Sustainable Organization and P2M Theory

-Program Management that connects Dynamic Capability and Ordinary Capability-

Abstract

Pandemics make the environment surrounding an organization very uncertain. For a future that can be predicted to some extent, P2M theory will work effectively. But does P2M theory work well in turbulent and unpredictable situations? Targeting this uncertainty, discussions on Dynamic Capability (DC) have been actively conducted in the research area of Strategic Management. In this study, we would like to discuss the conditions for the effectiveness of P2M theory under turbulent situation. First, we will do previous research on P2M and DC. We consider how relevant they are in situations of high uncertainty. Second, Program Management achieves greater effectiveness in resilient organizations.