Portfolio decision-making genres: A case study

被引:51
作者
Kester, Linda [1 ]
Hultink, Erik Jan [1 ]
Lauche, Kristina [1 ]
机构
[1] Delft Univ Technol, Fac Ind Design Engn, Dept Prod Innovat Management, NL-2628 CE Delft, Netherlands
关键词
Portfolio management; New product decision making; Case study; PRODUCT DEVELOPMENT; NPD PRACTICES; DEVELOPMENT-PROJECTS; MANAGEMENT; BENCHMARKING; SELECTION; INNOVATION; DELETION; SUCCESS;
D O I
10.1016/j.jengtecman.2009.10.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article addresses the portfolio management practices and challenges of contemporary firms, Based on a review of the extant literature on project selection, termination and deletion decisions, we conducted an in-depth interview study with 19 key informants in 11 multinational firms. We identified three genres of portfolio management decision making: forma list-reactive, intuitive, and integrative. Each genre can be described by a unique set of portfolio management practices. For example, formalist-reactive firms rely on quantitative criteria while intuitive firms prefer qualitative criteria. In addition, each genre has to overcome a unique set of challenges. We discuss the three genres in detail and provide several implications for portfolio management decision making. (C) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:327 / 341
页数:15
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