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Christian Busch (management scientist)

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Christian Busch
Born1984
Bergisch Gladbach
Alma materLondon School of Economics (M.Sc. 2009, Ph.D. 2014)
Scientific career
Fields
Institutions

Christian Busch (* 1984[1] in Bergisch Gladbach[2]) is a management scientist, author and public speaker recognized for his work on serendipity, innovation, and purpose-driven leadership.[3][4][5] He is a business professor at the University of Southern California (USC) Marshall School of Business and an affiliate researcher at the London School of Economics.[6][7]

Education

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Busch earned a Bachelor of Business Administration (B.B.A.) from Furtwangen University, and a Bachelor of Arts (B.A.) in Politics and Organization at the University of Hagen. He received his M.Sc. and Ph.D. degrees in management at the London School of Economics. [8]

Career and awards

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Busch serves as an Associate Professor of Clinical Management and Organization at the USC Marshall School of Business. Previously, he taught at the London School of Economics (LSE) and New York University (NYU), where he directed the Center for Global Affairs’ Global Economy Program. He co-founded the organizations Leaders on Purpose and Sandbox Network, and served as co-director of LSE’s Innovation Lab.[8]

He is a member of the Expert Forum of the World Economic Forum, a Fellow of the Royal Society of Arts,[9] among CAPITAL's ‘Top 40 under 40’[7] and on the Thinkers50 Radar list of management thinkers ‘most likely to shape the future’.[10]

Busch is also a ‘Subject Matter Expert’ of the Academy of Management.[11]

Research

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Busch’s research interests include:[8]

He has received multiple ‘Best Paper Awards’ from the Academy of Management,[12] as well as the Masini Award for Innovative Scholarship.[6] He serves on the Editorial Review Board of the Academy of Management Perspectives[13] and is a guest editor at the Strategic Management Journal for a special issue on ‘Serendipity, Chance, and Luck in Management and Strategy’.[14]

Busch has published several scientific papers on serendipity, conceptualizing it as “active luck”—the notion of actively making surprising and valuable discoveries. He identifies three key elements of serendipity that help distinguish it from related concepts: agency, surprise and value, and presents a multi-level model involving chance triggers, associations (creating new connections) and ‘materialization’ (realizing a specific possibility). Busch’s theory suggests that social actors have agency in creating serendipity: Like training ‘hard skills’ related to finance or engineering, it is possible to train serendipity-related skills such as alertness.[15][16]

Busch’s research is widely used in educational and professional development programs, including by the American Psychological Association and Harvard Business Review's Harvard ManageMentor.[17][18]

He has delivered multiple TEDx Talks on topics such as serendipity, innovation, and purpose-driven leadership.[19]

Works (selected)

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  • Busch, C. 2024. Towards a theory of serendipity: A systematic review and conceptualization. Journal of Management Studies, 61(3): 1110-1151.
  • Busch, C., & Mudida, R. 2024. Asserting and transcending ethnic homophily: How entrepreneurs develop social ties in socially contested environments to access resources and opportunities. Strategic Entrepreneurship Journal, 18: 229-257.
  • Busch, C., Cattani, G., Fang, C., & Rindova, V. 2024. Call for papers: Special issue on chance, luck, and serendipity in strategy and management. Strategic Management Journal.
  • Busch, C., & Grimes, M. 2023. Serendipity in entrepreneurship, strategy, and innovation. In: Copeland, S., Ross, W. & Sand, M. (Eds.), Serendipity Science: 69-100. London: Springer Nature.
  • Busch, C., & Barkema, H.G. 2022. Planned luck: How incubators can facilitate serendipity for nascent entrepreneurs through fostering network embeddedness. Entrepreneurship Theory & Practice, 46(4): 884-919.
  • Busch, C., & Hehenberger, L. 2022. How to evaluate the impact of corporate purpose. MIT Sloan Management Review, Fall Issue.
  • Busch, C., & Barkema, H.G. 2021. From necessity to opportunity: Scaling bricolage in resource-constrained environments. Strategic Management Journal, 42: 741-773.
  • Busch, C. 2020. The Serendipity Mindset. New York: Penguin Random House.
  • Busch, C. 2020. Toward an enlightened form of capitalism: The changing role of private organizations in the context of global affairs. In: * Ankersen, C., & Sidhu, W.P.S. (Eds.), The Future of Global Affairs: 97-122. New York: Palgrave Macmillan.
  • Busch, C. 2020. How to create your own career luck. Harvard Business Review Digital Articles (August 24, 2020).
  • Busch, C., & Barkema, H.G. 2019. Social entrepreneurs as network orchestrators: In: George, G., Tracey, P., Baker, T. & Havovi, J. (Eds.), Handbook of Inclusive Innovation: 464-486. London: Edward Elgar Publishing.

Author activity

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He is the bestselling author of THE SERENDIPITY MINDSET, a “wise, exciting, and life-changing book” (Arianna Huffington) that “offers excellent practical guidance for all” (Paul Polman, former CEO, Unilever).[6][20] As of August 2024, it has been translated into 12 languages.[21] This book was a finalist for the 2018 Financial Times / McKinsey Bracken Bower Prize for "best business book proposal of the year by a young writer".[22]

He contributes columns to Psychology Today[23] as well as Wirtschaftswoche.[24]

Private

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Busch is German, married to an US-American woman and has one daughter.[25]

References

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  1. ^ Busch, Christian at DNB
  2. ^ "Christian Busch". Author Website (German) (in German). Orell-Füssli. Retrieved 2024-08-09.
  3. ^ Caprino, Kathy. "A Science-Based Framework Helps Individuals And Organizations Experience More Good Luck". Forbes. Retrieved 2024-09-10.
  4. ^ Walker, Sharon (2020-09-13). "The 'serendipity mindset': how to make your own luck". The Guardian. ISSN 0261-3077. Retrieved 2024-09-10.
  5. ^ Busch, Christian (2020-09-17). "Why building a muscle for uncertainty is the most important thing you can do". Fast Company. Retrieved 2024-09-10.
  6. ^ a b c "Christian Busch". USC Marshall. Retrieved 2024-08-09.
  7. ^ a b London School of Economics and Political Science. "Dr Christian Busch". Retrieved 2024-08-11.
  8. ^ a b c Curriculum Vitae Christian Busch on uscmarshallweb
  9. ^ C. Busch, L. Milgrim: The art and science of creating ‘smart luck’ in an uncertain world RSA comment of 4 March 2024
  10. ^ "Thinkers50 Radar 2019". Retrieved 2024-09-07.
  11. ^ Academy of Management. "Subject Matter Experts: Christian Busch". Retrieved 2024-08-21.
  12. ^ Science, London School of Economics and Political. "Dr Christian Busch". London School of Economics and Political Science. Retrieved 2024-09-10.
  13. ^ "Perspectives Incoming Editorial Team". AOM_CMS. Retrieved 2024-09-10.
  14. ^ "SMJ Special Issues - SMS". strategicmanagement.net/. Retrieved 2024-09-10.
  15. ^ Busch, Christian (2024-05-01). "Towards a Theory of Serendipity: A Systematic Review and Conceptualization". Journal of Management Studies. 61 (3): 1110–1151. doi:10.1111/joms.12890. ISSN 0022-2380.
  16. ^ Feintzeig, Rachel (2023-11-12). "Some People Are Just Lucky. You Can Make Yourself One of Them". The Wallstreet Journal. Retrieved 2024-09-11.
  17. ^ Webinar Training Transforming Uncertainty into Opportunity auf pages.apa.prg
  18. ^ Harvard ManageMentor: Ethics at Work auf hbsp.harvard.edu
  19. ^ "christian busch | Search Results | TED". www.ted.com. Retrieved 2024-09-10.
  20. ^ Haden, Jeff (2020-09-28). "Entrepreneurs Like Richard Branson and Mark Cuban Embrace the Serendipity Mindset. You Should Too". Inc.com. Retrieved 2024-09-10.
  21. ^ Christian Busch auf curtisbrown.co.uk
  22. ^ "Bracken Bower Prize 2018: excerpts from finalists' proposals". Financial Times. 2018-11-07. Retrieved 2024-09-11.
  23. ^ "Christian Busch Ph.D. | Psychology Today". www.psychologytoday.com. Retrieved 2024-09-10.
  24. ^ "Christian Busch | Aktuelle Beiträge | WiWo". www.wiwo.de (in German). Retrieved 2024-09-10.
  25. ^ "Prof. Christian Busch | Wirtschaftswissenschaftler | So führt Zufall zum Erfolg" (in German). SWR. Retrieved 2024-08-11.
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