Unite Your Senior Team

  • Reference: HBS-R1806D-E

  • Number of pages: 11

  • Publication Date: Nov 1, 2018

  • Source: HBSP (USA)

  • Type of Document: Article

  • Industry Setting: Telecommunications

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Description

Disruptive change poses existential challenges to leadership teams, raising foundational questions about aspirations, identity, and the very soul of a company. So it is no surprise that leadership teams often struggle to achieve alignment on what degree of growth is needed and what markets and types of innovations to invest in. This article provides a novel and practical road map for achieving leadership alignment. It offers tools to help executive teams establish a foundation of common understanding, expose misalignment, and catalyze decision making through physical exercises. The approach is illustrated through the example of Swisscom, a global telecom facing stagnation and decline in a mature industry. Using the program, it converged on a clear long-term growth strategy, launching a set of innovative ventures, creating a VC-like group to oversee new innovation investments, and locking in a schedule of annually increasing funding.

Keywords

Decision making Growth strategy Innovation Leadership teams Strategic alignment Strategy