Principles Principle: Optimize the whole. Application in LPM: Fund and manage Value Streams, not siloed projects. Result: End-to-end flow of value. Principle: Understand cause and effect. Application in LPM: Use metrics to see how policy changes affect outcome. Result: Better, evidence-based improvement. Principle: Recognize feedback loops. Application in LPM: Use PI reviews and portfolio Kanban…

When they saw the star, they were overjoyed. Matthew 2:10

What is the relationship between Mental Models and LPM? Mental Models equip LPM leaders with enhanced tools for thinking, improving the quality of strategy, prioritization, and funding decisions. By promoting Systems Thinking and value-focused approaches, they help minimize bias and support the essential principles of Lean Thinking. With Mental Models, LPM leaders, when thinking about…

5 Mental Models There are 5 Mental Models used in LPM (Lean Portfolio Management) … that you can also apply in life and any other aspects of your work (i.e., ART-level work or Team-level work): Mental Model #3: Strategy Before Execution. Old Mental Model: “Fund everything a little.” New Mental Model: “Fund the few strategic…

There is a strong connection between Mental Models and Lean Portfolio Management (LPM). Mental Models and Lean Portfolio Management: Steve Jobs’ Strategic Reset When Steve Jobs returned to Apple in 1997, he was confronted with a sprawling, incoherent product lineup. To cut through the noise, he posed a deceptively simple question to his leadership team:…