Project Socrates
In the United States of America during the Reagan Administration, a team of experts led by Michael Sekora was brought together to 1) determine why US industries were losing their ability to compete in the world marketplace and 2) develop a solution to restore US industry's ability to compete. As a result, Project Socrates was initiated. The Socrates team launched one of the most in-depth research undertakings ever conducted in the US intelligence community, producing ten key findings that became the basis for the "Socrates technology-based competitive strategy" system, and support tools for developing and executing competitive strategies.
The Socrates system was not successfully deployed and considered instrumental in the economic recovery of the 1980s. However, early in the George H. W. Bush presidency, the program was de-funded by Bush for political reasons.
Leaving the government shortly after Socrates was de-funded, Michael Sekora continued refining the system and applying it to individual companies. Recently, legislation has been introduced to revive the Socrates system as a solution to the US current economic downturn.
Read more about this topic: Competitive Advantage
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