Your path to business agility
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.
Every November the Cambridge Healthtech Institute hosts a portfolio management conference for the life sciences industry that spans both operational and strategic portfolio management. We find it to be the best portfolio management conference in the U.S., and to steal a page from movie critics, “If you only go to one portfolio conference this year…”...
I was speaking with a client at a large government-supported research lab the other day, and he reminded me of the success we enjoyed deploying the Enrich Portfolio System to support their annual portfolio process. When this group approached Enrich, they asked for help picking the winners within their portfolio, and justifying budget increases to...
We sponsored the 2012 Industrial Research Institute (IRI) Annual Meeting this month, and the primary topic was how to drive innovation in large organizations. These organizations have become large because they’re very good at some “thing”, which for the sake of simplicity we’ll call a core competency. This core competency is typically focused on a particular type...
The most innovative organizations — noted for their creative designs, unorthodox service, or energizing workspace — make innovation a part of their culture. It is integrated into all that they do, and not just limited to the CEO or an “innovation group.” Here are 9 tips for achieving Integrated Innovation in your organization: Don’t Underestimate...
Lean Innovation and New Product Development Written by Sean Klein, Business Analyst at Kalypso, and Avjit Dugal, Senior Consultant at Kalypso In both operations and manufacturing, the concept of “lean,” has earned its reputation as a powerful toolset that drives down cost and improves cycle-times. Lean manufacturing achieves this value through a focus on...
40% to 75% of New Products Fail — How to Improve Your Odds of Winning! Innovation and new product development are risky. 40% to 75% of new products fail. This is not because people make dumb decisions; it’s the nature of things when you face an uncertain future. Think about it. If you could consistently produce...
Will the real efficient frontier please stand up? Each year, we attend many conferences focused on the themes of new product development, innovation, and portfolio management. One of my biggest pet peeves at these conferences arises when speakers discussing project prioritization present a scatter chart with individual projects cumulatively plotted in descending order of bang-for-the-buck...
Planview just finished our 2012 Product Expo introducing Planview Enterprise 10.4 – and we did it virtually. Here’s what we have found to be great about a virtual product launch event: We are able to get more customers and prospects to attend at a global level. They can participate from their office – all they...
They are dark times indeed when each day brings another tale of an industry stalwart shedding 1,000, 2,000, or even 10,000 jobs. It is especially daunting when companies are forced to make those cuts within research and development, the lifeblood of innovation and long-term survival. To our minds here at Enrich, there is an even...
As many of you probably know, releasing a product to market involves a whole system of moving parts. It’s not as simple as coming up with a great idea and then seeing it on the shelf a few months later. If only! The only way to ensure you’re meeting time-to-market targets for your new products, and...
