Episodes
Monday Jan 30, 2023
Management Research: Heuristics as Biases
Monday Jan 30, 2023
Monday Jan 30, 2023
Hello everybody
In today's episode, I talk about the approach by Kahneman, Tversky and their followers. They approach System 1 thinking (i.e. heuristics) as biases. In all their research, they focus on how System 1 thinking does not allow System 2 thinking (i.e. analytic approach) to work properly. It is a prevalent approach and is dominating in the field of behavioural economics, behavioural finance, and strategic management. In the next episode, I will talk about the opposite approach. But for now, enjoy this short episode about heuristics as biases!
Faithfully
Eugene (Yevgen)
Monday Jan 23, 2023
Management Research: Heuristics - Dual-process Theories
Monday Jan 23, 2023
Monday Jan 23, 2023
And welcome back to my podcast. I took a short vacation and did not post new episodes for some weeks. But today, I have started a new mini-series on heuristics. Heuristics are also called "mental shortcuts" in psychology and "rules of thumb" in management. Stay with me to learn more about this fascinating phenomenon!
Today we start with an overview of the theory (theories) behind heuristics. Enjoy, share, comment, and subscribe - it does matter!
Best
Eugene (Yevgen)
Monday Jan 09, 2023
Management Research: Organisational Capabilities - Reflective Measurement
Monday Jan 09, 2023
Monday Jan 09, 2023
Hello after a long Holidays break!
Today, we finish our miniseries on organisational and dynamic capabilities by talking about the reflective way to measure a capability. This episode has been inspired by the paper by Cohen and Bacdayan, who proposed aspects of a routine that can be measured. And as any capability is a routine, they would perfectly apply.
Enjoy, comment, share, and subscribe - it does matter!
Best
Eugene (Yevgen)
Monday Dec 19, 2022
Management Research: Organisational Capabilities - Formative Measurement
Monday Dec 19, 2022
Monday Dec 19, 2022
Welcome to the next episode in our miniseries on organisational and dynamic capabilities!
Today, we talk about a formative approach to organisational capability. In a formative measurement, we measure the antecedents, i.e. elements that precede and jointly form a capability. It is important to measure all elements, as lacking even one of them may lead to a wrong estimation of the construct.
I hope you enjoy this approach and share your ideas in the comments section in whatever app you are listening to this podcast.
Wish you all the best!
Eugene (Yevgen)
Tuesday Dec 13, 2022
Management Research: Organisational Capabilities - Structure of a Capability
Tuesday Dec 13, 2022
Tuesday Dec 13, 2022
Welcome to the next episode of my podcast!
Today we talk about how to measure a capability. Before we dive into the measurement topic, we need to understand the structure of a capability, e.g. what exactly we are going to measure.
My approach is based on evolutionary logic: the notion by Teece (2007) to approach a dynamic capability using the sensing, seizing, and reconfiguration capacities holds for all other capabilities. Each organisational capability is triggered by something an, thus, requires sensing to notice this trigger. Then, a decision is made, i.e. the seizing capacity is engaged. Finally, the decision has to be implemented, or, put differently, a firm need to reconfigure its resources using its reconfiguration capacity. Would you agree with this logic? Leave your thought in the comments section below!
Best
Eugene (Yevgen)
PS. Errata: In the episode, I say that a dynamic capability belongs to the class of organisational capabilities and that is why the features of a DC are transferable to any other organisational capability. You have probably noticed the logical fallacy: the opposite is true - the features of the class are transferable to the sub-category. Yet, the overall statement holds - as any organisational capability underlies the evolutionary logic (at least according to some of the conceptualisation of organisational capabilities), the notion of stimulus-response will hold for DC too.
Tuesday Dec 06, 2022
Management Research: Organisational Capabilities - Dynamism
Tuesday Dec 06, 2022
Tuesday Dec 06, 2022
Hello and welcome to the next episode of my podcast!
Today we talk about dynamism. If you ask someone (anyone) whether his or her industry is dynamic, he or she will tell you "yes". But is it really so? And how to distinguish between dynamic industries, where one needs a strong dynamic capability, and a moderately dynamic industry, where normal routine dynamics will suffice?
In this episode, we talk about three key variables defining the dynamism within your industry - frequency, magnitude, and irregularity of change. Enjoy, comment, share, and subscribe - it does matter!
Best
Eugene (Yevgen)
Monday Nov 28, 2022
Management Research: Organisational Capabilities -Ambidexterity
Monday Nov 28, 2022
Monday Nov 28, 2022
Good evening everyone
I am a bit late today - as always research and teaching demand time ;)
Today, I talk about ambidexterity - the ability of an organisation to perform exploitation and exploration activities simultaneously. Put differently, it is about whether an organisation with limited resources can earn money and shape new opportunities at the same time. I hope you enjoy this short show!
Meanwhile, feel free to comment, share this episode with your friends and colleagues, and subscribe to my show - it does matter!
Best
Eugene (Yevgen)
Tuesday Nov 22, 2022
Tuesday Nov 22, 2022
Hello and welcome to the next episode of my podcast!
Today we continue talking about future studies and foresight and whether these concepts fit into the Dynamic Capabilities View. We look at the main difference between some of the exercises aimed at developing a dynamic capability and a foresight capability.
Enjoy, share, comment, and subscribe - it does matter!
Best
Eugene (Yevgen)
Tuesday Nov 15, 2022
Management Research: Organisational Capabilities - Foresight Criticism
Tuesday Nov 15, 2022
Tuesday Nov 15, 2022
Hello everybody
In my today's show, I continue talking about organisational capabilities and, in particular, foresight capability. In one of his recent papers, Matthias Wenzel criticised the concept of foresight capability as conceptualised by Alessandro Fergnani. In this episode, I address two of the weaknesses of the idea.
Enjoy, write your opinion in the comments section, share this episode, and subscribes - it does matter!
Best
Yevgen (Eugene)
Monday Nov 07, 2022
Management Research: Organisational Capabilities - Foresight Capability
Monday Nov 07, 2022
Monday Nov 07, 2022
Welcome, dear friends and colleagues!
In his recent Academy of Management Perspectives (#amp) paper, Alessandro Fergnanni (2022) introduced the notion of foresight capability into strategic management (#strategicmanagement) and organisational theory (#organisationaltheory). He proposed to approach the capability as a type of dynamic capability (#dynamiccapability) as both capabilities have a lot in common. The foresight capability aims at preparing organisations for different #futures. According to the scholar, foresight capability is related to the (sustained) competitive advantage (#competitveadvantage). Interested? Stay with me during this episode and share your opinion in the comments section below!
Enjoy, share, subscribe, and comment - it does matter!
Best
Eugene (Yevgen)