In this blog we have included a paper issued by the PMI as part of their Pulse of the Profession series.
This report is the result of a global survey into the status of PMO (Portfolio Offices) maturity, and it has identified that many have a number of fundamental weaknesses.
This is complimenting Aspire Europe research and results from 4 years of P3M3 maturity assessments, which is showing most organisations being at a surprisingly low level of maturity.
It was the weakness of the majority of organisations frameworks that led to Aspire Europe developing the Align Framework to provide an off the shelf product to address the management framework challenges that most organisations are suffering from, for more information on the Aspire Europe Align Framework please visit http://www.alignframework.com/
Aspire Europe went spinning crazy on Saturday to fund raise for the British Heart Foundation.
The spinathon saw more than 50 people brave thunderstorms by taking part and cycling for 20 minutes. Tom Ford from the Aspire Europe team spent the full 3 hours spinning in preparation for a 100 mile charity cycle in August. We also held a spin class and passers-by joined in the action for a small donation.
Tom Ford, organising for Aspire Europe, said “As part of my fundraising for the Prudential Ride London – Surrey 100 taking place on Sunday 10th August, I had to think about a way to fund raise and train at the same time! A spinathon seemed like the perfect solution to get lots of people involved and raise money at the same time.”
Home-made cakes were also on sale to help the participants refuel! We raised a total of £400 in 3 hours so many thanks to all that came along, took part or supported in some way.
If you’d like to sponsor Tom for his 100 mile cycle in 2 weeks, please visit www.justgiving.com/tomford14
One of the main customers of Aspire Europe in 2013 was CURO Group Ltd, the Bath based housing organisation.
They were customers for our Align Framework, the programme and project management portal www.alignframework.com, and we also supported them in setting up their PMO and training their managers.
One of the main reasons we voted them our “Customer of the Year 2013” was because of their complete belief in their vision, continual levels of innovation and determination to see a job through.
This is a news article from the BBC outlining their concept to improve transport links to their new development on the old MoD site at Fox Hill. It sums them up as an organisation.
9.30 till 1pm – we have Team Animation asking the question:
“Are you leading a VUCA project?”. For those who know what VUCA is, those who may think they do and for those who are intrigued – VUCA is an acronym for Volatile, Uncertain, Complex, Ambiguous. Some possibly think it is only programmes that should be like this so come along and discuss.
Team Animation are thought leaders in the development of programme and project leadership and are happy to talk through their lessons and potential solutions. Aspire Europe and Team Animation are partners with a number of high profile clients.
2pm till 4.30pm – the Align and Verto integrated framework
We have our strategic partners from TMI systems, and the developers of VERTO, on the stand talking about collaboration with Aspire Europe and the development of the integrated Align and Verto framework. Simon Hall will be there from TMI and Tom Ford from Aspire Europe to talk about the South West NHS implementation of the programme and project framework based on Align and Verto.
3.15pm – P3M3 version 3 seminar in the main auditorium
Rod Sowden will be speaking at the main auditorium about new version of the Axelos product P3M3 which has been developed jointly by Aspire and Outperform. Rod will be around all afternoon to discuss P3M3 V3, the new P3M3 model with any potential users.
Aspire Europe has been growing and expanding since our “last stand” in 2010, so a few things you might like to find out about:
Programme and project frameworks
Frameworks have become big in our world, we have created a unique product called the Align Framework, which integrates the best of all the bodies of knowledge into a fully configured management framework built onto a portal, if you would like to have an early look at the product you can find it at the following site: www.alignframework.com
Training and education
We have been growing and extending our products. We have more 1 day modular courses and we have now migrated most of our courses into an interactive e-learning format. So you can chose face to face, e-learning, vodcasts and podcasts, or a blended approach. You can find more information from our dedicated Aspire Academy website: www.aspireacademy.tv
Maturity and performance modelling
Our prominence in the P3M3 world has been growing for the last 6 years, in collaboration with our partners at Outperform. Betweeen us, we have delivered over 200 P3M3 assessments and are by far the biggest supplier in the world, we have created our own benchmarking database with results from over 350 assessments, including ours and other partners.
Together, Aspire and Outperform have just completed the development of P3M3 V3, being released in 2014, so if you are interested in an informal discussion or a formal quote, drop by the stand (109/111) or one of the presentations at the main hall on Wednesday and Thursday
Aspire Europe have taken a stand at Project Challenge (111 and 109) and we are looking forward to catching up with you at the event.
Rod Sowden will be delivering 2 sessions in the main arena introducing the new version of P3M3 on behalf of Axelos and will be available on our stand for questions.
We will be having guests on our stand at different points over the 2 days to maintain interest and variety, we will be announcing who and when over the coming days.
We look forward to seeing you there
In this blog we have included an excellent report by the Boston Consulting Group into how a Portfolio Office (PMO) provides value in supporting strategic investment decision making.
It highlights that the only things that are predictable are in increasing rate of change and greater uncertainty.
Interesting conclusion that the perception of weak leadership is often more about failure to engage with the change and lack of information than actual weak leadership.
The report highlights that the successful Portfolio Offices (PMOs) deliver agility and value by:
- Focusing on critical initiatives
- Implement smart and simple processes
- Foster talent and capability
- Encourage a culture of change
The Aspire Europe Align Framework, our portfolio management framework, addresses all 4 of these points with carefully refined process model that is interweaved with a common change lifecycle for all change initiative.
The governance model is supported with guidance customised for individual roles that enable individuals to realise their potential.
For more information on the Align Framework check out http://www.alignframework.com