How to Build an Effective PPM System
Implementation of an effective product portfolio management (PPM) system does not have to be difficult; however, a methodical approach such as PPM in 100 Days can lead to a successful deployment of the product portfolio management system. Outcomes of utilizing product portfolio management will benefit innovation for a long time to come in any company.
Five phases of work can help any firm revitalize or first establish an effective product portfolio management system in just 100 days. Phases are designed to understand what mechanisms are already in place, what gaps exist with best practices, experimentation to “right-size” the process for your firm, and rollout across the organization.
Yes, 100 days is a short time, but following this simple process can allow your company to compete with faster time to market, higher value selection of projects, and manage new products consistently.
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