“There is nothing so useless as doing efficiently that which should not be done at all.” —Peter F. Drucker
In This Chapter
This chapter describes the approaches for selecting products and how to size them for creation and enhancement. The challenge is to select projects well so that the organization realizes the greatest return on investment (ROI) possible and provides high-quality, sustainable products. To achieve this, organizations use some form of product-portfolio management. We explore some of that approach’s shortcomings (delays, staleness) and offer a better one—one that uses Lean thinking.
Key insights to take away from this chapter include the following.
• The Lean product portfolio ...
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