Tag Archives: Leadership

Beginners Guide: Competent Strategic Initiatives

Do you want to become more competent in the arts of strategic initiative leadership? This article explains the acquisition of competency as a learning journey, with the key point being acquiring “reflective competency.” Because strategic initiatives involve many areas of knowledge, the author suggests starting with a few fundamentals and expanding the base of knowledge and “knowledge in action.” http://wp.me/pZCkk-11A Continue reading

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Four Recommendations for Effective Program Governance

This article discusses good design of program governance, tailored to the special case of strategic initiatives. It identifies three common mistakes, and then four recommendations. The recommendations are: 1) People respect what you inspect, 2) Allow for mistakes, 3) You want to selectively impose policy, and 4) Design so that the organization is concentrating on the decisive aspects of the strategy. The article concludes with few remarks on striking a balance between conflicting needs such as strategy and risk management.
http://wp.me/pZCkk-11e Continue reading

Posted in Program & Portfolio Management, Success Principles for Strategic Initiatives, Useful Practices & Management Tools | Tagged , , , | Leave a comment

Strategic Leadership is “Replacing Old Stories with New Stories”

Leaders should see strategy as a narrative arc from the founding to the present launch of a strategic initiative. The techniques of corporate time lines and identifying turning points help with the analysis. Then, future cast for a new vision with these questions:What present problems and opportunities are relevant to our future? What are the scenarios of the future? Where (and over whom) will we find advantage? What are the insights? A current strategic initiative could be seen as an episode of an organization’s history, with a turning point. Continue reading

Posted in How to Improve Your Story Telling Chops, Transforming the Organization, Useful Practices & Management Tools | Tagged , , , , , , , | 3 Comments

Three Tips for Leading Strategic Alliances

Strategic alliances are a growing subset of strategic initiatives. A Strategic Alliance is a relationship between two or more parties where they collaborate to capture an opportunity or extend their reach into complementary areas. Author and consultant Greg Githens has participated in many strategic alliances, both as a leader and as a consultant and offers three tips that will increase the probability of success. Tip #1 – Meet in Person, Frequently. Tip #2 – Find and Articulate Strategic Insights. Tip #3 – Explicitly discuss risks, risk tolerances and risk response strategies. Continue reading

Posted in Program & Portfolio Management, Success Principles for Strategic Initiatives, Useful Practices & Management Tools | Tagged , , , , , , , , , | Leave a comment

Strategic Thinking: Seven Questions for Your New Year’s Resolution

Greg Githens provides timely and useful questions: “Am I applying strategic thinking to my career, and to my organization?” What’s Your Personal Brand? Are you thinking strategically? Are you anticipating opportunity? Have you taken the time to reflect on your lessons learned for the year? Do you have stretch goals? Do you carry a mentality of abundance or a mentality of scarcity? Are you paying forward? Continue reading

Posted in Strategy, Ambiguity, and Strong-Minded Thinking | Tagged , | 2 Comments

Apple versus Samsung: Three Lessons for Strategic Initiative Leaders

Here are three lessons for strategic initiative leaders drawn from analysis of the Samsung Apple iPhone patent infringement verdict. 1. Tell the better story. 2. Make better strategic bets. 3. Value originality. Continue reading

Posted in How to Improve Your Story Telling Chops, Success Principles for Strategic Initiatives | Tagged , , , , , , , | 1 Comment

How to Improve Strategic-Operational Collaboration

You can build support for strategy by understanding and using the strategy-operations polarity map.First, you acknowledge the values of the operational perspective (e.g., it gets results) and the downsides of strategy (it consumes time). Then, you can introduce some of the benefits of strategy work. This article will help the strategic initiative leader assure that the initiative does not flounder. Continue reading

Posted in Strategic Planning Issues for Strategic Initiatives, Strategy Coaching and Facilitation, Strategy, Ambiguity, and Strong-Minded Thinking, Transforming the Organization | Tagged , , , , , , , , , , , , | 6 Comments