Step 3: Initiative Planning

Strategic Initiatives are projects that increase the capability of the organization.

When considering a Strategic Initiative, the following questions must be answered (for each initiative):

What is the PURPOSE of this initiative?

What is/are the OBJECTIVES or DELIVERABLES for this initiative? What do we expect to accomplish

RESPONSIBILITY & ACTIONS define who will be responsible for this initiative (we call this person the Champion of this initiative) and outlines the respective Actions that are required to achieve the defined Objective(s).

The REQUIRED RESOURCES identifies the people, skills, technology, and other items required to achieve the Objective(s).

Finally, RISKS & BLINDSPOTS provide insights into what could stop or delay achieving the intended Objective(s), or even change the initiative altogether.

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