A Vision for the Capability Needed for Effective Strategy Delivery

This presentation:

• Introduces the concept of business integrated governance (BIG): BIG is a framework for aligning strategy, operations and governance in organisations. It consists of three fundamental concepts: 
  • a strategy information model, 
  • a strategy operating model and 
  • a governance operating model.
• Explains the components of the strategy information model: The strategy information model is a collection of complete and coherent information that describes the strategy of the organisation. 
  • It includes the purpose, vision, mission, strategic direction, strategic plan, operating plan, business planning and business cases of the organisation.
  • A Document Library is needed to create, store an configuration manage the information held within documents
  • A backbone for the objectives and key results is needed to help manage accountability
  • A Data capability and a Management Information capability is needed to present key result information and other key performance indicators
• Highlights the importance of dynamic, responsive and adaptive strategy: The strategy information model should be kept live and current, and the organisation should be able to change direction according to the changing environment and opportunities – hence the need for agility in strategy delivery.
• Describes the elements of the governance operating model: The governance operating model is the means to deliver and align the strategy with the business. 
• The presentation outlines the role and importance of each component: 
  • organisation
  • accountability
  • governance
  • data
  • information
  • assurance
  • business support and 
  • leadership
• Provides a link to a body of knowledge that contains more details about BIG: The BIG Body of Knowledge that has all the information about BIG written down. Please see the links below.