Optimizing a Project Portfolio

Know How

Innovation in Established Companies: Making It Work

Established companies must learn to innovate to survive in today's world
Download PDF
“Leaders can ensure their teams are working on the right projects to achieve their vision through a robust Portfolio Management methodology.”
-- Acquis Innovation in Established Companies Insight Paper
Without execution, the best strategy is nothing more than an empty promise. At Acquis we help our clients focus their teams on the right initiatives at the right time to achieve their strategies by developing and deploying a sound Portfolio Management methodology.

Whether you are a C-level executive or departmental leader, it is key that you effectively prioritize the activities your team focuses on to ensure you optimally utilize resources to achieve your objectives.

It starts with having clear goals, and metrics for measuring your achievement against those goals. Every organization and team has different goals, but from gaining market share, to better communication with key stakeholders, to reducing costs, a method can be developed for measuring the likelihood of an activity, helping the team make progress.

With your goals in mind, your team can develop a list of activities that can be evaluated against their likely impact. Your team can then utilize a rubric to help determine which activities should be pursued and how resources should be allocated to maximize impact.

Most organizations have multiple goals. When evaluating a proposed list of activities, it is helpful to review several views to ensure a balanced portfolio across your goals. There is typically no single correct answer. Optimizing your project portfolio requires a blend of quantitative and qualitative analysis that leverages both your experience and instinct, as well as rigorous analysis. This will ensure you make informed decisions.
Our Approach

We view every one of our engagements as a partnership built on a strong foundation from the very start. We seek to understand first, so your challenges become our challenges, and in turn, opportunities for resolution.

We keep execution in view while helping you create strategies and design solutions. We think about sustainable solutions that fit your needs. We work with you to create the clear path to success. We continue to listen, but objectively challenge priorities and identify risks.

We roll up our sleeves to do the work. We help you establish the right pace and rhythm, while continually tracking and measuring status and progress. We will know when your team needs to adjust to changing business conditions.

We do more than deliver success. In transferring ownership of the solution, we work to elevate and empower your organization with a capacity and ambition for continuous improvement.

We put you and your people first.
This is our approach.

Meet the Team

Portfolio Management Specialists
Partner
Doug
Locke
“I put myself in the shoes of my sponsor, looking to innovate in their best interests and in keeping with company culture. Their time is at a premium so I endeavor to be an extensible and trusted asset.”
-- Doug Locke
See Full Bio
Industry Experience

Life Sciences

Healthcare

Consumer Products

Media & Entertainment

Managing Director
Adam
Schwartz
“It is not the strongest that survives, nor the most intelligent, but the one most adaptable to change.”
Charles Darwin
See Full Bio
Industry Experience

Life Sciences

Education

Nonprofit

Consumer Products

Impact Story

Developing a Project Portfolio Strategy

Related Impact Story

Redefining Business Procedures After Rapid Growth

Read More
Client Profile
A leading pharmaceutical company committed to scientific innovation
Industry
Life Sciences
Challenge
After becoming an autonomous entity, a unit within a multi-billion dollar Life Science company sought a way to define and quantify its value to customers and the company, and strategically navigate an evolving legal environment. They needed to ensure they were focused on the right activities to maintain value as a business partner.
Approach: Think + Do
We partnered with the client to define a new portfolio management strategy and create a tool to operationalize the approach. Collaborating with key stakeholders across the organization, we developed and led a multi-phase product rollout that met customer needs and included features to allow users to make informed tradeoff decisions at the Product, Portfolio, and Company levels. By taking the care to fully understand and address organizational interdependencies, we were able to greatly manage rollout risks.
Results
We established the organization as a value driver for its customers and business colleagues by quantifying its value. We created a new “currency” for the value of activities, proving that benefits can be measured in metrics other than dollars. We enabled a successful rollout amidst organizational change, and helped solidify the organization as the innovator in its field. We launched a new portfolio management product, empowering the organization to make more informed and measurable decisions.
Download PDF
Contact Us Today to Learn How Acquis Can Help Email Us