Blog Posts from the Leader in Strategic Portfolio Management
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Mediocrity in Strategic Portfolio Management(SPM) is a ticking time bomb that is threatening the success of organizations everywhere. The cost of failure is staggering, with recent studies showing that up to 70 to 90% of business transformation projects fail[i] due to poor portfolio management. This equates to billions of dollars wasted on subpar results, drained …
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Investment has always been a driving force behind humanity’s biggest achievements, from conquering new lands to building thriving empires. Consider Christopher Columbus, who sought investment from all corners of Europe in his quest to find new trade routes to Asia. Despite being rejected by most investors, he eventually secured funding from the Spanish crown and …
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Strategic portfolio management (SPM) is the process of making decisions about the selection and allocation of resources to achieve an organization’s strategies. This involves balancing the organization’s investments to maximize their potential benefits, while considering cost, capacity and risk limitations. In SPM, decisions have to take into account the organization’s immediate, medium and long-term goals. …
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With the collapse of Taylorism, which focused on task and process improvement, the natural inclination is to look for another structure to replace it. Unfortunately, there is no universal answer. Organizations must realize that they require a new paradigm that allows them to optimize across many divisions in parallel. Project Portfolio management (PPM) theory is …
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Five connected underlying structures, leading to uncertainty In times of great uncertainty, many organizations drop their long-time strategy and discipline, freeze their investments, and wait for a return to normal. That’s ineffective because it focuses on the what’s happening, and not what’s causing it to happen. Too often, in too many organizations, strategic planning and …
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Not all investment types are created equal, so they can’t be treated as if they were. However, organizations are often uncertain of the need to customize their investment process, and as a result, they don’t appreciate the benefits of a robust portfolio management approach. That’s a mistake, for two main reasons. Firstly, portfolio management is …
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Recently, companies have shifted their attention to business transformation or optimization in order to improve their current operations and extend their opportunities. This is a significant shift, moving towards a future focus instead of attempting to get the most out of the present through disciplines like process and task optimization or reengineering. This is a …
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We’re pleased to announce the availability of 360 Portfolio Insights v6.9 – Product Update 9 (PU9). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. UPCOMING CHANGES: Starting with v6.9, ‘SharePoint Connected …
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We’re pleased to announce the availability of 360 Enterprise Connect v3.7. We strongly recommend that you validate these updates once they become available. Here is a list of changes that have been introduced with this update: Visit the UMT360 Product Version History page for version details.
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We’re pleased to announce the availability of 360 Portfolio Insights v6.8 – Product Update 8 (PU8). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. UPCOMING CHANGES: Starting with 360 Portfolio Insights …
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UMT360 software is positioned in Gartner’s Magic Quadrant for for Enterprise Architecture Tools™. This is the first time UMT360’s solution has been included in Gartner’s Enterprise Architecture MQ, having already been positioned in Gartner’s Magic Quadrant for Strategic Portfolio Management report. UMT360 is one of only two companies listed in both reports, reflecting our belief that true …
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Enterprise investment management is still waiting for the fundamental tenets to be established. In McKinsey’s recent global survey, 31% of their business transformation were successful. At the same time, successful organizations have realized only 67% of the potential financial benefits their transformations could have achieved. Moreover, nearly 80% of the loss occurs in the investment …
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Transformation has always been a subject of fascination for business leaders. The interest in business reengineering and business transformation really went into overdrive in the 1980s. And the current focus on the digital transformation trend is merely the latest in this continuing saga. To be clear, business transformation represents management ambitions and strategy. But it …
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We’re pleased to announce the availability of 360 Portfolio Insights v6.7 – Product Update 7 (PU7). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. UPCOMING CHANGES: Starting with 360 Portfolio Insights …
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We’re pleased to announce the upcoming release of 360 Enterprise Connect v3.6. We strongly recommend that you validate these updates once they become available. Here is a list of changes that will be introduced with this update: Added the ability for users to control security for individual Objects Introduced a new interface which provides bi-directional …
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A recent report initiating coverage of UMT360 by 451 Research asserts that strategic portfolio management (SPM) is key in helping organizations “capture what success looks like, understand current and future states in terms of architectures and business capabilities, and align different stakeholders to get there.” The report examines UMT360’s ability to deliver SPM capabilities to …
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UMT360 software is once again included in Gartner’s Magic Quadrant for Strategic Portfolio Management report. Gartner’s 2022 report also provides a stark warning to organizations that disruptions should not be ignored or dismissed, but rather expected when planning and executing strategy. The report goes further, predicting that that by 2025, organizations that don’t apply a …
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We’re pleased to announce the availability of 360 Portfolio Insights v6.6 – Product Update 6 (PU6). Product Updates include all previously released public updates and private hotfixes. We strongly recommend that any patch and release is validated in a non-production environment first before being applied to production environments. Here is a list of changes that …
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UMT360 client Cargill will present at the 10th Annual Business ArchitectureInnovation Summit on Thursday, March 24, 2022, at 3:55 pm EDT, discussing the different ways the company performs and utilizes assessments they generate using UMT360’s Enterprise Connect solutions. Due to the complexity of their business environment, Cargill requires business capabilityassessments at multiple levels, by function, …
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Bellevue, WA, February 23, 2021: UMT360 is proud to announce the acquisition of Western Principles Consulting, Inc., a leading Canadian-based Project Portfolio Management (“PPM”) consulting firm. Founded in 2005 with headquarters in Vancouver, BC, Western Principles has successfully conducted PPM implementations across Canada, including Microsoft’s PPM systems and UMT360’s strategic portfolio management software suite, in …
