Review: How to prioritize your product portfolio when disruption happens (Planview)

This eBook starts by identifying the key characteristics of a disruption-ready organization and outlines four essential best practices for effective product portfolio prioritization amidst the backdrop of disruption.

Proactive product organizations need a portfolio management strategy with two key components:

An organizational mindset that allows them to adapt effectively in the face of disruptions:
- Organizational readiness
- Resilience
Suite of capability-driven best practices for effective reprioritization:
- Continuous portfolio reviews using real-time, connected data.
- Sharing highly visual scenario modeling and product portfolio roadmaps.
- Application of lean and agile practices.
- Technology investment to tie capabilities into a single source of truth and collaboration.

If I compare this with measures to become a more discovery-based portfolio management organization, I see several similarities and some missed opportunities to cope with disruption (see figure below from the book Agile Portfolio Management – The bridge to strategic agility)

Similarities:

Highly visual scenario modelling and roadmaps: Strategy changeability.
Continuous portfolio reviews using real-time, connected data: validation focus, decision-factors.
Application of lean and agile methodologies / accelerate innovation: execution mindset.
Learning and continuous improvement: improving portfolio management.

Missed opportunities:

Cycle-time/horizon: A faster heartbeat offers more opportunities to react.
Result orientation: Decline in delivered value could be a signal for possible disruption.
Decision making structure: business owners and POs are must closer to the external world and can bring potential disruption earlier to the portfolio table.
Execution flexibility: development process that offers more opportunities to react.

To download the article/eBook how to prioritize your product portfolio when disruption happens: https://info.planview.com/how-to-prioritize-your-product-portfolio-when-disruption-happens-_ebook_pi_en_reg.html