BKACTSTR.RVW 20090520 "Actionable Strategies", Stephen S. Bonham, 2008, 978-1-59693-119-0, U$59.00/C$70.95 %A Stephen S. Bonham %C 685 Canton St., Norwood, MA 02062 %D 2008 %G 978-1-59693-119-0 1-59693-119-1 %I Artech House/Horizon %O U$59.00/C$70.95 617-769-9750 artech@artech-house.com %O http://www.amazon.com/exec/obidos/ASIN/1596931191/robsladesinterne http://www.amazon.co.uk/exec/obidos/ASIN/1596931191/robsladesinte-21 %O http://www.amazon.ca/exec/obidos/ASIN/1596931191/robsladesin03-20 %O Audience i Tech 1 Writing 1 (see revfaq.htm for explanation) %P 261 p. %T "Actionable Strategies" The preface asserts that management or control approaches are generally pursued from the separate viewpoints of performance (metrics of various types), process (a beloved but ill-defined piece of business jargon, roughly meaning "how we do things"), project portfolio (the range, scope, and particularly diversity of projects or products, poorly explained by Bonham), or risk management (which requires whole books to even define). (These four items are abbreviated, by the author, as PePPR.) As the author points out, there is a good deal of overlap of information required in these four areas, and an integrated approach might produce benefits. This is said with a great deal of verbiage, and a wealth of buzzphrases. Chapter one starts by quoting Raynor's "Strategy Paradox" that companies can't adapt because the environment is simply changing too rapidly for anyone even to keep up with it: businesses must prepare for change, but can't prepare for everything that might happen. Bonham then goes on to say that businesses need to be adaptive and prepared, and gives other equally contradictory advice. PePPR is again surrounded by a storm of utterances, with little that is useful. Although chapter two is entitled "Maturity," and the Capability Maturity Model is briefly mentioned, the Deloitte Business Maturity Model is presented in two completely disjoint ways, and is forced into alignment with two separate lifecycle or project models, leading to a complete shambles which does not explain anything about business maturity at all. Towards the end an "execution" maturity model of astounding complexity is attempted. A generic overview of some planning models is given in chapter three. A survey of various models and ideas on performance management is provided in chapter four, with process management dealt with in five. Project portfolio management, in chapter six, does note the need to balance return on investment, strategic alignment, organizational support, architectural alignment, asset leverage, and resource availability. The way to do this, apparently, is to have good project management. Some finance-oriented (capital risk) risk management frameworks and general concepts are discussed in chapter seven. Bonham throws a lot of words at the idea of integrated execution in chapter eight, but without providing much useful guidance. There are a great many business references in this work, and a good deal of erudition. Unfortunately, the content and writing does not provide useful guidance to those having to make difficult business decisions in tumultuous times. Those who have used and worked with these approaches, and who have worked with the range of them, will best know whether they can be integrated and the combined process used to advantage. Those people will not need this book. copyright Robert M. Slade, 2009 BKACTSTR.RVW 20090520