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Ruthless Execution: How Business Leaders Manage Through Turbulent Times, Second Edition by Craig LeGrande, Amir Hartman

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3. Portfolio Management Discipline

We are what we repeatedly do. Excellence, then, is not an act, but a habit.

—Aristotle

As noted in Chapter 2, “Strategic Recalibration and the Business Philosophy,” the strategic recalibration process should be as important to a business as manufacturing a product and delivering it to customers, or any other critical process that is core to what a company does.

By establishing the strategy process as a key fundamental for your business, the table has been set for the execution process to meet your strategic goals.

Working with large global enterprises, we’ve found that the development of a portfolio management discipline is a critical element of any recalibration effort. Much as financial experts use portfolio ...

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