The need to transition the global economy to net zero greenhouse gas emissions is clear. Commitments made by the majority of the world’s governments declare that a global net zero economy should be achieved by the middle of the century. What is less clear is how this transition should take place, or how these commitments impact companies. This paper explores senior management perspectives on a net zero transition, identifying drivers, enablers, and barriers to transitioning effectively. In line with Kurt Lewin’s work, we collectively refer to these as forces. Through 11 in-depth interviews and a quantitative survey to managers across several industries and geographies, we identify, rank, and visually conceptualise 26 forces that act on companies in the context of a net zero transition. The strongest driving force is ‘Societal awareness of climate change and net zero targets’, while the biggest current constraining force is ’Business priorities’. The force considered to have the single biggest potential impact is ‘government disincentives and bans’. Based on the collective analysis of our findings, there are possible policy implications that could be explored further in order to successfully manage a transition to net zero.

This dissertation explores the topic of strategy formation in high-growth SMEs. High-growth SMEs represent the growth and job creation engine of an economy; however, little has been understood on how strategy forms and develops in high-growth SMEs. The focus on large organisations has led to a literature gap regarding strategy making in SMEs (Wisener and Millett, 2012). "There is a need for deeper understanding" of strategy formation processes in SMEs (Lofving et al., 2014) and "research focusing on questions such as how firms grow [...] has been neglected." (Wright and Stigliani, 2012) The research objectives are: to understand how strategy forms and develops in high-growth SMEs; to develop a framework for the qualitative study of strategy formation processes in high-growth SMEs; and to identify enablers and barriers related to strategy formation processes in high-growth SMEs. A multiple, retrospective case-study methodology has been used. Extensive case studies built on in-depth interviews with management have been compiled to understand the complexity of the studied phenomenon. The research develops two qualitative research tools based on the literature review: a preliminary framework and an assessment matrix to study strategy formation processes. Furthermore, the research introduces a new approach to strategy charting. The key contributions of this research are as follows: • A holistic view of how strategy processes in high-growth SMEs form and develop is provided. New insights into the structures, characteristics, and other aspects of strategy formation processes have been articulated. • A framework for the qualitative study of strategy formation processes in high-growth SMEs has been developed by applying the cross-case analysis findings to the preliminary framework. • New enablers and barriers related to strategy formation processes in high-growth SMEs have been identified. New findings on the role of strategy formation in achieving growth have been outlined. This dissertation narrows the gap between strategy formation in academia and real life by providing practitioners with detailed case studies which can be used as guidelines for the development of strategy formation processes. The research can also help SMEs' managers to tackle challenges encountered in strategy formation and to support catalysts which enable strategy formation. This dissertation provides exploratory findings into a phenomenon which has been limitedly researched. Further research should seek to generalise and test the findings on additional SMEs.