Monthly Archives: July 2011

Eight Distinctions between Portfolio Management & Program Management

This article clarifies the differences between program management, portfolio management, and program management along 8 dimensions: purpose, temporal nature, aggregation, strategic alignment, success criteria, risk, decisions, & competencies. Greg Githens explains four implications for leaders of strategic initiatives: meaning of strategic alignment, number of strategic initiatives in the portfolio, strategic initiatives as programs, and immature standards. The leader applies strategic thinking to do that. Continue reading

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Use the Columbo Question to Get Strategic Information

In the inquiry mode of leadership, questions help to set strategic direction and discover requirements and intentions. Greg Githens explains that the last question in an interview is, “Is there any question that I should have asked that I haven’t asked.” Continue reading

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A Guide to the Three Types of Strategy and Business Model Scope

Strategic initiatives arise to support three types of strategies. Corporate strategies have to do with market selection. Business strategies have to do with competing within a business model. Functional strategies have to do with effective specialization. Each interact with the business model’s value proposition. Continue reading

Posted in Examples of Strategic Initiatives, Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives, Success Principles for Strategic Initiatives | Tagged , , , , , , , , , , , , , , , , , , , , , | 15 Comments

A Practical Tool for Gaining Program Management Insights

Greg Githens describes the SIMple model (SIM = Strategy, Inquiry, Metrics) as a tool for framing key issues in a strategic initiative. He recommends starting with inquiry and metrics, and using that to evaluate and refine the program strategy. Continue reading

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