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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.

50 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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Measure the attitudes of your stakeholders in surveys. Link their scores to financial performance using factor analysis and structural equations.
Hack by Anders Magnusson on May 26, 2010
Create a crack team of change agents available to parachute into businesses and support the empowerment of it's intrapreneurs to affect the culture of the company and establish an openness to innovati
Hack by Mike Orchard on June 29, 2013
The world of work has grown increasingly complex in recent years, making the task of management increasingly difficult and the ability for people to self-manage is severely constrained.  Managing
Hack by David De Spong on July 18, 2011
A MissionMosaic mixes individual stories of staff which mirror a mission value into a coherent whole.
Hack by Olaf Du Pont on June 6, 2013
Communities exist because the individuals that participate get more out then they put in, scaling from very little value to significant value.
Hack by Rachel Happe on May 26, 2011
Our Hack was inspired by Coens & Jenkin’s book “Abolishing Performance Appraisals.”  There are several other academic books and papers, blog postings, and even hacks that recommend doing away
Hack by Andy Lippok on July 16, 2013
3M takes its Markets of the Future process from a cloistered analysis by corporate strategists to a global Web 2.0-enabled event, tapping the collective insight of 20,500 3Mers in over 60 countries.&n
Story by Barry K. Dayton on June 16, 2011
Over the years I've participated in countless strategic planning projects, having spent several years as a management consultant and then as a member of the executive team of several public companies.
Story by Jackie Yeaney on November 10, 2011
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
Life is inherently a very dynamic process and, therefore, a constant balancing both at the individual and group level.
Hack by Charles Ehin on March 9, 2012

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