{"id":11832,"date":"2020-04-06T10:20:00","date_gmt":"2020-04-06T15:20:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=11832"},"modified":"2022-04-14T15:36:27","modified_gmt":"2022-04-14T20:36:27","slug":"dynamic-planning-and-rapid-repriortization-resilience-amid-disruption","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\/","title":{"rendered":"Dynamic Planning and Rapid Reprioritization: Resilience Amid Disruption"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13354\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption.jpg\" alt=\"Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption\" width=\"800\" height=\"450\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption.jpg 800w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption-300x169.jpg 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption-768x432.jpg 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption-750x422.jpg 750w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>Dynamic planning has taken on new depths of meaning recently as we react to unprecedented developments on a daily and even hourly basis. At Planview, we get it: You are being forced to make quick decisions that could have long-lasting consequences for your employees, customers, and shareholders. You must apply the agility and flexibility you\u2019ve cultivated as an organization to the most momentous of considerations, such as scaling back spending, shifting priorities, and realigning your workforce.<\/p>\n<p>This blog is the first in a series about how to better understand the short- and long-term impact of decisions and adapt as conditions change. Portfolio management provides the foundation from which to make these decisions based on data, not knee-jerk reactions or best guesses.<\/p>\n<p>To understand the potential domino effects of various options requires the right information and ability to model different scenarios. As your organization starts making these decisions, you\u2019ll need to continuously evaluate status and do rapid reprioritization. This is what <a title=\"\" href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/strategic-planning\/\" target=\"_blank\" rel=\"noopener noreferrer\">dynamic planning<\/a> is all about, providing the dexterity to quickly shift while still keeping resources aligned and mapped to your strategic goals at all times.<\/p>\n<p><a title=\"\" href=\"https:\/\/blog.planview.com\/work-management-for-the-virtual-workforce\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13355\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_virtual-workforce-800x200.jpg\" alt=\"planview virtual workforce\" width=\"800\" height=\"200\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_virtual-workforce-800x200.jpg 800w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_virtual-workforce-800x200-300x75.jpg 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_virtual-workforce-800x200-768x192.jpg 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_virtual-workforce-800x200-750x188.jpg 750w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.planview.com\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\/#Heres_a_look_at_how_organizations_are_showing_dexterity_in_todays_changing_environment_and_times_of_uncertainty\" >Here\u2019s a look at how organizations are showing dexterity in today\u2019s changing environment and times of uncertainty.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.planview.com\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\/#The_key_is_to_have_adaptive_portfolio_management_capabilities_in_place_that_facilitate_dynamic_planning_and_rapid_reprioritization\" >The key is to have adaptive portfolio management capabilities in place that facilitate dynamic planning and rapid reprioritization.<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Heres_a_look_at_how_organizations_are_showing_dexterity_in_todays_changing_environment_and_times_of_uncertainty\"><\/span>Here\u2019s a look at how organizations are showing dexterity in today\u2019s changing environment and times of uncertainty.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a title=\"\" href=\"https:\/\/fortune.com\/2020\/04\/01\/what-are-ceos-learning-from-the-covid-19-crisis\/\" target=\"_blank\" rel=\"noopener noreferrer\">Fortune CEO Alan Murray<\/a> met virtually (and confidentially) with 40 chief executives this week and was struck by their innovation during this crisis. For instance, novel digital methods of communicating and \u201cnurturing community\u201d are emerging from new dynamics such as large remote workforces. They are not seeking perfection but embracing the fail-fast mentality that creates even more innovation. As we make it through this difficult time, their advice is to approach recovery not as a \u201cgreat restart,\u201d but a \u201cgreat reset.\u201d<\/p>\n<p><a title=\"\" href=\"https:\/\/www.washingtonpost.com\/business\/2020\/03\/24\/ford-ge-3m-ventilators-coronavirus\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ford, 3M and GE<\/a> are partnering to manufacture medical supplies such as ventilators, face shields, and respirators. According to The Washington Post, these companies are \u201c\u2026repurposing existing parts and hundreds of workers in a wartime-like battle against the outbreak.\u201d While the respirators and ventilators may take longer to deliver, Ford \u201cpivoted quickly\u201d to produce 3D-printed face shields, delivering 1,000 to Detroit hospitals for testing just last week.<\/p>\n<p>A few weeks ago, Austin\u2019s <a title=\"\" href=\"https:\/\/www.titosvodka.com\/stories\/sending-love-and-goodness\/\" target=\"_blank\" rel=\"noopener noreferrer\">Tito\u2019s Handmade Vodka<\/a> was warning people not to use its vodka as hand sanitizer. Now, under the direction of founder Tito Beveridge (yes, correct name and spelling!), they are working feverishly to produce 24 tons over the next several weeks and more when needed.<\/p>\n<p><a title=\"\" href=\"https:\/\/www.roche.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Roche<\/a> and <a title=\"\" href=\"https:\/\/corporate.thermofisher.com\/en\/COVID-19.html\" target=\"_blank\" rel=\"noopener noreferrer\">Thermo Fisher Scientific<\/a> marshalled their respective emergency response teams to develop the first commercial tests for COVID-19. The FDA authorized these tests for \u201cEmergency Use\u201d in mid-March. Roche said that it\u2019s also \u201c\u2026actively involved in understanding the potential of our existing portfolio.\u201d Thermo Fisher has already shipped tests to about 200 labs across the country and plans to produce up to five million tests a week in April 2020.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_key_is_to_have_adaptive_portfolio_management_capabilities_in_place_that_facilitate_dynamic_planning_and_rapid_reprioritization\"><\/span>The key is to have adaptive portfolio management capabilities in place that facilitate dynamic planning and rapid reprioritization.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These shifts and actions underscore the complexities of adjusting vast resources and reconfiguring operations to survive and thrive long after a disruption passes. The key is to have adaptive portfolio management capabilities in place that facilitate dynamic planning and rapid reprioritization. To make these pivots, you must have accurate data and insights that tie into a bigger picture you can see and manage across portfolios.<\/p>\n<p>You must understand, among other factors:<\/p>\n<ul>\n<li>Projects that are currently underway and the status of each<\/li>\n<li>Projects that can be put on hold or cancelled based on financial and strategic impact<\/li>\n<li>Projects your people are currently working on<\/li>\n<li>The available skills and expertise across the globe to take on new types of work<\/li>\n<li>Where and how to shift employees to other projects<\/li>\n<\/ul>\n<p>Making the right decisions requires using scenarios to model the impact of potential changes, balance trade-offs, and visualize the reallocation of resources and funding. You must be able to plan, analyze, and prioritize investments in the context of your entire portfolio. Dynamic planning processes are integrated and continuous, enabling you to adjust and react to new information.<\/p>\n<p><a href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/strategic-planning\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13356 size-full\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_strategic-solution-800x200.jpg\" alt=\"Planview strategic planning solution\" width=\"800\" height=\"200\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_strategic-solution-800x200.jpg 800w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_strategic-solution-800x200-300x75.jpg 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_strategic-solution-800x200-768x192.jpg 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/planview_strategic-solution-800x200-750x188.jpg 750w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>Planview customers are using these capabilities in our portfolio and <a href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/work-management\/\">work management<\/a> solutions to reprioritize and align their now virtual teams to ensure on-strategy delivery. We remain committed to helping these customers on their transformation journeys to become more agile and make effective decisions in support of strategy. Many are highly sophisticated in their approach to dynamic planning and rapid reprioritization.<\/p>\n<p>For example, a major energy company is using Planview\u2019s what-if scenario planning to review all internal projects around the world and determine which to suspend for now and which to fast-track. This long-time customer has the data and analyses already in Planview to make these difficult decisions across their global portfolios quickly. They can factor in financial and resource constraints to rapidly reprioritize initiatives around the company strategy.<\/p>\n<p>A manufacturing customer is reprioritizing its $3 billion capital portfolio using Planview\u2019s investment planning capabilities. Given shifts in financials, resources, and risk, the company can balance its portfolio across growth, innovation, digital transformation, and keep-the-lights-on enterprise-wide initiatives. Also, one of our partners is helping an Asian transportation authority to effectively postpone a number of capital projects. Using critical information and analysis with Planview\u2019s solutions, they can safely move people and equipment around and optimize their budget.<\/p>\n<p>Learn more by reading the other blogs in this series:<\/p>\n<p>Part 2:\u00a0<a title=\"\" href=\"https:\/\/blog.planview.com\/dynamic-planning-refocus-reprioritize-and-reallocate-rapidly\/\"><strong>Dynamic Planning: Refocus, Reprioritize, and Reallocate Rapidly<\/strong><\/a><\/p>\n<p>Part 3: <a title=\"\" href=\"https:\/\/blog.planview.com\/rapid-reprioritization-delivering-on-strategy-in-the-midst-of-change\/\"><strong>Rapid Reprioritization: Delivering on Strategy in the Midst of Change<\/strong><\/a><\/p>\n<p>As you are weighing alternatives that you never thought possible just a few weeks ago, know that Planview is here help you make informed, data-backed recommendations. That\u2019s what we\u2019ll cover in our next blog post in this series.<\/p>\n<p>To get a head start on dynamic planning and rapid reprioritization of your program, project, and product portfolios, learn more about Planview\u2019s Strategic Planning solution here: <a title=\"\" href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/strategic-planning\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.planview.com\/products-solutions\/solutions\/strategic-planning\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dynamic planning has taken on new depths of meaning recently as we react to unprecedented developments on a daily and even hourly basis. At Planview, we get it: You are being forced to make quick decisions that could have long-lasting consequences for your employees, customers, and shareholders. You must apply the agility and flexibility you\u2019ve&#8230;<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[7549,477],"tags":[],"class_list":["post-11832","post","type-post","status-publish","format-standard","hentry","category-strategic-planning","category-vision-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dynamic Planning and Rapid Repriortization - Blog \/ Planview<\/title>\n<meta name=\"description\" content=\"Dynamic planning has taken on new depths of meaning recently as we react to unprecedented developments on a daily and even hourly basis. At Planview, we get it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dynamic Planning and Rapid Reprioritization: Resilience Amid Disruption\" \/>\n<meta property=\"og:description\" content=\"Dynamic planning has taken on new depths of meaning recently as we react to unprecedented developments on a daily and even hourly basis. At Planview, we get it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-06T15:20:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-14T20:36:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2020\/04\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption.jpg\" \/>\n<meta name=\"author\" content=\"Linda Roach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@lindaroach\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Linda Roach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/\"},\"author\":{\"name\":\"Linda Roach\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/40d082be679b8bcde1f82fa3f4cb4d85\"},\"headline\":\"Dynamic Planning and Rapid Reprioritization: Resilience Amid Disruption\",\"datePublished\":\"2020-04-06T15:20:00+00:00\",\"dateModified\":\"2022-04-14T20:36:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/\"},\"wordCount\":992,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption.jpg\",\"articleSection\":[\"Strategic Planning\",\"Vision and Trends\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/\",\"name\":\"Dynamic Planning and Rapid Repriortization - Blog \\\/ Planview\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/dynamic-planning-and-rapid-repriortization-resilience-amid-disruption\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/Dynamic-Planning-and-Rapid-Reprioritization-Resilience-Amid-Disruption.jpg\",\"datePublished\":\"2020-04-06T15:20:00+00:00\",\"dateModified\":\"2022-04-14T20:36:27+00:00\",\"description\":\"Dynamic planning has taken on new depths of meaning recently as we react to unprecedented developments on a daily and even hourly basis. 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