Moving Right Along
It is goodbye to Zanner. I shall leave the Zanner page up for a while for interest’s sake. Now ‘off the water’ – i.e. without a boat – for the first time in almost 30 years – which itself was a shortish break after I left my lovely Finland-built Altesse in the UK when I headed to N America full-time in 1981. I have been ‘on the water’ in one way or the other since I was 11 years old.
New Calls for Papers – 1. Journal of Knowledge Management Special Issue and 2. AMLE Call on History of Business Schools
Now getting into the AMLE SI. Which makes a welcome break from COVID every day. Many desperately imagining the pandemic is over and we can all go ‘back to normal’. The facts do not support this view, but it seems we do not want to hear them. All minds are turning towards activity and plans; writing, conferences, making use of what we (teachers and students) have learned from on-line interactions. No doubt the ‘new normal’ will be very different from the old normal, especially in education. Not only building ‘new business models’ emerging, it will be more about building new forms of life. Also, of course, new social organizations and institutions, including universities, in the light of the BLM movement.
Academic Activities. I came into management education in 1971 after Naval service and managerial work in several industries. I wanted to understand this experience. It proved more difficult – and more interesting – than I imagined. Ever since I have been working on a ‘theory of the firm’ that hinges on the managerial/entrepreneurial imagination. Only recently have I understood how we might proceed by making Knightian uncertainty foundational, questioning why firms exist and what they are. The move brings strategy, entrepreneurship, ethics, and leadership together into a single inquiry about imagining the economic sphere of life. Crucial elements are (a) non-zero transaction costs, and (b) the processes that create economic value at least sufficient to cover these costs. Regrettably, Williamson’s analysis obscures rather than clarifies.