In geopolitical terms, the phrase strategic autonomy is often used to describe the desire of countries such as India and Turkey to negotiate treaties and engage in military activities without regard for the dictates of a stronger ally or superpower. In corporate or academic terms, strategic autonomy (along with its less mellifluous cousins autonomous strategic action and skunkworks) refers to a leadership philosophy that empowers individuals or small groups to engage periodically in activities that lie outside the scope of the institution’s strategic plan. (See, for example, http://tinyurl.com/lff84l8.) Strategic autonomy is common practice at businesses such as 3M, Hewlett-Packard, and Google, where employees are permitted to devote a certain portion of their time—typically 10 to 20 percent—to whatever they feel like doing. (See http://tinyurl.com/k8ktpvn.)
While budgets are always getting tighter, educators must remember one significant cause of belt tightening is student dropout. In a recent survey, the Bill and Melinda Gates Foundation discovered that money management problems are the No. 1 reason for college dropout. If schools can stem the money-motivated exodus, there will be more money for financial literacy programs.
