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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
Most businesses do a poor job of encouraging daily innovation from employees.
Although the spectrum of possibilities offered by contemporary collaborative technologies for energizing our workspaces has broadened considerably in the recent years, we believe there is still signif
Hack by Emmanuel Kaldis on March 30, 2014
The Blue Cross Blue Shield Federal Employee Program (FEP) uses an innovative meeting process to quickly access the most untapped resource in almost every company, and then uses that resource to transf
Story by Rod Collins on June 1, 2010
Most innovators, enlightened business leaders and change agents are on-board with a customer-centric belief system. It makes good sense.
Hack by Lori Turner on September 13, 2016
Big Thorny Challenge: What passes for enterprise strategy falls way short of the need and opportunity.
Hack by Richard Melrose on June 30, 2011
Industries and markets are led by organizations that have great products and services.
Hack by Bibi N. Alli on September 28, 2016
METROLEADS is an innovative culture-shaping, growth and solutions-oriented higher education program aimed at increasing employee engagement, the flow of ideas at Metropolitan State College o
Story by Paul Cesare on January 14, 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

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