MIT Sloan Management Review Article on Don't Let Your Strategy Be Hijacked
- Carsten Lund Pedersen, Thomas Ritter
- MIT Sloan Management Review
How companies can preempt and manage consumer backlash.
Our research explores the underlying causes of strategy hijacks, the changing nature of consumer-company dynamics, and resulting implications for leaders. Together, our findings suggest a fundamental shift in power dynamics in the realm of strategy stemming from technological and social developments that have changed how companies and customers interact. Thanks to the connectedness of social media, it’s becoming much easier for consumers to unite against companies — and thanks to the transparency of widely available data, it’s now also much easier for consumers to keep an eye on company behaviors.
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MIT Sloan Management Review Article on Don’t Let Your Strategy Be Hijacked