Tag Archives: Strategy

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

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

Posted in Examples of Strategic Initiatives, Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives, Transforming the Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 7 Comments

Strategy is a Boundary-Spanning Activity

Greg Githens explains how leaders develop the strategic initiative execution plan by integrating concepts. Vertical connections are done through metrics and horizontal connections are a search for strategic synergy. He explains a pitfall of many strategies, which is to focus on the solution rather than the problem or opportunity. An example is provided for Human Resources strategy. This post describes Step 3 of 4 for interpreting strategy documents. Continue reading

Posted in Interpreting Strategy Documents, Strategic Planning Issues for Strategic Initiatives, Strategy Coaching and Facilitation, Useful Practices & Management Tools | Tagged , , , , , , , , , , , , , , | 6 Comments

Strategic Initiatives Case Study: Hospital and Health Care – Part 2

Describes 6 leadership lessons from transformation effort at St. Mary’s Duluth Clinic Heart Center (SMDC), including managing the portfolio of initiatives through balanced score card and strategy maps. Continue reading

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Vision into Results….Definition of a Strategic Initiative

Defines strategic initiatives in terms of three outcomes and introduces implications for leadership and program management. Strategic initiatives are NOT the same thing as a strategic objective. This definition provides a practical tool for establishing a strategic initiative.
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