The Problem With Efficiency as a Pervasive Principle in Business School Academia, and What a Sufficiency-Based Approach Can Do Better
(2026) In British Journal of Management- Abstract
- Efficiency is a pervasive yet insufficiently challenged managerial principle and an integral part of business school academia. However, while there is compelling evidence that efficiency gains can have severe undesirable social and ecological consequences that reduce overall welfare both in terms of well-being and natural resources, business school academsia remains ill-equipped to adequately understand the origins of these consequences. Furthermore, management education is limited in its critical thinking about potential alternative organizing principles to efficiency. In this conceptual paper, we mobilize literature from resource economics and the so-called ʻrebound effect' to show how and where efficiency can produce unintended harmful... (More)
- Efficiency is a pervasive yet insufficiently challenged managerial principle and an integral part of business school academia. However, while there is compelling evidence that efficiency gains can have severe undesirable social and ecological consequences that reduce overall welfare both in terms of well-being and natural resources, business school academsia remains ill-equipped to adequately understand the origins of these consequences. Furthermore, management education is limited in its critical thinking about potential alternative organizing principles to efficiency. In this conceptual paper, we mobilize literature from resource economics and the so-called ʻrebound effect' to show how and where efficiency can produce unintended harmful consequences. We illustrate this dynamic through two prominent cases where efficiency principles are particularly problematic: eco-efficiency and sustainability, as well as digitalization and artificial intelligence (AI). We then explore why efficiency continues to dominate business school academia despite its adverse effects, drawing on the notion of ignorance to explain how dynamics of segmentation, justification and valuation sustain its persistence. Finally, we use a performativity perspective to argue how a sufficiency-based approach as an alternative and complementary organizing principle can come into being to counter the dominance of efficiency. Our aim is to help reorient management education toward a more desirable, socially attuned and ecologically responsible future. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/032d79f0-9d4b-405e-bcb2-4551d57f39ef
- author
- Schaefer, Stephan LU and Wickert, Christopher
- organization
- publishing date
- 2026-05-19
- type
- Contribution to journal
- publication status
- epub
- subject
- in
- British Journal of Management
- publisher
- Wiley-Blackwell
- ISSN
- 1467-8551
- DOI
- 10.1111/1467-8551.70076
- language
- English
- LU publication?
- yes
- id
- 032d79f0-9d4b-405e-bcb2-4551d57f39ef
- date added to LUP
- 2026-05-20 10:04:24
- date last changed
- 2026-05-20 11:02:02
@article{032d79f0-9d4b-405e-bcb2-4551d57f39ef,
abstract = {{Efficiency is a pervasive yet insufficiently challenged managerial principle and an integral part of business school academia. However, while there is compelling evidence that efficiency gains can have severe undesirable social and ecological consequences that reduce overall welfare both in terms of well-being and natural resources, business school academsia remains ill-equipped to adequately understand the origins of these consequences. Furthermore, management education is limited in its critical thinking about potential alternative organizing principles to efficiency. In this conceptual paper, we mobilize literature from resource economics and the so-called ʻrebound effect' to show how and where efficiency can produce unintended harmful consequences. We illustrate this dynamic through two prominent cases where efficiency principles are particularly problematic: eco-efficiency and sustainability, as well as digitalization and artificial intelligence (AI). We then explore why efficiency continues to dominate business school academia despite its adverse effects, drawing on the notion of ignorance to explain how dynamics of segmentation, justification and valuation sustain its persistence. Finally, we use a performativity perspective to argue how a sufficiency-based approach as an alternative and complementary organizing principle can come into being to counter the dominance of efficiency. Our aim is to help reorient management education toward a more desirable, socially attuned and ecologically responsible future.}},
author = {{Schaefer, Stephan and Wickert, Christopher}},
issn = {{1467-8551}},
language = {{eng}},
month = {{05}},
publisher = {{Wiley-Blackwell}},
series = {{British Journal of Management}},
title = {{The Problem With Efficiency as a Pervasive Principle in Business School Academia, and What a Sufficiency-Based Approach Can Do Better}},
url = {{http://dx.doi.org/10.1111/1467-8551.70076}},
doi = {{10.1111/1467-8551.70076}},
year = {{2026}},
}