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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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SVM is a comprehensive, capital based approach to sustainability mapping costs/ benefits of a company’s activities accruing to the corporate, the individual and society throughout the value chain.
Hack by Luke Johnson on May 10, 2012
Extend "first right of refusal" to customers to own the company's stock, whenever there is a need for new/ additional external investment.
Hack by Niranjan Rao on May 10, 2012
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
The environment continues to degrade as a result of industrial activity despite various attempts to change the behaviour of organisations.
Syndicate assignments are a component of the business school learning process, although these can present a challenge in terms of productivity.
Barrier by Rob Brine on May 2, 2012
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
Are you encouraging the right behaviors and valuing the right skills to succeed in an Enterprise 2.0 world? Most have experienced the power of "Web 2.0" tools -- tools like
Hack by Ben Willis on April 26, 2012
Co-Authored By Nyla Reed

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