Guiding Decentralized Decision-Making by Acting on Purpose
Name
2023_1001_PurposeinAction_VanderMeulenBeath.pdf
Size
535.45 KB
Format
Adobe PDF
Checksum (MD5)
1b17a977ead005fc32bdd1f806f04440
Author(s)
van der Meulen, Nick
Beath, Cynthia M.
Date Issued
October 19, 2023
Publisher
Cambridge, Mass.: Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology
Citation
Van der Meulen, Nick and Cynthia M. Beath. “Guiding Decentralized Decision-Making by Acting on Purpose.” MIT CISR Research Briefing Volume XXIII, no. 10 (October 2023). https://dspace.mit.edu/handle/1721.1/174839.
Series/Report no.
MIT CISR Research Briefing, Vol. XXIII, No. 10
Abstract
Recent MIT CISR survey data showed that nearly every participating organization had crafted a purpose statement. However, only half had defined the aspirations, propositions, and values that together comprise a comprehensive organizational purpose statement that can become ingrained in leaders strategic planning and teams decision-making. Drawing on MIT CISR survey data and a case study of Allstate Insurance, this research briefing describes how combining such a comprehensive organizational purpose with decentralized decision-making results in accelerated strategic objective realization and improved financial performance.
Subjects
Decision rights/governance
Innovation and Strategy
Organizational Structure and Agility
Terms of Use
CC BY-NC 4.0 (Attribution-NonCommercial 4.0 International)
Persistent DSpace Link
