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Mitsuru Kodama

Strategic innovation dynamically brings about strategic positioning through new products, services and business models, and is a dynamic view of strategy that enables a large corporation to maintain its competitiveness and establish sustainable growth. For these reasons, large corporations have to be innovators that can reinforce their existing positions (businesses) through incremental innovation, while at the same time constantly renew or destroy existing business through radical innovation. From detailed reviews of existing capabilities theories (resource-based theory of the firm, dynamic capabilities, and so on), and further theories deeply related to the characteristics of corporate or organizational capabilities and field data on sustainable growth of global corporations, this chapter presents the concept of a “Capabilities Map” derived from existing research into the characteristics of dynamic capabilities responding to environmental conditions such as dynamic temporal shifts and factors of uncertainly.

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Preface and acknowledgments

Driving Congruence in Capabilities

Mitsuru Kodama

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The management of natural resources: an overview and research agenda

Organizational Strategy, Behaviour and Dynamics

Gerard George, Simon J.D. Schillebeeckx and Teng Lit Liak

This chapter is a reprint from an editorial in the Academy of Management Journal. The article investigates how resources have been discussed and theorized over the last decades and finds that despite their omnipresence in economics, engineering and policy, managerial thought on natural resources is largely missing. Yet, important questions on how firms deal with scarcity of natural resources, how they are managed in a sustainable way, and how they inspire all kinds of organizational action abound. We discuss organizational, institutional and societal responses to scarcity and present ways to continue research on the ‘Grand Challenge’ of natural resources within the field of management. Finally, we present a conversation with Teng Lit Liak, a businessman, politician and environmental champion in Singapore on his perspectives on the natural environment.

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Introduction: developing thought leadership on managing natural resources

Organizational Strategy, Behaviour and Dynamics

Edited by Gerard George and Simon J.D. Schillebeeckx

The book aims to develop thought leadership on managing natural resources and stimulate the emergence of a community of management scholars that will advance research in this exciting area. We invited scholars from around the world to share conceptual and empirical research in which natural resources take centre stage and present 11 chapters that all contribute in important ways to both management theory and thinking as well as to the natural resource agenda. We explicitly draw the connection between the sustainable development goals of the United Nations and natural resources and explore how the chapters in this book address many of these goals in a way that husbands management theory with real impact.

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Pedagogical features

In Search of a Multidisciplinary, Innovative and Integrated Approach

Edited by Jorge A. Arevalo and Shelley F. Mitchell

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Introduction

In Search of a Multidisciplinary, Innovative and Integrated Approach

Jorge A. Arevalo and Shelley F. Mitchell

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Foreword

In Search of a Multidisciplinary, Innovative and Integrated Approach

Mark Starik

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Business cases for sustainability-integrated management education

In Search of a Multidisciplinary, Innovative and Integrated Approach

Melissa Edwards, Suzanne Benn and Mark Starik

As the Decade of Education for Sustainable Development has now concluded, sustainability educators are reflecting on and planning next steps for embedding sustainability in higher education curriculum. Many exemplars of holistic sustainability-integrated management education (SIME) exist, and various techniques and frameworks for embedding sustainability into the curriculum have been developed. Yet business schools have been critiqued for having a dearth of sustainability in the curriculum. This raises an important question regarding how SIME can feasibly and viably thrive in management education. Taking a multilevel, multi-systems view of higher education, many interrelated factors can be attributed to influencing the position a university adopts in its approach to embedding sustainability into the curriculum. In an increasingly complex and marketized system, a business case for SIME is required. Business cases range from a reactionary ‘business as usual’ to a holistically integrated ‘business as unusual’ approach. Using a ‘phase model’ framework the authors analyze various different business cases for SIME, elaborating how varying pedagogical assumptions can lead to starkly different value propositions for SIME. The model can be applied to compare and contrast between multiple business cases and used as a means for positioning and justifying a holistic approach to SIME.

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Gunjan Saxena

Chapter 1 sets the scene for Marketing Rural Tourism: Experience and Enterprise. The emphasis is on placing individual narratives within collective stories with a view to illustrating the ingenuity and sociality of actors involved in selling and performing rurality. The focus is on how rurality is experienced dialectically as a resonance between past life stories (through shared memory) and present life stories that hint at the creative tactics employed by actors in (re)working the place to generate custom and fuel tourists’ imagination.