A single entity responsible for end-to-end business transformation
Combine the best of two cultures and ensure that business transformation is delivered and aligned to the corporate strategy.
An Innovation and Portfolio Management Office presents an opportunity for the right ideas to move
forward, lessons to be learned and ROI to be measured on a long-term basis.
Take control of
Understand the value throughout the business transformation process and ensure that your benefits are correct and being realized.
Align vision, process
The IPMO provides you with complete governance of the entire process, aligning business change with the overall strategy from the board level downwards.
One reporting entity
Gain access to all business transformation data in a central location and conduct more standardized and insightful reporting.
Why implement an Innovation & Portfolio Management Office?
- Current Structures
- Innovation & Portfolio Management Office
- Innovation is often limited to small communities, ungoverned and unmanaged
- Organizational strategy is not widely understood or communicated
- External influences and trends ate not evaluated and understood
- Lack of ownership and sponsorship at an executive level
- Benefits ate not realized. Business cases are not revisited, and lessons are not learn
- Creates widespread involvement in the innovation process
- Responsible for communicating and embracing the organizational strategy
- Ability to prioritize the entire portfolio, with visibility of new ideas coming down stream, along with live projects
- Encourages ownership at a higher level, helping to drive business transformation
- Centrally manages, monitors and understands benefits during and after the project is executed
Are you ready for end-to-end Innovation?
Find out with our free instant Innovation Preparedness Assessment
How edison365 supports an Innovation & Portfolio Management Office
Our easy to use tools create transparency and visibility of value from the idea, business case justification and project execution, with tailored processes that can be defined by each individual organization. Align the tools to your strategy and key performance indicators to ensure the ideas with the highest ROI move forward and are executed. Further facilitating a central and standardized location for all reporting, edison365 enables effective benefit realization.
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