Audiobook8 hours
Open Strategy: Mastering Disruption from Outside the C-Suite (Management on the Cutting Edge)
Written by Christian Stadler, Julia Hautz, Kurt Matzler and Stephan Friedrich von den Eichen
Narrated by Sean Pratt
Rating: 0 out of 5 stars
()
About this audiobook
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.
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.
Related to Open Strategy
Related audiobooks
Your Strategy Needs a Strategy: How to Choose and Execute the Right Approach Rating: 5 out of 5 stars5/5Changing the Game: The Playbook for Leading Business Transformation Rating: 5 out of 5 stars5/5The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business Rating: 4 out of 5 stars4/5Customer Innovation: Customer-centric Strategy for Enduring Growth Rating: 4 out of 5 stars4/5StrategyMan vs. the Anti-Strategy Squad: Using Strategic Thinking to Defeat Bad Strategy and Save Your Plan Rating: 0 out of 5 stars0 ratingsSmarter Collaboration: A New Approach to Breaking Down Barriers and Transforming Work Rating: 0 out of 5 stars0 ratingsRevolutionizing Business Operations: How to Build Dynamic Processes for Enduring Competitive Advantage Rating: 0 out of 5 stars0 ratingsOptimizing Strategy For Results: A Structured Approach to Make Your Business Come Alive Rating: 5 out of 5 stars5/5IT-Driven Business Models: Global Case Studies in Transformation Rating: 0 out of 5 stars0 ratingsStrategy Maps: Converting Intangible Assets into Tangible Outcomes Rating: 4 out of 5 stars4/5Driving Digital Strategy: A Guide to Reimagining Your Business Rating: 3 out of 5 stars3/5The Wide Lens: A New Strategy for Innovation Rating: 5 out of 5 stars5/5Breakout Brands Rating: 0 out of 5 stars0 ratingsRevenue Operations: A New Way to Align Sales & Marketing, Monetize Data, and Ignite Growth Rating: 2 out of 5 stars2/5The Art of Opportunity: How to Build Growth and Ventures Through Strategic Innovation and Visual Thinking Rating: 5 out of 5 stars5/5The Six New Rules of Business: Creating Real Value in a Changing World Rating: 4 out of 5 stars4/5Decisions Over Decimals: Striking the Balance between Intuition and Information Rating: 0 out of 5 stars0 ratingsStrategy That Works: How Winning Companies Close the Strategy-To-Execution Gap Rating: 4 out of 5 stars4/5Reimagining Industry Growth: Strategic Partnership Strategies in an Era of Uncertainty Rating: 0 out of 5 stars0 ratingsBetter, Simpler Strategy: A Value-Based Guide to Exceptional Performance Rating: 5 out of 5 stars5/5A New Way to Think: Your Guide to Superior Management Effectiveness Rating: 5 out of 5 stars5/5Dynamic Reteaming, Second Edition: The Art and Wisdom of Changing Teams Rating: 4 out of 5 stars4/5Show the Value of What You Do: Measuring and Achieving Success in Any Endeavor Rating: 3 out of 5 stars3/5Strategy = Execution: Faster Improvement, Renewal, and Innovation in the New Economy Rating: 0 out of 5 stars0 ratingsValue as a Service: Embracing the Coming Disruption Rating: 5 out of 5 stars5/5Opening Strategy: Professional Strategists and Practice Change, 1960 to Today Rating: 0 out of 5 stars0 ratingsThe Agility Advantage: How to Identify and Act on Opportunities in a Fast-Changing World Rating: 0 out of 5 stars0 ratingsBuilding Better Organizations: How to Fuel Growth and Lead in a Digital Era Rating: 0 out of 5 stars0 ratingsSeeing Around Corners: How to Spot Inflection Points in Business Before They Happen Rating: 0 out of 5 stars0 ratings
Strategic Planning For You
Power and Prediction: The Disruptive Economics of Artificial Intelligence Rating: 4 out of 5 stars4/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 5 out of 5 stars5/5The Heart of Business: Leadership Principles for the Next Era of Capitalism Rating: 5 out of 5 stars5/5Small Business For Dummies: 5th Edition Rating: 5 out of 5 stars5/5The Practice of Adaptive Leadership: Tools and Tactics for Changing Your Organization and the World Rating: 4 out of 5 stars4/5Reframing Organizations: Artistry, Choice, and Leadership, 7th Edition Rating: 5 out of 5 stars5/5Artificial Intelligence: The Insights You Need from Harvard Business Review Rating: 5 out of 5 stars5/5SYSTEMology: Create time, reduce errors and scale your profits with proven business systems Rating: 5 out of 5 stars5/5Creating a Business Plan For Dummies Rating: 4 out of 5 stars4/5I'll Make You an Offer You Can't Refuse: Insider Business Tips from a Former Mob Boss (NelsonFree) Rating: 5 out of 5 stars5/5Red Team: How to Succeed By Thinking Like the Enemy Rating: 4 out of 5 stars4/5Play Bigger: How Pirates, Dreamers, and Innovators Create and Dominate Markets Rating: 5 out of 5 stars5/5The Upside of Uncertainty: A Guide to Finding Possibility in the Unknown Rating: 4 out of 5 stars4/5Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World Rating: 5 out of 5 stars5/5HBR's 10 Must Reads on AI, Analytics, and the New Machine Age Rating: 5 out of 5 stars5/5New Sales. Simplified.: The Essential Handbook for Prospecting and New Business Development Rating: 5 out of 5 stars5/5Both/And Thinking: Embracing Creative Tensions to Solve Your Toughest Problems Rating: 4 out of 5 stars4/5The Medici Effect: What Elephants and Epidemics Can Teach Us About Innovation Rating: 4 out of 5 stars4/5HBR's 10 Must Reads on Managing Yourself, Vol. 2 Rating: 4 out of 5 stars4/5Change or Die Rating: 4 out of 5 stars4/5Game Theory and Strategy Explained Rating: 4 out of 5 stars4/5Harvard Business Review Project Management Handbook: How to Launch, Lead, and Sponsor Successful Projects Rating: 5 out of 5 stars5/5Your Creative Mind: How to Disrupt Your Thinking, Abandon Your Comfort Zone, and Develop Bold New Strategies Rating: 4 out of 5 stars4/5The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed Rating: 5 out of 5 stars5/5The Toyota Way (Second Edition): 14 Management Principles from the World's Greatest Manufacturer Rating: 4 out of 5 stars4/5HBR's 10 Must Reads on Strategy (including featured article "What Is Strategy?" by Michael E. Porter) Rating: 4 out of 5 stars4/5Doing Agile Right: Transformation Without Chaos Rating: 4 out of 5 stars4/5Learn and Understand Business Analysis Rating: 4 out of 5 stars4/5
Reviews for Open Strategy
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews