The IfSTO would like to cordially invite you to the upcoming research talk by

Professor Donal CRILLY (London Business School)

Topic:TIME, SPACE AND INTERTEMPORAL CHOICE: WHY APPROACHING THE FUTURE MAKES FOR SHORT-TERM THINKING

Abstract (short):
When describing the future, corporate executives routinely draw analogies between time and space. They perceive the future as moving towards them (time-moving frame: “the deadline is approaching”) or, alternatively, they perceive themselves as moving towards the future (ego-moving frame: “we’re heading towards the deadline”). The physical realities of space and motion help executives to make sense of time, an abstract construct that cannot be experienced concretely. Building on evidence from cognitive science and linguistics, we argue that the time-moving frame makes future events appear proximate, whereas conceiving of the self as moving through time makes future events appear distant. In three studies, we show that ego-moving frames prompt a focus on the present and on strategic decisions that privilege short-term returns over long-term returns.

 

Time:  Thursday, 5^th November 2015 from 12:15 pm until 1:45 pm
Location: The talk will take at Seminar room 4.313 at Oskar-Morgenstern-Platz 1, 1090 Vienna.
For updates see: www.wu.ac.at/ifsto/speaker-series
If you are interested in attending the presentation, for planning purposes kindly confirm your interest to Elisabeth Brunner (elisabeth.brunner@wu.ac.at) by October 30^th, 2015.

The speaker series is hosted jointly by the Institute for Strategy, Technology and Organization (Christopher Lettl) and the Strategic Management Subject Area at the University of Vienna (Markus Reitzig). The series addresses topics at the interface of strategic management, innovation, technology, and organization design. Aim of the series is the facilitation of research dialogue within our department, boundary spanning to other WU departments, and the facilitation of networking with renowned scholars in the field. See http://www.wu.ac.at/ifsto/speaker-series/ for details on future talks (speakers, dates). The series is associated with the RESEARCH PROGRAM ON OPEN INNOVATION of the Institute for Strategy, Technology and Organization.

We are greatly looking forward to seeing you!