Product portfolio

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…a complex multi-product endeavor.

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A product portfolio and its corresponding management:

  1. maximizes value creation;
  2. aligns company strategy;
  3. reduces the overall risk level.

In more detail, a product portfolio:

  • helps scaling agile development;
  • shortens time to market due to less thrashing;
  • focuses and aligns all forces;
  • makes prioritization clear;
  • moves the organization from a handover mindset to a “let's optimize the flow of value creation” mindset;
  • structures the way of starting initiatives and new product development;
  • shows a clear and visible overview of all ongoing activities, currently and in the foreseeable future;
  • provides the right amount and level of progress data;
  • helps the organization to make more informed decisions, considering the whole portfolio;
  • helps coordinating the work of multiple scrum teams;
  • manages cross-team risks and dependencies;
  • enacts the company vision;
  • handles the silos of knowledge and skills (if not already tackled by communities of practice);

Forces:

Therefore:

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