Open Up Your Strategy /

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...

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Bibliographic Details
Main Authors:	Stadler, Christian (Author), Hautz, Julia (Author), Matzler, Kurt (Author), von den Eichen, Stephan (Author)
Corporate Author:	Safari, an O'Reilly Media Company
Format:	eBook
Language:	English
Published:	MIT Sloan Management Review, 2021.
Edition:	1st edition
Subjects:	Electronic books.
Online Access:	Connect to this electronic resource

Description
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.
Physical Description:	1 online resource (8 pages)
Format:	Mode of access: World Wide Web.