execs the right way to combine functionality, technique, portfolio, venture, and chance administration so their businesses can reply extra speedily and successfully in a hugely aggressive atmosphere. This quantity explains how method portfolio administration builds a company knowledgebase that controls tactics.
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Extra info for Actionable Strategies Through Integrated Performance, Process, Project, and Risk Management
First the size, then the approach). The first model uses five stages, the second model is more expansive with seven stages, and the third model goes down to four stages while also introducing five factors of maturity. After presenting these models, we’ll have a foundation on which we can stack capability maturity models (CMMs) and then understand how an integrated PePPR execution maturity model should be applied to companies of differing maturity. STaRS Michael Watkins, author of The First 90 Days, presents a model to help diagnose an organization’s current position called the STaRS model (for Start-up, Turnaround, Realignment, and Sustaining Success) .
1 show the integrated PePPR model in table form. Here, metrics, processes, projects, and risks are fed into the mix from above, integrated, and then fed out to the four PePPR management components. It is in the integrated matrix that the heart of this book beats. As was presented in the previous section, the value-adds of integrated PePPR management can also be seen in each of the integrated components of the PePPR model. While each integration point provides value, some tend to be more common than others, thus providing less incremental value.
2). The foundation of this pyramid is laid with the business concept or business plan. This is followed by a market analysis and, if possible, the creation of a niche. The products and services to be sold should be developed in Task 3, after the first two planning tasks are completed. Then, as the company grows, resources will need to be hired to allow the company to scale up (Task 4). Task 5 involves the introduction of systems to automate some operational tasks, such as human resources, accounting, inventory, supply chain, customers, and sales.