A revised model of the resource allocation process
By: Joseph L. Bower and Clark G. Gilbert
Contributors: Gilbert, Clark G.; Harvard Business School. Division of Research
Series: Working paper / Division of Research, Harvard Business School -- 05-078; Working paper (Harvard Business School. Division of Research) -- 05-078
Publisher: Division of Research, Harvard Business School
Published: 2005
Place of publication: Boston
Language: eng
Number of pages: 24
Description: In the 35 years since the first field research was conducted at National Products, we have learned a great deal about how companies allocate scarce resources to craft corporate strategy. We have presented and discussed many important contemporary contributions to our understanding of the resource allocation process (RAP) by authors who have built upon the RAP model. The working theory that continues to bind his collective research remains consistent: the way resources are allocated in the firm shapes the realized strategy of the firm. The fundamental implication of this theory is that understanding RAP is at the heart of understanding how strategy is made and how to craft better strategy.
Notes: "This working paper is chapter 20 of the forthcoming Oxford University Press book, From resource allication to strategy."