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IDC PlanScape: Value Stream Management to Drive a Digital Business Portfolio

Publisher IDC
Published Feb 14, 2024
Length 15 Pages
SKU # IDC18540139

Description

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.

Table of Contents

15 Pages
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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