Fit to Be Adopted

Since ISO 56007 recommendations include several selection criteria for ensuring company alignment, this chapter provides additional insights on the concept of Strategic or Investor fit. It stresses the importance of verifying the Strategic fit as a prerequisite for Investor buy-in and the need for the project to align with the Investor’s Mission, strategy, image, and brand. The chapter also highlights the contribution of the Opportunity to the company’s Key indicators of Success (KISs) and/or key performance indicators (KPIs). It suggests that organizations should establish criteria to verify if a project fits their strategy and emphasizes the need for a Mission/KPI filtering process to guide employees and encourage innovation. Failing that can hinder innovation and performance. Sharing these criteria with employees gives them permission to take initiatives that are collectively aligned with the strategy.