Portfolio Management for New Products: Companies that achieve proven product performance time after time do so by optimizing their portfolio of investments.

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Portfolio Management for New Products (Second Edition)

Hard Cover

Product Innovators win in the long run by optimizing their Research and Development investments with a new product strategy, selecting the right new product projects and achieving an ideal balance of projects. Portfolio Management for New Products helps you understand how winning companies manage their Research and Development portfolios. Learn how to steer your company’s Research and Development investment to achieve a higher return.

Portfolio Management is the result of years of pioneering research by Dr. Cooper, Dr. Edgett and Dr. Kleinschmidt. This groundbreaking book is full of practical examples from actual companies’ portfolio management approaches, combined with the authors’ analysis of the methods.

It illustrates the subtle but important differences between the traditional methods of portfolio management for investments and projects versus the new approaches for the complex world of new products.

The book focuses on the critical challenges:

  • How to maximize the value of a portfolio
  • The need to develop a balanced portfolio
  • How to align your new product portfolio to strategy
  • What effective portfolio management really is
  • How to design and manage a world-class portfolio management process

"A must-read for the business executive concerned about improving the return from new product R&D. The authors do a great job of laying out the pros and cons of the latest methods for effective portfolio management and project selection, and show how to integrate them into a workable process."

Dr. Robert S. Wood, Director of Research Planning
Rohm and Haas Company

"A great book for anyone wanting to develop winning new products."

Charles S. Coffey, Executive Vice President, Business Banking,
Royal Bank of Canada

"Portfolio Management for New Products is the best source for how to start or perfect a winning new product strategy."

Thomas E. Chorman, CFO and Vice President, Finance
Worldwide Floor Products, Armstrong World Industries, Inc.


This book empowers you to look at "the big picture" and question whether you are meeting your new product goals. It presents a rigorous and practical approach to managing a company’s product portfolio. Portfolio Management for New Products is an essential resource for any company whose profitability, and very existence, relies on the products it develops and the speed with which it brings those products to market.



 
 
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