By setting a strategic direction and using its power as the biggest actor in the economy to support British business, the state can help to shape the direction of the economy.
Multiple high-profile bosses couldn't set a sensible strategic direction for MySpace as Facebook crushed its rival.
"The government needs to set a clear strategic direction - we cannot tell people what to do - but we can help support people to make it happen".
During that first year, Tyco was like a $35 billion start-up as we established new systems, hired new talent, and set a new strategic direction for the company.
In this role, Cahill built the business unit, set a clear strategic direction for the low and no alcohol business, and ignited its innovation agenda.
The two reached an agreement to build the "Sino-U.S. new type of major power relationship," and together with the development of their personal relationships, provided an impetus to build mutual trust and set a clear strategic direction for Sino-U.S. relations. .
The consultations helped shape the draft guides focused on how to cultivate accountability, engage with diverse stakeholders, set a shared strategic direction, and steward resources to make the health system more responsive to the needs and expectations of the people.
The new director said her role will be to set an overall strategic direction for exhibitions, leaving it mainly to the curators to "take a leading role in [generating] the ideas and themes and [deciding] what kinds of works will go into an exhibition".
We define governance as (1) setting a shared strategic direction and objectives; (2) making policies, laws, rules, regulations, or decisions, and raising and deploying resources to accomplish strategic goals and objectives; and (3) overseeing and making sure that the strategic goals and objectives are accomplished [ 21].
After analyzing our findings, we concluded that four over-arching governing practices make governance effective in meeting the health needs and expectations of people and communities: cultivating accountability, engaging with stakeholders, setting a shared strategic direction, and stewarding resources in a responsible way.
