Top 8 Key Tasks of Strategy Office - Thinking Portfolio
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Strategy office is a scouting post · Communicating strategic work to employees and other key interest groups · Measuring and evaluating strategy ( ... Skiptocontent Top8KeyTasksofStrategyOffice ViewLargerImage Onaconceptuallevel,strategyofficesarebecomingcommonplaceincompaniesthatbelieveinachievingsuccessthroughstrategicplanningandimplementation. Strategicwork,however,variessignificantlydependingontheobjectives,sectorandmanagementcultureofthecompany.Strategyisofteninterpretedinmanyways,anditssignificancetointerestgroupsdependsontheviewpoint. Thekeyistocarryouttherightoperationsatexactlytherighttime.Successfulnessofdecisionmaking,andelicitingtheparticipationoftheemployeesarecriticalpointsthatalwaysconcerncompanies. Strategyofficeisascoutingpost Observingthebusinessenvironmentisakeyaspectofstrategizing. Accordingtostudies,65%ofacompany’ssuccessisbasedonitsabilitytoadapttochangesinthebusinessenvironmentandutilisingthesubsequentlyarisingbusinessopportunities. WhileastrategyofficeisafairlynewconceptandmethodinFinland,ithasgarneredplentyofinterest.Strategyofficefacilitatestheorganisationof,e.g.thefollowingoperations: Communicatingstrategicworktoemployeesandotherkeyinterestgroups Measuringandevaluatingstrategy(e.g.KGI,strategiccoherenceanalysis,strategicproject,applicationandserviceportfolioanalyses,valuegapanalyses) Planningandmanagementofthestrategyprocess Creatingstrategicpartnerships Scenariowork In-housesupportformanagement Strategicresourceallocation Strategicriskmanagement(currentissues,e.g.geopoliticalmattersandmarketrisks) Itisgoodpracticetoestablishwhothestrategyofficereportsto,andhowtheorganisationcanprovideinformationrequiredbythestrategyoffice. EsaToivonen,ManagingPartner,SeniorAdvisor,CGEIT,CISA,CRISC,LJK2017-07-11T11:10:22+03:0023.4.2015|Tags:PortfolioManagement,strategy,StrategyOffice,StrategyOfficer,SuccessfulProjectPortfolioManager| RelatedPosts PMAFocus2022Austria13.10.2022 4.10.2022 ImprovingYourProjectPortfolioPost-EvaluationProcess 15.8.2022 HowDoesManagementInvolvementImpactProjectPortfolioManagementPerformance? 5.8.2022 Postevaluationsofprojectsprovideopportunitiesfordevelopment 1.6.2022 Whysustainabilityeffortsneedportfoliomanagement! 25.5.2022 BestPost-evaluationMethodstoMakeYourProjectPortfolio/PMOShine 1.5.2022 FollowUs RecentPosts PMAFocus2022Austria13.10.2022 2022/10/04 ThinkingPortfolio®ProjectPortfolioDemo,Thursday27.10.2022,01:00–01:30p.m.CET 2022/09/20 ThinkingPortfolioprovidesvisualisationofRetta’sprojectportfolioandsharpensprioritisationandresourceplanning 2022/09/16 TheRegionalCouncilofCentralFinlandcontrolsprojectfundingintheregionwiththeThinkingPortfolioprojectportfolio 2022/09/16 ThinkingPortfolioApplicationPortfoliomakestheinterdependenciesofScanfil’sapplicationsandtechnologiesvisible 2022/09/16 SamiedutakesprojectmanagementtoanewlevelwithThinkingPortfolio 2022/09/16 ThinkingPortfolio’sProductDevelopmentPortfoliosupportsHKScan’sproductdevelopmentprocess 2022/09/16 ImprovingYourProjectPortfolioPost-EvaluationProcess 2022/08/15 ShareThis Facebook Twitter LinkedIn
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