Portfolio Management for strategy refers to the centralized management of one or more project portfolios to achieve strategic objectives. Typically used by top-level executives, strategy managers, and project management professionals, it involves analyzing and prioritizing projects and programs based on relevance, value, and alignment with organizational goals. Offering a holistic view of all ongoing and potential projects ensures that resources are allocated efficiently and that chosen endeavors align with the company’s strategic direction, thereby maximizing value and ensuring a robust return on investment.
Almost overnight Praxie created a customized solution for our 100 member organizations across Canada to drive strategy and innovation. The Praxie team provided expert guidance and amazing support to our internal team and users.
Praxie’s innovation solution stood out from other options because it can be customized so quickly to fit our exact process requirements. Plus, it’s incredibly easy to use and manage.
I would heartily recommend the Praxie team to any organization seeking to seriously undertake a lasting and successful innovation process.
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Soren Kaplan has been recognized by Business Insider and Thinkers50 as one of the world’s top thought leaders in business strategy, innovation and the consulting industry. Soren is also a Wall Street Journal bestselling and award winning author of two books, an Affiliate at the Center for Effective Organizations at USC’s Marshall School of Business, a columnist for Inc. Magazine, and a globally recognized keynote speaker. He has consulted to and advised Disney, NBCUniversal, Kimberly-Clark, Colgate-Palmolive, Hershey, Red Bull, 3M, Medtronic, Roche, Philips, Cisco, Visa, Nucor, McKesson, Ascension Health, Cigna, CSAA Insurance Group, the American Nurses Association, AARP, and numerous others.