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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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GameChanger is a simple, flexible, and real-time innovation process run by an autonomous team at Shell that invests in helping people develop their novel ideas from genesis to proof of concept. 
Story by Russ Conser on January 7, 2013
The Innovatron is a platform that brings all employees (and possibly other stakeholders as well) together to propose, assess, finance and implement new ideas in a venture capi
Hack by Jacques Warichet on January 4, 2013
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
Top executives’ tentatively agree on the BIG Rocks (strategic changes).  Then provide the Big Rocks to managers and staff and ask them to identify what they think are the Big Rocks.  The res
Hack by George Neufeld on November 27, 2012
The Indian market is witnessing an exponential increase in the Small and Medium-sized enterprises (SMEs) with the direct rise in global opportunities.
Barrier by Ramesh Dasary on November 19, 2012
Decision making process relied for ages (and still does in a majority of cases) on a top-down approach, where decisions are taken by senior executives and executed by all layers below in a pre-defined
Most companies have implemented “best practice sharing” processes that help identify local innovations and seek to scale them by providing corporate resources.  While well-intentioned, these effo
Hack by Colin Cunningham on June 14, 2012

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