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.

No Time Like the Present: Finally Ready for a Single Source of Truth? – Enrich Consulting

Almost daily, we hear from companies that they want to create “a single source of truth” for R&D portfolio management at their company. Software providers list “single source of truth” as a key feature of their products. And, in the midst of our months-long shelter-in-place, leveraging the collective wisdom of the company to make critical...

Bullseye Charts for Complex Landscapes – Enrich Consulting

Innovation-driven firms are always on the lookout for effective new ways to communicate the nuances of their product pipeline and competitive position to management, analysts, and the product teams within R&D. While the pipeline charts offered within Enrich Analytics have become a go-to best-practice for our clients, we noticed a few companies building radial charts...

Universal Market Disruptions Drive Innovation at Hyper-Speed

Recently, Apple announced it was ending its iconic iTunes app, President Trump surprised the market with new tariff threats against Mexico, and the U.S. government increased scrutiny over Google, Apple, and Facebook over possible antitrust violations. All of these market disruptions are poised to hurt some companies while presenting opportunities for others. What effect could...

Making Portfolio Management a Competitive Advantage – Enrich Consulting

Many companies invest heavily in their project management processes and tools, improving their ability to keep initiatives on-time and on-budget. However, project management pays dividends only if the projects you’ve chosen to undertake have intrinsic value, are aligned with your corporate goals and have sufficient resources invested to take them across the finish line. Ensuring...

Upcoming Portfolio Management Conferences in 2019 – Enrich Consulting

Are you interested in networking with other innovation professionals and learning about best practices in R&D allocation? Here are three conferences we’ll be sponsoring in the coming months: Unleashing Innovation, June 13 and 14, Amsterdam This conference is cross industry, with R&D firms from all over Europe in attendance. We’ve been away for two years...

Digital Innovation: 10 Ways Product Portfolio Management Can Improve Delivery

In the first half of this blog series, we talked about how product portfolio management can help companies select and develop the right digital innovations to move their businesses forward. The right portfolio management solution helps ensure products are developed from insights of customers and employees. Further, the right capabilities and priorities must be paired...

IoT Strategy: 10 Ways Product Portfolio Management Can Improve Delivery

According to the technology experts at Gartner, the world will be filled with more than 20.4 billion IoT devices connected to the Internet by 2020. Will one of those IoT products be yours? More importantly, will it be the right product for the market and your business goals? Will you have the right resources and...

Types of Planning Crucial to Delivering on Strategy

Today’s world of work is fraught with complexity and an ever-increasing need for speed. This is simply a reality organizations must come to realize. However, these conditions cause planning deficiencies to be magnified. In this blog series, we will be discussing five types of planning that are crucial to delivering on strategy with a dynamic...

Five Ways to Drive Product Innovation in Manufacturing [Infographic]

Product innovation in manufacturing on a global scale tends to throw a wet blanket on innovation. Whether it’s a disconnect over complex supply chains, alarm over new regulations, or uncertainty about the direction of product roadmaps, innovation can often be sidelined until it’s much too late in the game. Companies miss the opportunity to bring...

6 Product Portfolio Management Best Practices

In part seven of this series, we presented a sense of managing the product development process. In part eight, the last in the series “The Complexity of Managing Smarter, More Connected Products,” we’re examining product portfolio management best practices as a recap of the entire series. In it, we’ll cover key takeaways from the series,...