Whereas categorisation and prioritisation can be relatively objective, nding the right balance
can be more subjective. It is driven by the context and values of the host organisation. In a young
and dynamic business it may be acceptable and feasible to have a high proportion of the portfolio
generating signicant change. In an entrepreneurial organisation it may be desirable to have high
overall levels of risk (with associated potential for high return). In more established organisations,
regulated industries or not-for-prot organisations these approaches may be unacceptable.
Ultimately, every organisation must adjust th ...
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