Product portfolio management – Targets and key performance indicators for product portfolio renewal over life cycle

Abstract

a b s t r a c tThe main purpose of this study is to widen the scope of product portfolio management (PPM) targets and key performance indicators (KPIs) to cover all phases of the product life cycle. Earlier research mainly covers PPM performance management within new product development (NPD) life cycle only. In addition, current challenges relating to PPM performance management over product life cycle are studied.The research method includes current state analysis based on both a thorough literature review and analysing ten case companies that represent hardware (HW), software (SW), services and solutions type businesses. The contribution is discussed and validated by a focus group consisting of all the case companies before making final conclusions.The principal results of this study include the potential framework for managing product portfolio renewal over the entire product life cycle based on strategic, tactical and operational performance measures. The PPM performance management, its business impact and connection to business processes and performance management dashboard are discussed.The role of PPM as a means of executive level dynamic performance management and decision making sets further questions for researchers' for systematic product portfolio definitions, governance models, processes and tools over product life cycle.

Building a bridge between performance management, radical innovation, and innovation networks: A systematic literature review

“…While our bibliometric analysis indicates that the body of knowledge on the performance management of radical innovation networks is dispersed and fragmented, we employed content analysis to propose (2015); Tolonen, Shahmarichatghieh, Harkonen, and Haapasalo (2015); Zehir and Özşahin (2008) Radical innovation 2 Agostini, Nosella, and Fillippini (2016); Oke et al (2007) (1) and (2) In developing our conceptual framework (for more details, see Section 3.2), we adopted an approach similar to that employed by Eggers and Kaplan (2013). We started by developing a standard model for performance management networks based on current literature (papers included in our sample).…”

Green Product Development and Product Portfolio Management: Empirical Evidence from an Emerging Economy

“…Despite the intensification of studies on GPD, recent research suggests that little attention has been given to integrating environmental sustainability in product portfolio decision‐making (Brones et al , ; Brones and Carvalho, ). In this vein, the work of Tolonen et al () notes that analysis tools such as lifecycle are still rarely used when referring to the product portfolio issue. In this regard, some research points to the importance of environmental analysis in guiding a firm's project portfolio (Brones et al , ; Carvalho and Rabechini, ; Marcelino‐Sádaba et al , ; Sánchez, ).…”

“…Empirical and theoretical research also indicate that a rational and more formal approach to portfolio management tends to improve the NPD performance (e.g. Ernst, ; Hart et al , ; Kahn et al , ; Jugend and Silva, ; Tolonen et al , ). Furthermore, Kahn et al () noted that the application of formal methods of management associated with PPM increases the maturity of NPD management.…”

Gestão De Portfólio De Produtos E Ecodesign: Uma Proposta De Integração

“…Pesquisas recentes (ROSSI et al, 2016;BRONES et al, 2014) também têm destacado que por gerarem impactos ambientais e que perpassam todo o seu ciclo de vida é relevante que a escolha de portfólio de produtos considere também a inserção de aspectos ambientais (BRONES; CARVALHO, 2015;TOLONEN et al, 2015). Especificamente a gestão de portfólio pode favorecer a sustentabilidade ambiental das firmas, porque pode representar o processo responsável pela escolha dos projetos de produtos que devem estar alinhados aos objetivos organizacionais.…”