Tag Archives: Portfolio Management

What Types of Innovation Projects Should Be Included In Your Portfolio?

Question: We’re a very large, well-known consumer products company, and our portfolio is actually quite complex, as we have many different types of initiatives included, all at vastly different stages. In fact, we often debate whether certain projects should be included at all. Do you have any leading practices related to defining what should be included, what should be left ...

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Five Tips for Successful Adoption of a PPM System

“To improve is to change; to be perfect is to change often.” Winston Churchill Change can be difficult. Organizations, like people, are creatures of habit. We tend to stick to paths, plans, and processes that are familiar to us. Portfolio & Pipeline Management (P&PM) involves driving change throughout an organization. You enable your business with P&PM because you want to ...

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Using Agile Product Portfolio Management

Agile Portfolio Management

  Product managers and organizational leaders turn to portfolio management after they have two or more products to simultaneously manage. It reduces headaches and wasted effort. Traditional product portfolio management is the discipline and framework for applying your two most precious organizational resources—your people and your money—to get the greatest value out of your product investment. The primary goal is value maximization. ...

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A Model for Dual Corporate Innovation Management

As rightly pointed out by Tim Kastelle recently, it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both purposes are complementary and equally important. Along with the case made in my previous post, this suggests following a dual approach to balanced corporate innovation management. The main objective of dual approaches is to sufficiently separate exploration-/discovery-oriented initiatives from exploitation-/execution-oriented ones ...

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Defining Portfolio Scope: Is it Necessary for Effective Portfolio Management?

Many of our clients ask if they need to specifically define what projects, products or offerings should be included in their product portfolios and what should be left out. Leading portfolio management practices advocate the need for defining portfolio inclusion criteria. Why is it necessary to define your portfolio’s scope? There are at least two compelling reasons: clear portfolio ownership ...

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