Alumni

Chicago GSB Alumni Club – Strategic Management Practices Issues Group

Chicago Booth Alumni Club of Chicago

July 18, 2008: 7:30 AM - 8:45 AM

Start your Friday morning by updating your MBA, discussing the latest management concepts, sharing insights with fellow GSB alums, extending your network and still make it to the office by 9 AM. Our July topic will be the use of Resource Based View of the firm (RBV) for framing a competitive market position for growth. (See Event Details for more information.) These discussion sessions are designed to provide a highly interactive, engaging forum of particular value to alumni responsible for developing, influencing or executing enterprise strategies and policies. The Strategic Business Practices Issue Group consists of a series of monthly small group discussions bringing a practical focus to current research in business strategy, organizational design, and general management practices. This group is all about participation and making connections while learning about the latest management concepts. A differentiating feature of this group is the focus on engaging member dialogue while creating community and connectedness across the members. (There is no invited speaker or formal presentation.) The facilitated discussion starts with reactions to a selected background reading (available online from a leading strategy, business, or academic publication) before branching out into a broader exploration of the topic as participants share their own personal and practical experience of what works, what doesn’t, and how to tell the difference.

Where

CharterMast Partners LLC
11 South LaSalle Street
Chicago, Illinois

Event Details

Our July topic will be the use of Resource Based View of the firm (RBV) for framing a competitive market position for growth. RBV is an economic based tool used to determine the strategic resources available to a firm. It is founded on the concept that firms within an industry control differant strategic resources. Unlike other models which focus either inside or outside of the firm, RBV combines internal analysis of resources within the firm with the external analysis of the industry and competitive environment. The featured article for July is "Competing on Resources" by Collis and Montgomery from the July/August 2008 issue of Harvard Business Review. In choosing this article as a "Best of HBR" selection, the editors note that "this influential 1995 article (originally published as “Competing on Resources: Strategy in the 1990s”) introduced the resource-based view of the firm to practitioners hungry for a new approach to strategy. It brings together the strengths of Michael E. Porter’s externally focused five-forces framework with those of the internally focused competing-on-capabilities view." Those who would like to supplement their reading with a case study of how this approach is used may also wish to review the following: http://csdl2.computer.org/comp/proceedings/hicss/2000/0493/07/04937072.pdf. Our past topics have included: closing the gap between strategy and execution, participative management, innovation, how successful leaders think, leadership and behavioral economics. Future articles will explore additional areas of strategy. Suggestions for future articles or future topics are welcome. Please send your information to strategyig@chicagogsbclub.org. This is a discussion event and will not include a featured speaker. Meetings are usually held on the third Friday of the month in the 11 South LaSalle Building. Meetings in 2008 will be: August 15, September 19, October 17 and November 21. It is important that this group stays in compliance with applicable laws and regulations regarding the protection of intellectual property and copyrights. Accordingly, we are not able to provide copies of articles that are discussed, but we do direct you to sources where these articles are available either for free or for purchase. Most sites that provide articles in downloadable format stipulate that these articles are for personal use only and not for distribution to others. Please respect whatever limitations or conditions are attached to the articles you download.

Cost

No Charge

Registration

Register Online
Include your email address when registering. It is needed for the email confirmations which will be provided on or before July 16. If you need to cancel, email Dennis Aust at dennis.aust@chartermast.com so that we may give your seat to someone else.

Deadline: 7/15/2008

Questions

Dennis Aust 

312.224.8509

Other Information

If you need to cancel, email Dennis Aust at dennis.aust@chartermast.com. In order provide sufficient opportunity for everyone to participate, attendance is strictly limited to 20 people. If this event is oversubscribed, priority will be given to GSB Alumni Club members who RSVP before July 11. Please feel free to bring coffee and/or breakfast to enjoy during the discussion.