Of all the data to be gathered in assessing strategic initiatives, two pieces most illuminate the performance and potential of a strategic initiative or critical project.
Business Impact: It is (or should be) the number one factor that determines your project or initiative’s access to power and resources. But how clear and compelling is the impact of your strategy or initiative?
Leaders need to be a tuned to and shape what people are saying, especially key stakeholders, customers and those at the front line. After all, there is no point setting out daring plans or doing great work if people don’t know about it.
he prosperity of your organization is tied to the performance of its portfolio of strategic projects and initiatives. That makes portfolio management critical to success.