IDC PlanScape: Value Stream Management to Drive a Digital Business Portfolio
This IDC PlanScape addresses how to build a digital business portfolio that will expose and highlight the value streams that are necessary to deliver business objectives. "As IT ventures into the world of digital business, a new level of portfolio management must be developed that will elevate and make transparent the business value of IT products and services as the core decision criteria to maximize business contribution," says Robert Multhaup, adjunct research advisor for IDC's IT Executive Programs (IEP).
Please Note: Extended description available upon request.
- IDC PlanScape Figure
- Executive Summary
- Why Is Value Stream Management to Drive a Digital Business Portfolio Important?
- What Is Value Stream Management to Drive a Digital Business Portfolio?
- Who Are the Key Stakeholders?
- How Can My Company Take Advantage of Value Stream Management to Drive a Digital Business Portfolio?
- Step 1: A Digital Business Steering Committee Locks in the Business' Strategic Objectives
- Step 2: The Digital Business Steering Committee Identifies the Relative Priorities of the Value Streams That Will Deliver These Objectives
- Step 3: Product Managers Establish the Target KPIs That Will Drive Achievement of Key Business Outcomes
- Step 4: The Digital Business Steering Committee Compiles All of the Digital Products and Services into a Digital Business Portfolio
- Step 5: The Digital Business Portfolio Informs Management to Make Decisions to Best Achieve Business Strategic Objectives
- Advice for Technology Buyers
- Related Research
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