Sasanka Sekhar Chanda
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Sasanka Sekhar Chanda is a Fellow of the Indian Institute of Management Calcutta. Sasanka’s research interest is in theory development by computational simulation modeling using genetic algorithm and Kauffman’s NK model—encompassing autonomous strategic behavior and complexity, uncertainty, failure and renewal. In the postgraduate program, Sasanka offers an elective – Strategic analysis of business events, based on CK Prahalad’s work. In the doctoral program Sasanka offers courses on Philosophy of social science research, and Theory of the firm. Prior to joining academics, Sasanka worked in the industry in a range of roles spanning engineering, consulting and management for a period spanning fifteen years
Research involving Genetic Algorithm (March 1991 / Holland 1975)
Below I am providing the list of papers in the order they may be read.
[1]. Chanda SS, Miller KD (2019) Replicating agent-based models: Revisiting March’s exploration-exploitation study. Strategic Organization, 17(4): 425–449 DOI: 10.1177/1476127018815295. https://journals.sagepub.com/doi/pdf/10.1177/1476127018815295
[2]. Chanda SS, McKelvey B (2020) Back to the basics: Reconciling the continuum and orthogonal conceptions of exploration and exploitation. Computational and Mathematical Organization Theory, 26(2): 175–206 DOI https://doi.org/10.1007/s10588-020-09311-y
[3]. Chanda SS, Ray S (2015) Optimal exploration and exploitation: The managerial intentionality perspective. Computational and Mathematical Organization Theory, 21(3): 247–273. DOI: 10.1007/s10588-015-9184-y
[4]. Chanda SS (2017) Inferring final organizational outcomes from intermediate outcomes of exploration and exploitation: The complexity link. Computational and Mathematical Organization Theory, 23(1): 61–93. DOI: 10.1007/s10588-016-9217-1 (https://rdcu.be/5wsj)
[5]. Chanda SS, Ray S (2023) Is comprehensiveness in making strategic decisions always helpful? Australian Journal of Management. DoI. 10.1177/03128962231201497
[6]. Chanda SS, Ray S, McKelvey B (2018) The continuum conception of exploration and exploitation: An update to March’s theory. M@n@gement, 21(3): 1050–1079. https://management-aims.com/index.php/mgmt/issue/view/189
[7]. Burgelman RA, Chanda SS (2024 / Forthcoming) Autonomous Strategic Behavior, Organizational Learning and Top Management Support: Re-Examining Field Research with Computational Modeling. Strategic Management Review. [https://www.strategicmanagementreview.net/assets/articles/Burgelman.pdf]
[8]. Chanda SS (2024) Enabling Creative Destruction: A View from the Perspective of Managerial Control. Journal of Contemporary Business Research. [https://journals.sagepub.com/doi/10.1177/3049513X241233064]
[9]. Chanda SS, McKelvey B (2018) A Computational Study Explaining Processes underlying Phase Transition. Available at arXiv: https://arxiv.org/abs/1810.04036
NK Modeling Research (listed in reverse chronological order)
All papers in this section involve computational simulations on Kauffman’s NK Fitness landscape
[1]. Yayavaram S, Chanda SS (2023) Decision making under high complexity: A computational model for the science of muddling through. Computational and Mathematical Organization Theory 29: 300–335. https://doi.org/10.1007/s10588-021-09354-9 [https://rdcu.be/c5uF8]
[2]. Chanda SS (2021) An Algorithm to Effect Prompt Termination of Myopic Local Search on Kauffman-s NK Landscape. Available at arXiv: https://arxiv.org/abs/2104.12620
[3]. Chanda SS, Yayavaram S (2021) Overcoming Complexity Catastrophe: An Algorithm for Beneficial Far-Reaching Adaptation under High Complexity. Available at arXiv: http://arxiv.org/abs/2105.04311
[4]. Chanda SS, Yayavaram S (2020) An Algorithm to Find Superior Fitness on NK Landscapes under High Complexity: Muddling Through. Available at arXiv: https://arxiv.org/abs/2006.08333
Conceptual Papers (in reverse chronological order)
[8]. Chanda SS (2025) A Framework to Assess the Potential Impact of Adoption of an AI System in Business Functions in a Company. Available at SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5042416
[7]. Chanda SS (2025) Anticipating a renaissance in organization and management theories. International Journal of Complexity in Leadership and Management. 4(1): 1–11.
[6]. Chanda SS, Banerjee DN, (2024) Omission and commission errors underlying AI failures. AI & Society, 39: 937–960. https://doi.org/10.1007/s00146-022-01585-x [https://rdcu.be/c5uFR] [https://rdcu.be/ddEzH]
[5]. Chanda, Sasanka Sekhar (2023) A Constructor Theory-based Approach for Computer Code Model Validation: The Crucial Role of an Effort-directing Feedback Mechanism. Available at SSRN: https://ssrn.com/abstract=4468005 or http://dx.doi.org/10.2139/ssrn.4468005.
[4]. Banerjee DN, Chanda SS (2020) AI Failures: A Review of Underlying Issues. Available at arXiv: https://arxiv.org/abs/2008.04073
[3]. Chatterjee A, Chanda SS, Ray S (2018) Administration of an organization undergoing change: Some limitations of the transaction cost economics approach. International Journal of Organizational Analysis, 26(4): 691–708. DOI: IJOA-07-2017-1202 https://www.emeraldinsight.com/eprint/PFGBTPPAGSZHAJ92RNFD/full
[2]. Chanda SS, Ray S (2015) Formal theory development by computational simulation modelling: A Tale of two philosophical approaches. Decision, 42(3): 251–267. DOI: 10.1007/s40622-015-0096-y. https://link.springer.com/article/10.1007/s40622-015-0096-y
[1]. Chanda SS (2015) CEO Cognition in Strategy Research. Available at SSRN: http://dx.doi.org/10.2139/ssrn.2586215.
Empirical Research
[1]. Chanda SS, Ray S (2021) Why Do Strategic Projects Fail? Available at SSRN: https://ssrn.com/abstract=3836325
[2]. Chanda SS, Ray S (2016) Learning from project failure: Globalization lessons for an MNC. Thunderbird International Business Review, 58(6): 575–585. DOI: 10.1002/tie.21776