Product & Portfolio Management Consultancy

Drive growth and margin through effective planning and management of your product and service portfolio

Product & Portfolio Management Consultancy Services

Oliver Wight’s world-class portfolio management consultancy service is designed to help your organization optimize its portfolio management processes, ensuring they align perfectly with your unique needs and strategic objectives.

Our end-to-end transformation services can help you reinvent your offerings by understanding your customers' needs, harnessing organizational talent and IP across boundaries, boosting innovation with test-and-learn approaches, and enhancing customer experience through a closed-loop system. From strategic planning and portfolio management to agile product management execution, our consultants will work closely with you to develop a world-class product management capability.

We can support your business with the following: 

 

  • Facilitate design of a Product and Portfolio Management process to best fit your organization and its needs

  • Coaching Product and Portfolio process users as you introduce the new ways of working

  • Change management – monitor and support the implementation of changes and its impact on your people

  • A diagnostic assessment of your current Product and Portfolio Management processes, including identifying the root cause of any performance issues

  • Transfer our knowledge to your people so they can apply an effective Product and Portfolio Management process to your business

  • Scope an action plan to address issues and take advantage of opportunities including resourcing, timelines, and performance improvement expectations

  • Assessment and validation that your Product and Portfolio processes have achieved Class A level of effectiveness – firmly embedded as ‘the way you do things’ and delivering the benefits

Talk To A Product & Portfolio Expert

 

How mature is Your organization's true level of maturity in Product & Portfolio Management?

Before embarking on any performance improvement program, it is essential to identify your organization's true level of maturity. The Oliver Wight Maturity Model characterizes an organization as being in one of four key phases of maturity: 

  • Co-ordination
  • Business Process Control
  • Automation
  • Integration 

Assess your business maturity in Product & Portfolio Management using our free online self-assessment tool.

Assess Your Business Maturity

How you can benefit from Product & Portfolio Management

  • Increase the success rate of new product launches

  • Improve time to market and launch new products faster

  • Reduce inventory obsolescence associated with poorly performing product launches

  • Manage your product portfolio to eliminate and prevent the costly ‘tail’ of poor performing products

  • Balance the number of new product development (NPD) projects to available resources

  • Maximize the value of your portfolio to drive growth for your organization

  • Increase the visibility of changes to the product portfolio so that other business functions are ready to contribute to new product launches or product retirements

You should consider Product & Portfolio Management for your business if:

  • You are scrambling to launch products or services on time

  • You are missing launch dates and key project milestones

  • Business cases for new products are not being met

  • Ownership of your product portfolio is unclear

  • It is unclear which products are most important

  • You need to reduce new product time-to-market

  • Your product list is growing but nothing is ever removed

  • Retail customers are not ranging your new products

  • You are losing out against competitors’ offerings

  • Your Product & Portfolio Management processes are poorly integrated with your demand and supply management processes

How we can help

  • Facilitate design of a Product and Portfolio Management process to best fit your organization and its needs

  • Coaching Product and Portfolio process users as you introduce the new ways of working

  • Change Management – monitor and support the implementation of changes and its impact on your people

  • A diagnostic assessment of your current Product and Portfolio Management processes, including identifying the root cause of any performance issues

  • Transfer our knowledge to your people so they can apply an effective Product and Portfolio Management process to your business

  • Scope an action plan to address issues and take advantage of opportunities including resourcing, timelines, and performance improvement expectations

  • Assessment and validation that your Product and Portfolio processes have achieved Class A level of effectiveness – firmly embedded as ‘the way you do things’ and delivering the benefits

Customers' needs and expectations can change overnight. To keep pace, you need a product management strategy built for agility and responsiveness.

Investing in product and portfolio management consultancy can be a game-changer for businesses facing challenges in managing their product portfolios effectively. Portfolio management consultants can help you streamline processes, improve efficiency, and drive innovation, leading to a stronger competitive position and better market performance.

Product Portfolio Management Best Practices

Adopt the product portfolio management best practices below to enhance decision-making, optimize resources, and drive innovation:

- Define clear objectives and goals
- Develop a strategic roadmap
- Conduct regular portfolio reviews
- Prioritize based on value
- Balance risk and reward
- Optimize resource allocation
- Foster cross-functional collaboration
- Implement agile methodologies
- Leverage data and analytics
- Focus on customer needs
- Monitor market and competitive landscape
- Establish key performance indicators (KPIs)
- Plan for product lifecycle management
- Ensure clear governance and accountability
- Promote continuous improvement
- Integrate with demand and supply management.

Work with world-class product management consultants like Oliver Wight and we’ll help you implement all of these best practices to optimize your portfolio management.

Product & Portfolio Management Consultancy resources to help you improve


Workshops

White papers & case studies

Books

Videos & webinars

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Product & Portfolio Management Consultancy

Latest white papers & case studies

Deploying Strategy with Integrated Business Planning - The Portfolio Review

Discover why the first step in the IBP cycle - the Portfolio Review - plays an important role in deploying an organization's strategy.

The IBP advantage: a roadmap for marketing and product teams to collaboratively deliver success

In today’s dynamic business landscape, the role and integration of marketing and product teams has become a critical success factor in achieving organizational success. As businesses navigate ever-evolving markets and consumer preferences, the ability to

Integrating Product Management

One of the lessons to come out of the global recession is that effective management and control of the product portfolio are critical to sustained success. Regular innovation is vital for profitable growth.

Driving Excellence in Product Management

Establishing an excellent product management process requires integration of five primary process elements: strategy, product management, portfolio management, project management, and resource management.

Integrated Product Portfolio and Project Management: The art of new product demand planning

To ensure companies achieve the greatest value from their IBP process, the Portfolio Review must be effectively integrated with the Demand Review.

Healing Healthcare - transforming the drug life cycle

Big pharmaceutical organizations will tell you that innovation is at the heart of what they do. They all rely on robust research and disciplined development processes to bring new drugs to market in a cost­-effective way.

Product and Service Portfolio Rationalization

New products and services are vital to enable companies to open up new markets and attract new customers, by differentiating themselves from their competitors.

Product & Portfolio Management Consultancy

Latest videos and webinars

Oliver Wight Conference Highlights

Highlights from Oliver Wight's third annual conference in 2016.

Oliver Wight Event For Healthcare Leaders

Highlights from Oliver Wight's 2018 event for healthcare leaders

Brexit: What next for British companies?

With the future still full of uncertainty how can British companies plan ahead?

Brexit Conference Highlights 2018

Highlights from Oliver Wight's 2018 conference about the impact of Brexit on businesses and their supply chains.

Creating Organisations of the Future, Today

Highlights from our unique workshop which took place in November 2019, focusing on the future of Integrated Business Planning, known as Enterprise Business Planning.