Initiative
Also called: strategic initiative
A time-bound effort that mobilizes resources toward one or more strategic objectives.
A time-bound effort that mobilizes resources toward one or more strategic objectives. Recording it forces each investment to declare which objectives it pursues, making the link between spend and strategy explicit.
Forcing each one to declare which objective it serves is a cheap and severe filter. It is common to find that two or three initiatives under way answer to no declared objective, and that one competes with another for the same outcome.
