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Coffee Talk: It’s Your Link to the Latest Innovation and Product Portfolio Management News and Trends! We are excited to introduce this new video blog series, Coffee Talk, featuring the Product Portfolio Mavens. Likened to The View for Product Portfolio Management (PPM), the Mavens offer wise insights along with a fun perspective on critical topics for...
As we have said before, every forecast you’ll ever build is wrong. The truth may be out there, but due to a lack of perfect information about the future, you won’t be able to reveal it before your project review meeting. There is a paradox here: The more you insist on the truth, the more...
With cloud-based project portfolio management software, project management offices can gain visibility into both strategic initiatives and sustaining operations, resulting in clear visibility into operations, effective prioritization, and better decision-making across the entire portfolio. A Project Management Office (PMO) doesn’t always achieve its full potential. Project managers often find themselves short on resources, time and...
What is an R&D-driven company with $10-50 billion of cash in the bank to do? In the last twelve months, Merck, Pfizer, HP, AstraZeneca, and Bristol-Myers Squibb have announced stock buybacks totaling over $25 billion, and layoffs of over 30.000 employees. So apparently, for many firms, the best use of their cash hoard is a...
Spielverändernde Ressourcenplanung für Dienstleistungen In meinem letzten Blog, Blindsided: Why Service-Driven Organizations are Unprepared for Swings in Demand, habe ich einige der Probleme erörtert, mit denen projektbasierte Dienstleistungsunternehmen derzeit konfrontiert sind. Zusammenfassend lässt sich sagen, dass praktisch jedes Unternehmen mit den folgenden Herausforderungen konfrontiert ist: Unzuverlässige Prognosen bedeuten, dass die eingehende Nachfrage immer eine Überraschung ist Schlechte Sichtbarkeit der...
Finance and R&D can get along You’ve just finished briefing the executive committee on the methods for project valuation that you have worked so hard to establish in your R&D group. The team has finally acknowledged that risk needs to be managed in all its potential forms. You’ve reached consensus on the following set of...
Innovation is inherently risky. By definition, you’re doing something that you haven’t done before so there are no guarantees it will work. The mindset in many organizations is to “minimize” risk as if it were a disease, but it isn’t that simple. The best companies face risk head-on and manage it both systematically and transparently....
Part one of this series notes that 1) there are appropriate uses for spreadsheets in the planning process, 2) there is a key point at which spreadsheets fall short (alignment), and 3) an appropriate planning tool is one that makes the most of the strengths of spreadsheets in the data gathering process. In this blog,...
Niemand wird bestreiten, dass die Wirtschaft viele geschäftliche Herausforderungen für projektbasierte Unternehmen mit sich bringt. Geringere Gewinnspannen, langsameres Umsatzwachstum, weniger Projekte, niedrigere Rechnungsbeträge, veränderte Erwartungen von Kunden und Mitarbeitern sowie neue Technologietrends wie die Consumerization der IT sind für viele Führungskräfte tägliche Themen. Wie kann die erfolgreiche Führungskraft in diesen rauen Gewässern...
A Look at the Findings from the 3rd Product Portfolio Management Benchmark Study: Companies are Waking Up to Ways to Streamline Product Development This year, 320 product development executives and managers across the globe shared their priorities, risks, and pain points around product portfolio management (PPM). Because this is the third study on PPM, we were...
