lviv pmday: Олег Мізьов leading strategic initiatives (program management)
Post on 08-Jan-2017
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Leading Strategic Initiatives
by Oleg Mizovmizovo@gmail.com
LegendLeadership - is a courage to see a reality clearly and help others to do the same
Program Management is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
Strategic Initiatives = ProgramsPrograms != Strategic Initiatives
Strategy - a tool to resolve an issue within the organization
Watch more Strategy Definition
Project vs Program ManagementProject Management Program Management
Purpose Provide deliverables by executing network of tasks
Deliver benefits by executing network of projects
DurationTemporary: has a finite start and end Longer time frame.
Is terminated with decision to disinvest.
Success Definition
Meet narrowly defined objectives(time/scope/budget metrics)
Meet Broadly defined objectives(benefits to different stakeholders)
Required Competence
Management Skills Leadership skills
Alignment TO specific functional or business level requirements
TO functional or business strategies
Benefits vs Deliverables
More Reading : Manage Benefits not Deliverables
● A project deliverable is any unique and verifiable product, result or capability to perform a service that is required to be produced to complete a process, phase or project.
● A project benefit, though, is an outcome of an action or decision that contributes toward meeting one or more business objectives.
○ Tangible (Money saved, vacancies created) or intangible (reputational, risk tolerance)○ Cash Quantifiable (cost optimization) and Not Quantifiable (Customer satisfaction)
Insight: Customers buy benefits, not features. A feature causes a benefit to happen
Introduction
Watch a video - Domino's® Pizza Turnaround - YouTube
What Things are in Common?➔ Problem Identification and Analysis➔ Solutio Definition➔ Team Work➔ Many Iterations (FailSafe)➔ Innovative Promotion➔ Delivery
Strategies Initiatives
Strategic Initiative
● Strategic initiatives are tools for closing performance gaps. ● As a leader, you need to help your organization “map the gap” and close the gap.
Program Leadership Roles
Watch more at Youtube - LIDS
Story Teller!
Chief Decision Maker
Chief Learning Officer
Chief Integrator Officer
Three Kinds of Strategy
Define a Strategy. Validation
Define a Strategy. Prioritization
Present a Strategy● Elevator Speech● Strategy as a Conversation
● The Vision Statement (e.g. better tasting pizza)● Strategic Pillars (e.g.support of franchisees, new product introduction, innovation in promotion)
● Seek for CEO BuyIn
Schedule a Strategy. Program Roadmap
Successful Criteria for a Strategy
❏ Strategy Initiative Closed the Performance Gap❏ Use Qualitative and Quantitative Metrics
Ballance is a Key thing
Short-term Vision & Planning
See Yourself and help others to see a Big Picture
Implement a Strategy
Rolling Wave
- Is Great for Product Development, R&D, High-Tech, StartUps- Is Good for Projects with Changing Scope
- Encourages Your Team for Adaptability- Encourages You for Planning
Poka-Yoke (Failsafe)
Think more at safe-fail-or-fail-safe
Questions?
Backup
Character FeaturesSuccessful Program Manager has these features to lead Strategic Initiative
● Capacity for Strategic Thinking (to be a Visioneer)
● Perfectly Fits the Business Model
● Change Driver
Strategy and Alignment
❏ Strategy Initiative Closed the Performance Gap
Strategic Initiatives as a Change-the-Business Tool
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