01
Outcomes
What does success look like?
Resources concentrated on the strongest initiatives
Weak initiatives stopped early, with a recorded rationale
Consistent, comparable evaluation across all proposals
An auditable trail of every portfolio decision
Good governance is measured by the quality of its decisions, including the ones that stop things. The framework exists so resources concentrate on the initiatives with the strongest evidence, and so every yes and every no can be explained a year later.
02
Assets
What data do you need to gather?
Inputs
Reference
Outputs
Initiative proposals & business cases
Stage-gate deliverables & pilot evidence
Resource requests
Stage & gate definitions
Weighted scoring criteria
Portfolio strategy & investment envelopes
Gate decisions with rationale
A prioritized, funded portfolio
Reallocation & stop decisions
The framework’s core assets are its rules: the stage definitions, the scoring criteria, and the decision rights. Proposals and evidence flow through those rules and come out as funded initiatives or documented stops.
03
Allies
Who do you need to involve?
Team
Company
Ecosystem
Portfolio manager
Innovation program office
Governance committee members
Executive sponsor of the framework
Initiative owners
Finance partner
External advisors for contested calls
Governance has authority only if the right people sit inside it: a committee senior enough to move money, initiative owners honest enough to bring real evidence, and finance close enough that portfolio numbers and company numbers agree.
04
Process
How does the work flow?
Discovery
Evaluation
Implementation
1
Define stages & gates
Agree the stages an initiative passes through and the evidence each gate demands.
2
Set scoring criteria
Publish weighted criteria for value, feasibility, risk, and strategic fit.
3
Intake & classify
Register proposals and route each to the right track by size and risk.
4
Review at gates
Score initiatives at each gate on the published criteria, with a clear decision: advance, hold, or stop.
5
Allocate resources
Fund advancing initiatives from the portfolio envelope, explicitly and visibly.
6
Audit & refine
Review the framework itself on a fixed cadence: gate quality, cycle times, and decision outcomes.
The rhythm is fixed and public: initiatives know the stages, the criteria, and the calendar. Predictability is the feature; a framework that improvises is just a committee with a logo.