Phil was commissioned by the Atlantic Council, the US non-partisan thinktank, to produce a report ahead of the Group of 20 finance ministers and heads of leaders’ summit in 2020. the report was based on his in-depth interviews with 10 senior directors at the council as well as a large amount of background material and research.
The report was aimed to be a concise explanation of the issues that the politicians and their advisers would need to deal with and advice on how to ensure that the summits are a success at such a crucial time for the world’s economy, health security and long-term sustainability.
At its heart is the idea that the G20 is the only body with the clout to save the global economy and that only by focusing on cooperation and consensus combined with pragmatic leadership by the United States can it succeed in that mission. The link to the report is here.
Research by Imperial College Business School has looked at how the technology revolution underway since the turn of the millennium has triggered a surge of new players springing up to take advantage of the opportunities it offers.
We spoke with the co-author, Markus Perkmann, associate professor of technology and innovation management, about the implications of his research for our understanding of how organisations tend to be formed in this new world.
He explains how emerging organisations “cobble together” their structure in a way that is radically different from our traditional understanding.
Together with Andre Spicer at Cass Business School, Perkmann has developed a new concept of “organisational bricolage” to explain how new organisations are shaped by drawing on existing forms. To explore how this worked in practice, they looked at Indymedia, the London-based alternative media organisation that arose out of the protests against the World Trade Organisation in Seattle in 1999.
While this innovation is unlikely to make existing models of business organisations redundant in the near future, Perkmann says there is strong evidence existing companies are having to adapt. “We will always have plcs. But if you look at the different generations of organisation that succeed each other they are definitely differently organised.”
The interview is published on the Imperial College Business Blog and can be found here.