Product Portfolio Management is a comprehensive approach to creating, releasing and managing in market products in alignment with your corporate goals. Plan the right product portfolio, build the right products, and collaborate across the enterprise.
…with the right capacity allocations. Leverage business data and planning workflows to ensure that the right level of investments are planned in the right products. Balance work on new products with work on product enhancements.
Optimize for flow and repeatability across the product design and delivery cycles. Use workflow automation and achieve visibility into all activities required to go from ideation to delivery.
Manage communications and collaborations with all the teams involved in successful products. Capture ideas, requirements, and performance metrics with input from internal stakeholders, share documents and data with external partners.
Don’t miss out on the next big idea.
Innovation can come from anywhere. To foster innovation teams must be able to collect, vote and prioritize every new idea. In many cases, it’s consolidation of multiple ideas that generates winning products. Engage your teams and empower out of the box thinking to drive innovation across the Enterprise.
New and existing products must fit within the context of your customers’ needs, the market, and your enterprise budgeting.
Horizon-based portfolio analytics and modelling enable the planning of products based on customer value, strategic capacity allocations, and financial data.
Continuously review the backlog of features and new product requests, re-prioritizing them based on market analysis and shifts in strategy
Define releases, organize your team and work to establish cadence that supports a continuous cycle of delivery activity.
Use work management tools to help teams optimize flow when building products. Integrate with other work management tools favored by your teams.
Bi-directionally connect your portfolio to agile tools such as Microsoft Azure DevOps and Jira to manage backlogs and sprints.
Enable these teams to work in the tools they need while providing the information you need to effectively manage the Portfolio.
Define the unique journey for each product, aligning it to strategy and capturing resource and budget requirements.
View and manage each roadmap individually and collectively to fully understand the interdependencies within the portfolio.
Sofia GPT, an OpenAI chatbot can help you optimize your Product Portfolio Management.
With Sofia GPT, you can streamline your product portfolio planning, increase the productivity of your team, and improve your bottom line.
Sofia GPT can help you identify the most profitable products, align your portfolio with your strategic goals, and ensure that your team is working on the right projects at the right time. The chatbot can provide you with insights into your product portfolio, enabling you to make data-driven decisions.
With Sofia GPT, you can track the progress of your product portfolio, view project timelines and status updates, and prioritize your products based on their profitability and strategic value. You can also monitor your portfolio performance in real-time and adjust your strategy as needed.
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