Management Department
Research & Faculty
Backgrounds in management, strategy, psychology, engineering, mathematics and computer science
The department focuses its research and teaching on managerial challenges and decision-making problems relevant to companies and other organizations in all sectors and industries. The department embraces a large array of research and teaching methodologies, and seeks to disseminate latest research to students, managers and policy makers. The department’s mission is to advance informed decision-making in practice and to build strong ties with industry partners.
EXPERTISE AREAS
Strategy & Organization
Advances understanding of competitive advantage through rigorous research and teaching.
- Specializes in organizing under uncertainty, managerial cognition, and organizational behaviors.
- Develops theories on resource allocation, organizational learning, and innovation incentivization.
- At the forefront of transitions to organizational experimentation and machine learning.
Technology & Operations
Focuses on the design, management, and evolution of operational and production systems across industries.
- Covers all stages of the value chain—including product/process development, procurement, production, distribution, and service delivery.
- Strives to enhance information and material flows and optimize global networks.
Marketing
Works on a wide range of topics, from quantitative modeling to experimental consumer behavior studies.
- Prioritizes understanding customers as central value drivers for firms.
- Their research assists firms in refining marketing strategies and also provides insights valuable to consumers and policymakers.
Data & Decision Sciences
Studies how computer science, machine learning, and game theory can improve managerial decisions.
- Emphasizes methods that effectively blend human intelligence with machine intelligence to surpass decisions made by either alone.
- Applications span from financial and social networks to geopolitical forecasting.
EXPERTISE AREAS
Strategy & Organization
Advances understanding of competitive advantage through rigorous research and teaching.
- Specializes in organizing under uncertainty, managerial cognition, and organizational behaviors.
- Develops theories on resource allocation, organizational learning, and innovation incentivization.
- At the forefront of transitions to organizational experimentation and machine learning.
Technology & Operations
Focuses on the design, management, and evolution of operational and production systems across industries.
- Covers all stages of the value chain—including product/process development, procurement, production, distribution, and service delivery.
- Strives to enhance information and material flows and optimize global networks.
Marketing
Works on a wide range of topics, from quantitative modeling to experimental consumer behavior studies.
- Prioritizes understanding customers as central value drivers for firms.
- Their research assists firms in refining marketing strategies and also provides insights valuable to consumers and policymakers.
Data & Decision Sciences
Studies how computer science, machine learning, and game theory can improve managerial decisions.
- Emphasizes methods that effectively blend human intelligence with machine intelligence to surpass decisions made by either alone.
- Applications span from financial and social networks to geopolitical forecasting.
EXPERTISE AREAS
Strategy & Organization
Advances understanding of competitive advantage through rigorous research and teaching.
- Specializes in organizing under uncertainty, managerial cognition, and organizational behaviors.
- Develops theories on resource allocation, organizational learning, and innovation incentivization.
- At the forefront of transitions to organizational experimentation and machine learning.
Technology & Operations
Focuses on the design, management, and evolution of operational and production systems across industries.
- Covers all stages of the value chain—including product/process development, procurement, production, distribution, and service delivery.
- Strives to enhance information and material flows and optimize global networks.
Marketing
Works on a wide range of topics, from quantitative modeling to experimental consumer behavior studies.
- Prioritizes understanding customers as central value drivers for firms.
- Their research assists firms in refining marketing strategies and also provides insights valuable to consumers and policymakers.
Data & Decision Sciences
Studies how computer science, machine learning, and game theory can improve managerial decisions.
- Emphasizes methods that effectively blend human intelligence with machine intelligence to surpass decisions made by either alone.
- Applications span from financial and social networks to geopolitical forecasting.
HEAD OF MANAGEMENT DEPARTMENT
Thorbjørn Knudsen
Professor of Strategic Organisation
+49 69 154008 754
t.knudsen@fs.de
Faculty
Meet the Management Department
Ihre Ergebnisse
Doctoral Students
Mahsa Faridmehr
Doctoral Student
Management department
Mohammad Hasan Mazar Atabaki
Doctoral Student
Management department
Mohsen Moradian
Doctoral student
Management department
Affiliated Department Members
Prof. Dr.
Erich Barthel
Professor of Corporate Culture & Leadership (Emeritus)
Management department
Prof. Dr.
Jürgen Moormann
Professor of Bank and Process Management (Emeritus)
Management department
Prof. Dr.
Jörg Schlüchtermann
Visiting Professor for Hospital & Health Care Management
Management department
Prof. Dr.
Udo Steffens
Professor of Business Administration (Emeritus)
Management department
Academic Programmes
Explore academic programmes offered by faculty from the Management Department.
Master in Management
4 Semester
Vollzeit
Englisch
Doctoral (Management)
5 Years
Vollzeit
Englisch
Research Centres
Blockchain Center
The Frankfurt School Blockchain Center (FSBC) is a think tank and research hub that develops blockchain applications, educates professionals, and connects industry, academia, and startups on topics like crypto assets, tokenization, DeFi, and digital currencies.
Institute for International Health Management
The Institute for International Health Management (IIHM) is a leading centre for research and education on global healthcare systems and management, offering an MBA in International Healthcare Management and close links to industry practice.
Research Centres
Blockchain Center
The Frankfurt School Blockchain Center (FSBC) is a think tank and research hub that develops blockchain applications, educates professionals, and connects industry, academia, and startups on topics like crypto assets, tokenization, DeFi, and digital currencies.
Institute for International Health Management
The Institute for International Health Management (IIHM) is a leading centre for research and education on global healthcare systems and management, offering an MBA in International Healthcare Management and close links to industry practice.
Research Centres
Blockchain Center
The Frankfurt School Blockchain Center (FSBC) is a think tank and research hub that develops blockchain applications, educates professionals, and connects industry, academia, and startups on topics like crypto assets, tokenization, DeFi, and digital currencies.
Institute for International Health Management
The Institute for International Health Management (IIHM) is a leading centre for research and education on global healthcare systems and management, offering an MBA in International Healthcare Management and close links to industry practice.
Selected Publications
- Klingebiel, R., Joseph, J., Machoba, V., 2022. Sequencing innovation rollout: Learning opportunity versus entry speed, Strategic Management Journal, pp. 1-30.
- Billinger, S., Srikanth, K., Stieglitz, N., Schumacher, T., 2021. Exploration and exploitation in complex search tasks: How feedback influences whether and where human agents search, Strategic Management Journal.
- Chen, Z., Mihm, J., Schlapp, J., 2021. Sourcing Innovation: Integrated System or Individual Components?, Manufacturing and Service Operations Management Vol. 24(2), S. 1056-1073.
- Christensen, M., Dahl, C., Knudsen, T., Wargelien, M., 2021. Bias and Discrimination in Organizational Decisions: An Experimental Study of Endogenous Adaption, Organization Science, pp. 1-19.
- Christensen, M., Dahl, C., Knudsen, T., Warglien, M., 2021. Context and Aggregation: An Experimental Study of Bias and Discrimination in Organizational Decisions, Organization Science, S. 1-19.
- Giustiziero, G., Kretschmer, T., Somaya, D., Wu, B., 2021. Hyperspecialization and Hyperscaling: A Resource-Based Theory of the Digital Firm, Strategic Management Journal.
- Goldschmidt, K., Kremer, M., Thomas, D., Craighead, C., 2021. Strategic Sourcing Under Severe Disruption Risk: Learning Failures and Under-Diversification Bias, Manufacturing and Service Operations Management Vol. 23(4), S. 745-1004.
- Jussupow, E., Spohrer, K., Heinzl, A., Gawlitza, J., 2021. Augmenting Medical Diagnosis Decisions? An Investigation into Physicians' Decision Making Process with Artificial Intelligence, Information Systems Research Vol. 32(3), S. 713-735.
- Keil, T., Lavie, D., Pavicevic, S., 2021. When do Outside CEOs Underperform?: From CEO-centric to Stakeholder-centric Perspective on Post-Succession Performance, Academy of Management Journal.
- Levinthal, D., Rerup, C., 2021. The plural of goal: Learning in a world of ambiguity, Organization Science Vol. 32(3), S. 527-543.
- Leyer, M., Reus, M., Moormann, J., 2021. How satisfied are employees with lean environments?, Production Planning and Control Vol. 32(1), pp. 52-62.
- Pavicevic, S., Keil, T., 2021. The Role of Procedural Rationality in Debiasing Acquisition Decisions of Overconfident CEOs, Strategic Management Journal Vol. 42(9), S. 1696-1715.
- Atalay, S., Meloy, M., 2020. Improving Evacuation Compliance through Control: Implications for Emergency Management Policy and Disaster Communications, Journal of Nonprofit and Public Sector Marketing Vol. 32(3), pp. 1-15.
- Atanasov, P., Witkowski, J., Ungar, L., Mellers, B., Tetlock, P., 2020. Small Steps to Accuracy: Incremental Belief Updaters Are Better Forecasters, Organizational Behavior and Human Decision Processes Vol. 160, pp. 19-35.
- Beck, J., Rahinel, R., Bleier, A., 2020. Company Worth Keeping: Personal Control and Preferences for Brand Leaders, Journal of Consumer Research Vol. 46(5), pp. 871-886.
- Blaseg, D., Schulze, C., Skiera, B., 2020. Consumer Protection on Kickstarter, Marketing Science Vol. 39(1), pp. 211-233.
- Bleier, A., Goldfarb, A., Tucker, C., 2020. Consumer Privacy and the Future of Data-Based Innovation and Marketing, International Journal of Research in Marketing Vol. 37(3), pp. 466-480.
- Chattopadhyay, P., George, E., Li, J., Gupta, V., 2020. Geographical Dissimilarity and Team Member Influence: Do Emotions Experienced in the Initial Team Meeting Matter?, Academy of Management Journal Vol. 63(6), 1807–1839.
- Christensen, M., Knudsen, T., Nash, U., Stieglitz, N., 2020. Industry competition and firm conduct: Joint determinants of risk-return relations, Strategic Management Journal Vol. 41(12), S. 2315-2338.
- Fan, J., Meng, J., Liu, Y., Saberi, A., Kurths, J., Nagler, J., 2020. Universal gap scaling in percolation, Nature Physics.
- Giustiziero, G., 2020. Is the Division of Labor limited by the Extent of the Market? Opportunity Cost Theory with Evidence from the Real Estate Brokerage Industry, Strategic Management Journal.
- Klingebiel, R., Rammer, C., 2020. Optionality and selectiveness in innovation, Academy of Management Discoveries.
- Klingebiel, R., Esser, P., 2020. Stage-Gate Escalation, Strategy Science Vol. 5(4), pp. 311-329.
- Kosyakova, T., Otter, T., Misra, S., Neuerburg, C., 2020. Exact MCMC for Choices from Menus - Measuring Substitution and Complementarity among Menu Items, Marketing Science.
- Roßbach, P., 2020. Interpretation von Machine-Learning-Modellen, Banking and Information Technology (BIT) Bd. 21(1), pp. 13-21.
- Sohl, T., Vroom, G., Fitza, M., 2020. How much does business model matter for firm performance?: a variance decomposition analysis, Academy of Management Discoveries.
- Vendelo, M., Rerup, C., 2020. Collective mindfulness in a regenerating organization: Ethnographic evidence from Roskilde festival, Safety Science Vol. 123 (Article-No. 104537).
- Wolters, H., Schulze, C., Gedenk, K., 2020. Referral Reward Size and New Customer Profitability, Marketing Science.
- Giustiziero, G., Kaul, A., Wu, X., 2019. The dynamics of learning and competition in Schumpeterian environments, Organization Science Vol. 30(4), pp. 647-867.
- Mihm, J., Schlapp, J., 2019. Sourcing Innovation: on Feedback in Contests, Management Science Vol. 65(2), pp. 559-576.
- Welch, X., Pavicevic, S., Keil, T., Lamaanen, T., 2019. The pre-deal phase of mergers and acquisitions: a review and research agenda, Journal of Management.
- Baumann, O., Eggers, J., Stieglitz, N., 2019. Colleagues and Competitors: How Internal Social Comparisons Shape Organizational Search and Adaptation, Administrative Science Quarterly Vol. 64(2), S. 275-309.
- Maslach, D., Branzei, O., Rerup, C., Zbaracki, M., 2018. Noise as signal in learning from rare events, Organization Science Vol. 29(2), S. 225-246.
- Salvato, C., Rerup, C., 2018. Routine regulation: Balancing conflicting goals in organizational routines, Administrative Science Quarterly Vol. 63(1), S. 170-209.
- Fitza, M., 2017. How much do CEOs really matter?: Reaffirming that the CEO effect is mostly due to chance, Strategic Management Journal Vol. 38(3), pp. 802-811.
- Hayward, M., Fitza, M., 2017. Pseudo-Precision?: Precise Forecasts and Impression Management in Managerial Earnings Forecasts, Academy of Management Journal Vol. 60(3), S. 1094-1116.
- Kremer, M., Mantin, B., Ovchinnikov, A., 2017. Dynamic Pricing in the Presence of Myopic and Strategic Consumers: Theory and Experiment, Production and Operations Management Vol. 26(1), pp. 116-133.
- Tihanyi, L., Fitza, M., 2017. How much does ownership form matter?, Strategic Management Journal Vol. 38(13), S. 2726-2743.
- Withers, M., Fitza, M., 2017. Do board chairs matter?: The influence of board chairs on firm performance, Strategic Management Journal Vol. 38(6), pp. 1343-1355.
- Joseph, J., Klingebiel, R., & Wilson, A. J., 2016. Organizational Structure and Performance Feedback: Centralization, Aspirations, and Termination Decisions, Organization Science Vol. 27(5), 1065-1083.
- Klingebiel, R., Joseph, J., 2016. Entry timing and innovation strategy in feature phones, Strategic Management Journal Vol. 37(6), pp. 1002-1020.
- Kremer, M., Debo, L., 2016. Inferring Quality from Wait Time, Management Science Vol. 62(10), 3023-3038.
- Kremer, M., Siemsen, E., Thomas, D. J., 2016. The Sum and Its Parts: Judgmental Hierarchical Forecasting, Management Science Vol. 62(9), 2745-2764.
- Stieglitz, N., Knudsen, T., Becker, M. C., 2016. Adaptation and inertia in dynamic environments, Strategic Management Journal Vol. 37(9), 1854-1864.
- Strike, V., Rerup, C., 2016. Mediated Sensemaking, Academy of Management Journal Vol. 59(3), pp. 880-905.
- Wal, A. L., Alexy, O., Block, J., Sandner, P. G., 2016. The Best of Both Worlds, Administrative Science Quarterly Vol. 61(3), 393-432.
- Claussen, J., Kretschmer, T., Stieglitz, N., 2015. Vertical Scope, Turbulence, and the Benefits of Commitment and Flexibility, Management Science Vol. 61(4), 915-929.
- Homburg, C., Ehm, L., Artz, M., 2015. Measuring and Managing Consumer Sentiment in an Online Community Environment, Journal of Marketing Research Vol. 52(5), 629-641.
- Abbey, J. D., Meloy, M. G., Guide, V. D., Atalay, S., 2014. Remanufactured Products in Closed-Loop Supply Chains for Consumer Goods, Production and Operations Management Vol. 24(3), 488-503.
- Billinger, S., Stieglitz, N., Schumacher, T. R., 2014. Search on Rugged Landscapes: An Experimental Study, Organization Science Vol. 25(1), 93-108.
- Homburg, C., Hahn, A., Bornemann, T., Sandner, P. G., 2014. The Role of Chief Marketing Officers for Venture Capital Funding: Endowing New Ventures with Marketing Legitimacy, Journal of Marketing Research Vol. 51(5), 625-644.
- Klingebiel, R., Adner, R., 2014. Real Options Logic Revisited: The Performance Effects of Alternative Resource Allocation Regimes, Academy of Management Journal Vol. 58(1), 221-241.
- Kremer, M., Wassenhove, L. N., 2014. Willingness to Pay for Shifting Inventory Risk: The Role of Contractual Form, Production and Operations Management Vol. 23(2), 239-252.
- Palley, A. B., Kremer, M., 2014. Sequential Search and Learning from Rank Feedback: Theory and Experimental Evidence, Management Science Vol. 60(10), 2525-2542.
- Schulze, C., Schöler, L., Skiera, B., 2014. Not All Fun and Games: Viral Marketing for Utilitarian Products, Journal of Marketing Vol. 78(1), 1-19.
- Baumann, O., Stieglitz, N., 2013. Rewarding value-creating ideas in organizations: The power of low-powered incentives, Strategic Management Journal Vol. 35(3), 358-375.
- Fitza, M. A., 2013. The use of variance decomposition in the investigation of CEO effects: How large must the CEO effect be to rule out chance?, Strategic Management Journal Vol. 35(12), 1839-1852.
- Klingebiel, R., Meyer, A. D., 2013. Becoming Aware of the Unknown: Decision Making During the Implementation of a Strategic Initiative, Organization Science Vol. 24(1), 133-153.
- Klingebiel, R., Rammer, C., 2013. Resource allocation strategy for innovation portfolio management, Strategic Management Journal Vol. 35(2), 246-268.
- Kremer, M., Minner, S., Wassenhove, L. N., 2013. On the Preference to Avoid Ex Post Inventory Errors, Production and Operations Management Vol. 23(5), 773-787.
- Moritz, B., Siemsen, E., Kremer, M., 2013. Judgmental Forecasting: Cognitive Reflection and Decision Speed, Production and Operations Management Vol. 23(7), 1146-1160.
- Artz, M., C. H., Wieseke, J., 2012. Marketing Performance Measurement Systems, Journal of Marketing Vol. 76(3), 56-77.
- Atalay, A. S., Bodur, H. O., Rasolofoarison, D., 2012. Shining in the Center: Central Gaze Cascade Effect on Product Choice, Journal of Consumer Research Vol. 39(4), 848-866.
- Ma, X., Tong, T. W., Fitza, M., 2012. How much does subnational region matter to foreign subsidiary performance? Evidence from Fortune Global 500 Corporations’ investment in China, Journal of International Business Studies Vol. 44(1), 66-87.
- Schulze, C., Skiera, B., Wiesel, T., 2012. Linking Customer and Financial Metrics to Shareholder Value: The Leverage Effect in Customer-Based Valuation, Journal of Marketing Vol. 76(2), 17-32.
- Kremer, M., Moritz, B., Siemsen, E., 2011. Demand Forecasting Behavior: System Neglect and Change Detection, Management Science Vol. 57(10), 1827-1843.
- Matusik, S. F., Fitza, M. A., 2011. Diversification in the venture capital industry: leveraging knowledge under uncertainty, Strategic Management Journal Vol. 33(4), 407-426.
