Your path to business agility
Dr. Sonnenblick, Planview’s Chief Data Scientist, holds years of experience working with some of the largest pharmaceutical and life sciences companies in the world. Through this in-depth study and application, he has successfully formulated insightful prioritization and portfolio review processes, scoring systems, and financial valuation and forecasting methods for enhancing both product forecasting and portfolio analysis. Dr. Sonnenblick holds a Ph.D. and MS from Carnegie Mellon University in Engineering and Public Policy and a BA in Physics from the University of California, Santa Cruz.
In my last post, I covered the essential attributes of an effective single source of truth—a consolidated, reliable source of project information. But simply collecting project details into a centralized vault is not enough for effective decision-making. Your single source of truth needs to become a single source of understanding. A single source of understanding moves...
Almost daily, we hear from companies that they want to create “a single source of truth” for portfolio management at their company. Software providers list “single source of truth” as a key feature of their products. And, in the midst of our months-long shelter-in-place, leveraging the collective wisdom of the company to make critical decisions...
Innovation-driven firms are always on the lookout for effective new ways to communicate the nuances of their product pipeline and competitive position to management, analysts, and the product teams within R&D. While the pipeline charts offered within Enrich Analytics have become a go-to best-practice for our clients, we noticed a few companies building radial charts...
Many companies invest heavily in their project management processes and tools, improving their ability to keep initiatives on-time and on-budget. However, project management pays dividends only if the projects you’ve chosen to undertake have intrinsic value, are aligned with your corporate goals and have sufficient resources invested to take them across the finish line. Ensuring...
Are you interested in networking with other innovation professionals and learning about best practices in R&D allocation? Here are three conferences we’ll be sponsoring in the coming months: Unleashing Innovation, June 13 and 14, Amsterdam This conference is cross industry, with R&D firms from all over Europe in attendance. We’ve been away for two years...
Photo: Manivasagan N, https://www.dtnext.in I’ve written many times that portfolio management is about change: changing attitudes, changing tactics, and changing how you invest your limited funds and focus your talented teams. We all know change is difficult, leading us away from a known environment and into an unknown future. But the issue at hand is...
Wait, what? When is it bad to eliminate risks? Many companies we speak with are keen to score their portfolio of initiatives across a number of dimensions like: Strategic fit Market value Development cost Technical risk Commercial risk So far so good. The process goes awry when teams, seduced by the idea of simplicity, distill...
We’ve mentioned waterfall charts in several blog posts, notably posts that focus on scenario and variance analysis. Because we have a number of different ways to generate waterfall views within Enrich Analytics, creating a video that describes ‘all the waterfalls’ has been on our to-do list for some time. You can see the video for...
If I asked you to fill in this blank: Portfolio management uses many ________ charts. You’d probably shout “bubble!” without hesitation. Indeed, frontier charts, pipeline charts, and risk vs. reward charts all effectively employ scatter and bubble charts to describe your portfolio. But the humble bar chart is no slouch when you’re looking for portfolio...
Are you picking winners in your product portfolio or picking whiners? What might sound like a silly question has a very serious foundation: in company after company we observe funding going to projects supported by the most vocal, politically-savvy, or persistent leaders. Meanwhile, those projects best aligned with strategy or those developing novel technologies, markets,...
