New How-To Video: Portfolio Optimization
In previous posts, I’ve discussed how to prioritize your portfolio of R&D investments in great detail. Today, I want to focus on prioritization’s flashy sibling, optimization.
Unlike simple prioritization schemes, optimization methods can handle multiple constraints to address competing portfolio objectives. So where a prioritization result may unduly favor later stage, less innovative projects, an optimization will suggest a more nuanced investment plan. In addition, optimization methods easily handle dependencies between lead and follow-on projects and can consider multiple development and go-to-market plans for key initiatives.
This video will take you through the whys and hows of portfolio optimization. We’re using the Enrich Analytics Platform to accomplish the optimization and scenario analysis in a way that lets us easily explore both portfolio-level implications as well as the project-by-project trade-offs suggested by each investment plan. (more…)