The Power of Enterprise-Wide Project Management

10.2. Business Strategy Development Processes: Model #1

Strategic business planning is common and performed to some extent in all enterprises. Some enterprises have a rigorous methodology while others have a more ad-hoc approach. The result in each case is some sort of strategic business plan for the enterprise’s next business cycle. The implementation of each strategy is then managed and monitored and closed when completed or terminated.

Table 10-1 identifies the few basic processes that must be performed to have a simple documented model that will provide the products and information needed to support an effective PBM methodology. These few processes should be applicable regardless of how extensive an enterprise’s overall strategy development ...