![Initiatives versus Objectives](https://images.squarespace-cdn.com/content/v1/61af660e0ccda12fd7774c2a/1710337889117-5HQK6429KLY49U7GWB3I/Initiatives+vs+Objectives+6.png)
Initiatives versus Objectives
People working with Objectives (for example, with the OKRs framework) seem a bit confused by the concept of Initiatives. Some consultants put Initiatives below Objectives; others put them above. (And most have never heard of Initiatives.)
![You Are a Portfolio Manager (Everyone Is)](https://images.squarespace-cdn.com/content/v1/61af660e0ccda12fd7774c2a/1709129047337-9JAXCE5ZQV08L2HN1SSJ/unfix-initiatives.png)
You Are a Portfolio Manager (Everyone Is)
If you don't manage your portfolios, you only build but never own.
![Ten Lifecycle Stages of a Value Stream](https://images.squarespace-cdn.com/content/v1/61af660e0ccda12fd7774c2a/1684843288282-SXW608Q99T48N10TIPJI/lifecycle-stages-social.png)
Ten Lifecycle Stages of a Value Stream
The ten lifecycle stages are fractal: they can apply to entire businesses and individual feature sets.
![The next phase: Formation and Validation](https://images.squarespace-cdn.com/content/v1/61af660e0ccda12fd7774c2a/1667033707261-6B4MSJSC84GJH0H2CGUO/trello.png)
The next phase: Formation and Validation
How do we turn unFIX into a viable business that helps people make their own methods? How do we help organizations to scale out rather than scale up?