This PPT slide, part of the 30-slide 5 Ps of Purpose PowerPoint presentation, presents an overview of the Product Portfolio Strategy, emphasizing the alignment of products and services with the company's Purpose. It outlines a structured approach to ensure that offerings resonate with the target market while fulfilling stakeholder expectations. The initial focus is on the alignment of the business portfolio with the overarching Purpose of the organization. This step is crucial for companies looking to refine their existing product mix rather than starting from scratch.
The slide highlights that companies may face challenges in reconfiguring their portfolios, especially if they have established products that do not align with the new strategic direction. It suggests a two-step process: first, aligning the portfolio with Purpose, and second, evaluating and potentially removing products that do not fit this alignment.
Key actions are outlined, including rethinking the product portfolio, which may involve discontinuing certain products while introducing new ones that better reflect the company's Purpose. Adjusting pricing strategies to align with this Purpose is also recommended, ensuring that the value proposition is clear and compelling to customers.
The slide emphasizes the importance of continuous evaluation of the portfolio against common criteria, which can help organizations remain agile and responsive to market changes. This approach not only enhances product relevance, but also strengthens the connection between the company’s offerings and its core mission. Overall, the content serves as a strategic guide for executives aiming to align their product strategies with their company's Purpose effectively.
This slide is part of the 5 Ps of Purpose PowerPoint presentation.
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Purpose Vision Statement Value Proposition Agile Portfolio Strategy
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