Product Portfolio Management: Report Writing - Management Assignment Help

Assignment Task:

Task:

1. Describe the current Strategic Intent of Your Business/Product and discuss how your learning would change that [10% ~300 words] Strategy deployment depends on aligned culture and behaviours. Organisations must continually revisit the question: “What is our purpose and how can we organise to increase our long-term potential and that of our customers and employees?”
Craft your narrative under the headings below describing the current state along with suggested improvements based on your learning.

2. Populate and refine your Innovation Portfolio Map [40%]
High performance organizations focus on building capability to continuously move initiatives through their portfolio from Explore to Retire. They understand that using the same strategy, practices and processes across the entire portfolio will result in suboptimal outcomes. Populate your current portfolio map. For each initiative, indicate how it might be started, stopped, or pivoted to meet your strategic objectives, and why (10% ~200 words)

See blog post: https://barryoreilly.com/explore/blog/lean-pmo-managing-the-innovation-

portfolio/
Questions for consideration (30% ~900 words):
1. What framework does your organization use to manage your innovation portfolio? Is it evidence or opinion based? Critically analyse the current approach and list your recommendations for improvement.
2. Draft outcome-based measures of success for each domain: Explore, Exploit, Sustain and Retire.
3. Is the ratio of investment/resources in Explore, Exploit, Sustain and Retire intentional or accidental? Suggest how resources might be allocated to achieve the strategic objectives outlined earlier?
4. How does leadership ensure that investments in each domain are nurtured, and that the necessary transitions between domains are well managed?
3. Identify a Product’s key outcome and create an impact map (10%) Reflect briefly on

Postgraduate Diploma Product Management
Assignment 5: Product Portfolio Management: Due March 1st the approach and how it might influence product management team communications with stakeholders (~100 words)
Reference ‘Nike 2.5% faster marathon’ impact map.

4. Identify the one initiative from the Explore domain of your portfolio, create: 1) a Hypothesis statement and 2) an Experiment to test it (10%)
We believe that < performing this initiative >?
Then we will < achieve this result > ?
We will know this is true < measurable outcomes not outputs >
See: https://barryoreilly.com/how-to-implement-hypothesis-driven-development/
5. Using the discussion board facility on Brightspace, critically analyse the role of portfolio management within the product management domain. Address the landscape, discuss critical issues in the literature, review the influence of the business’ context and prevailing assumptions, summarise your perspective (revised or affirmed) and conclude with consequences and implications for your future product management practice.
(30% ~1,100 words)
Again, keep in mind that the objective of this exercise is to embed and share your learning. Note that once submitted, your discussion is accessible to your peers. You cannot access others’ posts prior to submitting your own.

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