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.
Authors
- Marc J. Ventresca (ORCID: https://orcid.org/0009-0007-5825-4504)
- Malcolm McCulloch (ORCID: https://orcid.org/0000-0001-5378-1128)
- Daniel Erian Armanios (ORCID: https://orcid.org/0000-0001-7100-2861)
- Maher K. Itani
Institutions
- University of Oxford (GB)
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