Change Portfolio Management - Event recording
Helping organisations build their change muscle with our global thought leaders on Change Portfolio Management.
Jenn Zuber, Bernice Maldonado and Angela Neilson joined us to share their extensive experience with managing change portfolios.
Change Portfolio Management (CPM) is a crucial approach for organisations to manage multiple change initiatives effectively. By understanding and managing the cumulative impact of changes, organisations can improve their change fitness and achieve better outcomes.
In this insightful webinar, our guest speakers cover definitions, key concepts, and practical applications, emphasizing the importance of managing change initiatives from a portfolio perspective to mitigate risks, optimise resources, and enhance organisational resilience.
Jenn gives a comprehensive overview of CPM, emphasising its importance in managing the growing complexity and pace of organisational changes. She introduces key concepts like change saturation and change collision, highlighting the need for a strategic approach to handle multiple simultaneous changes effectively. She explains that CPM involves assessing the cumulative impact of various change initiatives to make informed strategic decisions on pace, scope, and communication.
Angela shares her practical experience of implementing CPM in a fast-moving logistics business. She describes how aligning change management resources with the people receiving the change, rather than with specific programs, results in a more seamless change experience. This approach improves engagement, communication, and training across programs, ultimately making the organisation more change-fit. She highlights the importance of starting with what is available and building credibility and transparency to gain trust and facilitate smooth implementation.
Bernice provides a perspective on helping organisations with different maturity levels in change management. She notes that organisations often face challenges in dedicating time and resources to CPM, especially when they lack a formal change management practice. She highlights the importance of leveraging existing data and tools, educating leaders on CPM benefits, and starting small with pilot projects to build momentum and support.
The webinar also emphasizes the:
- importance of making data-driven decisions and ensuring visibility of change impacts across the organisation
- need for consistency in data collection
- value of integrated change views for better planning and prioritisation
- role of CPM in enhancing overall change fitness and reducing change fatigue
The session underscores the significance of CPM in managing complex change environments, providing practical strategies for organisations to improve their change management practices and achieve strategic objectives.
To delve deeper into these strategies and insights, watch the full event recording with this link.
Change Portfolio Management Training
CPM Foundation Training Course
This course will equip you with the essential skills and knowledge to apply CPM principles and techniques to drive successful change execution. Find upcoming courses here.
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CPM Advanced Training Course
This course builds on the key concepts introduced in CPM Foundation to dive deeper into tools and techniques, aligned to the 3PR Framework, that can be used to lead, implement and scale CPM in an organisation. Find upcoming courses here.
Click here to learn more.