Managing Natural Resources: Organizational Strategy, Behaviour and Dynamics

Managing the natural environment is fundamental to many businesses, yet management scholars have understudied how natural resources are acquired and deployed, how they constrain and challenge strategy and innovation, and how they differ from more conventionally studied resources in management. This book captures leading and thought-provoking conceptual and empirical contributions on how organizations (ought to) interact with such natural resources. Utilizing a distinctly managerial approach, the chapter authors explore topics such as inter-organizational relationships, strategic responses, and risk and resilience at the interface of the natural environment. By applying and extending management theories such as resource dependence, transaction costs, the resource-based view, dynamic capabilities and imprinting in a natural resource context, the authors open up multiple avenues for future research. At the same time, they seek to actively build a global community of management scholars interested in natural resources. Multidisciplinary in approach and clear in execution, this book will be of interest to students and researchers studying natural resource management and policy, policymakers from regional, national, and trans-national bodies, as well as leaders of environment focused NGOs. Contributors include: B. Bastian, H. Burgers, M. Bystrowska, B. Crawford, C. Dean, G. George, J. Good, B. Grøgaard, S. Gurtner, Y. Hu, F. Keller, R.P. Lee, T.L. Liak, S. Mehra, V.V. Miller, F. Paetzold, A.C. Presse, M.J. Pisani, R. Reinhardt, U.H. Richter, L. Schiffer, S.J.D. Schillebeeckx, C.L. Tucci, C. Van der Byl, K.A. Wigger, M. Workman. F. Zarea Fazlelahi

Table of Contents:
Contents: Introduction: Developing Thought Leadership on Managing Natural Resources 1. The Management of Natural Resources: An Overview and Research Agenda Gerard George, Simon J.D. Schillebeeckx and Teng Lit Liak Part I Risk and Uncertainty in the Natural Environment 2. Scarcity in the Twenty-First Century: How the Resource Nexus Affects Management Simon J.D. Schillebeeckx, Mark Workman, and Charles Dean 3. A raw materials transition for a low-carbon economy: Challenges and opportunities for management in addressing the trilemma of competitiveness, supply security and sustainability Roh Pin Lee, Ronny Reinhardt, Florian Keller, Sebastian Gurtner, and Lutz Schiffer 4. Risk Management and Adaptation in Oil and Gas Commodity Resource Markets Connie Van der Byl and Birgitte Grøgaard Part II Natural Resources and Interorganizational Relationships 5. Arrangements to Access Natural Resources: The roles of localness and interdependence Karin Andrea Wigger and Marta Bystrowska 6. Natural Imprinting and Vertical Integration in the Extractive Industries Forough Zarea Fazlelahi and J. Henri Burgers Part III Natural Resource Dynamics inside Organizations and Over Time 7. The Giving River: How organizational actorhood and history have shaped the management of water Brett Crawford, Siddharth Mehra, and Yulong Hu 8. Natural Resources and the Resource-Based View Bettina Bastian, Ulf Henning Richter, and Christopher L. Tucci 9. A Human Leap of Ecological Faith: The Role of Indeterminacy and Irreversibility in Ecological Sensemaking Jason Good Part IV Sustainability Today and Tomorrow: Rebuilding Failing Institutions 10. Sustainability Science and Water Usage: Science as a Method for the Corporate Governance of Natural Resources Van V. Miller and Michael J. Pisani 11. Towards a Global Climate Strategy: Reconciling Ecological, Entrepreneurial and Social Elements of Sustainability André C. Presse and Falko Paetzold Index

About the Author :
Edited by Gerard George, Michael Brown Professor of Innovation and Entrepreneurship, McDonough School of Business and Director of the Georgetown Entrepreneurship Initiative, Georgetown University, US and Simon J.D. Schillebeeckx, Assistant Professor of Strategic Management, Lee Kong Chian School of Business, Singapore Management University, Singapore

Review :
'This book is an invaluable resource for all those studying natural resources. The splendid collection of chapters shows the diverse ways in which natural resources impact management studies. Comprehensive in character, this text advances fruitful avenues of inquiry and sets a high bar for all that follows.' --Andreas Rasche, Copenhagen Business School, Denmark'An innovative and well-researched book on the importance of managing natural resources from a strategic point of view. This judiciously edited volume provides coverage of a fresh collection of important issues and of a number of rigorous approaches to analyse them. This book is of great interest to all business scholars in the fields of sustainability, environmental management, corporate social responsibility, and natural resource dynamics.' --J. Alberto Aragon-Correa, University of Granada, Spain and University of Surrey, UK 'Economic theory has so seriously warped the meaning of ''nature'' that we now view natural resources as an impediment. We speak blithely of the ''natural resources curse'' and the ''Dutch disease'' as if nature is the enemy of human progress. Thankfully, Managing Natural Resources: Organizational Strategy, Behaviour and Dynamics offers a much-needed shift in the conversation. The editors have drawn together 11 delightful chapters that re-enchant the concept of nature as the antidote to an increasingly hyper-rationalized view of the natural environment. This book is a must-read for anyone interested in understanding how natural and human resources are intimately connected.' --Roy Suddaby, University of Victoria, Canada and Newcastle University, UK