Organisational Capability, Resilience and the Principles of Portfolio Management: An Overview
Abstract
This paper examines the traditional and contemporary views of organisational capability and resilience by comparing it with the approaches undertaken in project portfolio management. The definition and application of project portfolio management principles are reviewed and compared with managerial decision-making including decisions of strategy or those that impact organisational resilience. The paper proposes that organisational capability and resilience can be enhanced by applying concepts from the management of project portfolios and it presents concepts that can be further researched to develop a holistic strategy model for organisations.
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