Strategic mgt. process applied to project managemt

In any effort towards enhancement of systems or processes, success is largely a function of the understanding that change is a necessary adjunct of improvement (Langley, et al., 2009). Kaplan and Norton (2008) argued that modern business is already blessed with the so-called building blocks towards effective strategy formulation and execution, as well as, the necessary tools to ensure operational efficacy. However, for a synergy of the building blocks and tools to drive an organisation towards desired performance and outcomes, the missing link consists of what Kaplan and Norton (2008) described as a comprehensive framework to integrate all these tools so that they are properly aligned and synchronised (p. 31). Execution Premium Process (XPP) is the solution proposed by Kaplan and Norton