Open Strategy

Open Strategy

Author: Christian Stadler

Publisher: MIT Press

ISBN: 9780262366816

Category: Business & Economics

Page: 144

View: 547

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How smart companies are opening up strategic initiatives to involve front-line employees, experts, suppliers, customers, entrepreneurs, and even competitors. Why are some of the world’s most successful companies able to stay ahead of disruption, adopting and implementing innovative strategies, while others struggle? It’s not because they hire a new CEO or expensive consultants but rather because these pioneering companies have adopted a new way of strategizing. Instead of keeping strategic deliberations within the C-Suite, they open up strategic initiatives to a diverse group of stakeholders—front-line employees, experts, suppliers, customers, entrepreneurs, and even competitors. Open Strategy presents a new philosophy, key tools, step-by-step advice, and fascinating case studies—from companies that range from Barclays to Adidas—to guide business leaders in this groundbreaking approach to strategy. The authors—business-strategy experts from both academia and management consulting—introduce tools for each of the three stages of strategy-making: idea generation, plan formulation, and implementation. These are digital tools (including strategy contests), which allow the widest participation; hybrid digital/in-person tools (including a “nightmare competitor challenge”); a workshop tool that gamifies the business model development process; and tools that help companies implement and sustain open strategy efforts. Open strategy has an astonishing track record: a survey of 200 business leaders shows that although open-strategy techniques were deployed for only 30 percent of their initiatives, those same initiatives generated 50 percent of their revenues and profits. This book offers a roadmap for this kind of success.
Open Strategy
Language: en
Pages: 144
Authors: Christian Stadler, Julia Hautz, Kurt Matzler, Stephan Friedrich von den Eichen
Categories: Business & Economics
Type: BOOK - Published: 2021-10-12 - Publisher: MIT Press

How smart companies are opening up strategic initiatives to involve front-line employees, experts, suppliers, customers, entrepreneurs, and even competitors. Why are some of the world’s most successful companies able to stay ahead of disruption, adopting and implementing innovative strategies, while others struggle? It’s not because they hire a new CEO
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Language: en
Pages: 336
Authors: Richard Whittington
Categories: Business & Economics
Type: BOOK - Published: 2019-03-21 - Publisher: Oxford University Press

Strategy is becoming more 'open' - more transparent and more inclusive. Opening Strategy tells the story of how corporate strategists and strategy consultants have worked since the middle of the last century to open up the strategy process. First strategic planning, then strategic management, and now 'open strategy' have all
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Language: en
Pages: 424
Authors: Nicole Pfeffermann, Julie Gould
Categories: Business & Economics
Type: BOOK - Published: 2017-03-06 - Publisher: Springer

This contributed volume presents a state-of-the-art compendium for startups and corporations, focusing on corporate ventures. The book is based on the volume "Strategy and Communication for Innovation" and includes up-to-date discussions which help to better understand strategy and communication from a startup perspective. Each chapter offers a starting point for
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Language: en
Pages: 240
Authors: Torben Juul Andersen
Categories: Business & Economics
Type: BOOK - Published: 2021-09-06 - Publisher: Emerald Group Publishing

Strategic Responses for a Sustainable Future considers how modern organizations can respond to and deal with increasingly uncertain environmental conditions with the aim of creating effective solutions that can sustain business growth and performance.
The Oxford Handbook of International Business Strategy
Language: en
Pages: 528
Authors: Kamel Mellahi, Klaus Meyer, Professor of International Business Klaus Meyer, John H Dunning Chair of International Business Regulation Rajneesh Narula, Rajneesh Narula, Associate Professor of International Business Strategy Irina Surdu, Professor of International Business and the McCaig Chair in Management Alain Verbeke
Categories: Business & Economics
Type: BOOK - Published: 2021-01-07 - Publisher: Oxford University Press, USA

Multinational enterprises must contend with increasingly challenging conditions in the international business environment. This Handbook explores how classic principles of international competitive strategy are transformed in today's markets and provides suggestions on how firms can develop effective strategies to respond to these transformations.