Two leading experts in the field will outline to delegates how the Agile Portfolio Management (AgilePfMTM*) approach helps organisations reach their strategic goals and adapt to changing circumstances along the way.
Ed Holt and Barbara Roberts are experienced members of the Agile Business Consortium, the not-for profit body that pioneered Agile business thinking some 20 years ago and continues to be at its forefront as Agile evolves from an IT and project management background into whole-business applications.
Themes explored by their presentation will include:
- The Agile Organisation and how it can help CEOs and other senior executives reach their goals, do more for less and be competitive and responsive in a constantly changing world.
- What is AgilePfM, how it contributes to Agile business, and how it differs from traditional portfolio management.
- Key tips on how the PMO can contribute to make implementation of AgilePfM a success.
“The pace of change is now so rapid, organisations cannot afford to operate in a cumbersome way with rigid plans setting out what will be happening over the next year or 18 months,” said Ed Holt. “Annual budget planning, for example, is time-consuming and often a wasted effort. Instead, budgets and forecasts should be reviewed on a rolling basis to ensure the right decisions are made at the right time, based on current information and relevant to the actual – rather than long-predicted – needs of the business.”
AgilePfM is the Framework for Business Agility scaled to the highest level. It provides a framework for all types of business change and lays the foundations for approving, prioritising and governing such work within a broad portfolio of programmes, projects and continual improvement initiatives. Its core principles include: explicitly defining strategic goals; allocating resource on a rolling basis; the importance of including all stakeholders; aligning change with strategic goals; and encouraging small commitments with a defined value.
Barbara Roberts, who is co-leader for the Agile Business Consortium’s Agile Strategy and Portfolio product, added: “While an Agile approach to change initiatives is becoming prevalent, organisations may struggle to reflect this agility at portfolio level. AgilePfM defines a high level Agile approach that supports agility at the project and programme levels, enabling senior executives to maximise value from their organisation’s portfolio investment.”
The Agile Business Consortium is a gold sponsor of the PMO 2017 Conference, which takes place on 7 June at the St Paul’s conference centre in Aldersgate, London.
* AgilePfMTM is a trademark of the Agile Business Consortium Ltd
What is an Agile Business?
An Agile business is an organisation that can respond quickly and effectively to opportunities and threats whether they are found in its internal or external environments (commercial, legal, technological, social, moral or political).
Agile businesses value:
- Innovation over status quo
- Inspiring leadership over conservative management
- Collaborative autonomy over hierarchical control
- Customer focus over self-interest
About Agile Business Consortium:
The Agile Business Consortium is a not-for-profit membership organisation that aims to provide global leadership in promoting, supporting and enabling the adoption of Agile at all levels.
It focuses on enabling effective business change and transformation, and in particular on improving culture, structure and leadership to deliver strategic goals.
Based in Ashford, Kent, the Agile Business Consortium offers advice, guidance and accredited products and services across a wide range of industries, government organisations and charities through an international network of Agile practitioners and partners.
For more information, visit www.agilebusiness.org