Services
Portfolio Management
Portfolio Management Metrics Evaluation
Are your project scorecards robust? Do new products projects advance on merit, or on politics? What is the new product project mortality rate? Is your new idea pipeline full? What is the balance of your NPD projects across market segments and technologies? What is the mix of NPD projects between breakthrough ideas, world-scale products, line extensions, and product or process improvements? Is your portfolio management process helping to move your organization to a strategically designed future state (link to strategy)? Are you using all of your resources in the most effective way possible?
Portfolio Management systems must pull together project selection and balance project types to ensure alignment with the Innovation Strategy under constraints of resource allocation. Systematically evaluating project match with resource balancing renders strategic investment decisions delivering the highest economic gain for the company.
One of the key foundational aspects to delivering a successful new product launch in the marketplace is delivering timely and efficient Portfolio Management reviews. Senior Management must focus resources on the right projects by evaluating each NPD project’s match with the Innovation and Business Strategies as well as financial and economic models among other methodologies.
Compare your company’s Portfolio metrics against a library of the Best. As your strategic innovation partner, we evaluate your existing PM metrics, tools, and charts alongside your company’s specific Innovation Strategy and New Product Market goals. We provide targeted suggestions for improving your Portfolio Management toolbox by taking a closer look at the messages communicated through different charts and graphs. As a result, your NPD Portfolio is better aligned with your strategy while your resources are allocated to deliver faster and more effective successful product launches.
