Lean Portfolio Management (LPM) is a relatively newer management methodology which draws from lean and systems thinking approaches to drive value-based outcomes, as opposed to more traditional techniques which measure output. When business strategy and product development are aligned using an LPM approach, the organization produces more high-value work with fewer bottlenecks and delays. LPM comes with three main pillars: funding, governance and operations. Funding refers to defining operational value streams and ensuring teams have the capacity available to meet their objectives. Governance refers to ensuring delivery of value remains at the core of every initiative. Operations refers to ensuring teams are set up to deliver end-to-end value without unnecessary delays or bottlenecks.
To dive deeper into how Jira Align can make LPM a reality for any organization, watch this video. And please drop me a line or two with your thoughts!
3 comments