« Strategy, Strategic Initiative, Strategic Objective: What is the term? | Main | Dashboard Spy »

Saturday, March 25, 2006

Comments

Right. Of course it is clear and and singular entity but it is not an entity that cannot be broken down further into smaller parts. It takes whole projects to make it come true so by definition it can be broken down.

concerning frameworks Im using the basic concepts of connecting projects to strategy(ies). Im not sure that it needs to be any more complex than that. I dont think that for what Im talking about we need to break into the nature of BSC or any other framework. Im talking about the connection between a strategy and a project and how that connection is made. I dont think it matters which method or framework you are using.

Brian,

I now see how I have trouble here. It's difficult for me to think about strategy in a generic way without some frame of reference as a practice.

Brian,

Re: Strategies Broken Down - I'm suggesting a Stratgey is a singular entity, with a clear and concise statement. For example

"Reduce non-closure application foot print in ERP to reduce funding burden during closeout" An actual BSC stratgey for Rocky Flats.

With single stratgey (and we had around 14 strategies) a portfolio of projects with their initiatives could be connected to the strategy. This One-to-Many relationship made traceability simple and precise.

Regarding BSC - what strategy framework are you using? Thinking about stratgey - from my experience - is a sporty business in the absence of some type of framework.

For sure they do not have to be big. Im just saying that the ones I have seen tend to be big in comparision to the projects that support them. The strategies I have seen tend to require more than 1 project to make them happen and generally more than 10 or 15.

You say strategies should not be able to be broken down but then you say that 'under' a stgrategy there are things such as initiatives, portfolios and projects. If they cannot be broken down then there should be NOTHING 'under' them, right?

As far as your comments about tracing projects to strategy: that is they whole point of this discussion. I take it as a given that projects need to align to strategies. Im discussing the idea of a 'SBS' as a means to that end.

Im slso not trying to put this in the context of balanced scorecard. Im no expert in it to say the least. Im trying to discuss how something like an "SBS" might be useful for aligning projects to strategy. Im hoping to leave out references to any specific methodologies until we get a little more meat on the bone of the SBS idea.

Brian,

The one primary learning I've taken away from 5 years or so of Balanced Scorecard stratgey is not to speculate too much about how things work, what they shoudl be called before having tested the ideas in practice.

1. Strategies do not have to be BIG, they can be small ass well. Projects can be big in support of a small strategy. Size doesn't matter in this case.

2. Stratgeies themselves shoudl be self contained and not subject to being "broken down." By this I mean the Strategy itself. The elements "below" the stratgey codl be - as you suggest - initiatives, portoflios, projects, etc...

3. In the end if the project is not directly traceable to an stratgey then it has a problem or the strategy has a problem. Either way there needs to be a fix. The process is easy alignment turns out to be very diffcult in practice.

This has been my experince - through the training of BSCol and two Scorecard process in two different IT organizations, as well as coaching and mentoring from two other CIO's. It's a narrow set of experiences, biased by Gold and Duran.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)