Tag Archives: Strategic initiative

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

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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

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Does Your Strategic Initiative Need a Fresh Perspective?

Greg explains how to overcome headwinds in a strategic initiative with 4 perspectives: storytelling, learning, integration, and decisions. He illustrates how each role is applied through a case study.

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L.I.D.S – The Four Leadership Roles of the Strategic Program Manager

Stories, Learning, Integration, and Decisions are keys to good leadership of strategic initiatives. Greg Githens explains that the leader is the Chief of each. Individually and collectively these program manager roles provide a framework for strategy execution.

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Two Tools for Describing Strategic Context (Strategic Thinking Part 3)

Greg Githens explains the PESTLE acronym for evaluating strategic context, and the “walk the fenceline” technique. Strategic thinkers have an “outside in” perspective that allows them understand how external context affects strategy. Continue reading

Posted in Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives, Strategy Coaching and Facilitation, Strategy, Ambiguity, and Strong-Minded Thinking | Tagged , , , , , , , , , , , , , , , , , | 12 Comments

Growth as a Strategic Initiative

Companies are shifting into a growth mode and we will see more strategic initiatives that emphasize a blend of incremental, platform and radical transformation. The drivers of growth may be strategy innovation, product innovation, or process innovation. It may be organic or inorganic growth, with use of open innovation straddling the two. The leader will need to develop an understanding of what growth means, and apply the described techniques for structuring a strategic initiative to gain growth. Continue reading

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Vice President, Director, Manager of Strategic Initiatives: Position Description Best Practices

Greg Githens reviewed a number of employment opportunities for individuals with the phrase “strategic initiatives” in the job title (and the trend is upward). Examples are Vice President of Strategic Initiatives, Director of Strategic Initiatives, and Manager of Strategic Initiatives. This article provides a snapshot of five positions and commentary on trends and omissions. Continue reading

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Strategic Thinking (Part 2): Framing Decisions with the Four Types of Ambiguity

Good strategic thinkers are strong minded; they cope effectively with ambiguous information. This article explains how to recognize the four types of goal ambiguity (methods, metrics, priorities, and outcomes). The strategic initiative leader needs to frame decisions to cope with this ambiguity. Continue reading

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Strategic Thinking (Part 1): A Fight with Ambiguity

Strategic thinking is necessary for execution, as well as strategy formulation. Ambiguity (multiple meanings) is at the heart of strategy, so the Strategic Initiative leader’s top priority is to recognize ambiguity, clarify metrics, and develop sensible action plans. Greg Githens explains how they find the balance of patience and action. Their skillful conversation fosters understanding and gain commitment. Continue reading

Posted in Competencies of Strategic Initiative Leaders, Interpreting Strategy Documents, Strategy, Ambiguity, and Strong-Minded Thinking | Tagged , , , , , , , , , , , , , , , , | 26 Comments

Five Things SI Leaders Need to Know about Innovation

Leaders use the word innovation frequently, but often it’s a buzzword. Innovation is not the same thing as invention or as creativity. Innovations do not sell themselves. It is a gross exaggeration to declare that people “resist change.” Innovation involves choices and decisions. Leaders help others cross the chasm. Greg Githens explains the TACOS criteria for speeding the adoption of an innovation. http://wp.me/pZCkk-fH Continue reading

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