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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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The world of management is full of myths and rituals. Many seem to have been with us forever, often explained and justified as “we have always done it like this”.
Hack by Bjarte Bogsnes on January 23, 2017
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
We need to create a kickstarter like experience to solve business and real-live challenges where people and companies can donate money or workforce to help solving problems.
Hack by Johannes Boppre on March 26, 2014
A stockroom employee of a national-chain discount department store describes the "game" she and other front-line workers play as they observe management's questionable decisions.
Hack by Nicole Sanchez on September 18, 2010
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
Seven hundred thousand children were neglected and/or abused in the U.S.
Hack by Kathleen Feely on December 16, 2011
How many times have you been asked if you’re crazy?Insanity has been defined by many great scholars, including the great theoretical physicist Albert Einstein, as doing the same thing over, and over a
Hack by Tara Waite on December 4, 2011
There’s plenty of material on the Internet about what fear is, but for the purposes of this Hack, let’s call it the ‘barrier to change.’ After reading a lot of great articles and books the message is
Hack by Pumuka Reid on December 5, 2011
Bureaucracy today has become a disreputable word for us, but bureaucracy was born out of a need to manage resources as organizations progressively became larger in scope.
Hack by rahul kumar on December 1, 2011
Creativity and Innovation at the front line has to be nurtured alongside the Lean methodologies by combining all the tools, philosophies, and processes.
Hack by Ron Yartz on January 7, 2015

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