Hi Community,
I’m excited to share the Quarterly Portfolio Review Template, an actual customer example of how Flow Metrics are used in Portfolio Reviews with Product Leads and Executives. This template provides a practical way to visualize and discuss progress, ensuring alignment and actionable insights at both quarterly and monthly intervals.
What’s New and Coming Soon
The current version is available now, but I’m excited to announce that the next version will be published shortly, featuring:
- Portfolio Flow Metrics Screen: A consolidated view of Flow Metrics across the portfolio.
- Waste Calculations: A deeper dive into areas of inefficiency to uncover opportunities for improvement.
- Enhanced Analysis: Including bottleneck identification, aging work trends, and Flow Metric trends to support more effective decision-making.
How This Template Can Be Used
- Quarterly Portfolio Review: Discuss portfolio-level trends with Product Leads and Executives to ensure alignment with strategic goals.
- Monthly Product Reviews: Dive deeper into specific product areas to ensure teams are staying on track and proactively addressing potential challenges.
Why This Matters
Flow Metrics provide a unique lens to evaluate work across the Portfolio, enabling teams to:
- Improve Outcomes for Employees: By identifying bottlenecks and reducing inefficiencies, teams can work more effectively and with less stress.
- Enhance Customer Value: Delivering more value faster and with higher quality leads to better customer experiences.
- Drive Business Success: Aligning work to business goals ensures resources are focused on the most impactful areas.
Common Challenges and How to Overcome Them
Starting a Portfolio Review process with Flow Metrics can feel daunting. Some common challenges include:
- Identifying Key Metrics: It can be difficult to determine which metrics matter most for your organization.
- Gaining Executive Buy-In: Demonstrating the value of these discussions is critical for engagement.
- Establishing a Cadence: Consistency is key to driving improvements over time.
By starting small, leveraging templates like this one, and iterating based on feedback, these challenges can be overcome. Once the process is established, performing these reviews becomes straightforward and immensely valuable.
Benefits We’ve Seen
- Clearer alignment across teams and leadership.
- Faster identification and resolution of risks.
- Improved team morale and customer satisfaction.
We’d Love Your Feedback!
- On the Template: Let us know what works, what could be improved, or what’s missing.
- On Your Portfolio Reviews: How are you using Flow Metrics in your Portfolio Reviews?
- On Challenges: Have you faced any challenges starting a review process? How did you overcome them?
- On Getting Started: If you’re new to Portfolio Reviews, what questions do you have?
To help you get started, we are happy to facilitate a mock portfolio review using your data. This can provide a hands-on example of how the process works and how Flow Metrics drive better outcomes.
Looking forward to your thoughts and contributions! Let’s learn and grow together.
Best regards,
Kate