Featured Session 74

Eurozone in Crisis: The Administrative Basis of Macroeconomic Meltdowns

Track P

Date: Tuesday, October 9, 2012


Time: 09:30 – 10:30

Featured Showcase Panel

Room: Meeting Hall V

Session Chair:

  • Michael G. Jacobides, London Business School

    photo of Michael G. Jacobides

    Michael Jacobides holds the Sir Donald Gordon Chair of Entrepreneurship & Innovation at the London Business School, where he is Associate Professor of Strategy. He has held visiting appointments at Wharton, Harvard Business School, NYU- Stern, has visited Bocconi, U. of Paris and Singapore Management University, and teaches in Columbia for the LBS/Columbia EMBA-Global. He has served on the Global Agenda Council of the World Economic Forum on the Financial System and the Future of Investments, and is a Visiting Scholar with the New York Fed, focusing on changing business models in Financial Services. He studied in Athens, Cambridge, Stanford and Wharton, where he obtained his PhD.


This session will explore how Greece, the bete noire of the ongoing crisis that threatens the very existence of the Euro, went into such trouble. Through contributions by senior policy-makers, MPs, and business leaders from Greece we will explore an important, and often overlooked set of issues: How organizational and leadership challenges aggregate up to macro-economic crises. We will consider how institutional structures, but also administrative routines, entrenched habits and governance failures led a country to slip from one of Europe’s fastest growing economies to a failing state. We will see how governance mechanisms in Europe, as well as a misguided response to the true underlying organizational issues, have exacerbated the problem, imperiling Europe’s very future. We will also consider how successful, large firms such as OTE (the Balkans telecommunication leader) are trying to manage through both technological turmoil, but also macroeconomic instability. Ending on a bright note, we will ask how research and advice from our field can inform the debate and help avert or overcome crises such as this.

All Sessions in Track P...

Sun: 13:45 – 14:45
Session 67: Pioneering the Way Towards the East: Early Entry and Transition Challenges
Sun: 15:15 – 16:30
Session 68: Business Schools in Transition: Models of Management Education and Research
Mon: 11:15 – 12:15
Session 69: SMS Lifetime Achievement Award Honoring Carlos Ghosn
Mon: 15:00 – 16:00
Session 260: Transitioning Towards the Sustainable Enterprise
Session 261: Opening Strategy: Creating More Transparent and Inclusive Strategy Processes at CERN , Intel and Atlassian
Tue: 09:30 – 10:30
Session 73: Driving Transition Strategies: Enhancing Entrepreneurial Spirit in Large Corporations
Session 74: Eurozone in Crisis: The Administrative Basis of Macroeconomic Meltdowns
Session 75: Editors’ Perspectives on Strategy in Transition
Session 299: The Pharma Industry’s New Contract with Society

Strategic Management Society