BUSENV 1745 - SUSTAINABLE BUSINESS LEADERSHIP

Minimum Credits: 3
Maximum Credits: 3
As business imperatives and the environment in which businesses operate continue to change, the need to address complex challenges of interconnectedness and responsible value creation have never been more pressing than today. With more and more organizations engaging with conversations around sustainability that is today no longer a choice, but a very question oforganizational survival, this course offers an opportunity to understand the role of business in society from the lens of responsible leadership and the managerial challenges of leading organizations for sustainability. The course will provide you with an exposure to the debates around sustainability and the purpose of the firm, an understanding of the core principles and ways of conceptualizing sustainability in organizations and the requisite leadership, some tools and techniques to think about measurement and impact, and perspectives to navigate the challenges of leading and managing multiple stakeholders. Through a mix of cases, activities, readings, exposure to underlying theories and principles, and by engaging in a sustainability simulation firsthand, you will become familiar with the sustainability challenges businesses face today and the leadership challenges and approaches required to navigate the current business landscape. In essence, the course will focus on the 'what' and 'how' of leading, strategizing, planning, executing, and monitoring socially responsible and sustainable practices of companies. In learning about sustainable business leadership, you will also have the opportunity to apply your learnings and insights from this course in evaluating the sustainability performance of a company via a team project to uncover the leadership approaches and strategies that yield optimal business results and create societal value. The course is designed to accomplish the following main objectives: To identify and explore the impact of business decisions on a variety of different stakeholders in order to improve the triple bottom line of economic, social and environmental performance of a business. To familiarize oneself with the concepts and principles underpinning the notion of sustainability and responsible leadership. To analyze strategies adopted by businesses to address sustainability-related challenges and identify opportunities for value creation. To be able to critically assess the impact and sustainable performance of business organizations.
Academic Career: Undergraduate
Course Component: Lecture
Grade Component: Letter Grade

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