Tag Archives: Problem Solving

Coherence: It is Only a Good Plan (Strategy) If It Makes Good Sense

Coherence means that things make sense. In the context of strategy, it means that the committed resources, policies, and actions are consistent and coordinated. A plan is only a good plan if it makes good sense. Unfortunately, most organizations pursue multiple objectives that are unconnected with one another (and sometimes even conflict).They are anything but coherent! Insert the concept of coherence into your discussions. How? One way is to ask simple questions, “Does this make sense? Where are the gaps? Are there conflicting objectives?” Another way to encourage coherence is to activate the Chief Story Teller role. Imposing coherence and discipline on an organization is difficult and takes hard work by the strategic initiative leader.

http://wp.me/pZCkk-Z2 Continue reading

Posted in How to Improve Your Story Telling Chops, Interpreting Strategy Documents, Strategy, Ambiguity, and Strong-Minded Thinking, Useful Practices & Management Tools | Tagged , , , | 4 Comments

How to Build Consensus in the Strategic Initiatives Team

Consensus is a vital skill for strategic initiatives. Consensus means that there is 100% agreement to support the IMPLEMENTATION of the decision. Greg Githens explains the two necessary factors for achieving consensus (define the team and have a visible signal) and describes a personal experience in helping an IT group reach agreement on requirements. Continue reading

Posted in Useful Practices & Management Tools | Tagged , , , , , , , , , , , , , | 7 Comments

Fast and Effective Decisions Drive the Strategic Initiative

Fast and effective decisions drive the strategic initiative program. Greg Githens provides useful ideas for making faster and better decisions. Continue reading

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

Strategic Initiatives Drive Growth and Innovation in the Travel Industry

Competitive industries – for example the travel industry – use strategic initiatives to create competitive advantage. Greg Githens explains that there are 5 important tasks for leaders of strategic initiatives to create growth through innovation: understanding the brand promise, understanding the voice of the customer, effectively leveraging business intelligence, establishing appropriate success metrics, and driving effective and fast decisions. One example is how Vancouver’s port made it easier for US citizens to clear customs for cruise ships. A second example is how Hilton is innovating in its design of hotel business lounges. A third example for Marriott hotel’s bedding initiative. Continue reading

Posted in Examples of Strategic Initiatives, Success Principles for Strategic Initiatives, Transforming the Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Validation: How to Get Strategy Right

Strategy validation is a process of assuring that there is a “correct strategy.” First, review to find a distinct statement of problem or opportunity that is coupled to a proposed solution. The program manager – just like the CEO – validates strategy with the important stakeholders. Avoid over and under commitment to the strategic initiative. The #1 reason that Boards fire CEOs is because they don’t adequately communicate the reasons for the strategic initiatives. Continue reading

Posted in Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives, Useful Practices & Management Tools | Tagged , , , , , , , , , , , , , , , , , , | 10 Comments

Six Leadership Traits

Academic research points to six things that characterize the leader of a strategic initiative. They foster alignment and create commitment. Also, interesting point that determined individuals make more of a difference than “organizational process.” Continue reading

Posted in Competencies of Strategic Initiative Leaders, Program & Portfolio Management, Strategy Coaching and Facilitation, Success Principles for Strategic Initiatives, Transforming the Organization | Tagged , , , , , | 5 Comments

Five Types of Decisions: A Practical Tool for the SI Leader

Fast and effective decisions lead to fast execution of a strategic initiative, because they drive alignment and commitment. First, identify which of the 5 types face the organization, and then make the appropriate decision. A practical and popular technique for leaders of programs and projects. Continue reading

Posted in Strategy Coaching and Facilitation, Useful Practices & Management Tools | Tagged , , , , , , , , , , , | 6 Comments