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Sustainability Real Options 可持续性实物期权
IF 1 2区 管理学
California Management Review Pub Date : 2025-05-15 DOI: 10.1177/00081256251331264
Han Smit
{"title":"Sustainability Real Options","authors":"Han Smit","doi":"10.1177/00081256251331264","DOIUrl":"https://doi.org/10.1177/00081256251331264","url":null,"abstract":"Summary Decision-making on sustainability investment faces two challenges. First, appraisal methods are based on a narrow view of shareholder value and require extensions to support decisions that involve valuable outcomes for society. Second, the consequences of climate change are uncertain. However, firms have real options to adapt, which helps them realize the energy transition. An extended net present value that includes societal real options can assess the value of phasing in renewables (e.g., timing, expansion, and growth options) and phasing out fossil fuels (contraction, abandonment, and switching options). Increased corporate awareness of societal real options value should encourage corporations to act more responsibly.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"5 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144066104","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Major Program Value Creation and Capture: The S 3 Framework for Mitigating Risk Propagation to Maximize Opportunities 主要项目价值的创造和获取：减少风险传播以最大化机会的s3框架
IF 1 2区 管理学
California Management Review Pub Date : 2025-04-26 DOI: 10.1177/00081256251324255
Daniel Erian Armanios, Marc J. Ventresca, Maher K. Itani, Malcolm McCulloch
{"title":"Major Program Value Creation and Capture: The S 3 Framework for Mitigating Risk Propagation to Maximize Opportunities","authors":"Daniel Erian Armanios, Marc J. Ventresca, Maher K. Itani, Malcolm McCulloch","doi":"10.1177/00081256251324255","DOIUrl":"https://doi.org/10.1177/00081256251324255","url":null,"abstract":"Large-scale, mission-critical initiatives are increasingly deployed through major programs or assemblies of projects that span and situate across sectors, industries, and/or geographies. To better track risk propagation within major programs, this article reconceptualizes them as temporary ecosystems or interlinked organizations whose project-based interdependencies last until the program’s conclusion. This basis motivates our S <jats:sup>3</jats:sup> framework and its three unifying themes. <jats:italic>Scoping</jats:italic> identifies program vulnerabilities to disruptions. <jats:italic>Scaffolding</jats:italic> develops digital and organizational tools to connect program skills with needs. <jats:italic>Sensing</jats:italic> engages with those oft-excluded in programs. We then apply this framework to the Oman Vision 2040 program and a hypothetical peacekeeping mission scenario to demonstrate the framework’s practicality.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"3 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143875885","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Consistent Human Resource Practices 一致的人力资源实践
IF 1 2区 管理学
California Management Review Pub Date : 2025-04-21 DOI: 10.1177/000812569904100301
James N. Baron, David M. Kreps
{"title":"Consistent Human Resource Practices","authors":"James N. Baron, David M. Kreps","doi":"10.1177/000812569904100301","DOIUrl":"https://doi.org/10.1177/000812569904100301","url":null,"abstract":"","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"1 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143857749","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
When Work Becomes Home and Home Becomes Work 当工作变成家，家变成工作
IF 1 2区 管理学
California Management Review Pub Date : 2025-04-14 DOI: 10.1177/000812569703900401
Arlie Russell Hochschild
{"title":"When Work Becomes Home and Home Becomes Work","authors":"Arlie Russell Hochschild","doi":"10.1177/000812569703900401","DOIUrl":"https://doi.org/10.1177/000812569703900401","url":null,"abstract":"","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"49 1","pages":"79-97"},"PeriodicalIF":10.0,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143832271","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Escaping the Governance Trap: Insights from New Infrastructure Development “Megaprojects” 摆脱治理陷阱：新基础设施发展 "巨型项目 "的启示
IF 1 2区 管理学
California Management Review Pub Date : 2025-04-12 DOI: 10.1177/00081256251329058
Nuno Gil, Sara Beckman
{"title":"Escaping the Governance Trap: Insights from New Infrastructure Development “Megaprojects”","authors":"Nuno Gil, Sara Beckman","doi":"10.1177/00081256251329058","DOIUrl":"https://doi.org/10.1177/00081256251329058","url":null,"abstract":"Summary Mega infrastructure projects in liberal democracies often encounter significant cost overruns and delays. These challenges arise from tensions between mandated stakeholder engagement and shareholder-focused decision making. Legal frameworks require broad stakeholder involvement, yet investors prioritize cost efficiency, frequently omitting collaboration expenses from initial budgets. This misalignment creates governance traps, leading to prolonged negotiations, inefficiencies, collective action problems, and diminished trust among managers, stakeholders, and investors. This special section of <jats:italic>California Management Review</jats:italic> examines the dynamics of large-scale stakeholder enfranchisement. This introduction presents a 2 × 2 framework categorizing megaproject governance based on legal mandates for stakeholder inclusion and the degree of shareholder-centric investment decisions. The featured articles propose strategies to enhance stakeholder collaboration and address governance challenges. Together, they suggest that large-scale stakeholder engagement can be effective when organizations enjoy ample resources or strong cooperative norms. In their absence, governance traps may emerge, hindering efficiency and broad-based wealth creation. Alternative social arrangements can be employed to navigate and escape these governance traps.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"5 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143822722","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Value Pathways in Emergent Programs: Tackling Grand Challenges in the Swedish Transportation Industry 紧急项目中的价值路径：应对瑞典交通行业的重大挑战
IF 1 2区 管理学
California Management Review Pub Date : 2025-04-03 DOI: 10.1177/00081256251324272
Ermal Hetemi, Jonas Söderlund, Sofia Pemsel, Anna Jerbrant
{"title":"Value Pathways in Emergent Programs: Tackling Grand Challenges in the Swedish Transportation Industry","authors":"Ermal Hetemi, Jonas Söderlund, Sofia Pemsel, Anna Jerbrant","doi":"10.1177/00081256251324272","DOIUrl":"https://doi.org/10.1177/00081256251324272","url":null,"abstract":"Grand challenges call for innovation and collaboration across sectors. Yet, many cross-sector and multi-stakeholder initiatives often fall short of achieving their intended goals, and creating the expected value. Addressing this issue requires a better understanding of how to develop and design emergent multi-stakeholder programs with actual societal value. This article leverages an in-depth case study of Sweden’s High-Capacity Transport program to develop a process model that demonstrates how three interconnected value pathways—goal gearing, participatory engagement, and program leveraging—ensured the gradual expansion of program goals and of interest among diverse participants who enhanced collective value creation and contributed to the success of this multi-stakeholder collaboration.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"107 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143766489","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Supporting Intellectual Property Protection: Blockchain Technology as a Catalyst for Open Innovation 支持知识产权保护：区块链技术作为开放式创新的催化剂
IF 1 2区 管理学
California Management Review Pub Date : 2025-03-28 DOI: 10.1177/00081256251320366
Stephan M. Wagner, Alexander A. Fink, Jonas F. Ehrnsperger, Philipp Düpree
{"title":"Supporting Intellectual Property Protection: Blockchain Technology as a Catalyst for Open Innovation","authors":"Stephan M. Wagner, Alexander A. Fink, Jonas F. Ehrnsperger, Philipp Düpree","doi":"10.1177/00081256251320366","DOIUrl":"https://doi.org/10.1177/00081256251320366","url":null,"abstract":"As the access, sharing, and transfer of intellectual property (IP) are central to open innovation (OI) projects, preventing the leakage of IP is critical. The emergence of blockchain has prompted organizations to seek support from this technology to protect IP. However, the potential applications, challenges, and benefits for OI projects at the technology/legal interface are not well understood. This article shows that while blockchain technology is not the solution to all IP protection problems, it has the potential to significantly improve the status quo by creating an immutable record of the existence, integrity, and ownership of files at specific points in time. It also offers guidance to practitioners on how to extend and complement their existing IP protection, ultimately enhancing their negotiating leverage and collaboration with OI partners.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"57 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143723146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Chipping Away at a Grand Challenge: A ligning Goal and Governance to Reduce Homelessness 消除一个巨大的挑战：减少无家可归的目标和治理
IF 1 2区 管理学
California Management Review Pub Date : 2025-03-24 DOI: 10.1177/00081256251323533
Nuno A. Gil, Sara Beckman, Felipe Massa, Cristina Sousa, Özge Kutun
{"title":"Chipping Away at a Grand Challenge: A ligning Goal and Governance to Reduce Homelessness","authors":"Nuno A. Gil, Sara Beckman, Felipe Massa, Cristina Sousa, Özge Kutun","doi":"10.1177/00081256251323533","DOIUrl":"https://doi.org/10.1177/00081256251323533","url":null,"abstract":"When many of today’s deepest problems are intractable, how can public, private, and nonprofit actors collaborate to mitigate negative local effects? Given the open-endedness of any collective effort to “chip away” at a grand challenge, these intersectoral collaborations must align the scope of a shared goal with the governance arrangements distributing decision-making authority. By juxtaposing insights from fieldwork on intersectoral collaborations formed to aid local homeless communities in São Paulo (Brazil), California (USA), and Manchester (UK), this research presents four goal-governance alignments to achieve coordinated collective action. To pursue a targeted goal, an organization can set up or join a local structure of centralised ( <jats:italic>Partnerships</jats:italic> ) or distributed ( <jats:italic>Coalitions</jats:italic> ) decision-making authority. To pursue broader goals, an organization can evolve into a <jats:italic>Mission</jats:italic> by engaging simultaneously in multiple, mutually reinforcing local partnerships and coalitions. Or evolve into <jats:italic>a Movement</jats:italic> by not only adding local structures of collective action, but also adopting a participation architecture to encourage collaboration at scale from third parties outside the organization’s managerial control.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"57 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143695353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Climate Finance: Progress, Challenges, and Opportunities on the Path to a Sustainable Planet 《气候融资：通往可持续地球之路的进展、挑战与机遇
IF 1 2区 管理学
California Management Review Pub Date : 2025-02-13 DOI: 10.1177/00081256241296902
Laura D. Tyson, Daniel Weiss
{"title":"Climate Finance: Progress, Challenges, and Opportunities on the Path to a Sustainable Planet","authors":"Laura D. Tyson, Daniel Weiss","doi":"10.1177/00081256241296902","DOIUrl":"https://doi.org/10.1177/00081256241296902","url":null,"abstract":"Net zero by 2050 requires significant capital deployment through innovative climate finance and supportive policies. Policymakers and capital markets face the challenge of generating returns, driving economic growth, and ensuring sustainability. The International Energy Agency (IEA) estimates existing technologies can achieve 80% of the emissions reductions needed by 2030, but mobilizing capital to finance them at scale is crucial. This article explores how U.S. and European public and private capital markets are innovating to fund investments to drive the transition to net-zero and demonstrates the importance of policies and public-private partnerships to stimulate the necessary investments.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"53 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143417269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Can “Sustaining Innovation” Deliver Sustainability? Amazon’s Innovation Processes on Corporate Decarbonization “持续创新”能带来可持续发展吗？亚马逊在企业脱碳方面的创新过程
IF 1 2区 管理学
California Management Review Pub Date : 2025-02-12 DOI: 10.1177/00081256241300334
Dara O’Rourke
{"title":"Can “Sustaining Innovation” Deliver Sustainability? Amazon’s Innovation Processes on Corporate Decarbonization","authors":"Dara O’Rourke","doi":"10.1177/00081256241300334","DOIUrl":"https://doi.org/10.1177/00081256241300334","url":null,"abstract":"Responding to climate change requires rapid changes in corporate practices. This article assesses how Amazon, known for its speed and innovation, has leveraged internal processes to transition toward “Net Zero Carbon” by 2040. It argues that industrial decarbonization has primarily involved “sustaining innovations” and then examines how Amazon’s internal mechanisms have been applied to sustainability—including efficiency improvements, lower-carbon substitutions, longer-term innovation investments, and engagements with their supply chains. Amazon’s experiences are relevant to corporations working to advance decarbonization. It concludes by offering lessons for managers about how to leverage innovation processes to advance climate goals.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"15 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143401203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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