A variety of sources offer disheartening statistics on the rates of new product failures. Depending on industry and source, failure ranges from 70-95%. Given these findings, it is apparent that many organizations lack the ability to identify winning ideas. Therefore, understanding how to assess which products are market-worthy, and how to prioritize them to justify resource allocation is critical to the product organization’s success. Join us for our IM Channel One Ask the Expert Q&A on April 25, and walk away with tangible ways to collect and assess winning ideas and analyze them effectively to prioritize the right ones against available resources – both people and money.
In this live IM Channel One Ask the Expert Q&A hosted by Planview, you will learn how to fill your pipeline with winning ideas that fit your capacity and how to avoid finding yourself experiencing one of the top pain points of many product developers, i.e. “Too many projects for our resources”.
|April 25, 2013
|5:00 PM Central European Time
8:00 AM US Pacific Time
11:00 AM US Eastern Time
Find your local time here.
Moderator: Linda Roach, Vice President, Planview
Carrie Nauyalis, New Product Development Solution Evangelist, Planview
Kristen Jordan Fotter, Innovation Consulting Leader with Brightidea.
Topic focus: Product organizations often fill their pipelines with more ideas than their budget and resources can handle because they lack the means to identify and prioritize the winning ideas. The result is that most organizations have too many projects for their resources and miss opportunities to develop the products that will gain them market share.
Top three pain points to be addressed
- Challenges gathering and identifying winning ideas
- Inability to analyze these ideas against budget and available resources
- Ineffective metrics or lack of metrics to successfully prioritize ideas in the pipeline
Expected insights from the session
This session will help innovation practitioners:
- Learn how to effectively collaborate across the organization and with customers to efficiently collect and assess winning ideas
- Discover best practices for analyzing ideas against budget and available resources
- Understand the metrics used to successfully prioritize ideas
Join us on April 25th to learn more about how to fill your product development pipeline with ideas that fit your capacity and resources. Please note that the number of guests is limited and participation is free of charge.
Planview develops and delivers portfolio management software for the enterprise. We partner with customers to help them optimize their two most precious resources, — people and money — to execute with their product strategy and deliver innovative, profitable, and differentiated products to market on time and on budget. Our solution supports the entire product lifecycle; helping organizations collect input from customers, prioritize the best product portfolio, build the product roadmap, and manage the execution of bringing those products to market. Learn more at planview.com/proddev.
About the Experts
Photo: Idea Concept from Shutterstock