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Forrester

Three Best Practices To Improve Strategic Planning And Portfolio Management

As companies prepare for 2016, customer obsession remains the highest priority; however, controlling costs comes in a close second. Differentiating yourself in a demanding customer market without breaking the bank requires a fundamentally different approach to planning and execution that demands greater flexibility in establishing strategic vision and requires agility in execution. Doing this successfully requires applying best practices that enable an organization to take an inclusive approach to planning and using data-driven feedback to measure performance. In this report, we examine the practices that project management office (PMO) and enterprise architecture (EA) professionals must adopt to support their business peers. This is an update of a previously published report; Forrester reviews and revises it periodically for continued relevance and accuracy. We are now updating it to reflect our most current thinking on integrated strategic planning and portfolio management.

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