{"id":6820,"date":"2018-06-19T13:35:27","date_gmt":"2018-06-19T18:35:27","guid":{"rendered":"https:\/\/blog.planview.com\/?p=6820"},"modified":"2022-04-05T13:11:22","modified_gmt":"2022-04-05T18:11:22","slug":"2018-product-portfolio-management-survey","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/2018-product-portfolio-management-survey\/","title":{"rendered":"The 2018 Product Portfolio Management Survey Shines A Light on Top Performers [Video]"},"content":{"rendered":"<p>I am excited to share that the results from 6<sup>th<\/sup> <a href=\"https:\/\/www.planview.com\/products-solutions\/solutions\/product-innovation-portfolio-management\/\">Product Portfolio Management<\/a> global survey are in! Conducted by Tech-Clarity<sup>\u00ae <\/sup>and sponsored by Planview, we asked people involved in the product development process to share their experiences in managing their product portfolios and developing and bringing new products to market.\u00a0 Not only did almost 500 people participate in the survey, but the responses were very encouraging separating the top performers from the rest of the pack.<\/p>\n<p><em>Watch the short video featuring Carrie Nauyalis, Executive in Residence at Planview\u00a0discuss the research history as well as of what the survey is about.<\/em><\/p>\n<p class=\"text-center\">\n<div class=\"video-thumbnail text-center\"><a title=\"6th Product Portfolio Management Survey and Benchmark Study\" href=\"https:\/\/www.youtube.com\/watch?v=cvqSkZ4K-5w&amp;rel=0\" target=\"_blank\" rel=\"noopener noreferrer\" data-video-id=\"cvqSkZ4K-5w\"><img decoding=\"async\" class=\"img-responsive center-block\" src=\"https:\/\/img.youtube.com\/vi\/cvqSkZ4K-5w\/maxresdefault.jpg\" alt=\"Video: 6th Product Portfolio Management Survey and Benchmark Study\" \/><i class=\"icon-play-circle-solid\"><\/i><\/a><\/div>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blog.planview.com\/2018-product-portfolio-management-survey\/#Five_Best_Practices_of_Top_Performers\" >Five Best Practices of Top Performers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blog.planview.com\/2018-product-portfolio-management-survey\/#Use_of_Product_Portfolio_Management\" >Use of Product Portfolio Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blog.planview.com\/2018-product-portfolio-management-survey\/#Opportunity_for_Improvement_and_Growth\" >Opportunity for Improvement and Growth<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Five_Best_Practices_of_Top_Performers\"><\/span><strong>Five Best Practices of Top Performers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a title=\"The best practices of top performers\" href=\"https:\/\/info.planview.com\/2018-pi-benchmark-webinar-_webinar_pi_en_reg.html\" target=\"_blank\" rel=\"noopener noreferrer\">The best practices of top performers<\/a> appear to be a product development wish list and include:<\/p>\n<ol>\n<li>Access to timely, reliable data<\/li>\n<li>Well defined, structured processes<\/li>\n<li>Mature portfolio processes<\/li>\n<li>Better portfolio and capacity planning<\/li>\n<li>Use product portfolio management technology<\/li>\n<\/ol>\n<p>I have spent most of my career managing product portfolios and can absolutely relate to these best practices. Looking back, I can pinpoint projects where two or more of these capabilities would have been extremely valuable, preventing the team from missing deadlines.<\/p>\n<p>Companies can leverage these best practices as a roadmap to overcome challenges and achieve higher levels of innovation and profitability &#8211; especially if a company is undergoing Digital Transformation.<a href=\"https:\/\/info.planview.com\/2018-pi-benchmark-webinar-_webinar_pi_en_reg.html\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"The Surprising Secrets to Delivering Smarter, More Connected Products aligncenter wp-image-6836 size-full\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2018\/06\/planview-product-development-webinar-600x200.jpg\" alt=\"The Surprising Secrets to Delivering Smarter, More Connected Products\" width=\"600\" height=\"200\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2018\/06\/planview-product-development-webinar-600x200.jpg 600w, https:\/\/blog.planview.com\/wp-content\/uploads\/2018\/06\/planview-product-development-webinar-600x200-300x100.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Use_of_Product_Portfolio_Management\"><\/span><strong>Use of Product Portfolio Management<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Interestingly, the findings indicate that top performers are 30% more likely to use PPM software solution. Yet with the increasing pace of technology and innovation, it\u2019s ironic that so many product development teams are trying to digitally transform and yet are still using spreadsheets.\u00a0 It begs the question&#8230;do they understand they are at risk?<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Opportunity_for_Improvement_and_Growth\"><\/span><strong>Opportunity for Improvement and Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The goal of launching innovative products in a competitive market isn\u2019t broken but there is definitely an opportunity to fix the processes that lead the way.\u00a0 We compared the results from previous studies and found that processes are improving \u2013 people are listening.\u00a0 In 2010, 68% of respondents said one of their primary pain points is there are too many projects for their product development teams.\u00a0 In our most recent study, that rate was reduced by 24%.<\/p>\n<p>To learn more about the results of the survey and to see how you compare, join us on Thursday, June 21, 2018, at 10:30am CDT to hear Carrie Nauyalis, Planview\u2019s Innovation Executive in Residence, spill the surprising secrets to delivering smarter, more connected products.\u00a0 Register at <a title=\"Product Portfolio Management Benchmark Study\" href=\"https:\/\/info.planview.com\/2018-pi-benchmark-webinar-_webinar_pi_en_reg.html\" target=\"_blank\" rel=\"noopener noreferrer\">planview.info\/BenchmarkWebcast<\/a>.<\/p>\n<p><a href=\"https:\/\/www.planview.com\/lp\/map-your-product-portfolio-toward-success\/?_ga=2.100822725.512360290.1565620716-1049357371.1559153883&amp;_gac=1.195350750.1564418320.Cj0KCQjwsvrpBRCsARIsAKBR_0I9lYfy1GP58kG71h_G_Paf3LKI5_79pF5wwnAhGdjLSZIoKxQhgmMaAsOpEALw_wcB\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10997 size-full\" src=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/01\/PPM.jpg\" alt=\"Sixth Product Portfolio Management Study\" width=\"1182\" height=\"479\" srcset=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/01\/PPM.jpg 1182w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/01\/PPM-300x122.jpg 300w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/01\/PPM-768x311.jpg 768w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/01\/PPM-1024x415.jpg 1024w, https:\/\/blog.planview.com\/wp-content\/uploads\/2019\/01\/PPM-750x304.jpg 750w\" sizes=\"auto, (max-width: 1182px) 100vw, 1182px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am excited to share that the results from 6th Product Portfolio Management global survey are in! Conducted by Tech-Clarity\u00ae and sponsored by Planview, we asked people involved in the product development process to share their experiences in managing their product portfolios and developing and bringing new products to market.\u00a0 Not only did almost 500&#8230;<\/p>\n","protected":false},"author":115,"featured_media":6837,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":1,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[36,477],"tags":[403,410],"class_list":["post-6820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-development","category-vision-trends","tag-video","tag-webcast"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Product Portfolio Management Benchmark Study | Blog - Planview<\/title>\n<meta name=\"description\" content=\"The results from 6th Product Portfolio Management survey are in! 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Conducted by Tech-Clarity\u00ae and sponsored by Planview, we asked people involved in the product development process to share their experiences in managing their product portfolios and developing and bringing new products to market.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/2018-product-portfolio-management-survey\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-19T18:35:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-05T18:11:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.planview.com\/wp-content\/uploads\/2018\/06\/PDPM-study.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Carly Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carly Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/\"},\"author\":{\"name\":\"Carly Miller\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/15eebeb5a0b57229f4fbcc9b4c52bb41\"},\"headline\":\"The 2018 Product Portfolio Management Survey Shines A Light on Top Performers [Video]\",\"datePublished\":\"2018-06-19T18:35:27+00:00\",\"dateModified\":\"2022-04-05T18:11:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/\"},\"wordCount\":414,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/PDPM-study.gif\",\"keywords\":[\"Video\",\"Webcast\"],\"articleSection\":[\"Product Portfolio Management\",\"Vision and Trends\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/\",\"name\":\"Product Portfolio Management Benchmark Study | Blog - Planview\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/2018-product-portfolio-management-survey\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/PDPM-study.gif\",\"datePublished\":\"2018-06-19T18:35:27+00:00\",\"dateModified\":\"2022-04-05T18:11:22+00:00\",\"description\":\"The results from 6th Product Portfolio Management survey are in! 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