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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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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
Policies and strategies of a company would be a set of LIVE wiki documents
Hack by Mohammad Oli Ahad on July 17, 2011
A major feature of management in organisations is ongoing change.  Change itself has changed (see Gary Hamel's video on the home page of the MIX).
Hack by Jon Ingham on July 18, 2011
8 core attributes for an enterprise to remain persistently relevant to its customers need to be orchestrated:Visionary leadership - that puts the customer at the heart of the organisation and provides
Hack by Jeremy Cox on February 3, 2014
Start from a resource based view [tangible and intangible assets (inclusing intellectual capital, intangible power/potential and subjective needs] and introduce a vector based value metric that enable
Hack by Peter Bretscher on March 30, 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
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
The Information Age well supports strategic planning if based on principles.
Hack by George Kobak on March 10, 2015
The interest in alternative forms of organization is helped by a greater understanding of their nature.In this Hack, I hope to be clear about what management-less organizations are NOT
Hack by Julian Wilson on November 3, 2014
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

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