Content Comparison

Calculate priority scores, rank initiatives accordingly, and perform a manual review to ensure practicality and alignment with business insights.

Calculate priority scores:

Use the enhanced RICE formula incorporating strategic alignment:

Priority score = (Reach×Impact×Confidence×Strategic alignment) / Effort​

For each initiative, compute the priority score using the assigned values

Rank initiatives:

Sort the initiatives in descending order based on their priority scores.

This initial ranking provides a data-driven hierarchy of initiatives.

Review dependencies. :

Identify any initiatives that depend on the completion of others, and adjust the ranking to account for these dependencies.

Assess external factors. :

Consider market trends, regulatory changes, or competitive pressures that might affect the priority. Modify rankings if certain initiatives have strategic urgency.

Align with strategic goals. :

Ensure that the highest-ranked initiatives align with both business unit and company-wide strategic objectives. Re-prioritise if necessary to better support strategic alignment.