Integrated Strategy Management

Strategy management is the application of knowledge, skills, tools, and techniques to the activities of strategic planning and strategy implementation to successfully achieve the vision goals, and objectives of the organization.  Strategy management focus on capturing and managing the interdependencies of the strategic plan to improve:

  • Continuity of information
  • Traceability of design through delivery
  • Quality and completeness of the strategic plan
  • Quality and appropriateness of the strategic objectives
  • Prioritization of investment and allocation of key resources
  • Harmonization of strategic initiatives
  • Strategic outcomes 

Strategy management 

  • Considers the entire plan from vision through detailed implementation and provides the tools and processes to manage it holistically
  • Provides detailed information models to understand inter-dependencies and aid the decision making process
  • And provides automation, analysis, and analytics to assist leadership in achieving successful strategic outcomes

 

 

Capture - Analyze - Assess - Decide - Execute - Monitor

Capturing and maintaining a dynamic representation of the strategic plan, automated analysis of plan health, and indicators of plan risk so action can be taken prior to drastic impacts being realized.  

Continuous evaluation of new information, opportunity, and threats so they can be evaluated in context of the current plan to quickly assess the potential value/impact to the plan.

Up to date state and status of the plan is maintained so that information can support key organization decision making, encouraging better alignment with the organizational strategies.

Oversight of The Strategic Planning Lifecycle

Integrated Management Across Analysis, Planning, Design, Prioritization and Execution

  • Perform internal and external assessment of the environment
  • Define strengths, weaknesses, opportunities and threats
  • Develop vision, goals, and objectives
  • Identify challenges to achieving the vision
  • Manage timeline, expectations, and inter-dependencies
  • Develop measures of success and key indicators
  • Prioritize efforts based upon alignment, impact, risk and value
  • Monitor progress of initiatives and objectives, to derive plan health, mitigate risk, and focus of effort
  • Continuously review, assess, and update plan

Implementing Strategy Management

Preparation

Key Steps to Implementing A Strategy Management Solution

  • Assess current state and status of organizational planning approach, models and recent outcomes
  • Perform a gap analysis and decide what changes should be made to the model and processes
  • Define strategic planning model and approach, with management controls
  • Summarize organizational elements, perspectives, and key alignments
  • Develop leadership assignments
  • Develop planning teams, providing guidance and guardrails
  • Define stage gate review processes for the strategic planning lifecycle, factoring in dynamic change management
  • Set the organizational vision and board level direction

Strategic Plan Design

Vision

Allows for the definition and capture of visionary elements, including vision statement, aims, aspirations, and themes.  Also allows for the capture of key challenges to be overcome to achieve the vision.  These information elements can be easily aligned with strategy definition and initiatives so they can be traced to those plan design elemements responsible for achieving them.

Goals and Objectives

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Strategy Development

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Strategic Initiatives

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Quality and Balance

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Prioritization and Decision Support

Strategic Initiative Prioritization

  • Provides standard approach to prioritization for strategic planning and off-cycle events
  • Enables standard request question sets that allow value proposition comparison of disparate strategic initiative types
  • Uses custom specific scoring rule sets for inferring value to organization
  • Allows strategy custom alignment, ROI, Non Financial ROI, risk, and scope to evaluate requests, providing a normalized score for initiative scoring
  • Provides risk assessment and management preparedness assessment and adjustments
  • Enables balanced analysis across customer defined alignment axis
  • Supporting consistent stage-gate review processes that shorten analysis and review time

Activating The Strategic Plan

  • Instantiates selected initiatives
  • Maintains initiatives that did not make the selection
  • Provides risk management input based upon evaluation criteria
  • Provides initial objectives, target outcomes, and resource requirements for baseline project planning
  • Links prioritization with strategic portfolio

Off Cycle, Ad Hoc Events and Opportunities

  • Allows for off cycle concept review, in context with original planned and approved initiatives
  • Enables consistent scoring and evaluation in context with existing plans
  • Allows for evaluation along a wide variety of alignments and contexts, to support changing or shifting priorities

Execution Management Oversight

Strategic Portfolio Management

  • Portfolio management & Strategy Oversight
  • Risk management and escalation
  • Project Rounding
  • Action plan view creation based upon alignments, organizational ownership, and stakeholder engagement

Project and Program Oversight

  • Manage complexity and risk
  • Issue management, with impact assessment, mitigation planning, and monitoring of mitigation progress
  • Milestone driven project management to provide progress measurement and team focus
  • Executive, Leadership, & Stakeholder engagement
  • Project rounding, progress monitoring, and performance assessment
  • Risk escalation and propagation

Health and Status Reporting

  • Automated health and status reporting
  • Risk analysis and reporting
  • Intelligement recommendation assistant