Lean Portfolio Management emphasizes the importance of continuity throughout all levels of an organization to achieve enterprise agility. Here’s a breakdown of key points:
- Reorganization into Value Streams:
- A key strategy involves restructuring work into value streams.
- Value streams are sequences of steps that deliver value to the customer, ensuring a more customer-centric approach.
- Clear Solutions:
- The goal is to align work processes for clear and tangible solutions.
- This emphasis on clarity helps ensure that the organisation’s efforts are directed towards tangible and valuable outcomes.
- LPM Methodology:
- The focus is on making significant improvements by reorganizing work structures.
- LPM is seen as a tool or framework that can be employed to achieve the desired streamlining and optimization of portfolio management.
- Integration with Scaled Agile Processes:
- The LPM methodology is presented as compatible with other scaled Agile processes.
- This integration is crucial for ensuring a holistic and coherent approach to agility throughout the organization.
- Support for Enterprise-Level Agility:
- The overall assertion is that the LPM methodology supports agility at the team or program and broader enterprise levels.
- Enterprise-level agility implies that the organization is responsive, adaptable, and capable of swift and effective responses to changes and challenges.
In summary, LPM advocates for a comprehensive transformation in how work is organized and managed within an organization. The focus on value streams, clarity in solutions, and integration with methodologies like LPM and scaled Agile processes are presented as key elements in achieving enterprise-level agility. This approach aims to make organizations more adaptable, responsive, and efficient in delivering value to customers.