The Landscape Monitor. Look Outside Your Firm: A Tool to Sense What's Coming
Details
Serval ID
serval:BIB_FB630717B30D
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
The Landscape Monitor. Look Outside Your Firm: A Tool to Sense What's Coming
Journal
IESE Insight
ISSN
2013-3901
Publication state
Published
Issued date
2015
Pages
58-60
Language
english
Abstract
For decades, management systems such as the Balanced Scorecard have existed to help managers analyze information on their internal performance. While useful for aligning strategy, different tools are needed to focus managers' attention on the external environment -- for it is there where the real opportunities and threats lie. This article begins by exploring how changes in the landscape create winners and losers. Then, the authors outline the need for a management system that senses the environment, what they call the Landscape Monitor. Their framework works by opening more windows on the world, not just one window at the top. As everyone in the organization is empowered to observe, monitor, assess and comment on information, insights start to move bottom up and top down at the same speed as the world changes. Managers are able to see farther and earlier what's coming, so they can be innovation leaders and not get left behind.
Create date
08/09/2016 16:18
Last modification date
15/08/2024 6:22