Tag Archives: metrics

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

Know The “Follow-The-Money” Story. How was Your Strategic Initiative Funded?

The leader of a strategic initiative needs to know about the investors and their performance expectations. Using the famous line from the movie, All The President’s Men, Greg Githens provides some practical leadership advice for understanding the funding of a strategic initiative. Continue reading

Posted in How to Improve Your Story Telling Chops | Tagged , , , , | 5 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

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

Two Success Factors for Strategic Initiatives: Commitment and Alignment

Commitment and alignment drive the performance of a strategic initiative, and program management tools foster these two outcomes. Provides brief, working definitions. Continue reading

Posted in Success Principles for Strategic Initiatives | Tagged , , , , , , , , | 12 Comments