Uprooted by a petrochemical company: The ethical dimension of open strategy

Abstract

Abstract Purpose: This article debates the open strategy process, understanding the social pressure on companies as a highlighted dimension within the context of formulating strategy. Originality/value: Within corporate environmental and social crimes and negligence, companies can maintain their closed strategies and try to avoid institutional and social protests by responding ceremonially. To analyze this relationship, we use the theoretical framework of open strategy, assuming a practical perspective of this worldwide social phenomenon, and we also propose a discussion agenda for the ethical dimension of formulating strategy. Design/methodology/approach: We have conducted a documental case study of the Braskem “geological phenomenon” which occurred in Maceió, Alagoas, in 2018 using newspaper reports from Folha de S.Paulo and Estadão, as well as business reports. Based on these documents, we debate the corporate environmental crime that occurred (ecocide), which caused great losses on the part of the local residents. The documents were analyzed using content analysis and interpreted in light of the delineated theoretical framework. Findings: We emphasize the importance of including the ethical dimension in debates about open strategy and propose a reflection about taking this opening seriously. Openness is built from a dialogic perspective, and social practices are considered a social-historic and culturally situated framework.