Managing your biggest black hole in product development: Resource Management

A common theme we hear from our clients: “I don’t know if we’re working on the right Product Development (PD) projects, and I keep hearing that projects are late because we don’t have enough resources. The solution to every problem seems to be ‘Give me more people,’ but …”

Link Strategy to P3: Pipeline, Process, Portfolio

We have encountered companies struggling with the implementation of their strategies because there is no clear linkage between strategy and execution. The approach we have seen work best includes linkages between strategies and the design and implementation of the P3  (pipeline, product development process, and portfolio management system). PIPELINE New-product ideas are identified and vetted during […]

Is Portfolio Management More Important Than Strategy?

We recently received an email containing the statement that ‘portfolio management is more important than strategic planning.’ The email went on to imply that an organization can be successful without a strategy, that is, if they have a good portfolio management system. This sounds like putting the cart before the horse, the shot before the […]