Navigating the Dashboard Minefield to Improve R&D Portfolio Management
The use of dashboards has been spreading throughout organizations. From tracking manufacturing performance to the latest sales numbers, dashboards aim to provide a quick, comprehensive snapshot of how well an organization, business unit, or project is performing.
As R&D Portfolio Management processes mature within organizations, they evolve from once-a-year budgeting activities to evergreen processes that support multiple levels of decision-making throughout the business calendar. For example, many companies leverage their Portfolio Management function to provide monthly updates on the status of the portfolio. These may include: