Optimizing benefits realization in Ghanaian public universities: The role of portfolio management practices, strategic resource alignment and institutional culture
Résumé
This paper examines how portfolio management practices influence benefits realization in Ghanaian public universities, focusing on the mediating role of strategic resource alignment and the moderating role of institutional culture. It provides empirical evidence on how structured portfolio systems support institutional performance and strategic outcomes. A quantitative cross-sectional design complemented by qualitative insights was used. Data were collected from 76 professionals across three public universities through structured questionnaires. Partial Least Squares Structural Equation Modeling (PLS-SEM) and PROCESS analysis tested the proposed relationships, while thematic analysis examined open-ended responses. Findings showed that portfolio management practices significantly enhance benefits realization both directly and indirectly through strategic resource alignment, although the mediation was not statistically significant. Institutional culture did not moderate the relationship but shaped the environment supporting effective portfolio practices. Qualitative findings revealed issues such as delayed funding and weak governance, with suggested remedies like centralized portfolio management and improved accountability. The study focused on three public universities, which may limit generalizability. Future research should adopt longitudinal and multi-institutional designs to validate these findings across broader higher education contexts.
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