The Core Message to PMOs: Innovate or Disintegrate
Nearly 1,500 IT program and portfolio managers, along with CIOs and other senior managers, flocked to the home of Disney World for the Gartner Program & Portfolio Management Summit to gain insight into how to reinvent program and portfolio management in order to succeed in the fast-paced, largely uncharted digital age.
In this article, I’ll give my take on some key themes that ran through the Summit. Presenters were Gartner analysts as well as PMO and portfolio management leaders in industry and government.
An Imperative for the PMO
According to Gartner research, to succeed in the digital age, project and portfolio management must move from the traditional confines of technical project management and focus on delivering new levels of enterprise agility and business value.
For the PMO, this will require a fundamental shift in strategies, processes and leadership. It’s nothing new to say that, for IT organizations, agility means the ability to respond to change. However, what came out loud and clear is that the PMO must also exercise agility not only in responding to change, but to also proactively initiate change.
Rethinking the PMO from Inside Out
From an IT perspective, most industries are shifting from optimizing efficiency of existing processes to moving into a fast-paced period of innovation and experimentation. The driver is digitalization:
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