Practices of strategic alignment in and across innovation project portfolios

Miia Martinsuo, Roosa Anttila

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Abstract

Strategic alignment of project portfolios concerns the match between projects in the portfolio and the organization’s strategy. It is often considered either as a selection criterion, when creating the project portfolio, or as a performance indicator, when assessing the project portfolio success. Organizations are increasingly interested to achieve optimal strategic alignment while at the same time remaining sensitive and responsive to changes in the operating environment. The problem guiding this study is the need to understand how strategic alignment occurs in practice in the work of project portfolio managers, in the context of multiple project portfolios. We explore large firms’ practices of strategic alignment and cross-portfolio interplay in the innovation project portfolios of three industrial firms. The findings reveal social, mechanistic, and structural practices of portfolio’s strategic alignment and sharing, synergy creation, and boundary spanning practices in cross-portfolio interplay. Strategic alignment is reported as a dynamic, continuous activity in the work of managers and personnel, with versatile practices that drive both efficiency and renewal.
Original languageEnglish
Title of host publicationEURAM 2022 Conference
Subtitle of host publicationLeading Digital Transformation
PublisherEuropean Academy of Management, EURAM
Number of pages19
ISBN (Electronic)978-2-9602195-4-8
Publication statusPublished - Jun 2022
Publication typeA4 Article in conference proceedings
EventEURAM European Academy of Management Conference: Leading Digital Transformation - Zhaw School of Management and Law, Winterthur, Switzerland
Duration: 15 Jun 202217 Jun 2022
https://conferences.euram.academy/2022conference/

Publication series

NameEURAM conference
PublisherEuropean Academy of Management
ISSN (Electronic)2466-7498

Conference

ConferenceEURAM European Academy of Management Conference
Abbreviated titleEURAM 2022
Country/TerritorySwitzerland
CityWinterthur
Period15/06/2217/06/22
Internet address

Publication forum classification

  • Publication forum level 0

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