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Make direction setting bottom-up and outside-in

“All stakeholders need a role in setting strategic direction.”

As the pace of change accelerates and the business environment becomes more complex, it will become increasingly difficult for any small group of senior executives to chart the path of corporate renewal. That’s why the responsibility for defining direction must be broadly shared—with all organizational members and interested external constituencies. Only a broad, participatory process can engender wholehearted and widespread commitment to proactive change. When it comes to setting direction, influence should be a product of foresight and insight rather than power and position.

52 Stories
104 Hacks
7 Barriers

Make direction setting bottom-up and outside-in

“All stakeholders need a role in setting strategic direction.”

As the pace of change accelerates and the business environment becomes more complex, it will become increasingly difficult for any small group of senior executives to chart the path of corporate renewal. That’s why the responsibility for defining direction must be broadly shared—with all organizational members and interested external constituencies. Only a broad, participatory process can engender wholehearted and widespread commitment to proactive change. When it comes to setting direction, influence should be a product of foresight and insight rather than power and position.

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Industries and markets are led by organizations that have great products and services.
Hack by Bibi N. Alli on September 28, 2016
The factory floor of many organisations is the wild west of the work place.Much of the work is extremely repetitive and boring.
Hack by Stu Wilkinson on December 6, 2011
‘Going to work’ used to mean showing up at the office where your manager would tell you what to work on that day and closely monitor your progress. This is obviously no longer the case.
The Innovatron is a platform that brings all employees (and possibly other stakeholders as well) together to propose, assess, finance and implement new ideas in a venture capi
Hack by Jacques Warichet on January 4, 2013
Most businesses do a poor job of encouraging daily innovation from employees.
Big Thorny Challenge: What passes for enterprise strategy falls way short of the need and opportunity.
Hack by Richard Melrose on June 30, 2011
A collaborative business planning and execution approach holds the promise of increasing the success rates for achieving corporate goals.
Hack by Matt Johnson on April 29, 2012
Individuals working in large traditional corporates do have tremendous potential. Are they able to explore all of them? There are number of push-back factors need to be addressed very carefully.
Hack by Ghanshyam Sharan Singh on February 21, 2014

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