Tag Archives: Management

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

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Advice for Strategic Initiative Charters

Strategic initiative charters are different than typical project and program charters that are expecting a pre-determined result. Greg Githens explains the functions of strategic initiative charter. He provides practical advise such as the “two page” rule and outlines 12 elements that should be found in a strategic initiative charter. Continue reading

Posted in Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives | Tagged , , , , , , , , , | 12 Comments

Director Business Transformation: Position Description & Relationship to Strategic Initiatives

Provides three examples of Director Business Transformation roles at Hertz, Sears, and SuperValu and suggests that there are similarities and distinctions with roles for VP, Director, or Manager of Strategic Initiatives. Continue reading

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Interpreting Vague Strategy: The Compact Approach

Strategic initiatives are often launched with a vague directive. Ask these three questions: What are the mistakes I must not make? What are the mistakes that others must not make? What resources do I have to deal with the unexpected. Greg Githens calls this the Compact Approach to Strategy. Continue reading

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Balanced Score Cards and Strategic Initiatives

The leader of a strategic initiative needs to have a good understanding of the purpose and application of the balanced score card. This article overviews the four perspectives and provides four valuable questions that inform the strategic intent. Continue reading

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Pillars of Strategic Initiative Success

Greg Githens explains that good strategy, strong commitment, and strategic planning and thinking are the strategic pillars for success with strategic initiatives. Continue reading

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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

Posted in Program & Portfolio Management, Strategic Planning Issues for Strategic Initiatives | Tagged , , , , , , , , , , , , , , , , , , | 12 Comments