Dr Lite J Nartey, Visiting Professor of Strategy at INSEAD (Fontainebleau campus), France

By leveraging insights from stakeholder theory, we extend resource dependence theory (RDT) into the novel context of sustainable development (contextualised as large-scale development projects). We outline a stakeholder engagement problem that we argue centrally characterises sustainable development—that multiple and diverse stakeholders seek to create and capture joint public and private value over the short and long term by leveraging their diverse resources and differential power, which creates resource dependencies and power imbalances among them, limiting the broad value creation and capture possibilities they seek. As a solution, we propose that a central actor, an orchestrator, leverages its broad legitimacy and unique resources to address the resource dependencies and power imbalances among firms and stakeholders to create and equitably distribute joint value for favourable investing firm outcomes with sustainable development success. Our model is phenomenal theory leveraging an African extractive development project purely to contextualise the environment in which our model of orchestration is particularly applicable.

Speaker bio

Lite Nartey is a Visiting Professor of Strategy at INSEAD (Fontainebleau campus), in France. Leveraging her professional background in international development, her academic research seeks to demonstrate the business case for stakeholder engagement and the business case for international development. Her research focus on stakeholder engagement and management, examines the contingencies and dynamics at the nexus of the relationships among multinational firms, governments, and civil society actors, as well as the implications of these dynamics on both firm performance and societal value. Her research focus on development explores the role of multinational firms in the development of emerging markets, specifically Africa, and her work in this area seeks to draw strategic and policy implications. Her work has been published in the Strategic Management Journal, Administrative Science Quarterly and Strategy Science and has received numerous international academic awards and honours including the Ralph Gomory Best Industry Studies Paper Award, Best Conference Paper and Best Conference Paper Prize for Practice Implications at the Strategic Management Society.

She has worked in different capacities with multinational extractive companies in oil, gas and (gold) mining, in different parts of Africa, as well as with non-governmental organisations and with multilateral organisations, including the International Finance Corporation. More recently, she has worked with different organisations on banking and mobile money adoption in West Africa. She received her PhD in Management from The Wharton School, University of Pennsylvania. She also holds a MPA in Public and Nonprofit Management and Policy, with a focus on International Development, from the Robert Wagner School of Public Service, New York University, as well as a MSc in Management from The Wharton School. She was formerly on the faculty of the Sonoco International Business Department, Darla Moore School of Business, at the University of South Carolina. She is originally from Ghana.

 

House icon Address

Room S3.04 (Cambridge Judge Business School)
Trumpington St
Cambridge
CB2 1AG

Clock icon Date & time

Date: 8 December 2022
Start Time: 11:00
End Time: 12:30

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Open to: Members of the University of Cambridge

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Event location


Trumpington St
Cambridge
CB2 1AG

Event timings

Date: 8 December 2022
Start Time: 11:00
End Time: 12:30