Catalytic Governance: Leading Change in the Information Age

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University of Toronto Press, Jan 1, 2016 - Corporate governance - 189 pages

Although the information age offers individuals from all walks of life the power to make their voices heard, we often end up with a cacophony of competing voices rather than a conversation. With so many people empowered to join the decision-making process, the number and diversity of stakeholders in governance situations poses a special challenge: how do you steer when so many hands are on the wheel?

Catalytic Governance offers a proven approach to managing this challenge, built on the insight that effective leadership and governance depends less on traditional top-down approaches and more on creating shared meanings and frameworks. Drawing on their experiences managing transformational change in a complex, multi-stakeholder environment on issues ranging from finance to climate change, health, and the digital revolution, Patricia Meredith, Steven A. Rosell, and Ged R. Davis demonstrate how to use dialogue to engage stakeholders, explore alternative perspectives, develop shared mental maps and a vision of the future, and co-create strategies and initiatives to realize that future. While elements of this approach will be familiar, this is the first time they have been combined into a coherent model and tested together in practice. The book describes in detail how this was done in the process of transforming the Canadian payments system. The catalytic approach to governance is a powerful tool for leaders in the public and private sectors looking to lead and govern more effectively.

 

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Contents

Leadership and Governance in the Information Age
3
1 The Global Information Society
12
2 Engagement and Dialogue
23
3 Exploring Perspectives and Building Scenarios
47
4 Developing a Governance Framework for the Canadian Payments System
79
5 Cocreating a Desired Future
102
6 Lessons Learned and the Catalytic Governance Model
130
Summary of the Scenarios
151
Notes
157
Selected Bibliography
175
About the Authors
179
Index
183
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About the author (2016)

Patricia Meredith is a Fellow at the David & Sharon Johnston Centre for Governance Innovation at the Rotman School of Management, University of Toronto, and a Senior Fellow at the Centre for International Governance Innovation, University of Waterloo. Her previous book Stumbling Giants , co-authored with James L. Darroch, was the Winner of the 2018 Donner Prize for the Best Public Policy Book by Canadian authors.

Steven A. Rosell , the author of four books and numerous articles on governance and leadership, is the president of Viewpoint Learning, which develops specialized applications of dialogue for both business and the public sector.

Ged R. Davis , an experienced scenario practitioner working with corporations, governments, and international institutions is the executive chair of the Scenario Study Group at the World Energy Council and the president of Forescene S.A.

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