{"id":4038,"date":"2016-12-13T08:00:00","date_gmt":"2016-12-13T14:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=4038"},"modified":"2022-03-23T15:40:04","modified_gmt":"2022-03-23T20:40:04","slug":"capabilities-must-be-strategic","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/","title":{"rendered":"Capabilities Must Be Strategic: Deliver Business Value with the Right Offerings"},"content":{"rendered":"<p>I am counting down the eight forces currently working against you as you attempt to transform your business and innovate. The good news is that each of these eight can be turned into assets with the right Work and Resource Management approaches and solutions. Last month I covered the first force: <a title=\"Outcomes = Products and Services You DeliverOutcomes Are Different: Deliver Products and Services That Matter\" href=\"https:\/\/blog.planview.com\/outcomes-are-different-deliver-products-and-services-that-matter\/\">Outcomes are different<\/a>.<\/p>\n<p>Today I will delve into number two: Capabilities must be strategic. This requires businesses to take a hard look at what products and services they are delivering today and what they must deliver tomorrow to stay on the cutting edge.<\/p>\n<ol>\n<li><a title=\"Blog: Outcomes Are Different: Deliver Products and Services That Matter\" href=\"https:\/\/blog.planview.com\/outcomes-are-different-deliver-products-and-services-that-matter\/\">Outcomes are different<\/a><\/li>\n<li><strong>CAPABILITIES MUST BE STRATEGIC<\/strong><\/li>\n<li><a title=\"Work methods are proliferating\" href=\"https:\/\/blog.planview.com\/work-methods-are-proliferating\/\">Work methods are proliferating<\/a><\/li>\n<li><a title=\"Unstructured work is exploding\" href=\"https:\/\/blog.planview.com\/unstructured-work-is-exploding\/\">Unstructured work is exploding<\/a><\/li>\n<li><a title=\"Blog: Plans are even more critical\" href=\"https:\/\/blog.planview.com\/plans-are-even-more-critical\/\">Plans are even more critical<\/a><\/li>\n<li><a title=\"Teams are virtual and global\" href=\"https:\/\/blog.planview.com\/teams-are-virtual-and-global-organizations-must-help-them-succeed\/\">Teams are virtual and global<\/a><\/li>\n<li><a title=\"Technology is everywhere\" href=\"https:\/\/blog.planview.com\/technology-is-everywhere-make-it-work-for-your-business\/\">Technology is everywhere<\/a><\/li>\n<li><a title=\"\" href=\"https:\/\/blog.planview.com\/resources-are-multiplying\/\">Resources are multiplying<\/a><\/li>\n<\/ol>\n<p>Why is it so important now for business capabilities to be strategic? For a short answer, capabilities are the set of competencies an organization requires to execute its business goals or fulfill its mission. In many ways they are the ultimate glue between strategy and execution\u2026here\u2019s my explanation during our recent <a title=\"Planview Horizons: The Planview Customer Conference\" href=\"https:\/\/www.planviewhorizons.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Horizons customer conference<\/a>:<\/p>\n<div class=\"video-thumbnail text-center\"><a title=\"Capabilities Must Be Strategic\" href=\"https:\/\/www.youtube.com\/watch?v=QpDw822pHJI&amp;rel=0\" target=\"_blank\" rel=\"noopener noreferrer\" data-video-id=\"QpDw822pHJI\"><img decoding=\"async\" class=\"img-responsive center-block\" src=\"https:\/\/img.youtube.com\/vi\/QpDw822pHJI\/maxresdefault.jpg\" alt=\"Video: Capabilities Must Be Strategic\" \/><\/a><\/div>\n<p>During this time of dynamic change and rapid business transformation, capabilities are critical to realizing an organization\u2019s strategy. <a title=\"IT expert Colin Scott\" href=\"https:\/\/www.planview.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IT expert Colin Scott<\/a>\u00a0advises organizations to constantly ask the following four questions related to business capabilities:<\/p>\n<ul>\n<li>Are we doing the right things?<\/li>\n<li>Are we doing them the right way?<\/li>\n<li>Are we getting them done well?<\/li>\n<li>Are we getting the right results?<\/li>\n<\/ul>\n<p><a href=\"https:\/\/media.planview.com\/wp-content\/uploads\/2016\/11\/work-resource-management-infographic.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4041 size-full\" title=\"Infographic: 8 Reasons Your Business Strategy Might Just Fail\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2016\/12\/wrm-infographic-2-capabilities.jpg\" alt=\"Infographic: 8 Reasons Your Business Strategy Might Just Fail\" width=\"636\" height=\"308\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2016\/12\/wrm-infographic-2-capabilities.jpg 636w, https:\/\/blog.planview.com\/wp-content\/uploads\/2016\/12\/wrm-infographic-2-capabilities-300x145.jpg 300w\" sizes=\"auto, (max-width: 636px) 100vw, 636px\" \/><\/a><\/p>\n<p>These questions cover everything from strategy to execution and involve everyone from business leaders to enterprise architects to IT to the PMO. The infographic offers up a solid example of shipping and fulfillment of a product as a business capability. Check out the complete infographic. Here\u2019s how these functional roles tackle the challenges of choosing and delivering the right strategic business capabilities.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 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\/capabilities-must-be-strategic\/#Business_Leaders_What_capabilities_do_we_need_to_deliver_business_value\" >Business Leaders: What capabilities do we need to deliver business value?<\/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\/capabilities-must-be-strategic\/#IT_What_technologies_do_we_need_to_best_implement_the_required_capabilities\" >IT: What technologies do we need to best implement the required capabilities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/#PPM_How_do_we_maximize_ROI_while_delivering_the_needed_capabilities\" >PPM: How do we maximize ROI while delivering the needed capabilities?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/#Planview_Solutions_for_Business_Capabilities\" >Planview Solutions for Business Capabilities<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Business_Leaders_What_capabilities_do_we_need_to_deliver_business_value\"><\/span><strong>Business Leaders: What capabilities do we need to deliver business value? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Company leadership must constantly assess how the business can keep delivering value to itself and its clients. According to Colin, doing this effectively requires working with enterprise architects to continuously examine where capability gaps are. They must understand where their capabilities are today to determine where they want them to be in the future. The answer may come from what competitors are doing or what customers need.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"IT_What_technologies_do_we_need_to_best_implement_the_required_capabilities\"><\/span><strong>IT: What technologies do we need to best implement the required capabilities?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Next, says Colin, business leaders need to communicate the capabilities needed to support the IT organization. It is IT\u2019s responsibility to determine which technologies must be added or enhanced to deliver the capabilities. This could be anything from improving the CRM system to building a new mobile app to updating backend systems.<\/p>\n<p>Execution requires much dialogue between business and IT, because it\u2019s rarely simple. For instance, legacy IT systems often require upgrading before new technologies can be built upon them. IT must be up front about what it will take to build or improve functionality.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"PPM_How_do_we_maximize_ROI_while_delivering_the_needed_capabilities\"><\/span><strong>PPM: How do we maximize ROI while delivering the needed capabilities?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PMOs and other PPM professionals are in a unique position to view capabilities in context with the entire portfolio. They understand the strategic capability implementations needed to deliver business performance and can focus on executing them in the most efficient way possible.<\/p>\n<p>Dovetailing with my previous post on \u201c<a href=\"https:\/\/blog.planview.com\/outcomes-are-different-deliver-products-and-services-that-matter\/\">outcomes are different<\/a>,\u201d Colin commented that by focusing on the delivery or improvement of capabilities rather than the completion of projects, organizations can assess capabilities based on four criteria: strategic value, technology fit, business practice maturity, and technology platform maturity. This helps provide a clearer picture of what capabilities should be enhanced or added as a matter of business priority.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Planview_Solutions_for_Business_Capabilities\"><\/span><strong>Planview Solutions for Business Capabilities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>From the Planview perspective, Troux allows organizations to evaluate existing business capabilities in the context of their overall goals and strategies. Using the Troux business capability model can show where capability gaps are. Troux drive business outcomes by connecting technology with business context. This enables IT leaders to advance business strategies and capabilities by making better decisions about application and technology portfolios.<\/p>\n<p>Our recently launched version \u2013 <a href=\"https:\/\/www.planview.com\/company\/newsroom\/122380-troux-13-strengthens-enterprise-architecture-solution-advances-portfolio-vision-of-connecting-ea-and-ppm\/\" target=\"_blank\" rel=\"noopener noreferrer\">Troux 13<\/a> \u2013 includes an advanced integration with Planview Enterprise, empowering enterprise architects and PMO leaders to create cohesive strategic, operational and technology plans.<\/p>\n<p>In my next post, I\u2019ll cover the next disruptive force: \u201cWork methodologies are proliferating.\u201d In the meantime, for more information on Work and Resource Management, visit the <a href=\"https:\/\/www.planview.com\/resource-center\/?resource_language%5b%5d=english\" target=\"_blank\" rel=\"noopener noreferrer\">Planview Resource Center<\/a> where you will find videos, whitepapers, and analyst research related to the subject.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am counting down the eight forces currently working against you as you attempt to transform your business and innovate. The good news is that each of these eight can be turned into assets with the right Work and Resource Management approaches and solutions. Last month I covered the first force: Outcomes are different. Today&#8230;<\/p>\n","protected":false},"author":17,"featured_media":4040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":3,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[477],"tags":[163,403,466],"class_list":["post-4038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vision-trends","tag-infographic","tag-video","tag-work-and-resource-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Work and Resource Management Approaches - Blog | Planview<\/title>\n<meta name=\"description\" content=\"Learn about forces working against you as you innovate and how each can be turned into assets with the right Work and Resource Management approaches.\" \/>\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\/capabilities-must-be-strategic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capabilities Must Be Strategic: Deliver Business Value with the Right Offerings\" \/>\n<meta property=\"og:description\" content=\"Learn about forces working against you as you innovate and how each can be turned into assets with the right Work and Resource Management approaches.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/\" \/>\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=\"2016-12-13T14:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-23T20:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2016\/12\/wrm-infographic-2-capabilities-blog-750x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Patrick Tickle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ptickle\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Tickle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/\"},\"author\":{\"name\":\"Patrick Tickle\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/1d4bc9236a3a571f6477374b6fd7ded3\"},\"headline\":\"Capabilities Must Be Strategic: Deliver Business Value with the Right Offerings\",\"datePublished\":\"2016-12-13T14:00:00+00:00\",\"dateModified\":\"2022-03-23T20:40:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/\"},\"wordCount\":759,\"commentCount\":6,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.planview.com\/wp-content\/uploads\/2016\/12\/wrm-infographic-2-capabilities-blog-750x400.jpg\",\"keywords\":[\"Infographic\",\"Video\",\"Work and Resource Management\"],\"articleSection\":[\"Vision and Trends\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/\",\"url\":\"https:\/\/blog.planview.com\/capabilities-must-be-strategic\/\",\"name\":\"Work and Resource Management Approaches - 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