Effectuation: how to visualise your hidden resources
The theory of Effectuation encourages entrepreneurs facing uncertainty to take action based on the means at their disposal. But it…
Dominique Vian
Professor of Innovation and Entrepreneurship, Strategy Research Centre, SKEMA Business School - University Côte d'Azur, France
Effectual Goals: The method to set goals without imposing them
What if we changed our point of view? Traditional management often dictates objectives, which can lead to resignation by those…
Sailing in the Dark: the Vendée Globe as an Allegory for Entrepreneurship
As Charlie Dalin sets a new Vendée Globe record, sailing sheds light on a concept valuable to entrepreneurship: effectuation. Behind…
THE WORLD AFTER COVID-19: THE FOUR APPROACHES OF DECISION MAKERS WHEN FACED WITH UNCERTAINTY
We are all trying to figure out what tomorrow holds, either by making our own predictions or by listening intently to those made by others, particularly the experts...
Effectual reasoning, a tool for tackling complexity
Organisations must contend with a staggering level of uncertainty: climate change, energy transition, Brexit, etc. Yet, the way we make…