What is an Entity Portfolio Management Strategy?
An entity portfolio management strategy is a comprehensive plan that outlines the actions an organization should take to manage and optimize the performance and value of their portfolio of entities. This strategy typically includes objectives, actions, and measurable targets (KPIs) that help ensure the strategy is successful. A clear and well-thought-out strategy can help organizations identify opportunities, reduce risk, increase efficiency, and maximize value from their portfolio of entities.
What's included in this Entity Portfolio Management Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Entity Portfolio Management Strategy template for?
This Entity Portfolio Management Strategy template is designed for organizations with diverse business entities. By following this template, organizations can create a comprehensive strategy to manage and optimize the performance and value of their portfolio of entities.
1. Define clear examples of your focus areas
A focus area is a broad area of interest or activity that an organization seeks to improve, develop, or maintain. Examples of focus areas for an entity portfolio management strategy could include portfolio entity optimization, entity performance management, and entity value management.
2. Think about the objectives that could fall under that focus area
Objectives are goals that an organization seeks to achieve in order to fulfill the focus area. Examples of some objectives for the focus area of Portfolio Entity Optimization could be: Maximize Portfolio Value, and Reduce Portfolio Risk.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are measurable targets that an organization sets to track progress toward achieving objectives. For example, the KPI for the objective of maximizing portfolio value could be to increase portfolio value by 20%.
4. Implement related projects to achieve the KPIs
Projects, or actions, are initiatives that an organization undertakes to achieve the KPIs. For example, an action to achieve the KPI of increasing portfolio value could be to investigate and identify growth opportunities.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is a strategy execution platform that helps organizations create, manage, and monitor their strategies. Cascade provides a suite of powerful features that help organizations align their efforts, measure progress, and ensure results are achieved faster.