This module will aim to provide students with the knowledge and tools to become responsible international business professionals. The module will explore the different responsible business models that companies can use to drive change and explain why well-governed global businesses are particularly well positioned to tackle the world’s biggest environmental problems. This module explores how global businesses can:(a) step away from CSR as a side activity, to make it a core part of their business model. (b) transition to a more responsible and sustainable business model, including circular economy approaches, creating positive social impact and enhancing performance. (c) reconceptualise the critical global challenges facing businesses globally, and how to transform them into profitable and scalable growth opportunities or as bases of future competitive advantages.
In so doing, students will understand the corporate governance mechanisms businesses, as social systems, need to manage their public affairs, and generate and implement collective decisions to enhance societal well-being.
Learning Outcomes
By the end of the module students should be able to:
Critically evaluate global business models that drive responsible change.
Explore why individual as well as collective responsibility matters and how responsible global business can be a catalyst for system-level change in the face of significant global environmental issues, such as climate change and income inequality.
Examine the broader environmental, political, and social landscape in which global businesses operate and trade-offs involved, including the role of market and non-market forces such as government, investors, and customers, and understand the bases for best practices in corporate governance in multi-stakeholder contexts.
Critically reflect on their role as a professional or leader and their ability to effect change in international business through a more responsible approach to tackling global social and environmental challenges.
(2500 words) Case study analysis – written report (70%). 8 minute Group visual presentation that critically reflects on, and evaluates levels of responsibility and governance in different organisational contexts (e.g. using powerpoint, videos, posters or dramatic role play) (30%).
Reassessment:
Resubmission of failed component(s): (2500 words) Case study analysis – written report (70%).
AND/OR(1000 word equivalent) Individual critical analysis of the group visual presentation that evaluates levels of responsibility and governance in different organisational contexts (e.g. using powerpoint, videos, posters or dramatic role play) (30%).