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What is the future for regional strategy?

Summary In this post, I explore how we could design the next generation of regional strategies using a set of interlocking tools and disciplines. These new approaches embrace the realities of continuous change and open networks. Unlike traditional approaches to strategy, this new approach is more agile, resilient and low-cost. Background Imagine the situation. You […]

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Investment priorities for innovation clusters

One of the major challenges in developing regional innovation clusters comes in defining and setting priorities for collaborative investments. Here’s a simple solution. Have participants in the cluster rank investment options according to two dimensions: one on return, one on risk. For each investment option, ask participants two questions: First, how big an impact is […]

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No room for compromise…When ideologues eat our politics

We are seeing what happens when ideologues chew up and spit out our politics: 24/7/365 electioneering has virtually destroyed our federal government’s ability to govern. (C-SPAN last week launched its Road to the White House 2016.) In a democratic system, the politics of governance — as distinct from the politics of elections — really matters. Through […]

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Comparing Strategic Planning and Strategic Doing

Strategic Doing represents an agile strategy discipline that is distinctly different from how most of us learned the basics of strategy. Traditionally, strategy in organizations depends on a mechanistic, linear process which we have come to call “strategic planning”. This approach does not work very well in complex environments that are continuously shifting. Strategic Doing […]

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Leadership skills for guiding regional innovation clusters

Over the weekend, I began thinking about the new skills that civic leaders need to guide regional innovation clusters. Here’s my list so far. Crossing boundaries and integrating diverse people and activities in a team.– On a personal level, the skill involves thinking outside your box and working in a team with people from other […]

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Developing a University’s Two Ecosystems

Universities can develop two distinct, overlapping ecosystems: one targets at start-ups; the second focuses on innovative companies. To date, most […]

Slowly Understanding the Impact of Globalization

In 1984, I joined a boutique consulting firm, an offshoot of BCG. We had two major clients: GE and Volvo. […]

Moving Toward Strategy as a Flexible Process

Strategy is dynamic. Different business units — positioned at different locations on the S-Curve — will face different strategic challenges. […]

Why Trump’s Talks with North Korea Failed

If you are familiar with the dynamics of collaboration, it’s easy to understand why Trump’s talks with Kim Jong-un failed. […]

What’s Next: Ecosystem Strategies

In the US, economic development over the last few months has focused on two big stories: Foxconn and Amazon. Wisconsin […]

Teaching Strategy Skills With Simulation Games

At our Lab at Purdue, we teach the multiple skills of complex collaboration with simulation games. Every organization is facing […]