Turning Systemic Vulnerabilities into Strategic Opportunities: A Research Proposal for Societal Grand Challenges

Accepted to be presented at SMS Palermo Conference, 21-23 May 2025, University of Rome, LUMSA Palermo Campus

14 Pages Posted: 14 Feb 2025 Last revised: 20 Feb 2025

See all articles by Steph Sharma

Steph Sharma

Arthur D. Little Inc. - Hult International Business School

Joachim Layes

Arthur D. Little Inc. - Hult International Business School

Yusaf H. Akbar

Central European University

Mark Esposito

Harvard University; Arthur D. Little Inc. - Hult International Business School

Date Written: January 15, 2025

Abstract

This research proposal develops the Adaptive Effectuation for Societal Impact (AESI) framework,
integrating effectuation theory, complexity science, and artificial intelligence (AI) to address societal
grand challenges (SGCs). The proposed study employs a mixed methods approach to explore how
organizations can operationalize AESI to navigate systemic risks and enhance adaptive capacity.
Through qualitative interviews, focus groups, and document analysis, alongside quantitative surveys and structural equation modeling, the research proposes to validate the framework’s theoretical underpinnings and practical relevance. This proposal seeks to contribute novel insights into strategic intelligence, stakeholder engagement, and AI-enabled decision-making, offering a robust foundation for addressing the complexities of SGCs with resilience and sustainability.

Keywords: Effectuation, Artificial Intelligence, Societal Impact, Complexity Science

Suggested Citation

Sharma, Steph and Layes, Joachim and Akbar, Yusaf H. and Esposito, Mark, Turning Systemic Vulnerabilities into Strategic Opportunities: A Research Proposal for Societal Grand Challenges (January 15, 2025). Accepted to be presented at SMS Palermo Conference, 21-23 May 2025, University of Rome, LUMSA Palermo Campus , Available at SSRN: https://ssrn.com/abstract=5129751 or http://dx.doi.org/10.2139/ssrn.5129751

Steph Sharma (Contact Author)

Arthur D. Little Inc. - Hult International Business School ( email )

Hult Center
1 Education Street
Boston, MA 02141
United States
2066436642 (Phone)

Joachim Layes

Arthur D. Little Inc. - Hult International Business School ( email )

Yusaf H. Akbar

Central European University ( email )

Mark Esposito

Harvard University ( email )

1875 Cambridge Street
Cambridge, MA 02138
United States

Arthur D. Little Inc. - Hult International Business School ( email )

1355 Sansome Street
San Francisco, CA 94111
United States

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