Author: Seagle, Carol
Source: Kenan-Flagler Business School, UNC-Chapel Hill
Year: 2009
Number of pages: 20
Abstract:
This course is designed to increase students' understanding of the strategies undertaken by corporations to
(1) minimize environmental impact, (2) mitigate risks and manage under conditions of uncertainty, (3) leverage environmental concern as a source of competitive business advantage, and (4) deal effectively with global environmental issues such as climate change and resource limitations.
Through lectures, readings, case studies, classroom discussion, and assignments, this course aims to:
- Expose students to strategies companies use to innovate, create value, and build competitive advantage;
- Give students the opportunity to work with tools to quantitatively assess firms' environmental impact and alternative investment scenarios;
- Challenge students to think critically about the environmental and societal consequences of business decisions; and
- Increase students' understanding of the implications of global climate change and associated regulations on industry.
Within the context of an MBA education, this course has the following goals:
- Develop students' ability to think critically, systematically evaluate complex issues, and weigh interconnected and conflicting interests;
- Increase students' capacity to comprehend and make use of quantitative and qualitative information to ground their decision-making;
- Improve students' ability to communicate their ideas clearly and effectively, with a specific focus on articulating business strategies that take environmental and societal issues into account; and
- Develop leadership skills including the ability to solve problems creatively, to communicate persuasively about complex and contentious issues, and to determine the most effective implementation for strategies aimed at improving environmental performance.
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Environmental Strategy (432k)
Author(s): Seagle, Carol
Product Type: Notes; Teaching Modules
Road Map for This Class
1.News and Introduction to the course and the class
2.Overview of topics to be covered in detail throughout course
3.Description of course assignments
4.Discussion about the Reinhardt article
5.Presentation of ancillary data regarding the state of business implementation of environmental strategy
Author(s): Seagle, Carol
Product Type: Notes; Teaching Modules
Objectives for this class:
-Appreciation of similarities and differences because environmental management and continuous improvement as business strategies
-Insight into the costs and benefits of environmental management systems as well as associated implementation issues
-Knowledge about the ISO 14001 standard and its affect on environmental performance
Author(s): Seagle, Carol
Product Type: Cases; Notes; Teaching Modules
Objectives for this class:
-Insight into the design of an industry association as a response to society's environmental concerns and as an alternative to government regulations
-Knowledge of key milestones related to rising environmental awareness, industry responsibility, and government intervention
-Capacity to design alternative quantitative approaches for evaluating environment performance
Author(s): Seagle, Carol
Product Type: Cases; Notes; Teaching Modules
Objectives for this class:
-To gain experience analyzing a management decision with environmental and social consequences using tools learned in the core finance class
-Experience exercising leadership -- examining alternatives, asking questions, and explaining decision-making process
Author(s): Seagle, Carol
Product Type: Cases; Notes; Teaching Modules
Objectives for this class:
-Knowledge of best practices implemented within a large corporation with a checkered history of environmental performance
-Integration of concepts presented in the first section of the course (Pollution Reduction) and the concepts of (1) innovation and (2) new business model design
Author(s): Seagle, Carol
Product Type: Notes; Teaching Modules
Objectives for this class:
-Familiarity with the concepts of ecosystem services, ecosystem markets, wetland mitigation banking, habitat conservation banking, and natural resource value accounting
-Insight into the economic issues associated with ecosystem service markets
Author(s): Seagle, Carol
Product Type: Notes; Teaching Modules
Objective for this class:
-Familiarity with the threats and opportunities in the water sector and the strategies companies use to minimize risk and gain advantage
Author(s): Seagle, Carol
Product Type: Notes; Teaching Modules
Objective's for this class:
-Increased understanding of how businesses can position themselves for competitiveness in response to the challenges posed by climate change and its consequences
-Increased familiarity with climate change regulation and other key climate change concepts