Prof. Dr. Dr.

Tomi Laamanen

Professor of Strategic Management

Tomi Laamanen is chair holder and professor of strategic management, and Executive Director of the Institute of Management & Strategy (IoMS) at the University of St. Gallen. Tomi Laamanen holds PhDs in Finance and Strategy and until his appointment at the HSG in 2011, he served as Managing Director of the Strategy Institute of Aalto University in Finland and was a visiting professor at St.Petersburg State University. Tomi is Academic Director of the Master Program in Strategy and International Management (SIM) and of the PhD Program in General Management. He is a board member and treasurer of the Strategic Management Society, editor-in-chief of the Long Range Planning journal and editorial board member of many other journals. Being a member of the supervisory board and strategy consultant, he cooperates with international companies in various industries.

Head of Competence Centers

Member of Competence Centers

Global and Corporate Strategy

About

Prof. Dr. Dr. Tomi Laamanen

Tomi Laamanen is chair holder and professor of Strategic Management, Executive Director of the Institute of Management & Strategy (IoMS), Director of the PhD Program in General Management and Academic Director of the Master Program in Strategy and International Management (SIM) at the University of St. Gallen. Previously, he was Professor of Strategic Management and Director of the Institute of Strategy at Aalto University (1997-2011), Dean of the Faculty of Management (TKK, Tuotantotalous) (2001-2002) and visiting professor at the University of St. Gallen and the Graduate School of Management (GSOM) of St.Petersburg State University (2011-2013). Tomi Laamanen holds doctoral degrees in strategy and finance.

Tomi Laamanen conducts research in the field of strategic management. Special emphasis is placed on mergers and acquisitions, particularly on acquisition programs and series buyer and strategy processes, managerial cognition and capability dynamics. Professor Laamanen’s works were published in leading international journals like the Strategic Management Journal, the Journal of Management, the Journal of International Business Studies, the Journal of Management Studies, the Academy of Management Learning and Education, the Research Policy, the Long Range Planning and the Journal of Business Finance and Accounting, Strategic Organization and Harvard Business Review.

Tomi Laamanen is Editor-in-Chief of Long Range Planning (2016–present), former Associate Editor of the Strategic Management Journal (2009-2015) and a member of editorial boards of the Academy of Management Journal, the Academy of Management Discoveries, the Journal of Management and the Strategic Management Journal. He also initiated and edited three special editions; on “Strategy Processes and Practices” in the Strategic Management Journal (2018), on “Business Models, Ecosystems, and Society in the Sharing Economy” at the Academy of Management Discoveries (2018), and on “Dispersion of Corporate Headquarters in Contemporary Firms” in the Journal of Management Studies (2017).

As for strategic consulting, Professor Laamanen worked with companies of various industries as chairman, board member, consultant or strategy coach. He was chairman of five companies, including the listed SSH Communications Security Corporation (2002-2009: NASDAQ: SSH) and a board member in five other companies, including Helsinki’s second largest retail bank. Among the companies he worked with are ABB, Aldata Solution Oyj, Alma Media Oyj, Audi AG, Cable & Wireless Plc, Credit Suisse AG, Deltagon Oy, Electrobit Oyj, Elisa Oyj, Eltel Oy, Emtele Oy , Fortum Oyj, Fresenius SE, Forbo AG, Halton Oy, Helsingin OP Pankki Oyj, Honkarakenne Oyj, KPMG Finland and Switzerland, Kesko Oyj, Lemminkäinen Oyj, LähiTapiola, Metso Oyj, Nokia Oyj, Nokia Siemens Networks, Orion Oyj, Ponsse Oyj, Pöyry Oyj, Sanoma Oyj, SSH Communications Security, Teliasonera Oyj, TÜV-SÜD AG, UPM Kymmene Oyj, Wärtsilä Oyj and YIT Oyj.

Particular focus in his applied research was on the Swiss private banking industry. Cooperation with KPMG resulted in seven studies that documented the state of private banking in Switzerland.

Tomi Laamanen is a member of the senior management, a Board Member and Treasurer of the Strategic Management Society. He led two special conferences of the Strategic Management Society (in Lapland and St. Gallen), managed the Strategy Research Fund (SRF), the Strategy Process Interest Group of the Strategic Management Society, and the Strategic Activities and Practices (SAP) Interest Group of the Academy of Management. He is also former Chairman of the Strategic Management Interest Group of the European Academy of Management (2013-2017).

CV & Awards

Education

Degree	University
Ph.D. in finance	School of Economics & Business, Aalto University, Finland
Ph.D. in strategy	School of Science, Department of Management, Aalto University, Finland
M.Sc. in finance	School of Economics & Business, Aalto University, Finland
M.Sc. in strategy	School of Science, Department of Management, Aalto University, Finland

Work experience

Year	Position	University
2011-2013	Visiting Professor	St. Petersburg State University, Russia
1997-2011	Director of the Institute of Management	Aalto University, Finland
1997-2011	Professor of the Institute for Strategic Management	Aalto University, Finland
2001-2002	Head of Management Department	Aalto University, Finland

Awards

Award	Awarding organization
Distinguished Service Award for the role as the chair of the Strategic Management Interest Group	European Academy of Management
Distinguished Service Award at the Strategic Management Society	Strategic Process Interest Group
Distinguished Service Award for the role as the chair of the Strategizing Activities and Practices Interest Group	Academy of Management
Best Teacher Award of the year	Aalto Executive Education
Best Teacher Award of the year	Department of Industrial Management of the Aalto School of Science of Aalto University
Outstanding Reviewer Awards. Managerial and Organizational Cognition division, the Business Policy and Strategy division, and the Organizational and Management Theory division in multiple years.	Academy of Management
Best Paper Runner-Up at the Strategic Management Society Conference	Strategic Management Society
Co-Author of several Strategic Management Society PhD Student Best Paper Awards	Strategic Management Society

Publications

Articles in Journals

Burgelman, Robert, A.; Floyd, Steven; Laamanen, Tomi; Mantere, Saku; Vaara, Eero and Whittington, Richard (2018) Strategy processes and practices: Dialogues and intersection. Strategic Management Journal, 39 (3). 531-558. ISSN 0143-2095
Ocasio, William; Laamanen, Tomi and Vaara, Eero (2018) Communication and attention dynamics: An attention-based view of strategic change. Strategic Management Journal, 39 (1). 155-167. ISSN 0143-2095
Bertrand, Olivier; Betschinger, Marie-Ann and Laamanen, Tomi (2018) Effects of subnational regional corruption on growth strategies in emerging economies: Evidence from Russian domestic and international MandA activity. Global Strategy Journal, Forthcoming (Forthcoming). ISSN 2042-5791
Laamanen, Tomi; Maula, Markku; Kajanto, Markus and Kunnas, Peter (2018) The role of cognitive load in effective strategic issue management. Long Range Planning, Forthcoming ISSN 0024-6301
Nell, Phillip; Kappen, Philip and Laamanen, Tomi (2017) Reconceptualising Hierarchies: The Disaggregation and Dispersion of Headquarters in Multinational Corporations. Journal of Management Studies, 54 (8). 1121-1143.
Laamanen, Tomi (2017) Reflecting on the past 50 years of Long Range Planning and a research agenda for the next 50. Long Range Planning, 50 (1). 1-7. ISSN 0024-6301
Laamanen, Tomi; Lamberg, Juha-Antti and Vaara, Eero (2016) Explanations of Success and Failure in Management Learning: What Can We Learn From Nokia’s Rise and Fall? Academy of Learning and Education, 15 (1). 2-25.
Heimeriks, K.; Bingham, C. and Laamanen, Tomi (2015) Unveiling the Temporally Contingent Role of Codification in Alliance Success. Strategic Management Journal, 36 (3). 462-473. ISSN 0143-2095
Brauer, Matthias and Laamanen, Tomi (2014) Workforce Downsizing and Firm Performance: An Organizational Routine Perspective. Journal of Management Studies, 51 (8). 1311-1333. ISSN 0022-2380
Laamanen, Tomi; Brauer, Matthias and Junna, Olli (2014) Performance of acquirers of divested assets: Evidence from the U.S. software industry. Strategic Management Journal, 35 (6). 914-925. ISSN 0143-2095
Laamanen, Tomi (2013) Is A Counterattack The Best Defense? Competitive Dynamics Through Acquisitions. Long Range Planning, 46 (3). 195-215. ISSN 0024-6301
Laamanen, Tomi; Torstila, Sami and Simula, Tatu (2012) Cross-border relocations of headquarters in Europe. Journal of International Business Studies, 2012 (43). 187-210. ISSN 0047-2506
Keil, Thomas and Laamanen, Tomi (2011) When Rivals Merge, Think Before You Follow Suit. Harvard Business Review, 89 (12). 25-27. ISSN 0017-8012
Deutsch, Yuval; Keil, Thomas and Laamanen, Tomi (2011) A Dual Agency View of Board Compensation: The Joint Effects of Outside Director and CEO Stock Options on Firm Risk. Strategic Management Journal, 32 (2). 212-227. ISSN 0143-2095
Laamanen, Tomi and Wallin, Johan (2009) Cognitive Dynamics of Capability Development Paths. Journal of management studies : JMS, 46 (6). 950-981. ISSN 0022-2380
Kallunki, Juha-Pekka; Lämpsä, Elina and Laamanen, Tomi (2009) Stock Market Valuation, Profitability and RandD Spending of the Firm: The Effect of Technology Mergers and Acquisitions. Journal of Business Finance and Accounting, 36 (7-8). 838-862. ISSN 0306-686X
Sillanpää, Antti and Laamanen, Tomi (2009) Positive and negative feedback effects in competition for dominance of network business systems. Research Policy, 38 (5). 871-884. ISSN 0048-7333
Laamanen, Tomi and Keil, Thomas (2008) Performance of serial acquirers: Toward an acquisition program perspective. Strategic Management Journal, 29 (6). 663-672. ISSN 0143-2095
Laamanen, Tomi (2007) On the Role of Acquisition Premium in Acquisition Research. Strategic Management Journal, 28 (13). 1359-1369. ISSN 0143-2095
Deutsch, Yuval; Keil, Thomas and Laamanen, Tomi (2007) Decision-Making in Acquisitions: The Effect of Outside Directors’ Compensation on Acquisition Patterns. Journal of Management, 33 (1). 30-56. ISSN 0149-2063
Schildt, Henri and Laamanen, Tomi (2006) Who buys whom: information environments and organizational boundary spanning through acquisitions. Strategic Organization, 4 (2). 111-133. ISSN 1476-1270
Laamanen, Tomi (2005) Dependency, Resource Depth, and Supplier Performance During Industry Downturn. Research Policy, 34 (2). 125-140. ISSN 0048-7333

Book sections

Laamanen, Tomi; Reuter, Emmanuelle; Schimmer, Markus; Ueberbacher, Florian and Welch Guerra, Xena: Quantitative methods in Strategy-as-Practice Research. In Golsorkhi, Damon; Rouleau, Linda; Seidl, David and Vaara, Eero (ed.): The Cambridge Handbook of Strategy as Practice. Cambridge : Cambridge Univ. Pr, 2015, S. 520-546.
Teerikangas, Satu and Laamanen, Tomi (2014), Structure First! Temporal Dynamics of Structural and Cultural Integration in Cross-Border Acquisitions, in Sydney Finkelstein , Cary L. Cooper (ed.) Advances in Mergers and Acquisitions Emerald Group Publishing Limited, pp.109 – 152
Keil, Thomas; Laamanen, Tomi and Mäkisalo, Aino: Acquisitions, Acquisition Programs and Acquisition Capabilities. In Faulkner, David; Teerikangas, Satu and Joseph, Richard J. (ed.): The handbook of mergers and acquisitions. Oxford : Oxford University Press, 2012, S. 148-167.
Schildt, Henri; Laamanen, Tomi and Keil, Thomas: Mergers and Acquisitions as a Response to Intra-Industry Dependence. In Finkelstein, Sydney and Cooper, Cary L. (ed.): Advances in Mergers and Acquisitions. United Kingdom : Emerald, 2010, S. 105-133.

Other publications

Girisch, Andreas. WelchGuerra, Xena., Laamanen, Tomi. Van den Boom, Anderas., Samanta, Anna., Fayddoul, Kristina. (2017). Value Capture: Unlocking the full Potential of MandA. Deloitte, Switzerland. A joint Study by Deloitte and the University of St.Gallen.
WelchGuerra, Xena., Laamanaen, Tomi., Samanta, Anna., Koller, Stefan. 2015. Serial Acquirers: Getting your ducks in a row. Deloitte, Switzerland. A joint Study by Deloitte and the University of St.Gallen.
Laamanen, Tomi; Reuter, Emmanuelle and Steiger, Fabio: Turning regulation into value. Zürich : KPMG AG Schweiz, 2015.
Laamanen, Tomi; Schimmer, Markus and Reuter, Emmanuelle: Strategischer Wandel im Schweizer Private Banking : Eine Transformation im Zeitraffer. In: Swiss Financial Services Newsletter (2013), 1, S. 4-7.
Hintermann, Christian; Kühne, Ivan; Laamanen, Tomi and Schimmer, Markus: Performance der Schweizer Privatbanken 2013 : Stabilisierung auf tiefem Niveau. Zurich : KPMG Switzerland, 2013.
Laamanen, Tomi; Schimmer, Markus and Reuter, Emmanuelle: Private Banking Survey 2013: Success Through Innovation : Achieving Sustainability and Client-Centricity in Swiss Private Banking. KPMG Switzerland, 2013.
Laamanen, Tomi; Schimmer, Markus and Reuter, Emmanuelle: Performance der Schweizer Privatbanken 2012 : Eine Branche im Wandel. Zürich : KPMG, 2012.
Laamanen, Tomi; Reuter, Emmanuelle and Sputtek, Rebekka: Performance through focus: Seizing the global private banking opportunity; Joint Publication of KPMG and University of St. Gallen. HSG and KPMG (Switzerland), 2012.