Christian Stadler

(Author)

Open Strategy: Mastering Disruption from Outside the C-SuiteHardcover, 12 October 2021

Open Strategy: Mastering Disruption from Outside the C-Suite
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Part of Series
Management on the Cutting Edge
Print Length
296 pages
Language
English
Publisher
MIT Press
Date Published
12 Oct 2021
ISBN-10
0262046113
ISBN-13
9780262046114

Description

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.

Product Details

Authors:
Christian StadlerJulia HautzKurt MatzlerStephan Friedrich Von Den Eichen
Book Format:
Hardcover
Country of Origin:
US
Date Published:
12 October 2021
Dimensions:
23.11 x 15.75 x 3.05 cm
ISBN-10:
0262046113
ISBN-13:
9780262046114
Language:
English
Pages:
296
Publisher:
Weight:
612.35 gm

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