software Archives - Enrich Consulting

11 09, 2020

Introducing the Enrich Pipeline Explorer

By Rich Sonnenblick|2021-09-24T14:15:08-08:00September 11th, 2020|Blog|0 Comments

Successful innovation groups are always looking for easy ways to broadcast R&D portfolio initiative status to the broader organization. Today we’re officially rolling out the Enrich Pipeline Explorer as a frictionless way for teams already using the Enrich Analytics Platform to share critical project information with their colleagues. With Pipeline Explorer, teams can offload the barrage of questions about project and portfolio timing, status, and risks, providing colleagues with access to an easy-to-navigate application that instantly answers all their questions.

Whether staff are looking for information on a specific initiative, want to browse projects by division or technology platform, or want to create a report via PowerPoint or Adobe Acrobat, the Pipeline Explorer is a one-stop solution.

Take a deeper look with the video below. Contact us to learn more.

Single Source of Truth, Make Way for a Single Source of Understanding
Gallery
Single Source of Truth, Make Way for a Single Source of Understanding

Blog

18 06, 2020

Single Source of Truth, Make Way for a Single Source of Understanding

By Rich Sonnenblick|2020-06-18T04:47:28-08:00June 18th, 2020|Blog|0 Comments

Make way for ducklings and for a single source of understanding (apologies to Robert McCloskey)

In my last post I covered the essential attributes of an effective single source of truth—a consolidated, reliable source of project information. But simply collecting project details into a centralized vault is not enough for effective R&D decision making. Your single source of truth needs to become a single source of understanding. A single source of understanding moves beyond the (admittedly already ambitious) single source of truth to

Drive consensus on what you do and do not know about the cost, risk, and value of your initiatives
Resolve (not just surface) disagreements
Go beyond “what is” and highlight “what’s changed” since the last discussion
Support conversations around available options and their impacts

Is there really a single truth?

It is a cruel irony that you can create a single source of truth, but there is no single truth. Business is fraught with uncertainty, and no one truly knows whether an innovative product will meet engineering specs, cost constraints, customer requirements, or sales expectations. (more…)

2 05, 2018

Introducing BEAM

By Rich Sonnenblick|2018-05-02T08:46:47-08:00May 2nd, 2018|Blog|0 Comments

A few years ago Beau Bush of Ozmosi and I were assessing tools for competitive intelligence in life sciences. Despite the crowded field, we felt no one had ‘cracked the code’ and provided the ultimate experience for exploration and analysis of global clinical trials data.

Today I’m super excited to share BEAM with you, our cloud-based clinical trials database and analysis tool, co-developed with Ozmosi. We see four key benefits to BEAM over existing products: (more…)

11 09, 2017

Scenario Analysis is Easy with Enrich Analytics

By Rich Sonnenblick|2018-03-04T22:34:54-08:00September 11th, 2017|Blog|0 Comments

In our latest video, we showcase how easy it is to compare projects and portfolios with Enrich Viewport and the Enrich Analytics Platform. The video covers:

When scenario analysis should be used
How to compare projects head-to-head
How to compare portfolios head-to-head
Using a waterfall diagram to summarize differences between two portfolios
Tricks for selecting and deselecting subsets of a portfolio

Even longtime users of Enrich Analytics will benefit from the tips outlined in the video. We look forward to your comments!

PS: Looking for more on scenario analysis? Check out these related blog posts:

17 02, 2016

7 Views of Project-Portfolio Variance

By Rich Sonnenblick|2017-05-23T15:41:59-08:00February 17th, 2016|Blog|0 Comments

Knowing the current cost and estimated value of every initiative in your portfolio is nice, but when executives meet for a review, what they really want to know is: What’s changed since the last review, was it good or bad, and why?

The above is true whether a month, a quarter, or a year has passed since the last review; looking at what has changed is one of the fastest ways to communicate portfolio health and progress towards strategic goals. It also builds trust in the portfolio process: executives remember where you left off with them, and starting from that same point establishes a feeling of continuity and stability.

In this post I’ll share different methods for communicating variance. These methods have different use cases, but they all riff on the idea of variance. My examples will come from our cloud-based offering, the Enrich Analytics Platform, but you could build similar views by hand in Excel or other self-service BI tools.
(more…)

27 01, 2016

Why Choose Enrich Analytics over Traditional BI Tools?

By Rich Sonnenblick|2017-05-23T15:42:00-08:00January 27th, 2016|Blog|0 Comments

R&D teams often try to compare our offering to the many visualization/business intelligence tools available today. At conferences and sales calls, we hear some variant of: “Why should I use Enrich when we already have a site license for Tableau (or Spotfire, Qlik, Cognos, or another BI — business intelligence — tool) at my company?” Were you thinking something similar? Then this blog post is for you!

Tools like Tableau focus on data exploration, and allow you to build various charts to explore a dataset. They are general tools that allow you to construct bubble, bar, and line charts (and many others). However, by themselves, they aren’t up to the more specific, more demanding tasks involved in portfolio management.

If you review the essential activities associated with portfolio management in the diagram below, it will quickly become clear that portfolio management is about more than data exploration. The Enrich Analytics Platform is uniquely suited to provide the analytical, information management, and visualization capabilities necessary for confident, real-time portfolio management.

(more…)

1 01, 2014

Bubble Builder: A Free Online App

By Rich Sonnenblick|2017-05-23T15:42:01-08:00January 1st, 2014|Blog|0 Comments

Happy New Year from Enrich!

Looking for a way to create life-cycle and annotated bubble charts from your portfolio data set? Bubble Builder is a free online app from Enrich that you can use to create bubble charts quickly and easily. Just paste your data from Excel directly into your browser and click the ‘Chart Data’ button. You can select the data columns to use for each axis, as well as for bubble size and bubble color. Additional controls let you

annotate the chart with a label for each item,
overlay the chart with median values,
sum items in each category,
fine tune the axis ranges, and
sum data for items in each category.

Create charts like this in seconds with Bubble Builder

With Bubble Builder, you can build traditional bubble charts as well as ‘category’ bubble charts (like the one pictured on the right) that use data fields such as ‘Program Status’ or ‘Program Phase’ to classify your projects. These types of charts have long been the bane of portfolio analysts, because they can’t be built easily in Excel but are in high demand by executives.

(more…)