Resolving the Time Tracking Dilemma: 8 Tips for Success

When it comes to implementing time tracking for Resource Management, many companies disagree on the granularity at which they should capture time. Some feel that summary or phase-level tracking is adequate, while others want to track activity at the task level. Here are a few tips that can help resolve this common dilemma: Manage outcomes,...

R&D Portfolio Management and the Black Swan – Enrich Consulting

I recently read The Black Swan by Nassim Nicholas Taleb and found the book’s central tenets relevant to R&D portfolio management. I recommend you pick up a copy yourself, but until you do, I hope the following thoughts hit the mark for you as they did for me. What is a “Black Swan?” According to...

Move Over P&G and J&J: Now There’s Something a Little More “Quirky” in the Mix

Consumer Goods Growth and Innovation Forum Review — Part 1 of 3 The 2010 Consumer Goods Growth and Innovation Forum just concluded in South Beach on Friday with a big bang… including a spontaneous and refreshing F-bomb from an amazing new innovator. But, more on him in a moment. This year’s conference, produced by CGT,...

Passion and the “Ideal” Product Manager

What makes the ideal product manager? This is a very timely subject for our team, having just gone through an exhaustive — and ultimately successful — search for a new product manager to join the fold, one that forced us to ask ourselves a lot of questions: How important is domain experience vs. product management...

The Capacity Quadrant: Four Keys to Improved Resource Planning

Organizations often cite resource management as their most overwhelming challenge. Despite the best-laid plans, they just can’t get a handle on getting the right people available at the right time. Because of this, they sometimes resist taking on new projects and products for fear of the ability to deliver. Or worse, they take on unlimited...

How Does Your Company Measure Up?—Make Your Voice Heard

Participate in the 2nd Annual Product Portfolio Management Benchmark Study Take the Survey Now and receive the full complimentary report. It’s time for the 2nd Annual Product Portfolio Management Benchmark Survey! You are invited to participate and in appreciation for your time and input, you’ll receive a complimentary copy of the full report in November,...

How Is Your Company Using Social Media?

Allow me to pose the question again, but this time as a multiple choice question: How is your company using social media? As a hip way to fill business cards and e-mail signatures with nifty and icons To communicate to employees and customers To transform and broadcast media monologues into social media dialogues (Wikipedia) As...

Portfolio Management and Agile Programming

When Kent Beck first articulated the principles of agile programming, he spearheaded the greatest change in software methodology in the last twenty years, and therefore perhaps of all time in such a young art. As I cannot hope to improve upon his exposition of the synergetic principles of Extreme Programming, I would like to explain how...

Why Integration Doesn’t Have to Be Hard, or the Secrets of a Good Partnership

Throughout my career, there have been a few examples of good business partnerships — partnerships that are truly beneficial for both sides. I have many more examples of “Barney” type partnerships that take a good chunk of bandwidth for little return. The most successful partnerships, in my experience, have been built around a “build vs...

Product Development Portfolio Optimization: Bottoms-Up vs. Top-Down

I’ve never met a homebuilder who wants to build a roof before pouring a foundation. Yet when I talk with executives about optimizing product development portfolios for customer appeal, competitive impact, and resource allocation, they sometimes ask this question first: how can we do a better job of optimizing development investments across our major lines...