Once an organization completes the preceding steps once, it can begin to make periodic corrections to the plan, update the roadmap, build momentum, and incorporate new priorities on a regular basis, based on changing needs and dynamics. As initiatives complete implementation and yield results, bandwidth frees up to address emerging priorities.
Since these tires worked out so great, why don’t we put the car on a regular maintenance program? And while we’re at it, let’s add the RV and the motorcycle, too.
Step #8
Manage the Portfolio
Organizations that learn to stop and freeze lower-priority projects, defend priorities, and continually manage the bandwidth of the leadership team typically and the greatest ROI in people, time, and dollars.
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