Nestle

The Innovative Idea in Portfolio Management Award

Portfolio Name

Nestlé Business Services – End to End Project Portfolio Management

Country

Switzerland

Organization Profile

Nestlé is the world’s largest food and beverage company. We have more than 2000 brands ranging from global icons to local favorites, and we are present in 189 countries around the world. Nestlé have been providing safe, quality nutrition for more than 150 years and has 413 factories in 85 countries.

Portfolio Details

It is a global portfolio in value of 500 million CHF investment annually. It represents traditional IS/IT programs and projects, as well as organizational transformations and process improvement projects.

Innovation Description

The portfolio management team used visual methods and tools that was the first of its kind, taking portfolio data and representing it in a physical way. It allowed participants to walk around Nestlé’s portfolio, pick up projects and programs and physically place them according to their strategic alignment. This made great positive outcomes across portfolio metrics and senior stakeholders’ engagement.