Optimizing Corporate Portfolio Management: Aligning Investment Proposals with Organizational Strategy / Edition 1

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $30.08
Usually ships in 1-2 business days
(Save 66%)
Other sellers (Hardcover)
  • All (14) from $30.08   
  • New (6) from $56.83   
  • Used (8) from $30.08   

Overview

Praise for
Optimizing Corporate Portfolio Management: Aligning Investment Proposals with Organizational Strategy

"Companies today spend more and more time micro-optimizing individual investments while broad portfolio trade-offs go neglected. Optimizing Corporate Portfolio Management attacks this intractable problem, providing solutions for companies interested in breaking down organizational barriers to unleash growth."
—Jeffrey Merrihue, CEO, Accenture Marketing Sciences

"Anand Sanwal has brilliantly articulated the essence of corporate portfolio optimization and skillfully spelled out the pitfalls and difficulties in achieving it. But his greatest achievement is in leading the charge to a rare state of conscious portfolio management competence on an enterprise-wide basis in a large, complex, and highly successful multinational organization, American Express. A must-read for CEOs and CFOs who truly want to create shareholder value on a sustained basis."
—Michael Menke, Chief Portfolio Advocate and Business Strategist, Hewlett-Packard

"Portfolio management is the 'holy grail' of resource allocation but very few companies have been able to reach it. Anand Sanwal has done a superb job of creating a practical, step-by-step guide for implementing portfolio management techniques in all resource allocation decisions, including operating expenses. Most compelling is the book's focus on changing managers' behavior, not just changing processes."
—Eisha Tierney Armstrong, Managing Director, CFO Executive Board

"What is more important to an organization than effective resource allocation? The trick is to remove the emotion and focus on what can be measured . . . not easy to do, but this book shows you how."
—Alan Gallo, Senior Vice President, Corporate Planning & Analysis, American Express Company

"Of the Seven Deadly Sins described by Anand Sanwal, my favorite for derailing corporate portfolio management is 'Decibel vs. Data-Driven Decision Making.' Those who avoid the sins and who adopt the many virtues Anand explains will realize far greater benefits from their IT and other corporate investments."
—Matt Light, Research Director, Gartner Inc.

"Insightful and to the point, Sanwal clearly highlights one of the greatest challenges facing large businesses in today's dynamic market environment. Any company that struggles with allocating investment resources now has a viable prescription for bringing order to the potential chaos of portfolio management."
—Satya Patel, Senior Product Manager, Google, Inc.

Read More Show Less

What People Are Saying

From the Publisher
"Optimizing Corporate Portfolio Management is a refreshing treatise of an age-old problem—how to allocate the resources across the firm.  It makes a very coherent argument for aligning the allocation decisions across financial, strategic and risk objectives.  The reader is guaranteed to be given a fresh look and a broader perspective on how to tackle this very challenging organization.  A must read at the top of the organization!!!"
—David J. Reibstein Professor of Marketing, The Wharton School-University of Pennsylvania

"Finally a book that delivers against an ambitious corporate portfolio management premise. A compelling solution backed by an unparalleled framework, pragmatic implementation steps and case studies. A must have for all organizational leaders trying to maximize the value of their corporate investments."
—San Retna Chair, Enterprise Portfolio Management Council Principal, TransformAction

"Pragmatic and full of real-life examples...a must-read for anyone involved with or practicing portfolio management."
—Piyush Sanghani Director, Portfolio Management, Trans Union LLC

"This book will be very helpful to any executive who wants to improve their organization's resource allocation processes and make smarter investment decisions. Sanwal writes with the perspective of someone who has been 'in the trenches' and provides clear guidance on the realities of implementing rigorous processes in the real world."
—Don N. Kleinmuntz, PhD Research Professor of Policy and Management, University of Southern California Executive Vice President and CFO, Strata Decision Technology, LLC

"Progressive thinking on a staid business problem. A well-thought, useful framework for corporate investment managers everywhere—the professed mountain is not insurmountable."
—Ronald D. Balzan Vice President - Business Analysis & Treasurer, AIG Consumer Finance Group, Inc.

"Allocating capital to new projects and opportunities has a greater effect on strategy than perhaps any other process in an organization. And still, it remains one of the least understood processes in management. Anand Sanwal's in-depth examination surfaces insights on how to link capital allocation to strategic planning. His book provides not only a detailed description of the complexities of the problem, but practitioner oriented advice for what to do about it."
—Clark Gilbert Former Harvard Business School Professor and Co-author of From Resource Allocation to Strategy

"Anand Sanwal's new book does a great job of developing and explaining new approaches to portfolio management. I especially value the emphasis on the need for good metrics to close the learning loop on portfolio decisions."
—Paul Farris Landmark Communications Professor of Business Administration, Darden School, University of Virginia

"Portfolio Management was one of the breakthroughs of modern finance and it's application to the Corporations activities shows much promise—however today it is much more art than science. Anand Sanwal's book is a significant contribution to turning CPM into a science."
—Martin Curley Senior Principal Engineer and Global Director IT Innovation and Research, Intel Corporation

"Optimizing Corporate Portfolio Management articulates a discipline and strategy that will significantly benefit large—and middle-market companies alike. Anand Sanwal avoids simplistic one size fits all approaches which have become commonplace in discussions of portfolio management to deliver keen, no-nonsense insights that will strengthen your organization."
—Rajesh Shah Executive Vice President, MS International, Inc.

"This is a must read for executives, managers, and staff; and beginners as well as seasoned practitioners of portfolio management. Portfolio management is not about IT. It is about the 'business-of-the-business;' organizational efficiency, effectiveness, and investment, resource and operational optimization and differentiation. Anand demonstrates a gifted talent to clearly and succinctly articulate why portfolio management is both so difficult and yet so simplistic. Read it, understand it, embrace the journey—the challenges, the opportunities, the value, the benefits."
—Dennis E. Wells,Information Services Policy and Planning Manager, Oregon Department of Human Services

"Regardless of a company's size, it is very critical to have a compass for investment decisions especially in uncertain business environments. With data driven corporate portfolio management, I am able to lead my company in the right direction in a more effective and efficient way."
—Toshi Sakuma CEO Sakuma International S.A.

"Thorough, to the point and extremely pragmatic, Anand Sanwal has provided an excellent case and strategy for moving away from currently anemic methods of corporate and strategic planning. He provides a clear framework to help organizations align investments with strategic, financial and risk objectives ultimately enabling them to realize the power of corporate portfolio management."
—Guhan Swaminathan Co-Founder and Managing Director Virgo Capital

"Corporate portfolio management does not have to be a mystery. And it certainly should become a practical guide to putting limited resources to work on the most strategically beneficial work. Anand's approach to enterprise portfolio management is direct, practical, and focused, and is based on proven practices that I have implemented in organizations of all sizes worldwide."
—Ernie Nielsen Managing Director-Enterprise Project Management and Masters' Professor of Project Management-Marriott School of Business, Brigham Young University

"This new book points the way to new methods for transforming your organization through better processes and optimizing portfolio management. Leading edge companies moving beyond budgeting can use it to learn how continuous planning can lead to higher returns."
—By Steve Player Program Director, Beyond Budgeting Round Table (BBRT), North America

Read More Show Less

Product Details

  • ISBN-13: 9780470126882
  • Publisher: Wiley
  • Publication date: 4/27/2007
  • Edition number: 1
  • Pages: 224
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.56 (d)

Meet the Author

Anand Sanwal is Vice President, Investment Optimization and Strategic Business Analysis, at American Express. Within this role, he is responsible for managing billions of dollars of per annum discretionary investment spent as part of American Express's CPM initiative, and also overseeing the CFO's strategy and analysis group. Sanwal holds a degree in finance and accounting from the Wharton School of Business and is a recognized thought leader on corporate portfolio management, speaking frequently to companies and research organizations including the CFO Executive Board, Beyond Budgeting Roundtable, Enterprise Portfolio Management Council, and Gartner, among others. He welcomes your feedback, insights, and comments and can be reached at asanwal@corporateportfoliomanagement.org

Read More Show Less

Table of Contents

Foreword.

Preface.

Acknowledgement.

Chapter 1. Overview of Corporate Portfolio Management.

Why Is CPM Important?

Framework for CPM Success.

What Should Be Considered an Investment?

Mismanaging Your Corporate Investment: The Seven (and a Half) Deadly Sins.

Chapter 2. Bringing CPM to Your Organization.

Four-Step Roadmap to CPM Success.

Are We There Yet?

Useful Frameworks and Tools: Optimizing Decision Making Within Your Corporate Portfolio.

Chapter 3. Applying CPM to Specific Areas within the Organization.

Information Technology.

Innovation/Research and Development.

Marketing/Advertising and Promotion.

Capital Budgeting/Capital Expenditure.

Sales Force.

Chapter 4. Case Studies.

American Express.

TransUnion.

Hewlett-Packard.

State of Oregon Department of Human Services.

Appendix: Useful Tools, Frameworks, and Practices to Enable CPM.

Personnel Survey: Understanding Current Company Practices and Attitudes Toward CPM.

HP’s Strategic Financial Analysis Curriculum Outline.

Information (Diagrams, Exhibits, and Text) for Building Your CPM Business Case.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing all of 3 Customer Reviews
  • Anonymous

    Posted June 1, 2007

    First rate pragmatic guide to portfolio management

    Absolutely the best book I've read on this topic. The author offers an in the trenches view of portfolio management that gets away from the platitudes and oversimplifications that most books on this subject and strategy overall are prone to. His focus on organizational behavior and the need to change this in order to be successful in optimizing resource allocation is both astute and refreshing. The checklists provided are immensely helpful as are the case studies. For those who realize the power of optimizing resource allocation to boost organic revenue growth, this is your book.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted December 7, 2008

    No text was provided for this review.

  • Anonymous

    Posted January 10, 2009

    No text was provided for this review.

Sort by: Showing all of 3 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)