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.

Strategic R&D Portfolio Management vs. Operational Capacity Planning: A Tale of Two Disciplines – Enrich Consulting

Many of my recent discussions with portfolio staff have centered around the distinctions between project management and strategic R&D portfolio management applications. Often I hear a variant of the statement “We already have/are installing a capacity planning software. It does portfolio management…why would we need a dedicated strategic portfolio system?” In reality, there are critical...

Are There Best Practices for Product Portfolio Management?

I recently did some research on how companies can take a practical path to improve PPM decision-making. I won’t keep you guessing (if you were), there are some VERY good best practices that have been developed by the new product development (NPD) community. The research consists of interviews with three distinguished manufacturers in different industries,...

5 Game Changers in Product Management – Part 1

If you’ve been in product management for a while, you know there are a lot of things you could be doing with your time to manage your product portfolio. But which things are the most important and effective at helping your company reach its goals. This 2-part blog series will disclose the top 5 product management...

Discovering Your Type

“Why is innovation in everyone’s DNA and not in every organization’s DNA?” According to Darwinism, the weak eventually die and the strong, most adaptable ultimately survive. However, if that is the case, why hasn’t the spirit of constant improvement effectively spread throughout the business world?

Software’s Role in Innovation

An Excerpt from “New Insights for Driving Innovation in Product Development” Webcast This is part three of my three-part series on a recent Planview hosted Webcast titled “New Insights for Driving Innovation in Product Development: Is Your Organization a Lean, Mean, Innovating Machine?” featuring Sanjeev Pal, Research Manager of Product, Project and Portfolio Management Solutions...

The Business of Innovation

An Excerpt from “New Insights for Driving Innovation in Product Development” Webcast This is part two of my three-part series on a recent Planview hosted webcast titled “New Insights for Driving Innovation in Product Development: Is Your Organization a Lean, Mean, Innovating Machine?” featuring Sanjeev Pal, Research Manager of Product, Project and Portfolio Management Solutions...

Trends in Innovation

An Excerpt from “New Insights for Driving Innovation in Product Development” Webcast Planview recently hosted a Webcast titled “New Insights for Driving Innovation in Product Development: Is Your Organization a Lean, Mean, Innovating Machine?” featuring Sanjeev Pal, Research Manager of Product, Project and Portfolio Management Solutions at IDC, and me. Here is the first of...

Navigating the Dashboard Minefield to Improve R&D Portfolio Management – Enrich Consulting

The use of dashboards has been spreading throughout organizations. From tracking manufacturing performance to the latest sales numbers, dashboards aim to provide a quick, comprehensive snapshot of how well an organization, business unit, or project is performing. As R&D Portfolio Management processes mature within organizations, they evolve from once-a-year budgeting activities to evergreen processes that...

Innovation Tools: Enablers or Derailers? 4 Easy Steps to Keeping It on the Rails

“Innovate or Die.” It’s the current battle cry for businesses trying to get or stay ahead of the competition and remain viable in the market. But how do you avoid innovation for innovation’s sake, and instead drive measurable business results through innovation tools and processes? Birds of a Feather Innovation Leaders Workshop I learned the...

Put a Spike In It

Spikes in Agile Software Development environments are used to investigate a concept and/or create a simple prototype. Basically, a spike is a quick (typically less than a sprint of effort) exploration by coding of an area in which the development team lacks confidence. The spike is concluded when you learn what you needed to learn....