Hitting IT Projects Out of the Park – Essential Tips for Project Management Success

In the words of one of baseball’s brightest stars Yogi Berra, “If you don’t know where you are going, you might wind up someplace else”. Score a win for your IT project and realize more revenue by implementing these key project management tips. Deliver projects on time, and within budget. Just put on your manager’s...

Overheard at Optimizing Innovation NYC

I recently attended the Optimizing Innovation Conference in NYC as Planview was a sponsor. Initially, I was surprised that half of the attendees had traveled from Europe just for a two-day conference. Once the sessions began, I quickly understood their motivation. Speakers from Levi® Strauss, NASA, MTV Networks, Goodyear®, Mozilla, Kraft, and many other companies...

Eight Rules of Effective R&D Portfolio Management – Enrich Consulting

Dan Smith and I have written a white paper on strategic R&D portfolio management that summarizes many of the lessons and insights we’ve gleaned during twelve years of client engagements. The white paper is organized into eight ‘rules’: Avoid incomplete strategies Build an actionable strategy Don’t buy in to bubble plots Move beyond prioritization Present...

Meeting Product Launch Windows and the PIM Conference

The Product Portfolio Mavens are back and this time they’ve recorded in an undisclosed location. In addition to sharing insights on hitting launch windows and pipeline visibility, Pamela and Carrie provide an update on the PDMA PIM Conference and shed light on the latest product portfolio management rumors.

A Case of Mistaken Priorities: Project Prioritization Gone Bad – Enrich Consulting

It’s no secret that projects in the earlier stages of the development lifecycle are evaluated and managed very differently than projects in the later stages. One major pharmaceutical company believed these differences to be so great, however, that they split their development organization in two. Over time, the structural gulf became a cultural gulf, leading...

Application Portfolio Management – “Don’t Boil the Ocean”

By Samir Mukadam, VP of Product Management at Innotas We briefly mentioned Application Portfolio Management (APM) in our most recent post. Since then we have received many emails from customers and prospects on how one should go about rolling out APM in their organization. –Here is how Innotas thinks an IT organization should approach APM:...

Storytelling and Pharmaceutical Portfolio Management – Enrich Consulting

Humans have always been and will always be storytellers. From the fireside tales of bygone millennia to today’s TV dramas and movies, the power of the narrative holds us in rapt attention as it both entertains and makes sense of the world around us. How does this relate to pharmaceutical portfolio management? Essentially, portfolio management...

How to Optimize Annual Budgeting to Increase Total Shareholder Return

In part one of this series, How to Use Annual Budgeting to Increase Total Shareholder Return I explained how most companies make minor changes in their budget allocations from year-to-year. I also referenced a recent McKinsey Quarterly study that found that over time, companies earned on average 30% higher annual total returns to shareholders by...

The “Good Enough” Business Model – Enrich Consulting

A product manager and an analyst are discussing the revenue forecast for a product in development. Poring over the financials, the manager asks:      “Have you considered how SUPR-3 will impact sales of our other SUPR products?”      The analyst replies confidently: “Yes! Right here you can see we are estimating SUPR-3 to take a...

Hitting Launch Windows When Time to Market is Non-Negotiable

In a recently released research paper, Issue in Focus: Meeting Fixed Product Launch Windows analyst Jim Brown, Founder and President, Tech-Clarity, Inc., talks about how companies can use Product Portfolio Management (PPM) applications to hit timely product launch deadlines to improve new product development and overall performance. Conversations with product developers and the immediate interest...