Strategic Initiative Risk Mapping & Mitigation
Strategic initiatives require bringing in the right talent at the right time.
Often, this means pulling your best people from legacy work so they can focus on the future. Trouble identifying and efficiently backfilling those positions is just one of the many talent risks that can put the success of a strategic initiative at risk. Another is ensuring that 3-36 months out, the right talent with right skillsets will be available to deliver – even with myriad competing priorities.
At STC, we help leaders to de-risk and deliver on high-stakes, high-visibility projects with confidence.
Start with Strategy
Our Big Picture tool zooms in to quickly articulate and test alignment between business strategy, day to day priorities, and the unique demands of strategic initiatives. We make sure everyone from the board to the frontline can MEASURABLY prove they are aligned and then prioritize their day to day accordingly. Even if they’re spread across teams and around the world.
Assess
We gather data on the talent-related risks that often derail strategic initiatives such as skill gaps, execution bottlenecks, mismatched priorities, and role confusion. Our Knowledge Silo Matrix maps the work of your teams and tells you precisely who does what work where. The Matrix pinpoints where delays, rising costs, or inconsistent outputs are rooted in workforce challenges.
Align
Team leaders can present their Big Picture and prioritized talent risks in 10 minutes. Among other insights, the data guides the conversation to prioritize the work of the individuals who are pulled in multiple directions, within a team and across whole divisions. This ensures strategic initiatives have the talent they need to execute on time and on budget today and 3-36 months out. When your best people are pulled in too many directions, this alignment step is critical to keep them from burnout.
Take Action
We know from deep experience that it is much easier to design, plan and launch a strategic initiative than it is to finish it. Getting to “done” in a timely way is critical to protecting competitive advantage, profitability, and culture.
We provide detailed scorecards and reporting to guide decisions, measure progress, and track risks. Then, we work with your teams to mitigate the highest priority risks by drafting clear action plans that include clarifying responsibilities, timelines, and closing skill gaps. We inform on the “people part” so your initiatives stay on time and on budget.
When getting to “done” requires replicating top talent or upskilling your team, our targeted and measurable Knowledge Transfer Process will get your people working independently in half the time.
Get in Touch
Contact our team today to discuss how we can protect your high stakes strategic initiative.
Not yet ready to connect?
Download our 4-Step Methodology to learn more about the work we do.