Lecturer: Tomi Laamanen. Chaired Professor of Strategic Management, Managing Director of the Institute of Management, Director of the PhD Program of Management, and Academic Director of the Strategy and International Management Master (SIM) Program at the University of St. Gallen. He holds two D.Sc. degrees; one in Strategy and one in Finance. His research focuses mainly on strategic management with a special emphasis on mergers and acquisitions, management cognition, strategy processes and practices, organizational attention, and capability dynamics. Tomi Laamanen is former Associate Editor of Strategic Management Journal, Editor-in-Chief of Long Range Planning, and member of the Editorial Boards of Academy of Management Journal, Academy of Management Discovery, Journal of Management, Journal of Management Studies, and Strategic Management Journal. Tomi has co-chaired two SMS Special Conferences (in Lapland and in St. Gallen), the Strategy Process IG of the SMS, and the Strategizing Activities and Practices (SAP) IG at the Academy of Management. In addition, he was multiple years the Chair of the Strategic Management Special Interest Group of EURAM. At the moment, he is Executive Committee and Board Member of the Strategic Management Society. Alongside with his work in the academia, he has actively worked with a number of firms as Chairman, Member of the Board, or strategy advisor.
Tuesday, May 11, 2021 (EET time zone)
|8.00-9.30||Core theories of management research; development of
the main strategic management theories over time
|9.45-12.00||Economics-based views of strategy; Industrial organizational theory; transaction cost economics, population ecology|
Readings before the lectures on Tuesday:
Ramos-Rodriguez, A. R., and Ruiz-Navarro, J. 2004. Changes in the intellectual structure of strategic management research: A bibliometric study of the Strategic Management Journal, 1980-2000. Strategic Management Journal, 25(10): 981-1004.
Rumelt, R.P., Schendel, D.E. and Teece, D.J. 1991. Strategic management and economics. Strategic Management Journal. 12 (Winter Special Issue): 5-29.
Williamson OE. 1999. Strategy research: Governance and competence perspectives. Strategic Management Journal 20(12): 1087-1108.
Durand R., Grant R.M., and Madsen T.L. (2017). The expanding domain of strategic management research and the quest for integration. Strategic Management Journal 38(1): 4-16.
Thursday, May 13, 2021 (EET time zone)
|8.00 – 9.30||Resource and knowledge-based views; development of the resource-based view over time; criticisms and on-going debates|
|9.30 – 9.45||Coffee break|
|9.45 – 12.00||Capabilities and dynamic capabilities based views; cognition and attention-based views; Corporate, competitive strategy, strategy process research|
Readings before the lectures on Thursday:
Barney JB. 2001. Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management 27(6): 643-650.
Priem, R.L., Butler, J. 2001. Is the resource‐based ‘view’ a useful perspective for strategic management research? Academy of Management Review.
Barney, J. B. 2001. Is the resource-based “view” a useful perspective for strategic management research? Yes. Academy of Management Review, 26(1): 41-56.
Priem, R. L., and Butler, J. E. 2001. Tautology in the resource-based view and the implications of externally determined resource value: Further comments. Academy of Management Review, 26(1): 57-66.
Teece DJ. 2007. Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal 28(13): 1319-1350.
Peteraf, M., G. Di Stefano, G. Verona. 2013. The elephant in the room of dynamic capabilities: Bringing two diverging conversations together. Strategic Management Journal. 34(12) 1389-1410.
Other Suggested readings:
Ocasio, W. 1997. Towards an attention-based view of the firm. Strategic Management Journal. 18 187-206.
Teece DJ, Pisano G, Shuen A. 1997. Dynamic capabilities and strategic management. Strategic Management Journal 18(7): 509-533.
Ocasio W. 2011. Attention to Attention. Organization Science 22(5): 1286-1296.
Laamanen T, Wallin J. 2009. Cognitive Dynamics of Capability Development Paths. Journal of Management Studies 46(6): 950-981.
Gavetti G. 2012. Toward a Behavioral Theory of Strategy. Organization Science 23(1): 267-285.
Laureiro-Martinez D. 2014. Cognitive Control Capabilities, Routinization Propensity, and Decision-Making Performance. Organization Science 25(4): 1111-1133.
Burgelman R.A., Floyd S.W., Laamanen T., Mantere S., Vaara E., and Whittington R. (2018). Strategy processes and practices: Dialogues and intersections. Strategic Management Journal 39(3): 531-558.