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Enablement through project/program
portfolio management (p3m) in a fast(er)
changing world
Strategic Business Alignment
Talk Outline
 Today’sWorld
 Business andTechnologyAlignment
 Acknowledging Operating Realities
 Techniques for Success
Today’s World – It’s hard to keep up
with the Lee’s (Chans, Wongs, Lams) of the world
 Challenging growth opportunities
 Challenging cost containment environment
 More profit is hard to achieve
 Business demands on people, processes, and technology:
 Accommodate organizational restructuring
 Rapidly expose new business services and innovations to interested customers
 Mitigate operational risk
 Secure information assets
 React to changing business and legislative environment
 Eliminate reliance on inflexible and unstable systems and processes
4
Aligning Business Strategy with
IT Enablers
Business
Strategy
“Working Smarter &
Better IT”
“The Every Day IT”
Infrastructure DC
Networks / Security
Servers / Compute
Databases / Storage
Business Applications
Business Process
Consulting / Project Mgmt
More Growth Cost reduction = Increased Profit
Information
Enablers
Technology
Enablers
Corporate Realities –
Governance Challenges
Same
Page???
Strategic Initiative Kick-0ff
Executive efforts
Management activities
Employee responses
Techniques for Success
 Know your Executives’ incentives (i.e. what drives behavior)
 Public companies vs. Private companies
 Business Strategy into a company Portfolio
 Portfolio into Programs
 Programs into Projects
 Governance model fit for the organizational maturity
 PMO function
 Investment protection
 Benefits realization
 P3M standards to ease communications and change management
Tools
 Portfolio categorized to strategic initiatives (i.e. Growth,
Cost Savings) – aka Calendar of Commitments, Plan on a
Page, Profit Protection
 Process – aka engagement model, business operating model,
functional operating model, budgeting and planning model
 Decision making – aka governance, approval processes, spending
delegated authority policies
 Technology/Systems – Excel is better than nothing, Financial
accounting system/ERP
 Understanding the CoA and financial reporting
 Calendar of Review – Exco meetings, Steering Comms, etc.
12
 Right level of understanding
 Process Standardization
 Global Enabler platforms
PEOPLE PROCESS
TECH & TOOLS
Successful Change
Lui Sieh
Email: sieh.lui@gmail.com
LinkedIn: https://hk.linkedin.com/in/lsieh
Phone: +852-9300-2783

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Strategic business alignment enablement through P3M - 17th November 2015

  • 1. Enablement through project/program portfolio management (p3m) in a fast(er) changing world Strategic Business Alignment
  • 2. Talk Outline  Today’sWorld  Business andTechnologyAlignment  Acknowledging Operating Realities  Techniques for Success
  • 3. Today’s World – It’s hard to keep up with the Lee’s (Chans, Wongs, Lams) of the world  Challenging growth opportunities  Challenging cost containment environment  More profit is hard to achieve  Business demands on people, processes, and technology:  Accommodate organizational restructuring  Rapidly expose new business services and innovations to interested customers  Mitigate operational risk  Secure information assets  React to changing business and legislative environment  Eliminate reliance on inflexible and unstable systems and processes
  • 4. 4 Aligning Business Strategy with IT Enablers Business Strategy “Working Smarter & Better IT” “The Every Day IT” Infrastructure DC Networks / Security Servers / Compute Databases / Storage Business Applications Business Process Consulting / Project Mgmt More Growth Cost reduction = Increased Profit Information Enablers Technology Enablers
  • 5. Corporate Realities – Governance Challenges Same Page???
  • 10. Techniques for Success  Know your Executives’ incentives (i.e. what drives behavior)  Public companies vs. Private companies  Business Strategy into a company Portfolio  Portfolio into Programs  Programs into Projects  Governance model fit for the organizational maturity  PMO function  Investment protection  Benefits realization  P3M standards to ease communications and change management
  • 11. Tools  Portfolio categorized to strategic initiatives (i.e. Growth, Cost Savings) – aka Calendar of Commitments, Plan on a Page, Profit Protection  Process – aka engagement model, business operating model, functional operating model, budgeting and planning model  Decision making – aka governance, approval processes, spending delegated authority policies  Technology/Systems – Excel is better than nothing, Financial accounting system/ERP  Understanding the CoA and financial reporting  Calendar of Review – Exco meetings, Steering Comms, etc.
  • 12. 12  Right level of understanding  Process Standardization  Global Enabler platforms PEOPLE PROCESS TECH & TOOLS Successful Change
  • 13. Lui Sieh Email: sieh.lui@gmail.com LinkedIn: https://hk.linkedin.com/in/lsieh Phone: +852-9300-2783