In this conceptual paper, we analyze how social acceleration as a key phenomenon of modern societies affects the relationship between organizations and places. We identify two dimensions of how organizations relate to places: (a) embeddedness (the degree of material integration in a place) and (b) attachment (the psychic closeness, identification, or affective bonds with a place). Building on Rosa’s (2003; 2013) seminal work on social acceleration, we further propose three processes (the time-space distanciation effect, the situational identity effect, and the managerial myopia effect) through which temporal changes in modern societies can lead to a loosening of ties between organizations and places. As the attachment to a place may also represent a precondition for organizations to develop a ‘field of care,’ the framework presented in this paper can help us develop a better understanding of the factors that influence whether organizations can develop a ‘sense of place’ that fosters responsible social and environmental performance that enhances the well-being of places and communities, respectively.