Featured Blog Post
Strengthening the Innovation Value Chain
By: Cathy Liggett, Director of Sales, Portfolio Management Solutions
Our Customers can connect strategic planning with market and business opportunity definitions.
When Innovation Teams fail to deliver on their promises, the most frequent explanation is that the strategy was wrong. But the strategy by itself is not often the cause. Strategies most often fail because they aren't executed well. Either the team isn't capable of making them happen, or the leaders of the organization misjudge the challenges their teams face in the market place, or both.
The right portfolio and capacity planning tool will allow strategic planners to examine multiple scenarios and predict the probability of success within a set of given budgets, constraints and thresholds. Typically, strategic planners throw these guidelines over the fence to those responsible for identifying and defining market and business opportunities within their portfolio. If the strategic planning team shares the executable model developed while creating the strategy with the portfolio management team, the strategic vision can become "our" vision instead of "their" vision.
Click here to read Cathy's complete post on the ProModel Blog.