Product and Portfolio Management includes all aspects of planning and managing your product and services portfolio, allowing your business to take control of its future growth in line with your business strategy. Strategic market, product and portfolio roadmaps, informed by consumer and customer insights, drive detailed product and portfolio planning and execution activities.
These include the ideation and management of the innovation funnel, product development and launch, programme and project management including stage and gate processes, resource management, portfolio management, and product lifecycle management.
You are scrambling to launch products on time
You are missing launch dates and key project milestones
Business cases for new products are not being met
Ownership of your product portfolio is unclear
It is unclear which products are most important
You need to reduce new product time-to-market
Your product list growing but nothing is ever removed
Retail customers are not ranging your new products
You are losing out against competitors’ offerings
Your product management processes are poorly integrated with your demand and supply management processes
A diagnostic assessment of your current Product and Portfolio Management processes, including identifying the root cause of any performance issues
Transfer our knowledge to your people so they can apply an effective Product and Portfolio Management process to your business
Assessment and validation that your Product and Portfolio processes have achieved Class A level of effectiveness – firmly embedded as ‘the way you do things’ and delivering the benefits you wanted
Scoping an action plan to address issues and take advantage of the opportunities identified including resourcing, timelines and performance improvement expectations
Facilitate design of a Product and Portfolio Management process to best fit your organisation and its needs
Change Management – monitor and support the implementation of changes and its impact on your people
Coaching Product and Portfolio process users as you introduce the new ways of working
One hundred and fifty senior managers assembled for the inaugural Oliver Wight conference held in Melbourne on 24-25 February 2015.
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