CHAPTER 14Innovation-Driven Portfolio Management

Change is the norm, fierce competition is everywhere, and creative thinking is the current call to action. Portfolio management is fast becoming the critical managerial approach to drive innovation in today’s business environment. Enterprise portfolio management provides the rational decision framework necessary to make the right project investment decisions—decisions that enable organizations to innovate, compete, and win in the marketplace.

To implement an innovation-driven portfolio management process and achieve organizational goals, it’s necessary to move beyond strategic planning and the conventional ...

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