The ‘strategy creation’ process – the process of formulating and implementing strategy – has been under critical study for decades for not delivering the desired results. The discussion on how a strategy process should be run has resulted in a number of ‘strategy schools’. Procedural...

“Fair Process Leadership” (FPL) is an integrative approach to leadership that emphasises high levels of engagement and transparency with stakeholders, as well as objective evaluation of both outcomes and process. Research shows the presence of FPL generates trust, and leads to effective...

Following a number of recent crises, including, amongst others, financial crises, COVID-19, global climate change, and the Ukraine War, this article reviews the main principles guiding crisis management. Our first aim is to sum up the main lessons that these crises have taught or reminded us of....

This paper presents a theory of business model innovation (BMI) within incumbent firms. The process of business model change is examined, with particular attention to business units in a multibusiness enterprise. The paper expands upon past definitions of business models. It identifies four...

In this article we reassess the myth of Napoleon Bonaparte, not so much from the standpoint of battles and conquests, but more from the point of view of justice, particularly procedural justice. This approach allows us to define the righteous leader as one who applies procedural justice. Using...

Managerial flexibility has value in the context of uncertain R&D projects,as management can repeatedly gather information about uncertain project and market characteristics and, based on this information,change its course of action.This value is now well accepted and referred to as real option...