Apr 09, 2020 many academic and business institutions develop and publish case studies. Simapros powerful reporting functionalities and addons help create a companywide support base and simplify strategiclevel decisions. The case centre sells case studies but they are also committed to providing free case studies to promote the case study method as an educational tool. Drawing from our own research and our colleagues research in this area, we have created a sustainability business case for the 21 st century corporate executive. Over 100 cases written by nanyang business school faculty at singapores nanyang. The strategic business case pdf template free download is a very popular business case template among the business men, as it clearly point out the strategies to be used by the business. Free case studies by mit sloan school of management. Top 40 most popular case studies of 2018 yale school of.
How do companies distribute knowledge and workload across board committees. The leaders who pioneered into sustainable procurement and have advanced programs are reaping profit and innovation benefits because they took action. This is the table of contents for the book sustainable business cases v. It can be an important part of an overall business strategy. The cases also draw on yales continued emphasis on corporate governance, ethics. According to ifcs 2007 report banking on sustainability, which included a survey of 120 financial institutions in 43 emerging markets, the integration of sustainability into management systems and practices brings tangible benefits, including new lines of business, new clients, greater access to financing, greater shareholder value, and improved reputation and goodwill. Ill offer many more videos about the business case in the days ahead, and also videos on making sustainability relevant for the business community. Green marketing strategy and the four ps of marketing. An investment in sustainabilitypeople, planet and prosperityis not only a form of corporate philanthropy, but is also core to how a company can succeed and prosper as a business. In an effort to reduce absences he decided to offer free, fulltime medical services onsite and health care for each employees family. Open access to this article is made possible by the regents of the university of michigan on behalf of the erb institute. The business case for sustainability bcs has been approached in many different ways to prove or disprove the sound economic rationale for corporate sustainability management that shall be defined as a strategic and profitdriven corporate response to environmental and social issues caused through the organizations primary and secondary. Sustainability case studies learningedge at mit sloan.
The business case for corporate social responsibility. For most, the concept remains abstract and theoretical. Free cases from stanford graduate school of business. Sustainability is becoming more valuable every day, but making the business case for it requires solid, substantiated figures. Top 40 most popular case studies of 2017 yale school of. For more information on the source of this book, or why it is available for free, please see the. A thesis submitted in partial fulfillment of the requirements for the honors in the major program in management entrepreneurship in the college of business administration and the burnett honors college at the university of central florida orlando, florida summer term, 2016. Matteo tonello is director of corporate governance for the conference board, inc. The business case for sustainability is a notion often referenced in the corporate sustainability and corporate social responsibility literature. Free business case study samples for business majors. Apr 20, 2015 building the business case for sustainability challenges, identify the decision makers, hierarchy of business needs, reasons sustainability initiatives are n slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.
The sustainable business case book by gittell, magnusson and merenda is one of the first of its kind. Developing value the business case for sustainability in emerging. The business case for supply chain sustainability for a particular company depends on a variety of issues including industry sector, region of operation, stakeholder expectations, business strategy, organizational culture, and past. Making the business case for environmental sustainability working. Making the business case for sustainability simapro. Free cases from stanford stanford graduate school of business. This post is based on a conference board director note by archie b. The struggle to develop the business case is a perennial one. Introduction to sustainable business and sustainable business. As a contrast, this paper argues that business model innovations may be required to support a systematic, ongoing creation of business cases for sustainability. Because sustainability is such a strategic topic and addresses how your company will do business in five, 10 or 20 years, there is a temptation to put off the project. A business case is the best way to assess whether a project aligns with an organizations strategic plan of action.
The keys to successful sustainability entrepreneurship. There have been a number of studies looking at the relation between companies environmental, social, and corporate governance practices esg and their financial performance. Corporate social responsibility and sustainability. Corporate social responsibility and sustainable business. Making the business case for sustainable commodities page 2 about this guide this guide provides a framework and a set of tools to help you develop a powerful, wellreasoned and tailored business case that will resonate with decisionmakers. Mit smr and bcgs 2017 sustainability research report offers eight lessons for sustainable business. Hoping to alleviate their concerns, this article also provides concrete examples of how sustainability benefits the bottom line. Well, technically, a business case is a lot like a business plan. Entrepreneurship, innovation, and sustainable business.
You must be wondering what a business case is all about. Some of these organizations provide free access to their case studies. Explain the role of consumers in motivating sustainable business practice. Corporate social responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality. Over 100 cases written by nanyang business school faculty at singapores nanyang technological university.
Usually, a business case analysis is developed by the stakeholders of the business or a project. Finding the business case for sustainability guardian. Making the business case for sustainable commodities. Redesigning products to meet environmental standards or social needs offers new business opportunities. The world business council for sustainable development in its publication. Most organizations can be placed somewhere in between. Now that you are familiar with the concept of sustainable business and how it impacts every aspect of the business, we are delighted to turn to real case examples of sustainable business practices. The sustainable business case book flat world knowledge. Business case studies in sustainability practices stars. Fortunately, there are an increasing number of businesses moving toward sustainability. The sustainability business case harvard university.
Six steps of sustainability planning the elements of a case statement include. Investing in sustainability is not only a risk management tool. Oct 21, 2016 investing in sustainability is not only a risk management tool. The sustainable business case book open textbook library. The business case for sustainability is also connected to improved reputation and brand value. The introductory chapters also describe key concepts, analytical frameworks, and contextual information relevant for the understanding of business sustainability. The sustainable business case book combines the theory of sustainability with key concepts and analytical information with a collection of realworld cases that provide perspective and practical guidance on how sustainable businesses operate. The numbers weve discussed are just the tip of the iceberg when it comes the business case for sustainability. These cases are available free to registered educators at. The existence of a business case for sustainability is, however, mostly seen as an adhoc measure, a supplement to the core business, or simply a coincidence. Business case analysis traditionally works with two sets of indicatorssustainability actions on the input side and indicators of financial performance on the output sideto prove causality or a positive correlation.
Understanding of the critical indicators that organizations should focus on has evolved considerably. For instance, lets say that you have been assigned a particular project at your office or business. A case on the coffee supply chain remained the top case and cases on burgers, chocolate, and palm oil all made the top ten, according to data compiled by yale school of management case research and development team som crdt. The business case for sustainability is also connected to.
Many academic and business institutions develop and publish case studies. Business groups including the business roundtable3 brt and the u. The business case for corporate sustainability literature. The cases also draw on yales continued emphasis on corporate governance, ethics, and the role of business in state and society. This case series describes the concept of materials pooling as a sustainability strategy for businesses and the challenges that such collaborations encounter. The era of corporations integrating sustainable practices is being surpassed by a new age of corporations actively transforming the market to make it more sustainable. Cases about food and agriculture took center stage in 2018. Water has largely been considered a free raw material and therefore used inefficiently, but many companies are now experiencing the higher. It is wellknown that energy efficient design contributes to a number of short and longterm societal benefits, including saving fossil fuels and reducing air emissions that cause poor air quality, acid rain and climate change.
The global survey of senior executives from around the world conducted by the economist in 2011 found that 76 percent of respondents think that embedding sustainability into the company s business leads to enhanced reputation and increased brand value. It combines the the theory of sustainability with key concepts, analytical information and contextual information with a collection of cases which provide insights, perspective and practical guidance on how sustainable businesses operate from different business functional area perspectives. Whether managing downside risk, creating business value by incorporating sustainable solutions, or identifying innovative ways to finance sustainability, the private sector is becoming the engine of competitive solutions to sustainability and can help finance and address sustainability challenges in the years ahead. The commitment of business to contribute to sustainable economic development working with employees, their families, the local community and society at large to improve their quality of life. Shabana, and relates to a paper by these authors, titled the business case for corporate social responsibility. This open access is brought to you for free and open access by the ucf theses and. Focuses on entrepreneurship and small business operations. For more details on it including licensing, click here. Business case studies in sustainability practices by sheri l. The first part of the sustainable business case book, chapter 1 through chapter 3, introduces students to the meaning of sustainability, and the practice of sustainable business. Every sustainability conference has a session on the roi of csr and we sustainability practitioners all hope someone else has found. Free case studies business case studies research guides. The global survey of senior executives from around the world conducted by the economist in 2011 found that 76 percent of respondents think that embedding sustainability into the companys business leads to enhanced reputation and increased brand value. Chamber of commerce4 have proposed modifications to the existing shareholder proposal process that would significantly limit shareholders ability to use this tool to raise issues with corporate boards, who are charged with representing their interests.
The business case for supply chain sustainability the business case for supply chain sustainability for a particular company depends on a variety of issues including industry sector, region of operation, stakeholder expectations, business strategy, organizational culture, and past performance. Sep 20, 20 the struggle to develop the business case is a perennial one. The comprehensive business case for sustainability. The sustainable business case book table of contents. Whereas some see sustainability and the business case as contradictions and thus emphasize the existence of tradeoffs, others highlight how potential business cases can be created by managing. Before you actually start working on the project, you need to have a case template ready with you. Building the business case for sustainability challenges, identify the decision makers, hierarchy of business needs, reasons sustainability initiatives are n slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Business case for 14a8 the forum for sustainable and. Corporate responsibility or sustainability is therefore a prominent feature of the business and society literature, addressing topics of business ethics. Wwf works with policymakers, businesses and other stakeholders to promote.
Pdf the business case for environmental sustainability. Case topics represented on the list vary widely, but a number are drawn from the case teams focus on healthcare, asset management, and sustainability. In the case of learning about sustainable business practice, managers often quickly learn enough to be interested in it, but then the learning curve is high steep, and there is a lot to learn to ensure that the sustainable practice serves the interests of the business entity. Nikes product creation process was handled by teams known as triads comprised of a marketer, responsible for translating consumer demands into product specifications detailed on product briefs, a designer, who created the products general concept and layout, and a developer, charged with the products technical details and coordinating production with the factory. After registering for a free account on the site, you can browse their large selection of free case study samples from business schools and organizations around the globe. The business case actually states the reason behind the particular project or assignment and initiates it.
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