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Innovation is all about focusing and optimizing the product portfolio so you can get products to market at the right time and cost. Topics we’ll explore in the Product Innovation blog category range from ideation management to product launch and product end-of-life. Experts will provide recommendations to take your innovation strategy and delivery process to the next level. You’ll get tips for picking the right projects, prioritizing good projects, and aligning them with strategy. Take your innovation strategy to the next level with information on improving time to market to maximize resources, funding, and time. Get tips from other customers on how they improved transparency to pick the right projects and kill the bad projects early. You will also be able to access ground-breaking research and fresh insights on how capacity planning can accelerate business innovation while lowering risk.
I think we can agree that often the problem with developing killer products isn’t with idea generation. We have lots of good ideas entering our pipelines. The problem comes down to execution. We lack the insight to understand resources and when there’s a hiccup with resources, you can bet it’s going to be bad when...
As a product manager, I know firsthand how important it is to create capacity for driving innovation to the marketplace. According to the newly released 2016 Resource Management and Capacity Planning Benchmark Study, more organizations are discovering the importance of capacity planning to speed innovation and time-to-market. Ideas are often plentiful if the organization can’t...
Watch a three-minute overview of the Enrich Analytics features discussed in this case study. Growth is a good thing—it means larger market share, more profit, greater reach. But it also brings challenges, as a company struggles to allocate resources to support growth without over-committing itself. A rapidly growing pharmaceutical company faced exactly this dilemma: the company...
Watch a three-minute overview of the Enrich Analytics features discussed in this case study. Growth is a good thing—it means larger market share, more profit, greater reach. But it also brings challenges, as a company struggles to allocate resources to support growth without over-committing itself. A rapidly growing pharmaceutical company faced exactly this dilemma: the company...
We’re often asked, “What’s the best metric for portfolio management?” Executives and managers who oversee new product portfolios want one metric that will tell them, and their superiors, how their portfolios and the initiatives within them are doing. They want one indicator they can rely upon, whether in formal portfolio reviews or informal discussions. But there is...
We’ve talked elsewhere about how EAP can provide sophisticated strategic resource planning and capacity planning. In those cases, the concerns were mostly around staffing—making sure key projects had the right people at the right time and anticipating and addressing staffing shortages. But other resources can benefit from this approach as well. Money, for instance—always needed...
Our latest video covers prioritization by value metrics, when to use productivity metrics, how to build a frontier chart, and when to temper simple prioritization with more sophisticated methods. You can see it here, right now. As always, we’d love to hear your comments and suggestions on topics for future videos.
The front end of innovation focuses on the ideation stage. It is a place of creativity, crowdsourcing, and collaboration. It involves sticky notes, labs, interviews, and sometimes arts and crafts, all in the name of capturing the voice of the customer to deliver “the next big thing.” The right-brained people in the room absolutely LOVE...
In most R&D organizations, the portfolio management team walks a narrow line between the project teams and the executives. The portfolio staff polls the project teams for information about each new and ongoing initiative, builds portfolio views, and shares the updated state of the portfolio with executives. In an ideal world, the portfolio team members...
Knowing the current cost and estimated value of every initiative in your portfolio is nice, but when executives meet for a review, what they really want to know is: What’s changed since the last review, was it good or bad, and why? The above is true whether a month, a quarter, or a year has...
