Does Your Portfolio Team Feel Like a Fight Club?

6 Steps to Better Portfolio Management 1. Have a standing cross-organizational portfolio team: A Portfolio Analysis and Recommendation Team (PART) with a structure, process, cadence, measures, metrics, and portfolio goals will create an efficient and credible environment for portfolio issues to be managed. 2. Define product line strategies: With organization and management input, define product line strategies within the portfolios so they are clear to the organization and the team.  Without Read more […] Related posts: Breaking Through the Ceiling of Your NPD Portfolio Capability Maturity Model for Portfolio and Pipeline Management

Roadblocks, Roadmaps and Moving Beyond Metaphors to True Innovation Success

Many companies truly aspire to be innovative. They talk about driving innovation, or delivering on the promise of innovation, or speeding innovation. Yet, trying to be innovative – regardless of how compelling the case and the rhetoric – without an execution plan tied to strategy, is a huge roadblock to success. Although a product line roadmap paves the way (had enough of the highway metaphors yet?!), most companies have struggled to implement a truly comprehensive roadmapping practice. However, Read more […] Related posts: The Profound Impact of Product Line Roadmapping On-Demand Webinar: Why Is It So Hard to Get Traction with Product Line Roadmapping?

Help! My NPD Process is Stuck in the 80’s

Your NPD process is stuck in the 80s when… Your organization still calls it ‘stage-gate’. Your portfolio of projects consists of an Excel™ spreadsheet. Projects get into the process and never get killed. Concepts are generated from random brainstorming or are management pet projects. Your product line roadmap is a PowerPoint™ that someone from marketing created. So, why are you stuck? The gated process is considered by many practitioners to be mature in its lifecycle. Read more […] Related posts: Front-to-Back New Product Development Process Design, Deployment and Alignment NPD Process Implementation: Sub-processes and Full Architecture

Portfolio Management Makes Way for Product Line Roadmapping

Product line roadmapping has portfolio management to thank for its emergence as a needed new product development (NPD) process. While the maturing of the stages and gates process revealed the need for portfolio management, the maturing of portfolio management has demonstrated that continuously enlarged economic gains from portfolio management are quite difficult to achieve. Often, once organizations realize initial notable gains from good mix management and project throughput management, getting Read more […] Related posts: The Profound Impact of Product Line Roadmapping Maturing NPD Practices Beget New Processes