Strategic Business Portfolio Management
STRATEGIC BUSINESS PORTFOLIO MANAGEMENT is suitable for neophytes and experienced practitioners. It will demystify portfolio management and is the best option for your path to practical portfolio solutions.
Harry Markowitz developed the concepts of securities portfolio analysis in the 50s. But, managing business assets differs in essential ways from security analysis. This book is a practical guide to understanding the best ways to manage your business portfolio and achieve the best results. With rigorous portfolio management, a firm can improve its results by 30% or more compared to a standalone analysis.
Portfolio analysis puts project decisions into the context of an organization's goals and requirements. Methods range from simple standalone approaches to complex non-linear and stochastic optimization. Most people pay attention to the methods, but four other critical success factors must also exist for success: framing the problem; adequate, consistent data; visualization and communication; and management support. This book outlines the criteria and standards you need for portfolio management to be effective in your organization. It is full of tips, tricks, and war stories to provide a roadmap for your path to portfolio.
This book focuses on strategic and tactical management of tangible assets and is unique in the literature. Most other portfolio management books focus on operational and project portfolio management, which optimize in the very short term. It is the first book with this focus and level of detail. The author had no such guide when embarking on his portfolio journey in 2001.
THIS BOOK COVERS:
Framing your portfolio problem,
The three technical and two organizational critical success factors for portfolio management,
Selecting the tools and methods you need to analyze your problem or questions: Is standalone economic analysis sufficient? Are rank-and-cut and slice-and-dice enough? How about categorical grids with stars and dogs? Do we need to optimize our portfolio? How does Monte Carlo analysis fit in?
The importance of Change Management and Leadership Support, and
Implementing portfolio management solutions.
Along the way, you will learn what "good decision" means, details about financial metrics, how to avoid blind alleys and pitfalls that will lead to failure, and how to organize your data for input, analysis, and output. Using the techniques and concepts in this book, you will be the portfolio expert in the room.
This book belongs in the library of everyone interested in strategy, planning, decision-making, and portfolio analysis.
STRATEGIC BUSINESS PORTFOLIO MANAGEMENT is suitable for neophytes and experienced practitioners. It will demystify portfolio management and is the best option for your path to practical portfolio solutions.
Harry Markowitz developed the concepts of securities portfolio analysis in the 50s. But, managing business assets differs in essential ways from security analysis. This book is a practical guide to understanding the best ways to manage your business portfolio and achieve the best results. With rigorous portfolio management, a firm can improve its results by 30% or more compared to a standalone analysis.
Portfolio analysis puts project decisions into the context of an organization's goals and requirements. Methods range from simple standalone approaches to complex non-linear and stochastic optimization. Most people pay attention to the methods, but four other critical success factors must also exist for success: framing the problem; adequate, consistent data; visualization and communication; and management support. This book outlines the criteria and standards you need for portfolio management to be effective in your organization. It is full of tips, tricks, and war stories to provide a roadmap for your path to portfolio.
This book focuses on strategic and tactical management of tangible assets and is unique in the literature. Most other portfolio management books focus on operational and project portfolio management, which optimize in the very short term. It is the first book with this focus and level of detail. The author had no such guide when embarking on his portfolio journey in 2001.
THIS BOOK COVERS:
Framing your portfolio problem,
The three technical and two organizational critical success factors for portfolio management,
Selecting the tools and methods you need to analyze your problem or questions: Is standalone economic analysis sufficient? Are rank-and-cut and slice-and-dice enough? How about categorical grids with stars and dogs? Do we need to optimize our portfolio? How does Monte Carlo analysis fit in?
The importance of Change Management and Leadership Support, and
Implementing portfolio management solutions.
Along the way, you will learn what "good decision" means, details about financial metrics, how to avoid blind alleys and pitfalls that will lead to failure, and how to organize your data for input, analysis, and output. Using the techniques and concepts in this book, you will be the portfolio expert in the room.
This book belongs in the library of everyone interested in strategy, planning, decision-making, and portfolio analysis.
STRATEGIC BUSINESS PORTFOLIO MANAGEMENT is suitable for neophytes and experienced practitioners. It will demystify portfolio management and is the best option for your path to practical portfolio solutions.
Harry Markowitz developed the concepts of securities portfolio analysis in the 50s. But, managing business assets differs in essential ways from security analysis. This book is a practical guide to understanding the best ways to manage your business portfolio and achieve the best results. With rigorous portfolio management, a firm can improve its results by 30% or more compared to a standalone analysis.
Portfolio analysis puts project decisions into the context of an organization's goals and requirements. Methods range from simple standalone approaches to complex non-linear and stochastic optimization. Most people pay attention to the methods, but four other critical success factors must also exist for success: framing the problem; adequate, consistent data; visualization and communication; and management support. This book outlines the criteria and standards you need for portfolio management to be effective in your organization. It is full of tips, tricks, and war stories to provide a roadmap for your path to portfolio.
This book focuses on strategic and tactical management of tangible assets and is unique in the literature. Most other portfolio management books focus on operational and project portfolio management, which optimize in the very short term. It is the first book with this focus and level of detail. The author had no such guide when embarking on his portfolio journey in 2001.
THIS BOOK COVERS:
Framing your portfolio problem,
The three technical and two organizational critical success factors for portfolio management,
Selecting the tools and methods you need to analyze your problem or questions: Is standalone economic analysis sufficient? Are rank-and-cut and slice-and-dice enough? How about categorical grids with stars and dogs? Do we need to optimize our portfolio? How does Monte Carlo analysis fit in?
The importance of Change Management and Leadership Support, and
Implementing portfolio management solutions.
Along the way, you will learn what "good decision" means, details about financial metrics, how to avoid blind alleys and pitfalls that will lead to failure, and how to organize your data for input, analysis, and output. Using the techniques and concepts in this book, you will be the portfolio expert in the room.
This book belongs in the library of everyone interested in strategy, planning, decision-making, and portfolio analysis.