What is strategic intent?
Strategic intent is the term used to describe the aspirational plans, overarching purpose or intended direction of travel needed to reach an organisational vision.
Beneficial change results from the strategic intent, ambitions and needs of an organisation.
Delivering strategy is enabled through the use of projects, programmes and portfolios. Portfolios structure investments in line with strategic objectives, whilst balancing, aligning and scrutinising capacity and resources.
Programmes combine business-as-usual with projects and steady state activity dictated by strategic priorities. Projects are transient endeavours that bring about change and achieve planned objectives.
Together, they combine to deliver the beneficial change required to implement, enable and satisfy the strategic intent of the organisation. (Bok7 1.1.2)
Strategic intent drives organisations to maintain competitive advantage or seek a new one (i.e. change). The strategic intent leads to the development of specific change initiatives within a portfolio structure. Specific initiatives, aligned to the strategic intent, are selected on the basis of available capabilities and resources that can be deployed. (Bok7 1.1.3)
Kotter’s Eight Steps
Dr John Kotter has been involved in change and leadership research for nearly 40 years. He identified and extracted the success factors and combined them into a methodology, the eight-step process:
- Create a sense of urgency
- Build a guiding coalition
- Form a strategic vision and initiatives
- Enlist a volunteer army
- Enable action by removing barriers
- Generate short-term wins
- Sustain acceleration
- Institutionalise change
(APM’s Introduction to Managing Change 2017)
Strategic management is the identification, selection and implementation of an organisation’s long-term goals and objectives.
All projects and programmes are ultimately created to deliver change of one form or another...Key drivers of this change include strategic direction.
APM Body of Knowledge 7th edition
You can learn more about strategic intent in chapter one of the APM Body of Knowledge 7th edition.
The APM Body of Knowledge 7th edition is a foundational resource providing the concepts, functions and activities that make up professional project management. It reflects the developing profession, recognising project-based working at all levels, and across all sectors for influencers, decision makers, project professionals and their teams.
The seventh edition continues in the spirit of previous editions, collaborating with the project community to create a foundation for the successful delivery of projects, programmes and portfolios.
Benefits realisation management and its influence on project success and on the execution of business strategies RESEARCH
This article looks at the success rates of projects using benefits realisation management (BRM) practices in organisations surveyed in Brazil, the UK and the USA. The aim of the paper is to test the relationship between BRM practices and perceptions of project success.... read more