What if everything you knew about strategy was wrong? In this profound and candid episode, legendary Harvard Business School professors Joseph Bower and Clark Gilbertdismantle the myths of top-down strategy and reveal what actually drives innovation inside organizations — resource allocation. Hosted by Aidan McCullen, this conversation connects over 50 years of organizational research with real-world disruption—from Clay Christensen’s disruptive innovation, to Intel’s strategic shifts, to why academic institutions resist change. 🔥 You’ll learn: <ul> <li> Why strategy emerges from internal decisions—not just executive planning </li> <li> The role of middle management and customer capture in strategic failure </li> <li> How organizations can manage dual transformation </li> <li> The secret behind Harvard’s innovation blind spots </li> <li> Advice for innovators, executives, and scholars navigating complex systems </li> </ul> This is not your typical leadership podcast. It’s a masterclass in innovation thinking, organizational change, and deep system insights — directly from the architects of the field. 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: <ul> <li>Book: From Resource Allocation to Strategy – by Bower, Gilbert & others</li> <li>Dual Transformation – by Clark Gilbert & Scott D. Anthony</li> <li>The Innovator’s Dilemma – by Clayton Christensen</li> <li>Case Studies: Intel, Teradyne, Kodak, Harvard Business School</li> </ul> 💡 Featured Thinkers Mentioned: <ul> <li>Clayton Christensen – Disruptive innovation pioneer, HBS</li> <li>Tom Eisenmann – Strategy & entrepreneurship expert, HBS</li> <li>Donald Sull – Former HBS faculty, expert on execution and volatility</li> <li>Yves Doz – INSEAD professor, known for multinational innovation research</li> <li>Howard Yu – IMD professor; explored tech disruption in Asia</li> <li>Tomo Noda – Japanese academic and innovator in business education reform</li> <li>Robert Burgelman - MIT professor and prolific author </li> </ul>

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