Revenue growth, profit margin, stock market performance, and patent output are among the preferred dependent variables that scholars employ to assess whether strategies are successful. In emerging economies, however, such measures asymmetrically represent the operational reality of businesses. Often conventional metrics are ill-designed and limited in their explanatory power to capture the dynamism of expansive subsistence economies which tend to be the socio-economic backbone of emerging economies. This is consequential as a failure to mirror the empirical reality of emerging economies and also curtails the relevance of academic work to policy makers, entrepreneurs and business owners in these regions.
Innovative scholars have embraced new measures and found a focus on, for example, employment growth, firm resilience, firm visibility, social change, firm longevity, community embeddedness, and survival to be meaningful dependent variables. Yet, such generative academic explorations, while intriguing, are far from being mainstream in academe.
Imperial College Business School invites innovative and curious scholars to a one-day SMS extension to push forward an agenda of alternative measures of firm performance. Invited speakers will explore and showcase a heterogeneous view of firm performance that is rooted in context-dependent inquiries. The conference will feature both a “how-to” part that focuses on the practicalities of designing and publishing work with alternative measures and an agenda setting part that charts out a way into the future. The intent of this conference is to foster a scholarly community and build momentum toward making alternative measures of firm performance part of academic mainstream.
08:30 Welcome Address
08:45 Keynotes: Overview of the Field
Johanna Mair: Innovative Social Firm Performance Measures
Will Mitchell: High-impact Methodologies
Wes Sine: New Frontiers in Economic Firm Performance Metrics
10:30 Showcase Panel: Specific Research Papers
12:15 Working Lunch
14:15 Plenary Session Reporting on Lunch Discussions
16:00 Synthesis Panel: Bringing It All Together and Charting Out a Research Agenda
17:00 Closing Remarks
We are pleased to host this extension at Imperial College London. Located in the heart of London, Imperial is a multidisciplinary space for education, research, translation and commercialisation, harnessing science and innovation to tackle global challenges.
Imperial College London
London SW7 2BU