How can innovation and development budgets be distributed faster, more transparently, and more effectively? Participatory Budgeting offers a collaborative approach to steering investments not project-by-project, but along value streams and strategic priorities.
What This Talk Covers#
Using a concrete practical example from Zühlke, this talk shows how a market portfolio can be jointly prioritized using clear budget frameworks, epic pitches, and moderated decision rounds.
Key Messages#
1. From Project Budgets to Value Stream Funding Traditional project-by-project funding is slow and inflexible. Participatory Budgeting steers investments along value streams and strategic priorities for faster, more effective allocation.
2. Transparency and Commitment The approach creates transparency, increases stakeholder commitment, and supports agile, adaptive budget steering. Everyone involved understands why decisions are made.
3. Success Factors The success of participatory budgeting depends strongly on good preparation, clear information, and professional moderation. Without these foundations, the approach falls short.