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Enterprise innovation management vs project portfolio management

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Mike Bauer is Sopheon's Chief Product Officer, responsible for Sopheon's product vision and roadmap, overseeing product marketing, user experience, and product management. He has more than 30 years of experience building and leading cross-functional teams and organizations to bring new products and companies to market. He has worked across industries focusing on enterprise software, data communications, connected products/IoT, sensor analytics, marketing automation, Big Data, IT, and embedded systems. He has a Bachelor of Science in Electrical Engineering degree from Ohio State University and a Master of Business Administration degree from Harvard Business School. Mike joins me today to discuss Enterprise Innovation Management (EIM) and Project Portfolio Management (PPM). He shares insights from relearning product innovation and lifecycle management, including core roles that exist regardless of the product. Mike explores aspirational roles and decision-making across portfolio, project, product, strategy, and ideation. He defines EIM and PPM, revealing their differences and similarities. Mike also offers career advice for people looking to enter product management and highlights where he thinks the professionals will be in five years.

"The notion of product management is becoming a much more specific term." - Mike Bauer

 

This week on Innovation Talks:

  • How Mike got into innovation and product management with Hewlett-Packard
  • Using the "jobs-to-be-done" framework and taking a step back to relearn product innovation and lifecycle management
  • The core innovation and product jobs: aspiration, product portfolio management, project and resource management, and idea management
  • Informed stakeholder and decision making roles across strategy, portfolio, products, projects, and ideas
  • Defining Enterprise Innovation Management and Project Portfolio Management
  • How product management is becoming a professional career
  • Mike's career advice for people entering product and project management
  • Where project management will be in five years and unlocking the different ways to go to market
Resources Mentioned: Connect with Mike Bauer:

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