Research Interests: decision making under uncertainty, organizational learning and knowledge management, business responses to natural disasters, competitive advantages and non-market responses, systemic risk and market strategy, private provision of collective goods
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I am interested in organizational decision-making under high uncertainty. And I mean the contexts of high-magnitude, low-probability shocks that disrupt the status quo in market systems, such as natural disasters. I argue that high-stake decisions that affect significantly the availability of rents and market competition often occur during these time intervals. I am also fascinated by the role of business organizations' responses in contributing to collective goods and their impact in economic redistribution.
Currently, I am focused on three lines of research: how firm-market linkages affect decision-making under high uncertainty, how organizations overcome information scarcity during such time spans, and how the characteristics of the organizational decision and the institutional context drive firm performance.
The studies associated with such lines of research investigate the role of the degree of dependency of the firm in a specific market to predict provision of collective goods (or pro-social behavior); the drivers of organizational imitation during high uncertainty; and the economic efficiency of leading versus imitating in the contexts of systemic shocks. More information on these studies can be found in Research.
Luis Ballesteros, Michael Useem, "How They Did It (Private Giving, Insurance Payouts for Recovery, Execution and Expectations". In Leadership Dispatches: Chile's Extraordinary Comeback from Disaster, edited by Michael Useem, Howard Kunreuther, (2015), 47 - 165.
Ballesteros, Luis, “Financing Catastrophe Relief and Recovery in Developing Countries. Are Global Financial Markets the Answer? The Case of Haiti,” The World Bank, 2010. Description
Awards And Honors
- Penn Lauder CIBER Grant, 2013
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MGMT101 - Introduction To Management
This course is an introduction to the critical management skills involved in planning, structuring, controlling and leading an organization. It provides a framework for understanding issues involved in both managing and being managed, and it will help you to be a more effective contributor to organizations that you join. We develop a "systems" view of organizations, which means that we examine organizations as part of a context, including but not limited to environment, strategy, structure, culture, tasks, people and outputs. We consider how managerial decisions made in any one of these domains affect decisions in each of the others.