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Stadler, Christian, Hautz, Julia, Matzler, Kurt and von den Eichen, Stephan Friedrich (2021) Open up your strategy. MIT Sloan Management Review . ISSN 1532-9194.
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Official URL: https://shop.sloanreview.mit.edu/store/open-up-you...
Abstract
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.
Item Type: | Journal Article | ||||||
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Divisions: | Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School |
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Journal or Publication Title: | MIT Sloan Management Review | ||||||
Publisher: | Massachusetts Institute of Technology | ||||||
ISSN: | 1532-9194 | ||||||
Official Date: | 20 December 2021 | ||||||
Dates: |
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Status: | Not Peer Reviewed | ||||||
Publication Status: | Published | ||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||
Date of first compliant deposit: | 3 December 2021 | ||||||
Date of first compliant Open Access: | 10 January 2022 |
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