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What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance.

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Should a Head of Product Make Strategic Product Decisions?

Roman Pichler

Listen to the audio version of this article: [link] The Head of Product Role in a Nutshell A head of product manages a group of product people —individuals who look after one or more products and who may be called product managers or product owners. This avoids the risk that the head of product becomes a bottleneck or overworked.

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Six Types of “Product” Owners

Roman Pichler

The term product owner is commonly used to refer to six different product roles in my experience. A feature owner who manages a major capability with which end users interact like search and navigation on an online retailer’s website. Portfolio Owner. An example of a product portfolio is Microsoft Office.

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The Strategy Stack: Connecting Business, Product, and Technology Strategy

Roman Pichler

These are the business strategy , which is also referred to as corporate strategy , the product portfolio strategy , the technology strategy, and the product strategy , as well as the product roadmap , the technology roadmap, and the product backlog. Click on the picture to download the stack.

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Roles and Responsibilities of Business Owners in SAFe®

Agilemania

This means there should be a significant change in the traditional management mindset. Instead of directly supervising work by assigning tasks and activities, managers lead by establishing a mission and vision. References: scaledagileframework.com and SAFe® Business Owner video. Who are Business Owners?

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What Is The Role Of A Product Manager In SAFe®?

Agilemania

SAFe® refers to a combination of these agile teams as an Agile Release Train (ART). Because the program level connects business strategy and product development, it’s no surprise that most product management activities reside here. Portfolios. SAFe® Lean Portfolio. Management (LPM) Training. PSM-II) Training.

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Building High-Performing Product Teams

Roman Pichler

Figure 2: Roman’s Goal-Setting Framework with Product Management Artefacts The goal-setting framework shown in Figure 2 suggests that a product team needs four different objectives: a product vision, user and business goals, product goals, and sprint goals. Let’s take a look at them.

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