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Organizer: André Reichel, ISM International School of Management
Facilitator: Robert Perey, U. of Technology, Sydney
Participant: John M. Jermier, U. of South Florida
Participant: Fergus Lyon, Middlesex U.
Participant: Lena Olaison, Copenhagen Business School (CBS) /Linnaeus U.
Participant: Glen Dowell, Cornell U.
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| Strategic management is a reflexive exercise on the fit of organizational capabilities and environmental challenges. Among the latter are especially climate change and a new post-crash global economy ten years after the financial crisis. The mindset of strategic management that is orienting its reflexive exercise is focused on the notion of growth. Growth of sales, of revenues, of market share, of profit. Even in the post-crash situation we find ourselves in, where growth is much harder to achieve and sustain, the growth mindset remains unchallenged in managerial practice as well as in management science. This begs the question if management as both discipline and practice is slave to an economic idea that is in itself only 70 years old: steady economic growth, an indefinite expansion of supply and demand. At the same time, growth-oriented thinking is at the heart of the global ecological crisis, with climate change moving into unsustainable territory and global ecological footprint exceeding planetary boundaries by 70 percent. John Maynard Keynes is ascribed the famous adage that »when the facts change, I change my mind«. In this PDW we want to explore how strategic management might be able to change its mind from growth to post-growth. We will therefore focus on several interrelated notions and themes: sufficiency, subsistency and degrowth. |
| The PDW itself will be an experiment in understanding these interrelated notions of sufficiency, subsistency and degrowth from the perspectives of both the strategy process – i.e. how to organize and structure strategic decision making in the light of new environmental challenges and a new mindset beyond growth – as well as strategy content – i.e. what types of strategies can work in a post-crash, post-growth environment with a specific focus on sufficiency and subsistency. The format will be a mixture of input talks, world café discussions, and freewriting exercises. |
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