{"id":11140,"date":"2019-10-10T14:37:00","date_gmt":"2019-10-10T19:37:00","guid":{"rendered":"https:\/\/blog.planview.com\/?p=11140"},"modified":"2023-05-16T10:14:06","modified_gmt":"2023-05-16T15:14:06","slug":"lean-portfolio-management-for-a-successful-agile-transformation","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/lean-portfolio-management-for-a-successful-agile-transformation\/","title":{"rendered":"Lean Portfolio Management for a Successful Agile Transformation"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11173\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/10\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management.png\" alt=\"Undergo an Agile Transformation with Lean Portfolio Management\" width=\"827\" height=\"465\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/10\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management.png 800w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/10\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management-300x169.png 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/10\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management-768x432.png 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/10\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management-750x422.png 750w\" sizes=\"auto, (max-width: 827px) 100vw, 827px\" \/><\/p>\n<p>As I sat in the airport last week, I saw people running to catch their flights, others meandering with time to kill, and a few others waiting patiently in line to rebook a missed or cancelled flight. Sometimes travel is very predictable while other times it\u2019s fraught with delays, the unknown, and frustrations. As I reflect on the 2019 Global SAFe\u00ae Summit, I still have the feeling of a wearied traveler; not just because I was on my feet for two full days, but because I engaged with many people over the course of the conference who are running, meandering, and waiting patiently as their organizations undergo an Agile transformation.<\/p>\n<p>Similar to airline travel, the conference itself was at times predictable and other times not so much. Scaled Agile, Inc. (SAI) provided attendees the opportunity to take a few days away from their day-to-day to learn, talk to others, and re-energize. I talked with some folks whose Agile transformation is currently running pretty smoothly, and others who hit delay upon delay upon delay. The great thing is that over the last several years, I\u2019ve seen more and more organizations embark upon this journey. We\u2019ve learned a lot from them and continue to learn as other organizations decide they need to shift and transform in order to survive in today\u2019s economy.<\/p>\n<p><a href=\"https:\/\/info.planview.com\/lpm-pmo-_whitepaper_lad_en_reg.html?_ga=2.135999153.142766413.1570632544-671993521.1537802215\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-11093 size-full\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/09\/lean-portfolio-PMO-750x200-BLOG.jpg\" alt=\"Lean Portfolio Management for the PMO\" width=\"750\" height=\"200\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/09\/lean-portfolio-PMO-750x200-BLOG.jpg 750w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/09\/lean-portfolio-PMO-750x200-BLOG-300x80.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/a><\/p>\n<p>One big thing we\u2019ve learned is that organizations must have leadership on board to <a title=\"\" href=\"https:\/\/info.planview.com\/lean-agile-culture-shift-_ebook_lad_en_reg.html\" target=\"_blank\" rel=\"noopener noreferrer\">fully transform AND support a mindset\/culture shif<\/a>t. There\u2019s a lot of research out there supporting this notion, but I cannot emphasize it enough. From the customer sessions I listened to, the organizations that are seeing success in their overall transformation are those that embrace servant leadership from the top down and bottom up, along with changing the way they incentivize their employees.<\/p>\n<p>Having a <a title=\"\" href=\"https:\/\/info.planview.com\/5-lean-agile-culture-shifts-_ebook_lad_en_reg.html\" target=\"_blank\" rel=\"noopener noreferrer\">Lean-Agile mindset<\/a> isn\u2019t simply saying, \u201cI support the organization\u2019s shift to Lean-Agile.\u201d It\u2019s way more than that. It\u2019s shifting the way you think about the end goal in your organization\u2014no longer focusing so much on making money but instead on delighting the customer. If your organization can do this well, then the profits will come with happier customers who stay with you and buy more. But, the first step is shifting from overseeing work to enabling people to do their best work. This is why you hire Lean-Agile leaders, or servant leaders, and move those who are not servant leaders (or who simply will never be servant leaders) to different roles or allow them to seek a new adventure elsewhere.<\/p>\n<p>With a focus on customers and servant leadership, organizations have the beginnings of what is needed to evolve, to shift, and to embrace the continuous improvement needed to truly transform. This isn\u2019t an easy change. But you\u2019ll have more success if you start to build, test, and learn as you go. The knowledge comes from allowing your Agile teams and teams of teams to release iteratively, gain feedback from customers and the market, and implement their learnings for better products and services.<\/p>\n<p>For organizations that are already down the path of an Agile transformation, I heard about more tactical challenges. I heard a lot of organizations getting stuck at the team of teams (ART) level\u2014hitting a delay in how they are able to scale Agile. After all the effort to organize into ARTs and teams of teams, enterprises continue to face alignment issues. People admit to delivering faster, but as they scale Agile, organizations are struggling to understand how their stories, features, or epics will result in the outcomes they need to achieve business goals, which means they\u2019re working to work, not working to deliver value against the corporate goals and objectives. Because this is where people are struggling\u2014it resulted in <a href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/enterprise-agile-planning\/lean-portfolio-management\/\">Lean Portfolio Management<\/a> (LPM) presentations about LPM as the answer to solving alignment rather than what LPM actually does for an organization.<\/p>\n<p>Lean Portfolio Management is the <strong><em>enabler for alignment<\/em><\/strong>. LPM isn\u2019t going to magically solve your alignment issue; instead, LPM enables Lean governance, Lean budgeting and continuous planning. This layer threads the corporate strategic objectives and goals through to the Agile delivery engine you\u2019ve created. This layer of management must be just as nimble and iterative as your Agile teams.<\/p>\n<p><a href=\"https:\/\/info.planview.com\/lpm-enterprise-_whitepaper_lad_en_reg.html?_ga=2.135999153.142766413.1570632544-671993521.1537802215\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10758 size-full\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/06\/lean-portfolio-enterprise-750x200-BLOG-1.jpg\" alt=\"lean-portfolio-enterprise\" width=\"750\" height=\"200\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/06\/lean-portfolio-enterprise-750x200-BLOG-1.jpg 750w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/06\/lean-portfolio-enterprise-750x200-BLOG-1-300x80.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/a><\/p>\n<p>Where the two main points I am making come together is how leadership helps to align and enable Lean Portfolio Management to create change within the organization. Leadership\u2019s role in the transformation is to define those strategic objectives and goals. They define the destination and the strategic results needed, so they can fund the travel to get there, <strong>fast<\/strong>. It\u2019s up to the LPM layer in your organization to take the information leadership provides and help the value streams deliver against those objectives and goals set forth.<\/p>\n<p>This message is what was missing from the LPM sessions I attended at the SAFe Summit. I\u2019m hoping over the next year, the importance that leadership plays starts to bubble up more, as it\u2019s truly the difference between an organization\u2019s Agile transformation having success or hitting delay after delay after delay.<\/p>\n<p>Find your ticket to successful implementation of LPM with these two eBooks: <a title=\"\" href=\"https:\/\/info.planview.com\/lpm-enterprise-_whitepaper_lad_en_reg.html?_ga=2.67960470.601584517.1570458022-608143409.1555516187\" target=\"_blank\" rel=\"noopener noreferrer\">Lean Portfolio Management for the Enterprise<\/a> and <a title=\"\" href=\"https:\/\/info.planview.com\/lpm-pmo-_whitepaper_lad_en_reg.html\" target=\"_blank\" rel=\"noopener noreferrer\">Lean Portfolio Management for the PMO<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As I sat in the airport last week, I saw people running to catch their flights, others meandering with time to kill, and a few others waiting patiently in line to rebook a missed or cancelled flight. Sometimes travel is very predictable while other times it\u2019s fraught with delays, the unknown, and frustrations. As I&#8230;<\/p>\n","protected":false},"author":53,"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":3,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[521,7548,9546],"tags":[],"class_list":["post-11140","post","type-post","status-publish","format-standard","hentry","category-lean-agile","category-lean-portfolio-management","category-transformation"],"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>Agile Transformation with Lean Portfolio Managment - Blog | Planview<\/title>\n<meta name=\"description\" content=\"I engaged with many people over the course of the 2019 SAFe Summit who are in some phase of undergoing an Agile transformation.\" \/>\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\/lean-portfolio-management-for-a-successful-agile-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lean Portfolio Management for a Successful Agile Transformation\" \/>\n<meta property=\"og:description\" content=\"I engaged with many people over the course of the 2019 SAFe Summit who are in some phase of undergoing an Agile transformation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/lean-portfolio-management-for-a-successful-agile-transformation\/\" \/>\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=\"2019-10-10T19:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-16T15:14:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/10\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management.png\" \/>\n<meta name=\"author\" content=\"Carina Hatfield\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carina Hatfield\" \/>\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\\\/lean-portfolio-management-for-a-successful-agile-transformation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/lean-portfolio-management-for-a-successful-agile-transformation\\\/\"},\"author\":{\"name\":\"Carina Hatfield\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/6e0377b10e52b34a49ee40a12bbc3683\"},\"headline\":\"Lean Portfolio Management for a Successful Agile Transformation\",\"datePublished\":\"2019-10-10T19:37:00+00:00\",\"dateModified\":\"2023-05-16T15:14:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/lean-portfolio-management-for-a-successful-agile-transformation\\\/\"},\"wordCount\":894,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/lean-portfolio-management-for-a-successful-agile-transformation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/Undergo-an-Agile-Transformation-with-Lean-Portfolio-Management.png\",\"articleSection\":[\"Enterprise Agile Planning\",\"Lean Portfolio Management\",\"Transformation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/lean-portfolio-management-for-a-successful-agile-transformation\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/lean-portfolio-management-for-a-successful-agile-transformation\\\/\",\"name\":\"Agile Transformation with Lean Portfolio Managment - 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