Would You Invite Employees to Vote on Strategic Direction?

Name: Would You Invite Employees to Vote on Strategic Direction? (English version)
SKU: SMR66101

Alexander Loudon

Product #:SMR66101

Supplier:MIT Sloan Management Review

Discipline:General Management

Details:Article (PDF) • 8 pages • 2024-05-10

Subjects:

Leadership and managing people Management

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Leaders often resist engaging employees in strategic planning because they fear losing control or speed. A participative approach takes more time and is more complicated. However, if you exclude employees from strategic planning, you may hinder strategy adoption and leave valuable input behind. We need a new strategic planning playbook that actively loops in employees. This article examines four keys to doing this well, using real-world examples.