Opportunity Pipelines – Best Practices Online Tools & Templates

An Opportunity Pipeline provides business leaders and managers with a valuable source of insight and data on particular ideas, projects and initiatives being considered for investment. The Opportunity Pipeline Template allows key stakeholders within a business to capture potential improvement efforts, strategic projects and initiatives and rank them by scope, impact, timeline, focus area, and results.

The Opportunity Pipeline provides one source of truth for business leaders to track, monitor, capture, categorize and assign responsibilities for improvement opportunities across an organization. The template provides a place for leaders to keep a running list of opportunities (new and old) and rank them by various metrics deemed of importance to the team.  Typical template categories include:

• Description (description of opportunity)
• Source (employee, leadership, customer, other)
• Approach (process improvement, process design, etc.)
• Benefit (defect improvement, time savings, revenue generation, etc.)
• Effort Size (high, medium, low)
• Focus Area (customer, business, etc.)

Upon creation of an Opportunity Pipeline, business leaders and relevant stakeholders should meet regularly to update the document and provide feedback on which projects are going well (and which need support). The template will capture a running list of opportunities and also provide a place for stakeholders to record the potential impact of the successful completion of those projects. 

The tools that managers use to make the most of the Opportunity Pipeline template are Statements of Work (SOWs), Project Charters and Team Org Charts.

Unlike most traditional process checklists and problem solving models, upBOARD’s online Opportunity Pipeline model tool allows any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.

Learn more about upBOARD’s full portfolio of online digital best practice tools and templates for specific topics, including business strategy, marketing, human resources, operations, innovation, project management, change management, and software development.

Learn more about upBOARD’s portfolio of other business strategy best practice tools and templates, including:

2 X 2 Matrix, ADL Matrix, Affinity Diagrams, Baker’s 4 Strategies of Influence, Balanced Scorecard, Benchmarking, Blue Ocean Strategy, Bowman Strategy Clock, Build-Measure-Learn Feedback Loop, Business Model Canvas, CAGE Distance Framework, Competitive Analysis, Competitive Landscape Analysis, Contingency Planning, Core Competence Analysis, Critical Success Factors, Discovery Driven Planning, Economic Value Added, First Mover Advantage, Five Forces Model, Force Field Analysis, Gap Analysis, GE McKinsey 9-Box Matrix, Go To Market Strategy, Hambrick & Frederickson’s Strategy Diamond, Hedgehog Model, Hook Model of Behavioral Design, Hoshin Planning System, Kay’s Distinctive Capabilities Framework, Key Outcome Indicators, Kotler’s Five Product Levels Model, Kotler’s Pricing Strategies, Lafley & Martin’s Five Step Strategy Model, McKinsey 7S Model, McKinsey’s Seven Degrees of Freedom for Growth, Mergers & Acquisitions, Mission Statements, Mullin’s Seven Domains Model, OGSM Framework, Ohmae’s 3-C’s Model, Partner Relationship Management, PEST Analysis, PESTLE Analysis, Porter’s Diamond, Portfolio Management, Purpose Statements, Pyramid of Purpose, Scenario Planning, Simonson & Rosen’s Influence Mix, SMART Performance Metrics, SMARTER Goals, SOAR, Strategic Goals, Strategy Map, Strategy Roadmap, Strategy Uncertainty Map, SWOT Analysis, TOWS Matrix, Triple Bottom Line, USP Analysis, Value Chain Analysis, Value Disciplines Model, Value Net Model, Values Statement, Vision Statements, VRIO Analysis, and Weisbord’s Six-Box Model.