Business Program Initiation Assesment

Running head: BUSINESS PROGRAM INITIATION ASSESSMENT
BUSINESS PROGRAM INITIATION ASSESSMENT
Name of the student:
Name of the university:
Author Note:

1BUSINESS PROGRAM INITIATION ASSESSMENT
Table of Contents
Response to Question 1..................................................................................................1
The Business Case of Executive Coaching................................................................1
Background of Programme....................................................................................1
Rationale behind the programme...........................................................................1
Alternative considered...........................................................................................2
Alternatives not considered....................................................................................2
Expected benefits...................................................................................................2
Expected dis-benefits.............................................................................................2
Estimated costs.......................................................................................................2
Investment portfolio...............................................................................................2
Funding arrangements............................................................................................3
Risk identification..................................................................................................4
Impact of risks in the programme..........................................................................4
The timescale of delivery outputs..........................................................................4
The timescale of realisation of benefits.................................................................4
Response to Question 2..................................................................................................5
Discussion with stakeholders.....................................................................................5
Agreeing on the program issue..............................................................................5
Identifying the key factors.....................................................................................5
Analysing the key factors.......................................................................................5
Generating scenarios..............................................................................................5
Transfer scenarios..................................................................................................5
Documentation of the future state scenario............................................................6
Response to Question 3..................................................................................................7
Evaluation of Internal and External Contexts............................................................7

2BUSINESS PROGRAM INITIATION ASSESSMENT
Desired future state................................................................................................7
Program execution approach..................................................................................7
Business case..........................................................................................................7
Response to question 4...................................................................................................8
Stage of Negotiation...................................................................................................8
Negotiation process................................................................................................8
Process of Negotiation :.........................................................................................8
Response to question 5...................................................................................................9
Structure, revision and documentation of policy.......................................................9
Structure of policy..................................................................................................9
Revsion of policy...................................................................................................9
Documentation of the policy..................................................................................9
Response to question 6.................................................................................................10
Creation of program future state model...................................................................10
Response to question 7.................................................................................................11
Program governance model......................................................................................11
Bibliography.................................................................................................................12

3BUSINESS PROGRAM INITIATION ASSESSMENT
Response to Question 1
PWC Australia (taken as an example) wants to frame an executive coaching
programme in the company.
The Business Case of Executive Coaching
Background of Programme
It implements the executive coaching within the training and development plan to
bring the leadership skill enhancement and fill the gaps in the succession planning plans
charted in this current year because of shortage of skilled manpower in the company for the
past 3 months.
Rationale behind the programme
The rationale behind the programme is to increase the inner core attributes of
personality, self-reflection, discipline, performance and the skill enhancement to develop as
potential leaders and guide the departmental teams with efficiency. This will help in
promotion to top management and better direction in the career development.
Alternative considered
a. Mentoring of the existing staff
b. Internal promotion or transfer of staff
Alternatives not considered
a. External Recruitment of new skilled labour
Expected benefits
a. Better departmental leaders
b. Management succession
c. Replacement planning made easy
d. We can make succession chart for director for human capital
Expected dis-benefits
a. Time consuming form of coaching
b. Too much pressure on the existing staff to perform better
Estimated costs
a. The opportunity cost of the time taken in training the staff
b. Expensive learning modules
c. Specialised coach for training the staff