Briefing: Information Management Best Practices: Vendor Portfolio Management – Rationalizing Content For The Enterprise

Increasingly, large corporations and governmental agencies are moving to strategic vendor portfolio management, replacing reactive, ad hoc, one-on-one vendor negotiations with enterprise-wide content strategies. This Briefing examines state-of-the-practice results from our recently completed vendor portfolio management benchmark study and provides best in class process recommendations. A key driver of the trend is the increasing push in many organizations to replace print information with electronic products and to deploy content throughout the enterprise so that the maximum number of users can access it. The Briefing provides key benchmarks on portfolio management practices and outlines a nine-step process that's supported by best practices from buyers in the pharmaceutical, high-technology, and manufacturing sectors. It offers practical steps for formalizing portfolio management processes, and advice on building a team, finding executive sponsorship, and taking a more strategic approach.