Actionable Strategies Through Integrated Performance, Process, Project, and Risk Management

by Stephen S. Bonham

Overview

Strategic management of an organization's activities can be quite complex. Combine this with the overwhelming speed in which golbal markets are changing and sustainable competitive advantage can seem insurmountable. This unique resource presents a new look at how the puzzle pieces of corporate dynamics management can fit together to ensure strategic designs are actionable.

Product Details

ISBN-13:	9781596931190
Publisher:	Artech House, Incorporated
Publication date:	05/31/2008
Edition description:	New Edition
Pages:	284
Product dimensions:	7.10(w) x 10.20(h) x 0.80(d)

About the Author

Stephen S. Bonham is owner of TrueCourse Solutions, Inc. in Denver, Colorado. He has extensive experience in integrating and aligning organizational activities as a program manager, an enterprise architect, and a corporate strategist. Mr. Bonham holds an M.E. in Computer Science from the University of Colorado and an M.B.A. from the University of Denver.

Table of Contents

Preface     xi
References     xiv
Acknowledgments     xv
Strategic Activity Management     1
Fast Industries     1
In High Seas     3
Visibility Management     7
Execution Management     9
Activity Management Silos     11
An Integrated Model     12
Risk     13
Performance     15
Project Portfolio     16
Process     18
Strategic Value-adds     20
Systems versus Culture     22
Support versus Control     24
Summary     26
References     27
Maturity     29
Corporate Maturity     30
STaRS     30
The Pyramid of Organizational Development     32
A Business Maturity Model     37
PePPR Maturity     40
Model Dimensions     40
Capability Maturity Models     42
Execution Maturity Model     46
PePPR and Corporate Maturity     50
Accountability     51
The Virtual Strategic Management Office     52
Summary     54
References     55
Strategy     59
A Brief Introduction to Strategy     59
What Is Strategy?     60
From Goals to Action     61
Strategic Planning     63
Planning Maturity     64
Planning for Control     70
Planning for Execution     72
Planning Methodologies     78
Strategic Analysis     84
Classic Analysis     85
Modern Analysis     87
PePPR Analysis     92
Summary     93
References     94
Performance Management     97
Performance Measurement Frameworks     99
Balance     100
Processes     103
Stakeholders     106
Custom Integration: A Case Study     106
Automated Enterprise Performance Management     109
Data Warehouses     110
Analytics and Business Intelligence     110
Latency     111
Real-Time Performance Tracking     112
EPM and Processes     114
Enterprise Performance Management Control     116
Scorecards and Dashboards     116
Key Performance Indicators      118
Extended EPM     122
Summary     122
References     123
Process Management     125
Business Processes     125
Strategic Activity Processes     128
Value Chain Processes     128
Risk-Based Processes     131
Performance-Based Processes     133
Project Portfolio-Based Processes     134
Process Frameworks     136
Systems-Based Processes     136
Enterprise Quality: Kaizen and Six Sigma     137
Supply Chain Management: Global Supply Chain Forum and Supply Chain Operations References     141
Information Technology: Information Technology Infrastructure Library and Control Objectives for Information and Related Technology/Val IT     145
Enterprise Architectures     149
Summary     151
References     152
Project Portfolio Management     155
Core Project Portfolio Management     155
Strategic Alignment     158
Enterprise Portfolio Management Office     158
Prioritization     158
Balance     160
The Project Pipeline     161
Portfolio Control     162
Portfolio-Level Project Support     166
The Complete Project Pipeline     171
PePPR Project Portfolio Management     173
Process-Based PPM     174
Risk-Based PPM     175
Performance-Based PPM     176
Standards and Frameworks     177
P3M3     177
OPM3     178
Summary     179
References     180
Risk Management     183
Operational Risk     183
An Enterprise Risk Management Methodology     186
Risk Strategy     187
Risk Identification     189
Risk Assessment     194
Risk Mitigation     196
Applied Enterprise Risk Management     201
Regulatory Risk     201
Business Continuity Risk     209
Risk and Performance Management     214
Summary     215
References     216
Integrated Execution     219
Integrated Maturity     219
The PePPR Components     219
An Integrated View     223
PePPR Management Offices     227
Siloed PePPR Management Offices     229
The Integrated PePPR MO      238
Organizational Considerations     241
Summary     244
References     245
List of Acronyms     247
About the Author     251
Index     253