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Michael G Jacobides

Michael Jacobides, faculty member in Strategic and International Management at London Business School

BSc (Athens) MA PhD (Wharton)
Sir Donald Gordon Chair of Entrepreneurship and Innovation and Associate Professor of Strategy and Entrepreneurship

Strategy and Entrepreneurship

Office: S316, Sainsbury Wing
Tel: +44 (0) 20 7000 8716
Email: mjacobides@london.edu

Secretary: Beth Wallace
Office: S346, Sainsbury Wing
Tel: +44 (0) 20 7000 8722

Welcome to my home-page!

This page is designed to give you a brief overview of my research interests, publications and teaching/executive development work, as well as the consulting/ "thought leadership" activities (for want of a better term) I have been involved with.


I hold the Sir Donald Gordon Chair for Entrepreneurship and Innovation at London Business School, where I am also an Associate Professor of Strategy and Entrepreneurship. I am involved in the Advanced Institute for Management Research as Sumantra Ghoshal Fellow. Before that, I was on the faculties of Harvard Business School and the Wharton School (U. of Penn) and taught at the joint Columbia Business School / LBS Global Executive MBA.


At LBS, I am responsible for teaching the subject of Turnarounds (see my syllabus on Managing Corporate Turnarounds), and also teach strategy and innovation to executive audiences (such as our Developing Strategy for Value Creation programme) and have been involved with several of our senior degree and executive programmes in the past (Sloan Fellows, EMBA Global, Senior Executive Programme), as well as custom-made executive education.


Executive development is a key part of my work. I facilitate meetings and consult to senior executive or board level for clients such as Banco Intesa San Paolo, Zurich London, Finland's YLE, KPMG (DK), TV2, Orange and RICS. I often give talks at major corporate or industry events, and help business people in areas such as strategic innovation, integrating strategy into everyday work, analysing the business environment and understanding resources.


In executive development, I have worked with companies such as Zurich Financial Services, RBS, Barclays, HSBC, Abbey National / Santander, Dexia, Pirelli SpA, Intel, BT, EDS, Nokia, Bertelsmann, ACE, IBM, PwC, Saatchi & Saatchi, Lufthansa and EADS, in Europe and the US. I also teach the Global Fellows at the World Economic Forum, and am involved in its New Financial Architectures project, as well as various projects with major firms such as Vodafone, PwC and Roche.

At present, my research looks at how industries, business models, and organizational boundaries change over time: the new strategic dynamics of changing "industry architectures". I consider how technology, competition and deregulation can reshape sectors, changing "who does what" (roles) and, as a result, "who takes what" (profits or sector dominance). I aim to help firms write new "playscripts", reshaping their strategies and rethinking their sector.

For instance, I studied how the mortgage banking sector dis-integrated and how securitization emerged, and how sectors such as media, telecom and computers are changing, re-shaping the landscape for all involved. I also study change, in the context of both successful and troubled firms.

I am also interested in the policy challenges that changes in industry architecture entail. Specifically, I consider why the current financial crisis came about, with the nature of the financial services sector changing without anyone noticing, and what we should do about it. (For more on this subject, see the video transcript of the keynote panel at the Strategic Management Society I organized this October.)

Through my research, I try to help executives navigate a changing environment by helping them craft their strategy (see my latest article for the Harvard Business Review on this!). My research was recognized by the Sloan Foundations' Inaugural Prize for Industry Studies.

I began my career by studying economics, strategy and organization at the Universities of Athens, Cambridge, Stanford, and at the Wharton School where I received my MA and PhD. Before rejoining academe, I was a strategist (with Sanofi Pharma and Titan Cement) and a consultant (with Ernst & Young in Paris and Guildhall Ltd in London). 

As well as my post at LBS, I have several other affiliations. I am a Senior Fellow at Wharton's Financial Institutions Centre. I have been a Professeur Invité at the University of Paris, a Distinguished Scholar at Singapore Management University, as well as a NATO Science Fellow and a Leverhulme Trust Principal Investigator, and have given talks to most leading business schools in Europe, the US and Asia.

My work has been published in Harvard Business Review, Strategic Management Journal, Organization Science, Academy of Management Review, Academy of Management Journal and Industrial and Corporate Change, where I am an Associate Editor. I have written for the Financial Times and my work is used by analysts and regulators, reported by publications such as "The Banker" and "Strategy & Business". I have delivered keynote addresses for firms such as Winterthur / Credit Suisse, PwC, ISP, McKinsey& Co or Finmeccanica; industry associations such as ARMA, British Bankers Association, the Institute of Turnarounds, and the MBAA; and NGOs such as the UN/UNCTAD.

 

Contact details

Email mjacobides@london.edu

Tel +44 (0) 20 7000 8716
Fax +44 (0) 20 7000 8701

School Profile page

Visit Michael's School profile webpage

© London Business School 2005