Spain’s Colonial Wealth and Enterprise Buildin

During the 16th century, Spain transformed from a modest European kingdom to a global hegemony. Spain’s success was driven by monetizing innovations in trans-ocean navigation and firearms to appropriate vast quantities of minerals (silver, copper, gold) from American conquest. However, like any mismanaged enterprise, Spain’s disastrous deployment of its new found capital led to its inevitable…

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Strategic outsourcing is not an oxymoron

The term “strategic outsourcing” may sound like an oxymoron. Traditional dogma of outsourcing calls for companies to sequester strategic capabilities in-house and only source non-core or commoditized capabilities from 3rd parties.  The situation becomes more complex in a dynamic market context since (i) what may be deemed a core competency today may become peripheral tomorrow…

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