Good Portfolio Management Includes Front-end Work

by Paul O’Connor If you’re interested in NPD and R&D portfolio management, here is an important insight: Most Portfolio Management presentations discuss only development projects. They do not show, analyze, or rationalize front-end work. Anyone new to product development might assume Portfolio Management should only be about products under development. But if that’s all, then portfolio management misses its greatest opportunity for improvement. The utmost influence on a portfolio’s Read more […] Related posts: Product Portfolio Management – Picking Flowers in the Dark Why Good Portfolio Management Depends on a Robust Front-end

Creating Powerful Product Line Strategies & Roadmaps

Your strategy moves matter. Do you have a strong product line strategy with a sharp roadmap? Does your management make superb strategy decisions? The key is to understand the moves, both pivots and recasts. Teams mu The Adept Group is delighted to offer our superb workshop. Creating Powerful Product Line Strategies & Roadmaps January 17 and 18, 2019 in Ponte Vedra Beach, FL Info and Brochure This workshop delivers the knowledge to build and advance product lines. The workshop Read more […] Related posts: Eight Vital Facts about Product Line Strategies WHITEPAPER: Powerful Product Lines Strategies

The Misdirected Guidance of “Portfolio Balance”

by Paul O’Connor I have a simple message for everyone involved in product development. This message is especially important for PMOs. These are the manager’s responsible for analyzing project portfolios. They calculate resources and priorities to determine who should work on which projects. “Portfolio Balance” is misguided. The problem is no one knows what the “balance” should be. Instead, we make it up. That’s right, the gurus and experts make up numbers to impress you. Portfolio Read more […] Related posts: Product Portfolio Management – Picking Flowers in the Dark I Had a Portfolio Management Epiphany

Think Big! Innovate Product Lines, Not Products

Look over a few articles on innovation. Ask yourself if they’re about innovating one product at a time or do they suggest innovating multiple products? Do they propose innovating whole product lines? This is important because product lines are far more powerful than a single product. It’s time to think much bigger. It’s time to switch to product ¬line innovation and move beyond the single product view. Single product innovation is a thing of the past. To some, this sounds trivial. Read more […] Related posts: Eight Vital Facts about Product Line Strategies Roadmapping Your Product Lines

Product Portfolio Management – Picking Flowers in the Dark

by Paul O’Connor Project prioritization is difficult. As a result, senior managers who govern portfolios often make things up as they go. Why not? Somebody must figure what’s more important and what’s not. It might as well be whoever is looking at the bubble charts. There are two big challenges with figuring out project prioritization. First, product lines teams don’t share their strategies well. Plus, these same product lines tend not to have detailed roadmaps to carry out their strategies. Read more […] Related posts: Good Portfolio Management Includes Front-end Work I Had a Portfolio Management Epiphany

Understanding Product Line Strategy

by Paul O’Connor In my book and workshops, I lay out a strong framework for product line strategies.  I complement this with an easily understood lexicon. Together, the framework and lexicon are important to gaining greater impact from product lines. And they’re not just for product line teams. Let me explain why. Product line success in large companies demands many functions to work together. It’s not just the product line team’s work that matters. It’s also the work by sales, Read more […] Related posts: Watch On-Demand Webinar – Product Line Strategy Essence WHITEPAPER: Powerful Product Lines Strategies

How to Screw Up a Product Line

by Paul O’Connor When I began my career in product development a few decades ago, I simply didn’t understand how easy it is to screw up a product line. I was envious of those managers overseeing product lines. I thought managing established lines didn’t cause people to lose sleep worrying about how to develop and launch new stuff. They needed only to manage pricing, promotion and push on a sales force. Now, with much study and experience that accumulated into humility, I can say I was naïve. Read more […] Related posts: WHITEPAPER: Powerful Product Lines Strategies Multi-Generational Product Plans Vs. Product Line Strategies and Roadmaps

Product Versus Product Line

Roadmaps & Strategies There’s a major gap between product and product line thinking. By Paul O’Connor Stop for a moment. Do you know the difference between a product and a product line? Of course, you do. A product is a single offering with attributes that deliver benefit, satisfaction, and delight to customers. A product line is a group of products, each related to one another. Together, the products deliver sets of attributes. And attributes confer benefit, satisfaction, and customer delight. Read more […] Related posts: Eight Vital Facts about Product Line Strategies Multi-Generational Product Plans Vs. Product Line Strategies and Roadmaps

Eight Vital Facts about Product Line Strategies

By Paul O’Connor Interested in Product Line Strategies or Product Line Roadmaps? Eight Important Facts You Must Know Don’t expect one-off developments to beat competitors’ multi-generational plans. Being good at innovation and project execution won’t matter. Good product line strategies always trounce single-product strategies. Rolling up project plans into a single roadmap does little to make effective strategy. Teams must first address their product line strategy’s core. This Read more […] Related posts: Understanding Product Line Strategy Watch On-Demand Webinar – Product Line Strategy Essence

Lean Startups and Intrapreneurship Evade Core Challenges

By Paul O’Connor, The Adept Group Pick up any business publication, and you’ll see stories and articles on how organizations must innovate. The message is clear. Your organization’s health, your personal future, and our whole society depend on improving innovation. Good writing with good stories can make compelling arguments to support simple approaches. They stress helping and encouraging you to think “outside the box.” And they remind you not to be bound by your organization’s Read more […] Related posts: WHITEPAPER – The Extraordinary Benefits of Product Line Strategies and Roadmaps The Mindshare Battle in Product Development and Innovation Management