Strategy is not the formulation of a plan. It is emergent from a process of exploration and discovery. Austrian economics is the best guide for entrepreneurial firms to put in place the methods and …
Firms Thrive When They Ditch Strategic Planning And Adopt Exploration And Discovery.
Strategic planning enjoys a prestigious image in the business world. It's taught at the top business schools, and then practiced in an elite corporate department headed by a C-Suite officer. It uses …
126. Joe Matarese Defines a Whole New Level of Customer Value to Build a High Growth Service Firm
Firms that can unlock the deep secrets of subjective value can unleash powerful, long-lasting value streams. When these flow in a confluence with well-identified market drivers, revenue and profit …
125. Steven Phelan on Innovation In Contracting
Entrepreneurs seek to provide markets with new value through innovation wherever they can identify an opportunity. Their vision is broad enough to include free market institutions such as contracting, …
Continue Reading about 125. Steven Phelan on Innovation In Contracting →
Big Tech: Capitalism With Chinese Characteristics.
It is perfectly possible in the post-truth era for an institution to claim one set of principles, and to be perceived as adhering to them, when practicing an opposite set of principles. The Chinese …
Continue Reading about Big Tech: Capitalism With Chinese Characteristics. →
The Future Of Work? Individuals Mimicking Firms, With Appropriate Access To Capital, Technology And Favored Contractual Relationships.
There's been a lot of discussion about "The Future Of Work" that worries about technology replacing workers and leaving them beached - unable to earn a wage or a salary because their job has been …