Tag Archives: analytics

That’s the Fact, Jack: Data Drive Strategic Initiatives

A strategic initiative is more likely to be successful if there is an accessible record of facts, data, and patterns. Domino’s Pizza and Google are discussed as two good examples where data support a valid, useful diagnosis and narrative for the strategic initiative. By contrast, a failed initiative at Cooper Tire failed to convince middle managers. Because stakeholders often don’t agree on strategic direction, the leader can use tools like the ladder of inference and White Hat thinking to get facts and connect them to strategy. Continue reading

Posted in Competencies of Strategic Initiative Leaders, Strategic Planning Issues for Strategic Initiatives, Strategy Coaching and Facilitation, Success Principles for Strategic Initiatives, Useful Practices & Management Tools | Tagged , , , | 4 Comments

The Purpose of a Strategic Initiative is Closing a Performance Gap

Performance gaps are a powerful focusing and motivating force for a strategic initiative. This article illustrates the concept and discusses analytics that help to clarifying the gap. Knowing your performance gap facilitates strategic alignment. The article offers two useful questions and a practical hint for provoking a discussion on strategy. Continue reading

Posted in Competencies of Strategic Initiative Leaders, Program & Portfolio Management, Success Principles for Strategic Initiatives | Tagged , , , , , , , | 15 Comments