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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.

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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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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
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
The environment continues to degrade as a result of industrial activity despite various attempts to change the behaviour of organisations.
Using the theory behind existing technologies to change the way organizations manage innovation.
Hack by Amanda Drescher on June 2, 2011
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
Individuals working in large traditional corporates do have tremendous potential. Are they able to explore all of them? There are number of push-back factors need to be addressed very carefully.
Hack by Ghanshyam Sharan Singh on February 21, 2014
For all of the talk about the future, the loss of the great minds of futurism, and the significance that the future may or may not bring; the past can be a great predictor of the future in that there
Hack by Timothy Stafford on December 16, 2010
 The performance of a company is intrinsic with the employees associated with the organisation. Every employee and his contribution is part of the core ethos of a successful organization.
Hack by Amit Namjoshi on October 31, 2013

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