“You Are Here”: Step 1 In Resource Allocation

In a recent article on local government in Chicago entitled, “Your Town’s Toughest Challenge,” the predominant challenge listed was resource allocation. Specifically, how do leaders decide where to focus their time, energy and budget dollars to grow their communities? Whether it’s in business, government or the not-for-profit sector, resource allocation is an age-old challenge. But it doesn’t have to be. The first step in effective resource… READ MORE

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So What Exactly is Strategy?

I’ve heard a number of clever academicians say that strategy can’t be defined, it can only be studied on a case by case basis after the fact. Bull. I define strategy as the intelligent allocation of limited resources through a unique system of activities to outperform the competition in serving customers. No, I didn’t get this from a Dilbert cartoon. It’s a big topic and deserves a definition that captures its essence. We begin with “the… READ MORE

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