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.

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 However, holding on to outdated product innovation processes can have the same effect as these nagging haunts.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...

Two bar charts you’re probably not using to understand your portfolio – Enrich Consulting

If I asked you to fill in this blank: Portfolio management uses many ________ charts. You’d probably shout “bubble!” without hesitation. Indeed, frontier charts, pipeline charts, and risk vs. reward charts all effectively employ scatter and bubble charts to describe your portfolio. But the humble bar chart is no slouch when you’re looking for portfolio...

Winners vs. Whiners – Enrich Consulting

Are you picking winners in your product portfolio or picking whiners? What might sound like a silly question has a very serious foundation: in company after company we observe funding going to projects supported by the most vocal, politically-savvy, or persistent leaders. Meanwhile, those projects best aligned with strategy or those developing novel technologies, markets,...

The 2018 Product Portfolio Management Survey Shines A Light on Top Performers [Video]

I am excited to share that the results from 6th Product Portfolio Management global survey are in! Conducted by Tech-Clarity® and sponsored by Planview, we asked people involved in the product development process to share their experiences in managing their product portfolios and developing and bringing new products to market.  Not only did almost 500...

Building a Better Product Roadmap with Planview and the Pragmatic Marketing Framework

As we continue our blog series on using the Pragmatic Marketing Framework to improve product development, we turn our sights now to product roadmaps. Before we get started, be sure to catch up on anything you missed in part 1: Supporting Product Strategy to Execution Leveraging the Pragmatic Marketing Framework, and part 2: Supporting Sales...