Clark Gilbert - From Resource Allocation To Strategy

In this episode, long time friend of the show, Clark Gilbert joins us to discuss his book 'Anomaly Seeking Research, 30 Years of Development in Resource Allocation Theory,' co-authored with Clayton Christensen and others. Gilbert elaborates on key themes from the book, including Joe Bower's groundbreaking 1970 resource allocation model, and how this framework has shaped decades of strategic management research. He provides valuable insights into the iterative and multi-level nature of resource allocation processes and how they influence organizational strategy. Real-world examples from various industries, including media and academia, are used to illustrate core concepts. The episode also explores the impact of customer dependency and non-consumption on resource allocation and strategy formation. Sponsored by Kyndryl, this episode offers a deep dive into how innovative strategies are developed and executed across different sectors.   00:00 Introduction and Sponsor Message 00:34 Purpose of the Book and Key Insights 01:59 Clark Gilbert's Journey and Joe Bower's Influence 03:21 Resource Allocation Theory in Practice 08:19 Anomalies and Theoretical Insights 09:46 Real-World Applications and Case Studies 18:33 Personal Reflections and Broader Implications 29:04 BYU Pathway and Dual Transformation 31:38 Gary Hamel's Insight on Resource Allocation 32:10 Challenges in Media Transformation 32:38 Digital vs. Analog Dilemma 33:15 Resource Allocation in Practice 36:23 Sales Team Resistance to Digital 38:39 Disruptive vs. Sustaining Innovations 42:24 The Role of Resource Allocation in Strategy 54:42 Non-Consumption and New Markets 58:03 Empathy and Organizational Change 59:15 Conclusion and Acknowledgements   Previous Episode with Clark Gilbert: https://theinnovationshow.io/episode/clark-g-gilbert-on-dual-transformation/