Monthly Archives: April 2012

How to Identify Strategic Assumptions

Strategic assumptions are an important tool for establishing and controlling a strategic initiative. The assumptions fall into four categories: marketing, organizational, technological, and resources. An examples of a team that failed to examine strategic assumptions is discussed. Continue reading

Posted in Strategic Planning Issues for Strategic Initiatives, Strategy Coaching and Facilitation, Useful Practices & Management Tools | Tagged , , , , , , | 5 Comments

Strategic Initiative Case Study: Intel’s Product Development Turnaround

Organizations need to mature new product development processes, product life cycle processes, and other processes. The article describes Intel and its product development framework. The first case study failed to deliver benefits, in part because the team tried to make the organization comply and conform to a model. It requires skill to navigate and change culture. The second case was successful, in part because the CEO made it clear he was unhappy with product quality. The article lists numerous lessons learned for strategic initiatives. Continue reading

Posted in Examples of Strategic Initiatives, Transforming the Organization | Tagged , , , , , , , , , | 3 Comments

Strategic Initiatives | Are You Ready to Implement?

Readiness to implement strategy is achieved when the physical resources are in place and there is a will to take action. A strategic initiative should formally assess readiness by either of two methods: self-audit or use of an outside resource. Leaders are advised to recognize and avoid the causes of failure: poor requirements, poor communications, and inadequate resources. The article also includes a set of do’s and don’t for strategic initiatives. Continue reading

Posted in Success Principles for Strategic Initiatives, Useful Practices & Management Tools | Tagged , , , , , , , , | 7 Comments