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The rate of technology and market change today is staggering. Yet, too many companies lack a Portfolio Management process that enables them to respond effectively to such shifts in markets and in the labs.
We have advocated two systems for managing your company’s early stage product innovation activities. The first is a yearly planning process that ties the company’s vision to a strategy, and provides roadmaps that drive the annual budgeting process.
Organizations are failing to take a stake in improving product development productivity, a core process that is the engine of top-line growth.