Workshop Series: Gerard Hodgkinson
In recent years, there has been a move to identify the behavioral foundations underpinning the evolutionary and economic fitness of the enterprise. Indeed, the dynamic capabilities project now occupies centre stage in the field of strategic management. Yet the accounts developed thus far - like much of the field's theory and research more generally - are predicated upon a cold cognition logic that downplays the significance of emotional/affective and non-conscious cognitive processes for strategic adaptation. Drawing upon contemporary advances in social cognitive neuroscience and neuroeconomics in this talk I will advance a series of countervailing insights and new prescriptions for the development of dynamic capabilities. Using Teece's (2007) influential framework to organize and illustrate the arguments, I will demonstrate how the fundamental capabilities of sensing, seizing and transforming each require firms to harness the cognitive and emotional capacities of individuals and groups to blend effortful forms of analysis with the skilled utilization of less deliberative, intuitive processes.
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Gerard P Hodgkinson is Professor of Organizational Behavior and Strategic Management and Director of the Centre for Organizational Strategy, Learning and Change at the University of Leeds, UK. His work centres on the psychology of strategic management (especially the nature and role of mental models in competitive positioning analysis, conscious and non-conscious cognitive-affective processes in dynamic capabilities development and strategic decision making, and the development and validation of tools and processes for research and intervention. The (co-) author of three books and over sixty scholarly journal articles and book chapters, his work has appeared in outlets such as the Annual Review of Psychology, Organizational Research Methods, Organization Studies, Risk Analysis, and Strategic Management Journal. In recent years, his work has been taken forward through the award of a Senior Fellowship of the UK ESRC/EPSRC Advanced Institute of Management (AIM) Research (2004 - 2007). He was the Editor-in-Chief of the British Journal of Management (1999 - 2006) and currently co-edits (with J. Kevin Ford) the International Review of Industrial and Organizational Psychology and serves on several editorial boards including the Academy of Management Review, Journal of Organizational Behavior, Journal of Management, and Organization Science. With William H. Starbuck he recently co-edited The Oxford Handbook of Organizational Decision Making. He is also the current Chair of the Academy of Management's Managerial and Organizational Cognition (MOC) Division.