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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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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
Thought Processes for any kind of issues, growth, ideas are good sign for any company to empower their Human potentials.
Hack by H. Omprakash on March 31, 2014

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