From the course: Strategic Planning: Case Studies
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Assess the initiative portfolio
From the course: Strategic Planning: Case Studies
Assess the initiative portfolio
- Assessing your initiative portfolio is a critical element of ensuring you have a diversified plan, and you're taking on an appropriate balance of risk. Assess the risk associated with your entire slate of initiatives. Let's look at Batter Up's portfolio. Their first idea is a basketball rec league. This is a medium-term project with low risk. They can start small. They know how to run a league and they can pretty easily recruit players and volunteers. They can even start with their existing player-base. Their next idea is offering a high school rec league. This is a medium-term idea with low risk. They already have the program in place, they just need to recruit a new level of players. They can even draw from players who are in their league who are moving up to grades nine through 12. Their next idea is building a miracle league. This is a long-term idea with pretty high risk. They'll need new facilities with accommodations…