Allow Products with different Parents to appear in the same Hierarchy Report and bind by release

When showing Top level (company level) strategic initiatives that span across products I need the ability to show how those company level initiatives are being addressed across all relevant products.  In a product hierarchy some product will exist in different product lines or stand alone not in product line below the company level.  Key stakeholders just want to see what product level initiatives exist to support the higher level strategy and what features in which releases are relevant to those specific initiatives at the product level.