New rules for utility portfolio management with data analytics

How utilities are becoming more innovative Most posts on this blog describe innovation portfolio management. Portfolio’s of innovation ventures, new product & business development projects, and R&D require frequent updates. In the past two years, I have also witnessed the dynamics of other portfolio’s change, in more traditional sectors such as real estate and utilities. In… Read More New rules for utility portfolio management with data analytics

The end of PPM as we knew it, and what’s next?

Finally In 2014 we have seen confirmation that portfolio management (PFM) is a process and a discipline in itself, and not an add-on to Project and Program Management (PM). Although a lot of important knowhow and best practices are gathered under headings such as P3M (Project, Program, Portfolio Management), the implicit grouping of these topics… Read More The end of PPM as we knew it, and what’s next?

Three ways to ruin new business programs

Business innovation as the growth option In today’s search for growth, most organizations realize the importance of developing new business. Without growth, there is very little room for development, and growing through acquisitions is at best imperfect, especially in terms of value creation. The main challenge of today’s enterprise is not whether to focus on both running the… Read More Three ways to ruin new business programs

Putting a value on innovation: the CFO perspective

The growing importance of innovation requires new ways to value the R&D asset and project portfolio. Novel tools offer the right combination of actual costs, risks, and business case forecasting for the CFO to do this. This leads to improved decision-making about innovation as investment. CEO’s and CTO’s agree with this view In a recent global… Read More Putting a value on innovation: the CFO perspective

Science update: how to kill bad projects

Sometimes, it is comforting to see scientific confirmation for lessons learnt in practice. This happened for portfolio management in the March 2014 issue of the Journal of Product Innovation Management (JPIM), one of the most renown research journals in this domain. German researchers Behrens and Ernst found the best way to support “kill” decisions for… Read More Science update: how to kill bad projects