Using Business Integrated Governance to improve Strategy Delivery – Strategy Perspective and Deep Dive
June 5, 2024
A Vision for the Capability Needed for Effective Strategy Delivery
June 13, 2024
A key aspect to the presentation:
"Why, What, and How you can improve Strategy Delivery using fit-for-purpose integrated governance?"
was the role of integrated governance. This blog provides a summary of what was presented and discussed between:
Lindie Grebe – Academic, Corporate Governance and Reputation Consultant
Martin Samphire – Previous APM Governance SIG committee member and author
David Dunning - lead author on Business Integrated Governance
... on the The role of Business Integrated Governance in Strategy Delivery.
Main Topics:
The BIG Framework: The BIG Framework is a model for aligning corporate governance with strategic objectives and operations across the organization. It aims to address the challenges of traditional hierarchical frameworks and ensure effective management of priorities.
- Key Concepts and Principles: The framework is based on several key concepts, such as accountability, collaboration, and integration, that guide its implementation. It also has a set of principles that reflect the essential aspects of good governance, such as strategy, data, empowerment, and agility.
- Components and Methodologies: The framework includes various components that work together to create a governance ecosystem, such as organization, governance, accountability, management information and data, business support, and leadership. It also provides methodologies and tools for assessing readiness, establishing agendas, and creating information models.
- What BIG is Not: The framework is not a one-size-fits-all solution, but rather a toolbox to deliver solutions with. It is not a control and compliance mechanism, nor a replacement for project portfolio or program management. It is not a complete set of tools that can be applied without customization, and it is not simple or easy.
- Discussion Highlights: The discussion highlights the importance of aligning corporate governance with the organization's purpose and decision-making processes. The key points emphasized include compliance vs. purpose, strategy integration, clear decision-making, accountability and measurement, agility, and avoiding misrepresentation.
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