Embedding Business Strategy Dialogues as a Core Process

Jean-Pierre Jeannet and Hein Schreuder

Chapter 7 in From Coal to Biotech, 2015, pp 119-133 from Springer

Abstract: Abstract This chapter details how the Business Strategy Dialogue (BSD) approach became a core process at DSM, inextricably intertwined with other processes and routines. The company trained its own cadre of BSD facilitators, thus dispensing with the prior need to hire strategy consultants for developing business strategies. After BSDs had been formally adopted as a core process, the company could start revamping its planning systems, which had become dysfunctional over time. It also adopted the innovative practice of drawing up a Strategic Value Contract to capture the strategic and financial ‘promises for performance’ of its businesses.

Keywords: Business Strategy; Business Group; Business Unit; Core Process; Corporate Strategy (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-662-46299-7_7

Ordering information: This item can be ordered from
http://www.springer.com/9783662462997

DOI: 10.1007/978-3-662-46299-7_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().