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Rebalance your work portfolio towards business goals

Rebalance towards strategic goals using Flight Levels

Why rebalance your work portfolio?

When your strategy is crystal clear but you’re not convinced the work matches your ambitions, rebalancing your work portfolio injects focus and snaps execution back in line with your goals.

To achieve your personal financial goals it is important to rebalance your investments if they have deviated away from your target asset allocation.

This financial practice can be applied to your work portfolio. What is your companies mix of work tied to strategy compared to running your day-to-day business for example? Has it deviated away from your expectations? This article contains four steps to help you think through and identify potential gaps between in-process work and strategy, and how to rebalance towards your goals.

How to rebalance your work portfolio

To ensure your area and/or company is focused on the right strategic goals at the right time:

  1. Identify coordination work In-Process (Flight Level 2)

  2. Visualize Strategy and Priority, then connect to the work (Flight Level 3)

  3. Perform a gap analysis between In-Process work and Strategy. If you are not satisfied, update your Start Policy with Stop Starting, Start Finishing

  4. Rebalance your work portfolio towards strategy

    • You may have to create new strategic efforts while finishing what you have started

    • Start strategic efforts when capacity is available

The below animation visualizes the 4 steps above.

Flight Levels is an innovative approach to visualize the gap between strategy and the work being executed on.

Rebalancing your work portfolio works best on a Flight Level 2 (FL2) system connected to a Flight Level 3 (FL3) system. This enables you to baseline, measure and trend your work portfolio mix. For example, determine the percentage of coordination work connected to strategy, and trend this over time.

Flight Level 1 teams can use the same 4 steps above by replacing "strategy" with "Flight Level 2".

How often should you rebalance

  • Based on calendar events

    • Review measures in an existing meeting cadence and rebalance accordingly

  • After a strategy refresh occurs

    • Rebalance work portfolio towards the updated Flight Level 3

  • Based on thresholds

    • When the percentage of work connected to strategy deviates outside of thresholds

      • e.g., teams might be delivering nonstop (high throughput) and are happy, yet senior leaders still feel uneasy—because the work isn’t actually advancing the strategy

    • Growth areas may have a higher percentage of work connected to strategy

    • Sustain areas may have a lower percentage of work connected to strategy

  • Hybrid

    • Based on calendar events and thresholds

When is the last time you rebalanced your work portfolio?

To learn more about Flight Levels:

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