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...

A Most Dangerous PMO

For most people involved with project management, a Program/Project Management Office (PMO) is an ideal entity to deploy at any company. There’s much to like about a centralized group that does everything from creating and deploying standardized project management practices and tools, to managing dependencies among various projects while tracking their performance. At their best,...

Three Social Product Innovation Hang-ups You Need to Get Over

Once again, our friends at Kalypso have issued a challenge for all of you product development companies out there… actually, two challenges this time. 1. Move past the myths that keep you from using social models and tools to support innovation and 2. If you have moved past these myths, nominate yourselves for a SPIKE...

R&D Portfolio Management Software Buyer’s Guide – Enrich Consulting

It’s that time of year again: We find more requests for proposals (RFPs) in our inbox during the late summer and early fall than any other time of year. RFPs vary dramatically in length, complexity, and level of ambition. In a spirit of cooperation, allow me to make some suggestions about those RFPs, and about...

Aligning Applications Portfolios with Business Needs and Strategy

In previous blogs, APM: How Much Are Your Applications Really Costing You? and APM: Why Organizations Don’t Understand the TCO of Their Applications, I focused on how organizations can start to determine the technical and business value of their application portfolios. In this post, I would like to focus on aligning applications portfolios with the business...

Using Annual Budgeting to Increase Shareholder Return

The link between a company’s strategy and the long-range planning process, which culminates in their annual budget, has always been, to put it nicely, a very loose one. For those of us close to the planning process, this has been a well-known problem for a long time. Yet we continue to be surprised when we...

Your Link to the Latest Innovation and Product Portfolio Management News and Trends

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...

Tornado Diagrams 101 – Enrich Consulting

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...