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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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Door hangers are another unique kind of marketing materials that are being used for hoteling business as well as brand promotions.
Story by Alina Khan on April 29, 2020
If value chains are being transformed into value networks and hierarchies turn into collaborative communities, will traditional sales still be effective?
Hack by andreas uthmann on June 2, 2011
Critical Business Change is a new way of thinking to help companies evolve in a changing, interconnected world.
Hack by Orlando Solis on October 15, 2010
I have never tried to define a bureaucrat, even thought I have encountered many over my career. Now, I think I have a definition of how it feels when you meet one.
Story by Jim McGriff, Jr. on August 26, 2015
Extend "first right of refusal" to customers to own the company's stock, whenever there is a need for new/ additional external investment.
Hack by Niranjan Rao on May 10, 2012
For decades, trucking has connected America. The industry brings freight from coast to coast on a daily basis.
Story by Dennis Hernandez on May 10, 2020
The interest in alternative forms of organization is helped by a greater understanding of their nature.In this Hack, I hope to be clear about what management-less organizations are NOT
Hack by Julian Wilson on November 3, 2014

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