It’s Not Always Visible To The Naked Eye: Using Next-Generation Portfolio Management To Translate Data To Information

I’ve lived in my house for a long time and it’s time for a refresh. Over the last several months, I planned what needed significant investment and what only needed a cosmetic update. A couple of things were evident: new windows, for one. I was confident that the rest could be handled with some spackle and a new coat of paint, especially a pesky crack in the ceiling in my kitchen. Easy repair. It looked good, but shortly the crack appeared again. Maybe it was the spackle, or maybe I painted too soon. So, I bought different spackle and a nifty new spatula to try it again. A couple of weeks later, the same crack reappeared. In the meantime, I called my contractor and asked him to give me an estimate for new windows. He did and told me I could fix them for far less than I’d budgeted. I was thrilled. On his way out, I asked him about the crack in the ceiling. After poking it, he immediately went up to the bathroom that sat over the kitchen. When he returned, he held an old elbow pipe that had corroded. Climbing back up, he pushed a little harder on the crack and a small but steady stream of water flowed out. What I thought was a quick and easy fix turned into a significant repair. I lacked visibility into the real problem and it cost me more in the long run. We see this in organizations every day. They plan strategically, but execute in a “get it done” manner that may cost them a lot more than the value it brings.

Companies Need New Insight Into An Old Problem

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