STEP |
Develop idea |
Detail business case |
Plan implementation |
Deliver on plan |
Realize full-value |
Provides leadership team with visibility on progress and cohesiveness of initiative portfolio |
DI-STATUS |
DI 1 Idea substantiated |
DI 2 Business plan defined |
DI 3 Implementation signed-off |
DI 4 Implementation done |
DI 5 Full-value realized |
Enforce stakeholders to engage along the initiative lifecycle and take on responsibility |
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ACTIVITY
• High-level hypothesis defined
• Alignment of idea with strategy
• Impact linked to value drivers
STAKEHOLDER INVOLVEMENT
• Idea validated and concept detailed
• Business case reviewed
• Implementation plan defined
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• Implementation concept developed
• Timeline with responsibilities defined
• Resources for delivery available
• Risks & interdependencies managed
• Reporting ( Actuals / Forecast ) established
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• Financial and operational impact tracked
• Sustainability confirmed ( one-off effect / sustained effect )
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Support teams with standard practices along stage-gates and remove bureaucracy |
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Initiative lead
Finance lead
Functional leads
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Combines top-down aspirational approach with bottom-up problem- solving capabilities |
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