In this episode, we delve into the profound impact of resource allocation on strategy with renowned scholars Joe Bower and Clark Gilbert, authors of the influential book ‘From Resource Allocation to Strategy.’ Hosted by Clark Gilbert, this enlightening discussion explores how strategies are truly made within organizations, challenging conventional top-down approaches. The conversation spans multiple industries and cases, offering valuable insights for practitioners, scholars, and innovation leaders. Don’t miss this deep dive into the practical and academic realms of strategic management. Sponsored by Kyndryl. Discover more engaging content at www.Kyndryl.com/institute.
00:00 Introduction and Sponsor Message
00:21 Introducing the Guests: Clark Gilbert and Joe Bower
01:02 Clark Takes Over as Host
01:33 The Connection Between Resource Allocation and Strategy
05:26 Challenges in Strategy Implementation
09:03 Case Studies and Real-World Examples
11:11 Issues in Academic Research
19:48 The Harvard Business School Case
28:10 The Teradyne Case Study
32:41 Elon Musk’s Unique Management Style
35:21 The Power of Structural Context in Education
37:50 The Concept of Undermining in Business
39:23 Managing Cognitive Framing in a Changing World
44:06 The Importance of Deep Industry Knowledge
49:16 Advice for Future Scholars
55:56 Final Reflections and Gratitude
📚 Resources and People Mentioned:
- Book: From Resource Allocation to Strategy – by Bower, Gilbert & others
- Dual Transformation – by Clark Gilbert & Scott D. Anthony
- The Innovator’s Dilemma – by Clayton Christensen
- Case Studies: Intel, Teradyne, Kodak, Harvard Business School
💡 Featured Thinkers Mentioned:
- Clayton Christensen – Disruptive innovation pioneer, HBS
- Tom Eisenmann – Strategy & entrepreneurship expert, HBS
- Donald Sull – Former HBS faculty, expert on execution and volatility
- Yves Doz – INSEAD professor, known for multinational innovation research
- Howard Yu – IMD professor; explored tech disruption in Asia
- Tomo Noda – Japanese academic and innovator in business education reform
- Robert Burgelman – MIT professor and prolific author