David Robertson, the host of Innovation Navigation, interviewed me on his radio show last month, and I identified the most important word in strategy. Click on this link — Innovation Navigation radio interview — and scroll to the September 13, 2016 broadcast to listen.
Brilliant managers are bargain shoppers. As they shop for skills and knowledge in labor markets, parts, services, and other inputs in supply markets, and technology in patent and licensing markets, they seek to secure assets at prices below their value in an envisioned future use. A corporate theory guides this bargain hunter, revealing unique and […]