| ID | 128044 |
| Title Proper | Enterprise portfolio approach for defence capability planning |
| Language | ENG |
| Author | Filinkov, Alexei ; Dortmans, Peter J |
| Publication | 2014. |
| Summary / Abstract (Note) | Capability-based planning (CBP) is considered by many defence organisations to be the best practice for enterprise-level planning, analysis and management. This approach, loosely based around investment portfolio theory, is premised on balancing the cost, benefit and risk of capability options across the defence enterprise. However a number of authors have recently noted limitations of its current applications. The authors propose a more general, insurance-based approach, which can support the evolutionary improvement of the current CBP approach. This approach is implemented as hedging-based planning and aims to better reflect the enterprise nature of defence organisations, capturing both force structure and force generation aspects of military systems. |
| `In' analytical Note | Defense and Security Analysis Vol. 30, No.1; Mar 2014: p.76-82 |
| Journal Source | Defense and Security Analysis Vol. 30, No.1; Mar 2014: p.76-82 |
| Key Words | Defence Capability ; Capability - Based Planning ; Investment Portfolio ; Contingent Claim ; Hedging Portfolio ; Enterprise - Level Risk Management |