Category: Sustainability

  • Strategic Change And Stakeholders

    A recent article in the MIT Sloan Management Review looks at how we can analyze strategic change. The model by Tom Hunsaker and Jonathan Knowles (a coauthor of mine) looks at the nature of change needed by firms. The model helps us focus on strategic change and how this fits with stakeholders. Specifically, the authors…

  • Improving Stakeholder Involvement In Government Decision Making

    In this blog post I discuss our work on improving stakeholder involvement in government decision making. The Journal of Business Ethics published this in July 2020. Understanding The Views of Stakeholders A major problem in government is understanding the views of its stakeholders. A stakeholder is those who are impacted by, or can impact, the…

  • Governing The Commons

    Elinor Ostrom had a profound impact on research about institutions. She got the Nobel Prize in Economics. This was for her work thinking about how social affairs could be governed: Governing The Commons. Common Pool Resoruces This goes much wider than corporate governance. It speaks to how communities deal with the control of their valuable…

  • Evolutionary Psychology And Sustainability

    Academic research isn’t always immediately applicable. This is not a bad thing, part of the aim of academic research is to wander into new territory. It is not surprising if often this isn’t directly applicable today. It is interesting, however, when academics try and bring their perspectives to more practical problems. Vladas Griskevicius, Stephanie M.…

  • Scarcity Theory: A Hammer, But A Good Hammer

    Mullainathan and Shafir’s new book Scarcity [written in 2014] explains that people make some debatable decisions when a resource is scarce because of the stress the shortage causes. They introduce Scarcity Theory: a hammer, but a good hammer. Poverty Leads To Worse Decision-Making The authors help explain poverty sometimes encourages people to take decisions that…

  • Simple And Smart Solutions

    People often view complex as synonymous with brilliant. Only a genius could invent something with a huge number of moving parts. Such thinking misses the point. The real challenge comes to simplify. To reduce complexity by focusing on what is important. There is much to be said for simple and smart solutions. The Problem of…

  • Bold And Full Of Hope

    Business academics sometimes aren’t very bold. Too often we concentrate on achieving something doable rather than trying something that is a stretch. I always think that if no one thinks you’ll fail there isn’t much point in what you are doing. So I appreciate it when plans are bold and full of hope. Even if…

  • Laziness Is A Sustainable Resource

    People can be lazy. We often don’t find out all information relevant to the decision we are making. It is hard work to find information. Our decisions based upon limited information can lead to personally or environmentally destructive outcomes. People wouldn’t make these decisions if they thought a little harder. This is a problem. What…

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