Juan Antonio Pérez López Chair

Holder: John Almandoz

Juan Antonio Pérez López created a body of work that brings economic, sociological, anthropological and ethical elements together.  Pérez López reminds us that people are not merely self-interested, driven by material wants, but also social beings, driven by intrinsic and transcendent motives. These transcendent motives can only be satisfied by contributing to the read needs of others.

For Pérez López, good leadership involves not only attaining business results but also developing people, and uniting an organization towards an inspiring purpose of serving people and society in its daily operations. This kind of leadership is transformative and results in greater unity and cohesion throughout the organization. His model of the firm is not only better than the neoclassical alternative, but it may also be the best hope we have to mend the future for a business world in need of transformation. As business leaders, we should seek to reconnect people. And even when we fall short of the ideal, we will still be better off for having tried.

In line with his broad and holistic perspective, the Juan Antonio Pérez López Chair is dedicated to bringing that perspective to contemporary questions, such as organizational purpose, multiple stakeholder management, environmental concerns, sustainability, artificial intelligence, and novel approaches to leadership and the design of work—including virtual work.

Our research deepens understanding of leadership, sustainability and competitiveness of different kinds of organizations (business, non-profit, family, etc.), using Juan Antonio’s anthropological paradigm. We are developing projects related to mission-driven organizations, the definition of corporate purpose and its implementation; the integration of corporate purpose with the personal purpose of colleagues and with the needs of society and the environment; and the balancing of multiple stakeholder priorities.

In addition to producing research on purpose, meaningful work, balancing leadership and strategic priorities, and business in the context of broader society, the Chair organizes symposia and international conferences and collaborates in IESE´s Executive Education programs and in IESE’s Alumni Learning Program. It collaborates with academic programs and institutes in other universities.

Research lines

  • Developing leadership competencies
  • Motivation and leadership in the XXI century
  • Business leadership and governance amid societal crises
  • Definition and Implementation of corporate purpose
  • Transformation of organizations in uncertain contexts
  • Institutional logics in society and organizational culture

Holder of the Chair

John Almandoz is a Professor in the Department of Managing People in Organizations. His background includes experience in actuarial consulting, corporate banking, and the management of non-profit organizations. He earned a joint PhD in Organizational Behavior and a master’s degree in Sociology from Harvard Business School/Harvard University and an MBA from Southern Methodist University’s Cox School of Business. He has published in prestigious journals such as the Academy of Management Journal and the Administrative Science Quarterly and participates in research in organizational theory, institutions, and top management teams and boards of directors. He is based at IESE’s New York campus.



ALMANDOZ, J., SAMILA, S. (2022). The Promotion Decision. IESE, DPO-776-E.
ALMANDOZ, J., SAMILA, S. (2022). La decision de promoción. IESE, DPO-776.

Journal Articles (refereed)

ALMANDOZ, J. (2023). Inside-out and outside-in perspectives on corporate purpose. Strategy Science. doi:https://doi.org/10.1287/stsc.2023.0180. (Online first)
YAN, S., ALMANDOZ, J., FERRARO, F. (2021). The Impact of logic (in)compatibility. Greeninvesting, state policy, and corporate environmental performance. Administrative Science Quarterly, 66 (4), 903-944. doi:10.1177/00018392211005756.
SMULOWITZ, S. J., ALMANDOZ, J. (2021). Predicting employee wrongdoing. The complementary effect of CEO option pay and the pay gap. Organizational Behavior and Human Decision Processes, 162, 123-135. doi:10.1016/j.obhdp.2020.10.018.
YAN, S., FERRARO, F., ALMANDOZ, J. (2019). The Rise of Socially Responsible Investment Funds: The Paradoxical Role of the Financial Logic. Administrative Science Quarterly, 64 (2), 466 - 501. doi:10.1177/0001839218773324.
ALMANDOZ, J., TILCSIK, A. (2016). When Experts Become Liabilities: Domain Experts on Boards and Organizational Failure. Academy of Management Journal, 59 (4), 1124 - 1149. doi:10.5465/amj.2013.1211.
ALMANDOZ, J. (2014). Founding Teams as Carriers of Competing Logics. When Institutional Forces Predict Banks' Risk Exposure. Administrative Science Quarterly, 59 (3), 442 - 473. doi:10.1177/0001839214537810.
ALMANDOZ, J. (2012). Arriving at the Starting Line: The Impact of Community and Financial Logics on New Banking Ventures. Academy of Management Journal, 55 (6), 1381 - 1406. doi:10.5465/amj.2011.0361.
MARQUIS, C., GUTHRIE, D., ALMANDOZ, J. (2012). State Activism and the Hidden Incentives Behind Bank Acquisitions. Social Science Research, 41 (1), 130 - 145. doi:10.1016/j.ssresearch.2011.07.001.


ALMANDOZ, J., TILCSIK, A. (2015). When Experts Become Liabilities: Bankers, Boards, and Bank Failures. Academy of Management Proceedings (pp. 1 - 2).

Articles in other publications

ALMANDOZ, J., LEE, Y.-T., RIBERA, A. (2018). Unleashing the Power of Purpose. 5 Steps to Transform Your Business. IESE Insight (37), pp. 44 - 51.
ALMANDOZ, J., LEE, Y.-T., RIBERA, A. (2018). Cinco pasos para motivar a tus empleados. La fuerza del propósito. IESE Insight (37), pp. 44 - 51.
ALMANDOZ, J., TILCSIK, A. (2016). Experts on corporate boards: more is not always better. LSE Business Review.
TILCSIK, A., ALMANDOZ, J. (2016). When Having Too Many Experts on the Board Backfires. Harvard Business Review.
MARQUIS, C., ALMANDOZ, J. (2014). Can an "Ethical" Bank Support Guns and Fracking? Harvard Business Review, 92 (4), pp. 123 - 127.


REY, C., ALMANDOZ, J. (2021). Sense of purpose. Reflections on meaningful work. Barcelona: DPMC Foundation.

Book Chapters

ALMANDOZ, J., LEE, Y.-T. (2022). Leadership in social enterprises. A Paradigm for purpose-led organizations. In Vaccaro, A. ; Ramus, T. (Eds.), Social innovation and social enterprises (pp. 83-108). Cham: Springer International Publishing.
REY, C., ALMANDOZ, J., MONTANER, A. (2019). Nurturing Personal Purpose at Work. In Carlos Rey, Miquel Bastons, Phil Sotok (Eds.), Purpose-driven Organizations: Management Ideas for a Better World (pp. 97 - 106). Basingstoke [England]: Palgrave Macmillan.
REY, C., SAN CRISTOBAL, J., ALMANDOZ, J. (2019). The New Logic of Purpose Within the Organization. In Carlos Rey, Miquel Bastons, Phil Sotok (Eds.), Purpose-driven Organizations: Management Ideas for a Better World (pp. 3 - 15). Basingstoke [England]: Palgrave Macmillan.
ALMANDOZ, J., MARQUIS, C., CHEELY, M. (2017). Drivers of Community Strength: An Institutional Logics Perspective on Geographical and Affiliation Based Communities. In Royston Greenwood, Christine Oliver, Thomas B. Lawrence, Renate E. Meyer (Eds.), The Sage Handbook of Organizational Institutionalism (pp. 190 - 213). Chicago: Sage Publications.
ALMANDOZ, J., LEE, M., CHEELY, M. (2017). Different Shades of Green: Environment Uncertainty and the Strategies of Hybrid Organizations. In Marc-David L. Seidel and Henrich R. Greve. (Eds.) (Ed.), Emergence (pp. 31 - 67). Bingley [etc.]: Emerald Group Publishing Limited.


ALMANDOZ, J., CARDONA, P., CHINCHILLA, N., REY, C. (2022). El propósito de Makonsa (C). IESE, DPO-770.
ALMANDOZ, J., CARDONA, P., CHINCHILLA, N., REY, C. (2022). El propósito de Makonsa (D). IESE, DPO-771.
ALMANDOZ, J., CARDONA, P., CHINCHILLA, N., REY, C. (2022). El propósito de Makonsa (E). IESE, DPO-772.
ALMANDOZ, J., CARDONA, P., CHINCHILLA, N., REY, C. (2022). The Purpose of Makon USA (D). IESE, DPO-771-E.
ALMANDOZ, J., CARDONA, P., CHINCHILLA, N., REY, C. (2022). The Purpose of Makon USA (C). IESE, DPO-770-E.