Major Program Value Creation and Capture: The S <sup>3</sup> Framework for Mitigating Risk Propagation to Maximize Opportunities

Large-scale, mission-critical initiatives are increasingly deployed through major programs or assemblies of projects that span and situate across sectors, industries, and/or geographies. To better track risk propagation within major programs, this article reconceptualizes them as temporary ecosystems or interlinked organizations whose project-based interdependencies last until the program’s conclusion. This basis motivates our S 3 framework and its three unifying themes. Scoping identifies program vulnerabilities to disruptions. Scaffolding develops digital and organizational tools to connect program skills with needs. Sensing engages with those oft-excluded in programs. We then apply this framework to the Oman Vision 2040 program and a hypothetical peacekeeping mission scenario to demonstrate the framework’s practicality.

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Publication Details

Journal
California Management Review
Published
2025-04-26
DOI
https://doi.org/10.1177/00081256251324255
Citations
5
Primary Topic
Health and Medical Research Impacts
Type
article
Field-Weighted Citation Impact
9.39
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article

Major Program Value Creation and Capture: The S 3 Framework for Mitigating Risk Propagation to Maximize Opportunities

Marc J. Ventresca, Malcolm McCulloch, Daniel Erian Armanios, Maher K. Itani
5 citations
California Management Review
Health and Medical Research Impacts
9.39
article

Major Program Value Creation and Capture: The S 3 Framework for Mitigating Risk Propagation to Maximize Opportunities

Marc J. Ventresca, Malcolm McCulloch, Daniel Erian Armanios, Maher K. Itani
article en
5 citations

Abstract

Large-scale, mission-critical initiatives are increasingly deployed through major programs or assemblies of projects that span and situate across sectors, industries, and/or geographies. To better track risk propagation within major programs, this article reconceptualizes them as temporary ecosystems or interlinked organizations whose project-based interdependencies last until the program’s conclusion. This basis motivates our S 3 framework and its three unifying themes. Scoping identifies program vulnerabilities to disruptions. Scaffolding develops digital and organizational tools to connect program skills with needs. Sensing engages with those oft-excluded in programs. We then apply this framework to the Oman Vision 2040 program and a hypothetical peacekeeping mission scenario to demonstrate the framework’s practicality.

California Management ReviewVol. 67(3)
University of Oxford (GB)
Openalex Percentile: Top 2%
Health and Medical Research Impacts
9.39
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