Portfolio Management: A New Direction in Public Sector Strategic Management Research and Practice

نویسندگان

چکیده

Portfolio management is widely used by large government agencies and nonprofits, but it rarely discussed in public administration scholarship. tools can illuminate groups of projects that should be considered as priority investments highlighting the relationship risk to outcomes. This article explores historical theoretical reasons for neglect portfolio management, then proposes using update a classic strategic framework guide organizational choices administration. Though ideas originated private sector, sector differs from its counterpart trading off with value or mission outcomes rather than financial tool incorporate investment decisions. It holds promise adding an intermediate-level implementation develop theories value. The paper concludes hypotheses future investigation.

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ژورنال

عنوان ژورنال: Public Administration Review

سال: 2023

ISSN: ['1540-6210', '0033-3352']

DOI: https://doi.org/10.1111/puar.13633