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Title: :  Innovative and Management Practices on Finance
PaperId: :  C-1129
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 1 Issue 1 2016
DUI:    16.0415/IJARIIE-C-1129
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Auther NameAuther Institute
S.SubhaAssistant Professor, Department of Commerce, Sri Krishna Arts and Science College, Coimbatore
Jesu Prasad Department of Commerce, Sri Krishna Arts and Science College, Coimbatore
P.Gokila Priya Department of Commerce, Sri Krishna Arts and Science College, Coimbatore

Abstract

Financial Management
Project portfolio management, innovation, financial industry
Project Portfolio Management is a tool for effective resource allocation, for the Selection of those projects with the highest potential to become tomorrow’s new Product and service winners. The accurate implementation of project portfolio Methodology is ultimately linked to sound innovation management practices. This aims to research a financial firm, ADITYA BIRLA FINANCE, to uncover its project portfolio management practices and their role in fostering innovation. This study set out to define how project portfolio management methodology at the organization ultimately contributes to innovation, and to highlight some of the difficulties and challenges in picking the right projects. Thus, the focus of this paper is to understand how project portfolio management aids ADITYA BIRLA FINANCE in making strategic choices that will ultimately lead to innovation. A total of 11 semi structured interviews were conducted with managers at the institution in order to assess the project portfolio management practices and their focus on innovation. The results indicate an organizational shift from a lack of formal project selection to the implementation of a sound project portfolio methodology that aims at selecting those projects aligned with business strategy. The results also indicated that innovation has a significant role in the process, by functioning as criteria in the recently defined explicit method for portfolio management.

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IJARIIE S.Subha, Jesu Prasad , and P.Gokila Priya . "Innovative and Management Practices on Finance" International Journal Of Advance Research And Innovative Ideas In Education Volume 1 Issue 1 2016 Page 100-103
MLA S.Subha, Jesu Prasad , and P.Gokila Priya . "Innovative and Management Practices on Finance." International Journal Of Advance Research And Innovative Ideas In Education 1.1(2016) : 100-103.
APA S.Subha, Jesu Prasad , & P.Gokila Priya . (2016). Innovative and Management Practices on Finance. International Journal Of Advance Research And Innovative Ideas In Education, 1(1), 100-103.
Chicago S.Subha, Jesu Prasad , and P.Gokila Priya . "Innovative and Management Practices on Finance." International Journal Of Advance Research And Innovative Ideas In Education 1, no. 1 (2016) : 100-103.
Oxford S.Subha, Jesu Prasad , and P.Gokila Priya . 'Innovative and Management Practices on Finance', International Journal Of Advance Research And Innovative Ideas In Education, vol. 1, no. 1, 2016, p. 100-103. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/Innovative_and_Management_Practices_on_Finance_C_1129.pdf (Accessed : ).
Harvard S.Subha, Jesu Prasad , and P.Gokila Priya . (2016) 'Innovative and Management Practices on Finance', International Journal Of Advance Research And Innovative Ideas In Education, 1(1), pp. 100-103IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/Innovative_and_Management_Practices_on_Finance_C_1129.pdf (Accessed : )
IEEE S.Subha, Jesu Prasad , and P.Gokila Priya , "Innovative and Management Practices on Finance," International Journal Of Advance Research And Innovative Ideas In Education, vol. 1, no. 1, pp. 100-103, 1 2016. [Online]. Available: https://ijariie.com/AdminUploadPdf/Innovative_and_Management_Practices_on_Finance_C_1129.pdf [Accessed : ].
Turabian S.Subha, Jesu Prasad , and P.Gokila Priya . "Innovative and Management Practices on Finance." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 1 number 1 ().
Vancouver S.Subha, Jesu Prasad , and P.Gokila Priya . Innovative and Management Practices on Finance. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2016 [Cited : ]; 1(1) : 100-103. Available from: https://ijariie.com/AdminUploadPdf/Innovative_and_Management_Practices_on_Finance_C_1129.pdf
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