IT Management Slideshow: CIO Guidebook for Taming Change

By Dennis McCafferty  |  Posted 07-23-2010
Print this article   Print this article
Previous
CIO Guidebook for Taming Change
Next

CIO Guidebook for Taming Change

Change is nothing newIn 1942, Harvard economist Joseph Schumpeter introduced the theory of "creative destruction," defining change as a natural consequence of our economic system.
The spectre of change can spread uncertainty and fear within an organization, resulting in knee-jerk reactions, ill-conceived strategies and/or a lack of unified corporate response. Organizations that welcome change as a constant, lasting part of business are best positioned to survive and succeed, according to Pat Durbin and Terry Doerscher, co-authors of the new book, "Taming Change with Portfolio Management: Unify Your Organization, Sharpen Your Strategy, and Create Measurable Value" (Greenleaf Book Group/now available). Do not let the title fool you: "Portfolio" here does not refer to your personal investment assets. It refers to the "portfolio" of valued assets within a company: finances, inventory, equipment, and people. Durbin and Doerscher contend that organizations need to constantly evaluate these assets within the context of anticipating and successfully navigating change. Durbin is CEO and co-founder of Planview Inc., which provides software, training and consultation for these portfolio-management solutions, working with companies such as Deutsche Bank, Citigroup and Farmer's Insurance. Doerscher is Chief Process Architect for Planview. He is an 18-year veteran of the commercial nuclear industry, having held a number of engineering, project-management and planning positions.
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.
 
 

 

Submit a Comment

Loading Comments...
 
 
 
 
 
 
 
Thanks for your registration, follow us on our social networks to keep up-to-date