The theory and practice of professional strategy is reaching into the world of philanthropic and nonprofit organizations and driving the creation of new strategic performance measurement systems that promise to optimize the delivery of social and cultural benefit to society.
Archives for August 2011
New Thinking About the Value of Strategy
Wednesday, August 10, 2011 by
During the 1960s and the 1970s, “strategic planning” emerged as the model for corporate planning. However, by the 1980s, the value of strategic planning began to be called into question.
Competitive Strategy
Wednesday, August 10, 2011 by
Competitive advantage is that toward which strategic thinking aspires. Yet, ultimately, all competitive advantages are transitory. The only “sustainable competitive advantage” is the commitment to keep evolving one’s strategy to stay current with the times.
Low Memorial Library at Columbia University, New York City
Tuesday, August 9, 2011 by
The libraries of large universities hold substantial amounts of the world’s knowledge-base. This image shows one of 22 libraries in the Columbia University system. Low Memorial Library was completed in 1897 and served as the main library until 1934. Today this landmark building functions as the administrative center of the University and houses the offices of the President and the Provost.
The Capitalist Business Model – Efficiency and Innovation
Monday, August 1, 2011 by
Much of the present debate over outsourcing is driven by focusing only on a portion of the entire capitalist business model … greater profitability leads to enhanced innovation, training, and education which drive the creation of higher paying new jobs, which drive the next wave of economic growth. Economically our faith has to be with capitalism, and politically our commitment has to be with the engines of innovation and education that allow workers to move up the ladder.
As the knowledge-based economy expands, the companies and individuals that possess intangible intellectual assets, such as intellectual property, will need specialized expertise, strategic thinking, legal experience, and the wisdom necessary to manage intellectual assets.