• hey have to determine where the organization is going, develop strategies for adapting to the changing world, and then implement these strategies effectively.In addition, organizations have to be able to reduce risks and be able to increase the return on investment compared with their competitors. But how? The answer is simple. As I previously stated, the answer lies with portfolio management. Portfolio management is a key integrator between the future and the present. The portfolio shows where the organization is going. The managers should focus on strategic goals. Portfolio management processes should be standardized and followed. Organizations need to look at the big picture. If an organization wants to benefit from portfolio management, a common understanding amongst senior management needs to be developed.Could you give me more detail about the connection between portfolio management and strategic management?

Before answering this question, I should explain what is meant by strategy. Johnson and Scoles stated the definition of strategy as follows: “strategy is the direction and scope of an organization over the long term”. Dr. Vladimir Kyint stated the definition of strategic management as “a system of finding, formulating and developing a doctrine that will ensure long term success if followed faithfully.”

• As I mentioned before, portfolio management is a key integrator between the present and the future. Portfolio components such as projects, programs and operations represent the present. Strategy is about the future. Strategic management enables us to realize the future.If someone is thinking about moving into portfolio management for their career, what advice would you give to them?
• Only two words. Think big. If someone wants to change his or her career path and wants to become a portfolio manager and to be a key integrator between the present and the future then first of all they need to develop a mindset which enables them to see the bigger picture.Enhance your skills with our expert-led courses
• Instructor-led

MSP Practitioner (with Foundation) course

• £1,899 +vat See all dates
• {title} {title}
• {title}Self-pacedManage consent

MSP Practitioner (with Foundation) self-paced onlineManage consent £1,399 +vat

Instructor-ledMSP Foundation course

• £1,299 +vat See all datesInfographicIpek Sahra Özgüler, a project portfolio manager in TAV IT PMO, has more than 13 years’ experience in various areas such as portfolio management, program management, project management, software management, business analysis. She has managed a wide-variety of projects across manufacturing, defence, FMCG (Cola Cola), telecommunication, audit (Deloitte), ICT and aviation sectors and has gained broader insights.
• Subscribe to our exclusive offers and promotions Subscribe now {"@context":"https://schema.org","@type":"ImageObject","contentUrl":"https://www.knowledgetrain.co.uk/training-courses/res/images/programme-management/portfolio-management-1031x580.png","description":"Portfolio management | Ipek Sahra Özgüler interview","license":"https://www.knowledgetrain.co.uk/license","acquireLicensePage":"https://www.knowledgetrain.co.uk/license","creditText":"Knowledge Train","uploadDate":"2023-05-18T05:48:30.000Z","copyrightNotice":"© 2023 Knowledge Train Limited. All rights reserved.","creator":{"@type":"Organization","name":"Knowledge Train","url":"https://www.knowledgetrain.co.uk"}} {"@context":"https://schema.org","@type":"ImageObject","contentUrl":"https://www.knowledgetrain.co.uk/training-courses/res/images/programme-management/portfolio-management-mindmap.v1.0.webp","description":"Portfolio management | Ipek Sahra Özgüler interview","license":"https://www.knowledgetrain.co.uk/license","acquireLicensePage":"https://www.knowledgetrain.co.uk/license","creditText":"Knowledge Train","uploadDate":"2023-05-18T05:48:30.000Z","copyrightNotice":"© 2023 Knowledge Train Limited. All rights reserved.","creator":{"@type":"Organization","name":"Knowledge Train","url":"https://www.knowledgetrain.co.uk"}}
• Related articles

• How MSP training and qualifications can help your career