Your strategic compass embraces the competencies and practices around setting an effective direction and then translating that direction into executable initiatives

However, the discipline of Strategic Initiative Management is not directly concerned with whether your strategy is right - only that strategy is correctly implemented.  And that's where SPM comes in.

If correctly implemented, you will get early warnings about whether assumptions built into the strategy still hold. Or whether conditions have changed that might impact effectiveness of your strategy - allowing you to correct course on the fly.

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