Tag Archives: strategic alignment

S.T.I.C.C. – A Useful Communication Tool for Critical Situations

Situation, Task, Intent, Concerns, Calibrate (STICC) is a useful communication template for situations where time pressures and mistakes can lead to grave consequences. The article uses an example of prioritizing a set of strategic projects, considering each piece of the STICC message. 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

A Guide to the Three Types of Strategy and Business Model Scope

Strategic initiatives arise to support three types of strategies. Corporate strategies have to do with market selection. Business strategies have to do with competing within a business model. Functional strategies have to do with effective specialization. Each interact with the business model’s value proposition. Continue reading

Posted in Examples of Strategic Initiatives, Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives, Success Principles for Strategic Initiatives | Tagged , , , , , , , , , , , , , , , , , , , , , | 15 Comments

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

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