PPM Leaders Deliberately need an Extreme Transformation:Gartner
NATIONAL HARBOR, MD: Ongoing economic uncertainty is driving IT-enabled business transformation to go beyond the scope of existing workplace experiences; there is an urgency for the program and portfolio management (PPM) leaders to prepare greater number of business transformation projects and programs with higher expectations for results, reveals Gartner, an information technology research and advisory company.
Robert Handler, Vice president at Gartner says, “Today, due to turbulent nature of businesses, supporting strategic initiatives and adapting to market changes brings greater scrutiny upon all PPM leaders. It will also drive the acquisition of much-needed organization change management and business process change management capabilities. The increased severity of coming changes will serve to highlight PPM skill and practice deficiencies, and bring about increased recognition of the value of advanced practices.”
Gartner predicts that most C-suites (often the CFO or the COO) in the largest global organizations will rely on activist enterprise program management office (EPMO) leaders by 2017.Two factors have triggered this forecast; the first is the increasing pressure toward innovation and differentiation as economies and businesses emerge from the recession and the second is the organizations’ need to significantly improve their ability to execute on strategy.
According to Donna Fitzgerald, Research Vice President at Gartner, the role of an activist EPMO leader is to make sure that different business units are executing strategic work (projects and programs) that contribute to the wider business perspective.
However, Gartner reveals that successful transformation program leaders will direct 60 percent of the program budget to organizational/business process change activities. Reportedly, analysts will further discuss these trends at the Gartner PPM and IT Governance Summit 2014.