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 Spring 2025  Volume 67 • Issue 3

Managing Megaprojects

Our spring issue features a special section on megaprojects, large-scale infrastructure investments that present distinctive management challenges

Table of Contents

Shareholder Engagement
This introduction presents a 2 × 2 framework categorizing megaproject governance based on legal mandates for stakeholder inclusion and the degree of shareholder-centric investment decisions.
In-Depth   01 May 2025 Nuno Gil and Sara Beckman

Transportation
This article leverages an in-depth case study of Sweden’s High-Capacity Transport program to develop a process model that demonstrates how three interconnected value pathways enhanced collective value creation.
In-Depth   01 May 2025 Ermal Hetemi, Jonas Söderlund, Sofia Pemsel, and Anna Jerbrant

Sustainability
An extended net present value that includes societal real options can assess the value of phasing in renewables and phasing out fossil fuels.
In-Depth   01 May 2025 Han Smit

International Partnerships
How can public, private, and nonprofit actors collaborate to address today's deepest problems?
In-Depth   01 May 2025 Nuno A. Gil, Sara Beckman, Felipe Massa, Cristina Sousa, and Özge Kutun

Project Management
To better track risk propagation within major programs, this article reconceptualizes large-scale, mission-critical initiatives as temporary ecosystems or interlinked organizations whose project-based interdependencies last until the program’s conclusion.
In-Depth   01 May 2025 Daniel Erian Armanios, Marc J. Ventresca, Maher K. Itani, and Malcolm McCulloch

Business Ethics
Drawing on data from white-collar inmates in a United States Federal Prison, this article explains what causes individuals to commit misconduct.
In-Depth   01 May 2025 William S. Harvey, Navdeep Arora, Graeme Currie, and Dimitrios Spyridonidis

Blockchain
This article shows that while blockchain technology is not the solution to all IP protection problems, it has the potential to significantly improve the status quo by creating an immutable record of the existence, integrity, and ownership of files at specific points in time.
In-Depth   01 May 2025 Stephan M. Wagner, Alexander A. Fink, Jonas F. Ehrnsperger, and Philipp Düpree

California Management Review

Published at Berkeley Haas for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

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