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In today’s fast-paced business environment, the ability to quickly and accurately synthesize vast amounts of information is crucial. The Strategic Portfolio Management (SPM) Xanadu release says, gone are the days of labor-intensive manual analysis; now, organizations can leverage Now Assist for SPM to quickly distill multiple feedback items into concise summaries, accelerating the product development cycle and ensuring that every piece of feedback is effectively utilized. The multi-feedback summarization feature revolutionizes the way organizations handle customer feedback, transforming raw input into actionable insights.
Document management is another area where efficiency is paramount, and the document summarization feature in Now Assist for SPM addresses this need head-on. By enabling teams to quickly summarize, shorten, or elaborate on text, this feature makes information more accessible and manageable across the board. The result is a significant improvement in productivity, as teams can shift their focus from time-consuming manual document handling to more strategic tasks.
We know that strategic planning is a major key for any successful organization, and the new scenario planning experience enhances this process by providing adaptive and flexible scenario simulations. This tool allows organizations to explore multiple plan alternatives, facilitating trade-off analysis and ensuring strategic alignment. With the ability to compare scenarios side by side, decision-makers can accelerate the planning process, making well-informed choices that are backed by clear, data-driven insights.
Our last major update for Xanadu is the ability to export roadmaps to PowerPoint, which offers a powerful way to communicate strategic plans to stakeholders. This feature allows organizations to seamlessly export detailed, customizable roadmaps, thereby enhancing presentations and making progress tracking more visible. By providing clear, up-to-date timelines, this feature streamlines stakeholder communication, ensuring that everyone is aligned and informed. Whether you’re presenting to executives or collaborating with team members, this tool makes it easier than ever to share your vision and track your progress towards achieving it.
To get more information, review the release notes, then schedule a meeting and demo with your account team, or contact us here.
If you want to learn more about these features, check out the Strategic Portfolio Management community blog site. For more information on Strategic Portfolio Management, visit the product page.
More information on the extensive list of enhancements for SPM provided in Xanadu release below:
Now Assist for SPM
Multi-feedback Summarization
Quickly synthesize feedback with Now Assist powered feedback summarization to accelerate insights and build better customer-centric products.
- Enhance decision making with actionable insights, enabling product managers to make better informed decisions
- Boost efficiency by streamlining the feedback process, allowing for effective product development cycles
- Quickly synthesize multiple feedback items into a concise summary, reducing the time needed for manual analysis and work item creation
Docs: Summarize, Elaborate and Shorten
Transform document management and efficiency with text summary, elaboration or shortening to save time and ensuring effective communication across Strategic and Project planning workspaces.
- Quickly summarize, shorten or elaborate text, making information across teams more accessible and manageable
Scenario Planning
Enhance strategic agility by enabling portfolio managers to create, compare, and approve multiple plan alternatives, facilitating informed decision making and alignment with company goals.
- Empower decision-making process by creating multiple plan alternatives for trade-off analysis and strategic alignment
- Accelerate planning with side-by-side scenario comparisons highlighting key differences and strategic impact
- Streamline approval process by storing and socializing approved scenarios with clear decision rationale, improving efficiency and communication
Financial Planning
Improve your financial planning ability with flexible budgeting and detailed tracking
- Empower budget management by providing flexible approval options for different time scales and detailed configurations, supporting both traditional and modern budgeting needs
- Enhance financials tracking by allowing detailed comparisons of costs versus budget across various time scales, helping quickly identify and address budget variances
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