The concepts of "sustainability" and "responsibility" are at the core of traditional strategy research and managerial frameworks. How to create a "sustainable" competitive advantage is the Holy Grail of managerial decision-making and of managerial "responsibilities" towards capital providers. However, at the level of global society, these concepts also refer to complex challenges such as human rights, climate change, water stress, depletion of natural resources, pollution, shifting demographics, poverty or inequality.
The association of these challenges with economic activities has created concerns over the paradigms of capital markets, corporate legitimacy and traditional views of strategic success factors and corporate responsibilities. At the same time, these global challenges have triggered a wave of civil society-led innovations ranging from social movements to social enterprises and the establishment of new governance models.
This seminar will provide insights into the characteristics and strategies of actors from different sectors, the dynamics of sector interfaces, and the synergies or potential trade-offs between economic, social and environmental value creation. By analysing a number of case studies, participants will develop a realistic understanding of the preferences, approaches, and core strategies of key stakeholders as well as the characteristics and dynamics of global environmental and social problems. They will be equipped with a solid basis for evaluating the sustainability of current societal trajectories or lack thereof and the validity and power of various interventions to achieve a more sustainable global path into the future.
Not offered in 2017/18. This course can be customised for organisational clients. Learn more.