Strategy and Climate Change

Together with fantastic colleagues, Pratima Bansal, Rodolphe Durand, Sven Kunisch, and Anita McGahan, we attempt to contribute to a change in the role of strategic management in tackling climate change. Our central argument is that to effectively tackle climate change and account for planetary boundaries, the strategic management enterprise needs to fundamentally reinvent itself. In our so-called Point in the Journal of Management Studies, we argue for such a turnaround and outline a ‘new strategy’ paradigm that integrates the constraints of planetary boundaries and Earth systems not as an afterthought, but as the basis of inquiry. In addition, I focus in my research with Pia K. Neudert, Erwin Hettich, and others on how business ecosystems as a novel form of inter-organizational relationships, contribute to and potentially drive the transition to business practices aligned with ESG goals.

For a short summary of our argument, see our blog post in JMS’ blog: