Tag Archives: Strategic initiative

How to Be Strong Minded (3 Capabilities and 5 Tips for Strategic Thinking)

Strong minds produce strong ideas. Strong minds do not fail. Strong minded thinkers have three competencies: 1) they are good a probing and sensing, 2) they imagine the logical future consequences of decisions and actions, and 3) they look for opportunities to apply ingenuity. The article provides practical questions that will help the reader develop these competencies. The article also provides five tips for robustness: avoid mistakes, develop emotional resiliency, reflect, and generate alternative solutions. Continue reading

Posted in Strategy, Ambiguity, and Strong-Minded Thinking | Tagged , , , , , , , , , , , | 7 Comments

Why Your Organization Will Perform Better With Fewer Strategic Initiatives: Six Bits Evidence

Companies that have fewer strategic initiatives more likely to be at the top of their industry. Why? The discipline and focus of strategic choice! Too many projects and initiatives tend to cause fire fighting, distraction, frustration, etc. This article will provide you with examples and good talking points for maintaining focus on the “vital few” strategies rather than the trivial many. Continue reading

Posted in Program & Portfolio Management, Strategic Planning Issues for Strategic Initiatives, Success Principles for Strategic Initiatives | Tagged , , , , , , , | 6 Comments

Strategy as the Backstory: Another Leadership Tip

In explaining the strategic initiative, the leader needs to skillfully weave in the backstory of strategy; that is, identify the relevant parts of the larger narrative and include in the communications to stakeholders. Modern audiences are impatient, so keep the amount of backstory limited. The exception is when the strategic initiative involves a heritage story (example heritage stories from Starbucks and Domino’s Pizza). The strategy-as-backstory can include SWOT, mission, vision, values, etc. This tip is part of the “How to Improve Your Story Telling Chops” series. Continue reading

Posted in How to Improve Your Story Telling Chops | Tagged , , , , , , , , | 2 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

Posted in Examples of Strategic Initiatives, Transforming the Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

Resolving Ambiguity and Uncertainty (Strategic Thinking – Part 4)

Strategic initiatives leaders must understand the difference between ambiguity and uncertainty. Uncertainty deals with explicit questions, whereas ambiguity raises the point, “Are we asking the right questions?” Both are useful concepts, and strategic thinkers have tools (most importantly, questions) for dealing with both. This article continues a series on strategic thinking. Continue reading

Posted in Competencies of Strategic Initiative Leaders, Strategic Planning Issues for Strategic Initiatives, Success Principles for Strategic Initiatives | Tagged , , , , , , , , , , , , | 9 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

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

Posted in Strategic Planning Issues for Strategic Initiatives | Tagged , , , , , , , , , , , | 4 Comments

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

Posted in Strategic Planning Issues for Strategic Initiatives, Success Principles for Strategic Initiatives | Tagged , , , , , , , , , , , , , , , , , | 3 Comments

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

Use the Columbo Question to Get Strategic Information

In the inquiry mode of leadership, questions help to set strategic direction and discover requirements and intentions. Greg Githens explains that the last question in an interview is, “Is there any question that I should have asked that I haven’t asked.” Continue reading

Posted in Competencies of Strategic Initiative Leaders, Useful Practices & Management Tools | Tagged , , , , , , , , , , , | 2 Comments