Product Portfolio Management

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.

Innovation Demands Better Resource Capacity Planning and Management

Steady, continuous innovation and timely product delivery are only possible when the right resources are available at the right times to work on products. Innovation demands better resource capacity planning and management. If you’ve ever experienced the pain of having “too many projects for our resources”, you won’t want to miss the data uncovered from this...

Shark Tank Your Gate Meetings

Have you seen the hit ABC TV show, Shark Tank? (Or, as it’s known elsewhere around the world, Dragon’s Den?) Its inspirational premise sparks the creative genius in each of us as regular folks go into the “tank” to pitch their inventions and ideas to a panel of “shark” investors, all of whom attack with...

Sales Planning Software in Pharmaceuticals and Biotechs – Enrich Consulting

What is sales planning software? Sales planning software is used in the pharmaceutical and biotech industries to drive R&D, marketing, and manufacturing decisions both for in-market products and for medicines still in development. Functionally, it captures sales forecasts for each product in a company’s portfolio across geographies, patient segments, and product formulations. The forecasts are...

Killing Products: Gone, but Never Forgotten

A few weeks ago Carrie Nauyalis posted an inspiring blog about the positive aspects of killing products early in the innovation process and how it can be similar to a Jazz funeral. The piece was so well received that she expanded the blog into a full article on Innovation Management.se. Here’s a short synopsis and...

Connecting the Dots to Understand the Reality of Your Innovation Management Maturity

5 Tips to get your Innovation Management Program on the Right Track In a recent article posted on Innovation Management.se, Steve Beaumont outlines 5 things organizations can do to bridge the perception gap between executive management and reality for innovation management maturity. Educate executives – use the Fourth Product Portfolio Management Benchmark Survey to provide evidence...

Mourning the Dead: Why You Should Have a Funeral After Killing Your Product

My Mardi Gras hangover cure didn’t involve a greasy breakfast with an aspirin, chased by a strong cup of coffee. My hangover cure was delivered via the brilliant idea Brandon Rowberry of United Healthcare Group shared at the recent Frost & Sullivan Innovation in NPD & Marketing conference in New Orleans. Brandon discussed how his...

Hallmark Delivers Heart-Warming Products This Valentine’s Day

Another holiday is upon us and retail stores everywhere are filling up with a variety of red and pink keepsakes for loved ones. I was recently at a Hallmark store stocking up on my own Valentine’s Day gifts and stumbled upon their latest product, Magic Message Reveal Heart. I was automatically impressed because I know...

Top 5 Most Popular Innovation and Product Development Resources of 2013

Last year we focused heavily on primary research pertaining to people, processes, and tools as it relates to product development innovation and maturity. The research itself was well received by the product development community and got people thinking about how they can improve maturity within their organization. In 2014, we will continue to dive deeper into...

Project Prioritization is Not Enough: Why No One Uses Optimization for R&D Portfolio Management, and Why You Should – Enrich Consulting

R&D-driven organizations face the constant challenge of deciding whether to continue funding existing projects and when to start new initiatives. The overwhelming majority of firms will use project prioritization to rank the opportunities as part of that exercise, with a small minority suspecting that optimization is better suited to the task of project selection. So...

The State of Product Portfolio Management in Europe

More than 500 product development professionals participated in a global survey on the state of product portfolio management in Europe. The outcome is the Fourth Product Portfolio Management Benchmark Study which provides product development executives key trends into the priorities, risks, and pain points as well as perspective into how they compare to their peers....