Projects

The Global Strategic Responsiveness Initiative is engaged in a number of funded research projects and development efforts

 

STRATEGIC RISK LEADERSHIP
– DEALING WIITH RISK, UNCERTAINTY, AND THE UNKNOWN (AUGUST 2018 …)

An ongoing research effort 
This project was initiated by an invited research stay at the Opus College of Business at St. Thomas University in Minneapolis (USA) to work on joint efforts to analyze the state of strategic risk management and governance practices.  This work studies current risk management practices to identify proper risk leadership traits and areas for policy initiatives and regulatory (risk) governance.
The project has received initial funding from the Otto Mønsted Foundation. 
This is a collaborative effort with the Risk Leadership Initiative headed by Professor Peter Young, 3M Endowed Chair in International Business, Opus College of Business, University of St. Thomas.

EMERALD BOOK SERIES:
EMERALD STUDIES IN GLOBAL STRATEGIC RESPONSIVENESS (APRIL 2017...)

   A forthcoming series of thematic books
   The is a book series dedicated to build on and extend the Global Strategic Responsiveness research theme.  
   The first issue entitled The Responsive Global Organization: New Insights from Global Strategy and
   International Business was published in the fall of 2017. 
   The second issue with the title: Strategic Responsiveness and Adaptive Organizations:
   New Research Frontiers in International Strategic Management was released in February 2019.  
   Future editions linked to the general research theme are planned for future publication.

EMPIRICAL STUDIES OF PRESCRIBED IN RISK GOVERNANCE MODELS (MAY 2017 …)

   An ongoing research effort
   The project was initiated as a research stay at the University of Florence, Department of Management, 
   Accounting and Finance, starting a collaborative research effort to examine the claimed,
   but rarely validated, effects of formal enterprise risk management frameworks including
   extended three-lines of defense models used in EU prescribed risk governance regulation.
   The initial effort received funding from the University of Florence.
   The project is a collaborative effort with Alessandro Gianozzy (University of Florence),
   Simon Torp (Aarhus University) and Johanna Sax (Danske Bank).
 

CROWD PREDICTIONS FROM THE FRONTLINE:
A PROACTIVE DECISION TOOL FOR DYNAMIC DECISION-MAKING (2017-2020)

   A research project
   The project develops proactive decision-making tools for dynamic decision-making to
   enhance the competitiveness of international firms. Managers and local frontline employees
   have updated information whose collective intelligence is used to predict emerging developments.
   The project adopts digitalized crowd prediction methodologies to collect this information and
   form early signals for updated decisions as a basis for more timely proactive responses
   in turbulent global markets.
   The project is funded by the Danish Industry Foundation.
   The project is a collaborative effort with Carina Antonia Hallin (the Collective Intelligence Unit – CIU).
 

RISKY BUSINESS: MANAGING IN A WORLD WITH EXTREME EXPOSURES (2019-2021)

   A research project
   The project is investigating why only few organizations are able to adjust and thrive against
   the adverse odds provided by the turbulent global business environment whereas most others seem to fail. 
   The global market economy is exposed to many risks including financial crisis, cyberattack,
   political instability, governance failure, extreme weather conditions, etc. 
   In this context, only a small fraction of firms outperform and display favorable risk-return outcomes
   whereas a vast number of firms are contained in an extreme left-skewed tail of poor returns.
   This highly systematic phenomenon is overlooked in mainstream management research.
   By studying this phenomenon, we will try to understand how organizations can adapt and
   persevere in an uncertain world, which is a very timely management issue.
   The project is funded by the Independent Research Fund Denmark (Danmarks Frie Forskningsråd – DFF).