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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.

52 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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There are many good people out there who are trying to do something about the woeful state of the strong wool industry.  Synthetics have spanked wool in the market place in price and promotion, y
Hack by Angela McFetridge on December 8, 2012
It is time to abolish the role and title of Chief Executive Officer or Managing Director in many corporations.The head of the senior management team should be a customer.
Hack by Geoff Barbaro on October 10, 2010
The Watson can change middle management, or so IBM implies. I understand the impact of computer programs and big data can help or hender the first line manager.
Story by Jim McGriff, Jr. on August 20, 2015
An  annual meeting for company management, staff, shareholders, and members of the general public to discuss issues such as company direction, policy, social and environmental impact.
Hack by Andy Chapman 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
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
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

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