Creating & Prioritizing Strategic Initiatives Consulting Service

Once the operational objectives necessary to achieve the strategic objectives of the overall strategic plan have been defined, we must identify the actions we will take to deliver the operational objective improvements.

These actions (“strategic initiatives”) may include major projects, minor projects or even smaller tasks and may be targeted at all levels of the organization impacting policies, processes, people and systems.

Accordingly, a “Strategic Initiative” is simply an improvement project or action that delivers the needed improvement to achieve an operational objective in our strategy map.

Consulting Approach and Deliverables

Working with your team, we provide our deep strategy execution experience and expertise, including best practice tools, techniques, and methods, to facilitate high-intensity, short-duration, sprints to rapidly create and prioritize strategic objectives.

Deliverables include:

A prioritized list of Strategic Initiatives needed to achieve operational objectives in the Strategy Maps.
Budget estimate for each strategic initiative.
A risk profile for each strategic initiative.
Deep analysis of the strategic initiatives identified in connection with closing strategic gaps to determine the strength of alignment of the initiatives to strategic objectives.
Prioritization of strategic initiatives based on strategic factors and criteria.

Who from your team should participate?

Defining the action steps needed to achieve operational objectives typically includes a balanced mix of decision makers responsible for executing strategy within each layer of the organization. For example, an organization's C-level and senior leadership team, and/or divisional/business unit leadership and management, and/or functional/department management plus any additional stakeholders that can provide additional insight into the development of strategic initiatives that support the operational and strategic objectives. Finance and Accounting representation is also recommended.