Business Initiatives and Projects

Organizations establish Business Initiatives to focus on and achieve business outcomes.  Examples of business outcomes could be 100% customer satisfaction, increase employee retention, reduce costs, etc.  To complete a Business Initiative and achieve the business outcome, one or many Projects can be struck.  There may be a technology project, a business process project, a reorganization project and/or a training project. Each of the Projects are to contribute to achieving the organization’s business outcome.  The overall Business Initiative helps to focus all of the Projects on accomplishing the desired business outcome.  The Projects are like pieces of a puzzle that must come together to support the big picture represented by the Business Initiative.