Aligning your Portfolio with Innovation Strategy Dr. Michael Menke is President of Value Creation Associates. Michael presented at San Diego's PPM Best Practices Tour in May 2018. Download Portfolio management is a (business) process to evaluate and select the best mix of investment projects to achieve your strategic goals. Therefore, portfolio management is a key tool to execute strategy. Excellent portfolio management balances three overarching objectives: strategic alignment, maximum return and strategic balance. Strategic alignment requires understanding gaps and challenges in your strategy and what investments are required to address them. Maximum return requires testing the financial viability of these investment projects and whether together they deliver the strategic objectives. Strategic balance assures that these investment projects taken together are reasonable in terms of risk, timing of results and support of existing businesses. This presentation will expand on this and show some of the main tools to be successful. Read more about Michael Menke here.