Today there is a gap between organizational strategy and day-to-day management activities. To capitalize on new opportunities, or "e;getting ahead"e; rather than just "e;staying in business,"e; most workplaces need a radical transformation. This transformation can begin with how organizations devise and manage their portfolios. Long underutilized as a mechanism to provide value, portfolio management is now being recognized as an effective approach to bridging these critical business elements. The Business of Portfolio Management offers keys to adopting a new approach to portfolio management that boosts organizational value.