Why do great strategies fail? That's the question Michael Raynor asks in his new book, The Strategy Paradox. Michael says the job of leaders is to embrace the inherent uncertainty of strategy and recognize that the future can't be predicted. Instead of making choices, leaders create options. Michael is a Distinguished Fellow with Deloitte Research in Boston.

Our second topic this week is a strategy critical to cities - how to leverage universities and other anchor institutions to contribute fully to urban success and, in turn, to their own. Dr. David Maurrasse of Marga is with us to talk about the challenges and rewards of these partnerships. David is on the faculty at Columbia University's School of International and Public Affairs.