Mission
Vision
Strategic Objectives
Strategy
Regulatory Need
Just a good idea
Agenda item in a Senior Leadership Governance meeting.
Agreement on:
List of Initiatives
Initiative owner
Categorization of the initiative - strategic/tactical
General timeline - short term / long term
Business Unit Leadership takes ownership to move forward with the Business Unit Initiatives.
Goal:
All ideas enter a single funnel to be triaged to move forward through a Strategic Execution Path or a Tactical Execution Path depending on the complexity of the change.
Benefits:
Improved efficiency - single intake for change initiatives
Recognizes that not all initiatives require deep exploration
Deliverables:
List of Initiatives
Categorization - strategic or tactical
Tools:
Checklist to support consistent triage decisions
Excel spreadsheet of initiative
Participants:
Responsible:
Accountable:
Consulted:
Informed:
Project Management Office
Initiative Sponsor
Initiative Owner/Sponsor
PMO Factors
Scope: Undefined
Timeline: Undefined
Resources: Undefined
Cost: Undefined
Benefits: Undefined
Budget: Undefined
Change Readiness: Undefined