The Glue Holding Your Strategy Together
Today, I’ll be showing you how to accelerate your strategy with project governance.
Has your interest level plummeted because of the g-word?
You’re not alone. When I mention “governance,” some of my clients roll their eyes and give me looks of terror or total disinterest. To many, governance feels like bureaucracy, red tape, and endless meetings. But here's the truth: governance is seriously the
most
useful
GLUE for getting things done.
Governance generates traction
And traction is exactly what’s needed to execute a strategy successfully.? In fact, persistent traction is usually required over 12 months or more.
Without governance, even the most ambitious strategies tend to fizzle out, sidetracked by competing priorities and stretched resources.
Governance can be a game changer
In one mid-sized business I worked with, the leadership and team were incredibly dedicated professionals. They had a clear strategic vision and were working hard on implementing it. But despite their best efforts, they just couldn’t seem to make progress. The CIO (let's call him Ian to protect privacy) told me he felt like he was on a hamster wheel—running flat out, but getting nowhere fast.
The problem was, they had dozens of business-as-usual (BAU) projects, each demanding attention. On top of that, there were more than a dozen strategic projects to execute, each vital to the company’s future growth. The team was spread too thin, and resources were stretched to the limit.? Despite strong motivation and hard work, the strategic initiatives were stalling.
Minimum viable project governance
We decided to run a prioritisation exercise, but instead of merely choosing which projects to focus on, we did something else: we introduced a governance framework to create discipline and structure around their strategic initiatives.
The governance framework helped them prioritize which projects were most important.? It also gave the team a clear decision-making process for allocating resources, resolving conflicts, and holding people accountable.
We implemented a “minimum viable governance” model tailored to the company’s culture—enough structure to keep things on track without introducing unnecessary complexity. Ian, the CIO, and leadership team immediately saw the benefits. Governance became their secret weapon for creating focus and moving the strategy forward with purpose. They could see traction building week by week.
By the end of the first 6 months, Ian had completed two critical strategic projects that had previously been stuck in limbo. Progress was highly visible and motivational.? The team also felt relieved—they weren’t treading water anymore; they were advancing toward their goals.
_______________
3 Tips to Use Governance to Accelerate Strategy
领英推荐
Governance doesn’t have to be a dirty word. When used wisely, it can become the key to turning strategy into action. It’s the glue that holds strategic work together, providing the structure, discipline, and clarity needed to keep teams focused and moving in the right direction.
So, the next time someone mentions governance and your instinct is to groan, remember that the right governance, tailored to your organization, might just be the missing ingredient to help you deliver your strategic goals.
_______________
*** Please forward this newsletter to someone who will also find it valuable. ***
_______________
Quote of the week
"There is nothing so useless as doing efficiently
that which should not be done at all."
Peter Drucker
__________________
Keep turbocharging ??????
_____________
PS Turbocharge your strategic influence???????
Join The Turbochargers Hub ?to use AI in your strategic projects
Email me [email protected] to work with me on strategic planning, execution and AI strategies
Subscribe to this weekly email ?if you received it from a friend
?
About Lisa Carlin
Lisa Carlin ?is a Strategy Execution Specialist.??She works with business leaders to plan and execute their strategies in tough environments.??Her clients love having her expertise and guidance to navigate their workplace culture and use AI to achieve success.
Lisa created?The Turbochargers Hub , so leaders can master the art of strategic influence and generate momentum for organizational change.
Lisa is author of the globally acclaimed newsletter,?Turbocharge Weekly , read by 8,000 business leaders.
Lisa’s career includes roles at McKinsey and Accenture, then running her own business since 1999.??Over this time she has delivered over 50 implementations with a 96% success rate.
Account Manager | New Product Release, Marketing Support
1 个月Very helpful
Australia’s Leading Growth Mentor - Growth Strategist - Executive Mentor - Sales Mentoring - Conference Speaker
1 个月Great article Lisa, well done????
DNR-Discipline's No Reason. Senior Biology Teacher
1 个月Thank you for sharing.Lisa Carlin? Great for practical ways to put governance to work accelerate strategic projects #strategicprojects
This applies to change managers, as well as those leading projects.