Treffer: Strategic Innovation Management: A Framework for Digital Product Portfolio Optimization

Title:
Strategic Innovation Management: A Framework for Digital Product Portfolio Optimization
Publisher Information:
International Scientific Journal of Engineering and Management
Publication Year:
2022
Collection:
Zenodo
Document Type:
Fachzeitschrift article in journal/newspaper
Language:
English
ISSN:
2583-6129
DOI:
10.55041/ISJEM0018
Rights:
Creative Commons Attribution 4.0 International ; cc-by-4.0 ; https://creativecommons.org/licenses/by/4.0/legalcode
Accession Number:
edsbas.40C859FB
Database:
BASE

Weitere Informationen

—This research introduces a framework for managing digital product portfolios in rapidly evolving markets. By examining the intersection of strategic management and digital innovation, we present a structured approach to portfolio optimization that enhances value creation while minimizing technology risk. The study draws on real-world implementations across multiple industries, demonstrating how organizations can effectively balance innovation initiatives with resource constraints. Our findings reveal that organizations implementing this framework achieved a 40% improvement in portfolio performance and significantly reduced technology risk. The paper provides practical guidelines for executives and product leaders to evaluate, prioritize, and optimize digital product portfolios while maintaining strategic alignment with enterprise objectives.