Strategic Dynamic Capability

Written on October 1, by Erik Van den broecke 2

I encoutered the term "Strategic Dynamic Capability" the first time in 2003 while reading the book Enterprise Programme Management written in 2001 by Tim Parr and David Wlliams, two strategy implementation consultants from Deloiite UK

Strategic Dynamic Capability is positioned as a new capability that organizations need to develop in order to survive and thrive in turbulent environments. The capability enables organisations to quickly re-align and adapt its change initiatives when the organisation's strategy has changed due to a sudden events in the environment. Change initiatives can range from project portfolios, to program, projects and incremental improvement activities.

The capability itself is composed of two major management approaches, namely strategic project portfolio management and program management.Today both approaches have been accepted as dominant standrad appraches by the community of project management practioners.

However Strategic Dynamic Capability only emerges if the two approaches are implemented in a fully integrated way, and on top of that, interfacing well with a number of other managelment approaches in the organisation, such as project management, line and stategic management.

I use the term Strategic Dynamic Capability frequently during my consultng assignments and I notice it helps customers to define the business case for implementing project portfolio and program management

Is any-one else using this "Strategic Dynamic Capability" term? If yes, thanks for sharing your experience.

Regards,

Erik Van den broecke
Managing Director
Itinera Management Services & Consulting

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- Tags: performance of organisations, program management, project portfolio management
- Category: 1. Project Portfolio & Program Management
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