Name
Start Stopping! A Lean Approach to Portfolio and Budgeting Management (Randy Hale, Sally Tait)
Description

A key to improving the impact of your portfolio operations is identifying the things you need to stop doing! How can you dial-down the focus on project schedule and cost, while amplifying value delivery focus and the flexibility required to optimize value? How can you help finance executives to shift focus toward achieving valuable outcomes over getting stuff done?

By the end of this talk, attendees will be equipped with the tools and knowledge they need to drive success in their own organizations by stopping lower value work. They will walk away with a set of pragmatic experiments they can use to jump-start progress in incremental and impactful ways. Including ‘Start-Stop-Continue' guidance across several important contexts, including:

  • Role Impacts,
  • Decision Rights,
  • Value-Based Prioritization, and
  • Tracking & Reporting


Learning Outcomes:

At the end of this session, participants will be able to:

  • Share the story of one organization that realized a 9.9% overall portfolio savings by stopping lower value work!
  • Explain the principles of lean portfolio management and its relationship to agile
  • Evaluate and apply lean portfolio management techniques for budgeting and financial management
  • Analyze and adapt the budgeting process to align with the organization's agile goal
  • Develop an initial backlog of experiments to help them initiate Lean Portfolio Management practices
  • Continuously improve the budgeting and financial management process through continuous adaptation

 

Randy Hale Sally Tait
Date & Time
Monday, July 24, 2023, 2:00 PM - 3:15 PM
Location Name
Desoto 5
Session Type
Workshop
Learning Level
Advanced
Track
Enriching Organizations
Keywords
Decision-Making, governance, Outcomes, project_to_product, workshop, prioritization, Workshops, Budgeting, Lean_Portfolio_Management, Beyond_Budgeting, Value_Delivery, Decision_Making, value-management-office, ProjectToProduct
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