Paul J. H. Schoemaker (born 1949) is an academic, author, and an expert in the fields of
strategic management
In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of Resource management, resources ...
and
decision making
In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either ra ...
.
He is listed among the most highly cited scholars globally (top 1%) as measured by academic publications in leading journals of business and economics.
Schoemaker was the founder and executive chairman of a consulting and training firm specializing in strategic management
Decision Strategies Internationaland also the chairman of two family companies (Public Salt Inc in Ohio and Vaessen-Schoemaker BV in the Netherlands). He also served on the board of the Decision Education Foundation,
a philanthropic organization aimed at improving the decision making and judgment skills of adolescents, in associations with high schools around United States.
He currently lives in on the East Coast of USA with his wife, Joyce; they have two children.
Early life and education
He was born and raised in the Netherlands,
[ and he started his studies in physics and mathematics at the ]University of Groningen
The University of Groningen (abbreviated as UG; , abbreviated as RUG) is a Public university#Continental Europe, public research university of more than 30,000 students in the city of Groningen (city), Groningen, Netherlands. Founded in 1614, th ...
, Netherlands. He graduated magna cum laude
Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sout ...
from the University of Notre Dame
The University of Notre Dame du Lac (known simply as Notre Dame; ; ND) is a Private university, private Catholic research university in Notre Dame, Indiana, United States. Founded in 1842 by members of the Congregation of Holy Cross, a Cathol ...
with a B.S. in physics in 1972. Later, he received an M.B.A. in Finance, an M.A. in Management and a Ph.D. in Decision Sciences,[ all three degrees from the ]Wharton School
The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...
at the University of Pennsylvania
The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...
.
Professional life
In 1975, he started his professional life as a Lecturer of Management[ at the ]Wharton School
The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...
and later in 1977 served there as an assistant Professor of Management. For over twelve years ''(starting 1979)['', he served as a full-time professor in the Graduate School of Business at the ]University of Chicago
The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...
, specializing in strategy and decision sciences. During 1982-84 he took an extended sabbatical with the strategic planning group of Royal Dutch Shell
Shell plc is a British multinational oil and gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New ...
in London, where he helped pioneer scenario planning
Scenario planning, scenario thinking, scenario analysis, scenario prediction and the scenario method all describe a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and gen ...
.[Paul Schoemaker, (1995), �]
Scenario Planning
: A Tool for Strategic Thinking”, Sloan Management Review, 36(2), 25-40. Prof. Schoemaker has served as Research Director of the Mack Institute for Innovation Management at the Wharton School of the University of Pennsylvania
The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...
, where he remains as a senior fellow.
He was also the founder and Executive Chairman of Decision Strategies International, a consulting and training firm specializing in strategic management, executive development and multi-media software.
Paul Schoemaker has been an active private investor in new technology-based ventures and served on the board of directors of the Decision Education Foundation, a philanthropic organization aimed at improving the decision making and judgment skills of adolescents, in associations with high schools around United States.
Personal life
He lives with his wife Joyce in Villanova, Pennsylvania
Villanova is census-designated place in Pennsylvania, United States. A suburb of Philadelphia, the community straddles the border of Lower Merion Township in Montgomery County and Radnor Township in Delaware County. It is located at the cen ...
and Delray Beach, Florida
Delray Beach is a city in Palm Beach County, Florida, United States. The population of Delray Beach as of April 1, 2020, was 66,846 according to the 2020 United States census, 2020 United States Census. Located in the Miami metropolitan area, De ...
; they have two children. His hobbies include tennis, golf and piano.
His brother Hubert Schoemaker was a co-founder and the president of the biotech company Centocor
Johnson & Johnson Innovative Medicine (formerly Janssen Pharmaceuticals) is a Belgian pharmaceutical company headquartered in Beerse, Belgium, and wholly owned by Johnson & Johnson. It was founded in 1953 by Paul Janssen.
In 1961, Janssen Ph ...
.
Publications
Schoemaker’s articles have appeared in the Harvard Business Review, The Journal of Economic Literature and the Journal of Mathematical Psychology, as well as numerous other journals. A selection of articles and books[Books and Publications by Paul J. H. Schoemaker]
/ref> can be found below:
*Books (author)
**J. Edward Russo, Paul J.H. Schoemaker (1990)
Decision Traps
[ ]Simon & Schuster
Simon & Schuster LLC (, ) is an American publishing house owned by Kohlberg Kravis Roberts since 2023. It was founded in New York City in 1924, by Richard L. Simon and M. Lincoln Schuster. Along with Penguin Random House, Hachette Book Group US ...
;
**Paul R. Kleindorfer, Howard C. Kunreuther, Paul J.H. Schoemaker (1993)
Decision Sciences
Cambridge University Press
Cambridge University Press was the university press of the University of Cambridge. Granted a letters patent by King Henry VIII in 1534, it was the oldest university press in the world. Cambridge University Press merged with Cambridge Assessme ...
;
**George S. Day, Paul J. H. Schoemaker, Robert E. Gunther (2000)
Wharton On Managing Emerging Technologies
Wiley;
**J. Edward Russo, Paul J.H. Schoemaker (2001)
Winning Decisions
[ Crown Business;
**Paul J.H. Schoemaker, Robert E. Gunther (2002)]
Profiting from Uncertainty
[ Simon & Schuster;
**George S. Day, Paul J.H. Schoemaker (2006)]
Peripheral Vision
Harvard Business School Press
Harvard Business Publishing (HBP) is a publisher founded in 1994 as a not-for-profit, independent corporation and an affiliate of Harvard Business School (distinct from Harvard University Press), with a focus on improving business management pr ...
;
**Paul J.H. Schoemaker, Joyce A. Schoemaker (2009)
Chips, Clones and Living Beyond Hundred
FT Press;
**Paul J.H. Schoemaker (2011)
Brilliant Mistakes: Finding Success on the Far Side of Failure
Wharton Digital Press;
**Krupp, Steven and Paul J.H. Schoemaker, Winning the Long Game: How Strategic Leaders Shape the Future, Public Affairs Imprint of Perseus, Dec 2014.
**Day, George S. and Schoemaker, Paul J.H., See Sooner–Act Faster: How Vigilant Leaders Thrive in an Era of Digital Turbulence, MIT Press, 2019.
**Schoemaker, Paul J.H., Advanced Introduction to Scenario Planning, Edward Elgar Publishing, UK, 2022;
*Articles
**Paul J.H. Schoemaker (November 1995)
Scenario Planning: "A Tool for Strategic Thinking”
Sloan Management Review
**George S. Day, Paul J.H. Schoemaker (November 2005)
Scanning the Periphery
Harvard Business Review
''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a not-for-profit, independent corporation that is an affiliate of Harvard Business School. ''HBR'' is published six times a year ...
**Paul J.H. Schoemaker, Robert E. Gunther (June 2006)
The Wisdom of Deliberate Mistakes
Harvard Business Review
**Paul J.H. Schoemaker (March 2012)
Inc.com
**Schoemaker, P.J.H., Steve Krupp and Samantha Howland, “Strategic Leadership:The Essential Skills” Harvard Business Review, Jan/Feb 2013, 131-134
**Paul J.H. Schoemaker (April 2012)
Inc.com
**Schoemaker, Paul J.H and Philip E. Tetlock “Superforecasting: How to Upgrade Your Company’s Judgment,” Harvard Business Review, May 2016, pp 72–78
**Schoemaker, Paul J.H., Sohvi Heaton, and David Teece “Innovation, Dynamic Capabilities and Leadership,” California Management Review, 2018, Vol. 61(1) pp 15–42.
**Paul J.H. Schoemaker and George S. Day, “Preparing Organizations for Greater Turbulence,” California Management Review, Summer 2021, Vol 63, Issue 4
References
External links
Official website of Paul Schoemaker
{{DEFAULTSORT:Schoemaker, Paul J. H.
1949 births
Living people
Dutch academics
University of Chicago faculty
University of Notre Dame alumni
Wharton School alumni
University of Pennsylvania faculty
Dutch expatriates in the United States
People from Deventer