Presentation on change evolution and competitive landscapes created

Presentation on change evolution and competitive landscapes (created March 2017) PROFESSOR ROBIN MATTHEWS KINGSTON UNIVERSITY BUSINESS SCHOOL LONDON ACADEMY OF NATIONAL ECONOMY MOSCOW MOSI YOSHKAR-OLA ECONOMIC STRATEGIES PRESIDENT OF THE LEAGUE OF CORPORATE STRATEGY AND ACCOUNTING http/www. robindcmatthews. com http: //www. tcib. org. uk/about. html http: //kpp-russia. ru 11/26/2020 robindcmatthews. com 1

From Bettis RA, Hitt MA. 1995. The New Competitive Landscape. Strategic Management Journal 16 : 7 -19.

Evolution and change TTYPES OF ypest TYPES OF SYSTEM CHANGE distinction change Evolution 11/26/2020 Random no pattern Normal distribution Bell shaped or approximately so Fat tailed distributions change on all scales possible; Black Swans Deterministic predictable iff imformation perfect Chaotic Deterministic but CDIC Catastrophic Singularity and great extinctions Self ordered criticality Attraction to tipping points; major (phase) transitions. 3

ADAPTATION; BARRIERS • Organizational grammar • Tradeoffs: • exploration/exploitation, adaptation/control, stability/flexibility • Barriers • Expertism: Experience, safe pair of hands, neurons that fire together wire together, mind sets • Complexity catastrophe: complex networks, percolation, (SDIC perhaps), TBTF • Path dependence: opportunities, leverage, resource/asset base • Overcoming barriers • Autonomy, hierarchy, diversity tradeoffs again

CHROMOSOMES ARE LONG STRANDS OF DNA GENES ARE CHUNKS OF DNA THAT ENCODE INFORMATION ABOUT TRAITS

Individual mindsets and group culture • Heredity and environment • Epigenisis • SOCIOGENETIC EVOLUTION (Co-operation) • cultural change is the statistical product of the separate be-havioral responses of large numbers of human beings who cope as best they can with social existence. • SITUATIONALISM (contingency) • Do the leader/manager characteristic and behaviour (resulting from genetics/biology/sociobiology/evolutionary biology fit the particular circumstances? • TOLSTOYISM • Events and outcomes are largely determined by the effects of random events on complex adaptive systems • TRANSFORMATIONALISM

appendix • Aspects of evolutionary change

NATURAL SELECTION • Natural selection operates at the phenotype level and affects the gene pool of a population – the genotype level • Gene pools of a population are also affected by random mutations and genetic drift • Darwin conceived of evolution as a very slow incremental process • Eldridge and Gould added sudden or punctuated equilibrium to the evolutionary process. • We must take account of what slow and sudden mean in evolutionary time. • • Transmission to future generations depends on Mendelian or genetic processes. Darwin was influenced by Thomas Malthus Evolution at the biological and cultural level interact (memes) The idea of natural selection in a distorted form appears as versions of competition and competitive advantage in airport style textbooks and the popular press.

Selected References • Beinhocker, Eric D. "On the Origin of Strategies. " The Mc. Kinsey Quarterly. Mc. Kinsey & Company, Inc. , 22 Sept. 1999. Web. 03 Mar. 2017. • Beinhocker, Eric D. “The Adaptable Corporation. ” Mc. Kinsey Quarterly, 2 2006, Pp 76 -87 [Electronic Resource]. " Beinhocker, E. - The Adaptable Corporation. Mc. Kinsey Quarterly, 2 2006, Pp 76 -87 | University of South Wales. N. p. , n. d. Web. 03 Mar. 2017. • Matthews, Robin “Aspects of global business. ” and “Globalisation, extreme events and Brexit. ” at Robindcmatthews. com