Open up your strategy : making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions / Christian Stadler, Julia Hautz, Kurt Matzler, Stephan Friedrich von den Eichen.
Making strategy behind closed doors results in copycat, unimaginative, and biased strategies that often fail. Opening up your strategy-making process to participants from outside the C-suite -- and outside your company -- offers leadership teams access to diverse sources of external knowledge, expos...
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| Online Access: |
Full Text (via O'Reilly/Safari) |
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| Main Authors: | , , , |
| Format: | eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
MIT Sloan Management Review,
2021.
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| Edition: | [First edition]. |
| Subjects: |
| Summary: | Making strategy behind closed doors results in copycat, unimaginative, and biased strategies that often fail. Opening up your strategy-making process to participants from outside the C-suite -- and outside your company -- offers leadership teams access to diverse sources of external knowledge, exposes cognitive biases, and builds the buy-in needed to speed execution. The authors describe the steps leaders must take to successfully implement open strategy at their companies. |
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| Physical Description: | 1 online resource (8 pages) |
| Bibliography: | Includes bibliographical references. |
| Source of Description, Etc. Note: | Online resource; title from title details screen (O'Reilly, viewed February 17, 2022). |