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.

Managing Product Portfolio Challenges in the Digital Age

If you read parts 1 and 2 of this series “The Complexity of Managing Smarter, More Connected Products” and “Connecting Innovation Investments with Delivery,” you are probably anticipating learning the key to transforming your organization into a top performer like those we’ve cited so far. In part 3 of this 8-part series, we’ll speak to...

Connecting Innovation Investments with Delivery

If you read part 1 of this series “The Complexity of Managing Smarter, More Connected Products,” it probably does not come as a surprise that while innovation investments are on the rise, business leaders are still struggling to align resources and money to their strategic targets. In part 2 of this series, we’ll look at...

Develop Breakthrough Smart Products to Create New Revenue Streams [Webinar]

IoT and smart products are having a dramatic impact on our organizations. Customer expectations are higher, the competition is increasingly fierce, and product portfolio management in this digital age is only becoming more complicated. Leaders must leverage new strategies, processes, tools, and best practices to be successful, tasks that may not always be easy, but...

The Complexity of Managing Smarter, More Connected Products

As a product leader, your job is to ensure business growth and innovation. However, the product development process is becoming more difficult due to the push for smarter, more connected products. The convergence of products and technology is fundamentally changing the way companies think and conduct business—a shift that is forcing leaders to navigate through...

Product Innovation Processes that Won’t Come Back to Haunt You

No one wants to be haunted, whether that means by fears, bad decisions, or actual ghosts. They’re all equally awful—well, being haunted by the supernatural may achieve a new level of awful. However, holding on to outdated product innovation processes can have the same effect as these nagging haunts. The longer they stick around, the...

Is Sunk Cost Thinking Dooming Your Innovation Portfolio? – Enrich Consulting

Photo: Manivasagan N, https://www.dtnext.in I’ve written many times that portfolio management is about change: changing attitudes, changing tactics, and changing how you invest your limited funds and focus your talented teams. We all know change is difficult, leading us away from a known environment and into an unknown future. But the issue at hand is...

Manage risks, but don’t eliminate them – Enrich Consulting

Wait, what? When is it bad to eliminate risks? Many companies we speak with are keen to score their portfolio of initiatives across a number of dimensions like: Strategic fit Market value Development cost Technical risk Commercial risk So far so good. The process goes awry when teams, seduced by the idea of simplicity, distill...

The Secrets to Become a Top Performing Product Innovator

In the 6th Product Portfolio Management Benchmark Study, conducted by Tech-Clarity and commissioned by Planview, we discovered what top product innovators are doing throughout the product development process to drive innovation. In this two-part series, we’ll explore secrets in detail. Check out part one for secrets 1-2, and read on to learn secrets 3 –...

Comparing and Contrasting with Waterfall Charts – Enrich Consulting

We’ve mentioned waterfall charts in several blog posts, notably posts that focus on scenario and variance analysis. Because we have a number of different ways to generate waterfall views within Enrich Analytics, creating a video that describes ‘all the waterfalls’ has been on our to-do list for some time. You can see the video for...

The Secrets to Become a Top Performing Product Innovator

In the 6th Product Portfolio Management Benchmark Study, conducted by Tech-Clarity and commissioned by Planview, we discovered what top product innovators are doing throughout the product development process to drive innovation. In this two-part series, we’ll explore the secrets in detail. Read on to learn the first two secrets! Secret #1: It All Starts with...