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Cascading Strategic Objectives to Prioritize and Align Continuous Improvement Projects

Rod Baxter, Principal, Value Generation Partners, Naples, FL, USA

Keywords: Strategy Map, Continuous Improvement Projects, Aligning Strategy to Projects

Industry: All

Level: Intermediate

ABSTRACT

Key Concepts

  • Defining and developing strategy map
  • Defining and cascading strategic objectives
  • Defining and cascading key performance indicator (KPI) scorecards
  • Defining and prioritizing projects and initiatives
  • Aligning projects and initiatives to strategic objectives
  • Understanding and closing gaps between projects/initiatives and strategic objectives

This is a must-attend, high-energy workshop for leaders, sponsors, and coaches; it focuses on how to prioritize and align breakthrough improvement projects with organizational strategic objectives. We will discuss defining and developing a strategy map, which cascades through the organization to executable projects/initiatives defined to achieve the strategic objectives and measured with KPI scorecards. The session will also discuss development and execution of a project prioritization matrix, as well as a strategy alignment matrix linked to the organization’s strategic objectives, to ensure no gaps exist and strategic goals are successfully achieved.

The workshop begins with reviewing the concepts and elements necessary to develop a strategy map and strategic objectives. Cascading strategic objectives and key performance indicators (KPIs) are defined and discussed, setting the stage for brainstorming, prioritizing, and aligning, and generating opportunities for breakthrough improvement projects/initiatives.

The prioritization matrix is intended for potential projects/initiatives to be evaluated and ranked against pre-defined criteria in categories of impact, effort, and risk – impact on organizational strategies; the people, capital, and duration of effort; and the management and technical risk – to determine projects/initiatives that will be carried forward. Prioritizing projects/initiatives results in efficient and effective use of resources focused on successfully achieving strategic objectives.

Prioritized projects/initiatives are then aligned to the organization's strategic objectives, using a strategy alignment matrix, to determine if the projects/initiatives selected are adequate to achieve defined strategic objectives. Gaps in project-to-strategy alignment become easily visible, allowing for countermeasures to be developed in order to ensure strategic objectives are achieved.

The impact of applying project prioritization and strategy alignment results in generating greater value for the organization and improved satisfaction of all project stakeholders.

Learning Outcomes

  • Understand how to develop strategy maps and strategic objectives
  • Understand how to prioritize breakthrough improvement projects/initiatives against impact, effort, and risk
  • Understand how to customize breakthrough improvement projects/initiatives prioritization criteria and categories
  • Understand how to prioritize and align breakthrough improvement project/initiatives to organizational strategic objectives
  • Understand how to determine if breakthrough improvement projects/initiatives are sufficient to achieve strategic objectives
  • Ensure no gaps exist in breakthrough improvement project-to-strategy alignment

Take Aways

  1. MS Excel file containing Strategy Driven for Success Toolbox of templates presented and discussed in the workshop
  2. Electronic PDF copy of Strategy Driven for Success Handbook



Proposal Submission Deadline:
October 11, 2019

Acceptance notification date:
November 11, 2019

Early Registration Deadline:
February 11, 2020

Please make sure to review and prepare the material needed before you start the on-line Proposal Submission Form. Click here to see Proposal Submission Guidelines.

Who May Submit: This online form may be used by a principal speaker, co-speaker, contact person, or a committee member submitting on behalf of a speaker.

Multiple Proposals: You may submit multiple proposals.

Conference Registration Fee:
The conference registration fee is waived for the principal speaker of accepted proposals. Speakers are responsible for their travel expenses and arrangements. Co-speakers will receive a 30% discount for the conference that they are presenting at.

Length of Presentations: Technical sessions are typically 35 minutes. There will be a limited number of "double" sessions, 70 minutes, at the end of each day.

Call for Proposals

You will need the following to submit a proposal

Proposal Title: Maximum 80 characters including spaces. 

Keywords:Please include three keywords with a maximum of 100 characters, including spaces. 

Industry Sector: Please select the most relevant Industry sector for the proposal from a list.

Abstract: The Abstract should be 1,500 to 5,000 characters (note that it is Characters, NOT words), including spaces.

Biography: The Biography must be 1,500 to 5,000 characters, including spaces.

Public Profile: LinkedIn or Public Profile for link for the Principal Speaker: 

Speaker's Photo (optional)

Sample Video (optional)

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