Why the ‘Whole is Greater than the Sum of Parts’ in Portfolio Management - PART 2

Innovation Talks

Huub Rutten is the co-founder and Vice President of Product Research and Design at Sopheon. Huub has over 20 years of experience in language management and holds a Master’s degree in Applied Linguistics from Radboud University in the Netherlands. He plays a pivotal role in developing Sopheon’s linguistics and knowledge management technologies and leads the organization into solutions for innovation. Huub integrates his expertise in linguistics and information technology to innovate language management technology within knowledge-intensive business processes and has recently created an in-depth course on innovation portfolio management.

Huub joins me today to discuss managing, governing, and balancing an innovation portfolio. He explains why there is no “ideal” portfolio and how the most desirable portfolio is relative to the regional market sector someone is going for. He describes why developing and investing in production and manufacturing plants is as critical in innovation as product research and development. He underscores why larger companies need to create an innovation management council within their organization. Huub also highlights the importance of bridging the gaps between product portfolios and production portfolios and understanding how they impact each other.

“The simplicity of looking at a portfolio as a series of projects is ridiculous. If you want to add value from a portfolio management perspective, you have to connect with its complexity.” - Huub Rutten

This week on Innovation Talks:

● Huub’s thoughts on innovation portfolio balance

● Thinking about an innovation portfolio as a “living” business object in itself

● How the direction of a company’s innovation portfolio demands a continued SWOT analysis

● Innovation management in production processes and technology

● Investing in manufacturing and production plants

● Balancing a portfolio of portfolios

● Bridging product and production portfolios

● Creating an innovation management council within a large company

● How people are reacting to Huub’s courses on portfolio management

Related Episodes:

● The Importance of Sprint Portfolios with Huub Rutten

● Pillars of Portfolio Management with Huub Rutten

Connect with Huub Rutten:

● Huub Rutten on LinkedIn

This Podcast is brought to you by Sopheon

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