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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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US companies have strong interests on expanding internationally, but very little know how to properly strategize and execute.  In this hack, we will talk about the diverse Four types of t
Hack by alan nguyen on July 16, 2011
Virtually every company has some sort of training program with the goal of having their people work smarter, but it is not the program that counts but how effective it is.
Hack by George Kobak on March 24, 2015
For all of the talk about the future, the loss of the great minds of futurism, and the significance that the future may or may not bring; the past can be a great predictor of the future in that there
Hack by Timothy Stafford on December 16, 2010
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
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
Start from a resource based view [tangible and intangible assets (inclusing intellectual capital, intangible power/potential and subjective needs] and introduce a vector based value metric that enable
Hack by Peter Bretscher on March 30, 2014
Ever heard of topsy-turvey? This is a thought about just that. How to turn an organisation on its head and to improve its prospects in our future business world.
Hack by Mark Laycock on December 31, 2010
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
Every public company is controlled by a Board of Directors representing shareholders only; not employees, the community, the environment, or any other stakeholders.
Hack by Dale Bruns on March 13, 2012

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