Assignment Task
Overview
In this assignment, you will apply the key concepts learned in the course to a real-world scenario. Your task is to examine how an existing corporation can shift its strategy towards sustainability. You are required to select a current corporation and conduct a comprehensive analysis of its operations, strategies, and sustainability efforts. Your objective is to then propose a strategic shift that enhances the corporation’s commitment to sustainability while addressing a relevant environmental or social issue. To do so, it will be crucial for you to identify potential partnerships and opportunities for stakeholder collaboration to ensure the reforms you propose will lead to impactful, systemic change.
Description
1. Company Selection and Analysis
- Choose a corporation and conduct research into its current business operations and sustainability initiatives.
- Your research should include examining impact reports, sustainability disclosures, financial statements, and other relevant public documents.
2. Problem Identification
- Identify a specific environmental or social problem that is relevant to the chosen company’s industry or operations
- Adopt a systems thinking perspective to analyze the root causes of the problem and identify its wider implications for the company, society, and the environment.
3. Proposal
- Develop a detailed proposal for a shift in strategy the company could adopt to address the identified issue. Your proposed shift in strategy should take into account the systemic factors holding the company back from addressing these deficiencies.
- You should explore potential partnerships and opportunities for stakeholder engagement and collaboration that will increase your knowledge of the problem and likelihood of achieving a successful solution.
- Your proposal should detail specific changes in the company’s business model or operations and how sustainable practices and technologies can be integrated while considering the impact on stakeholders and value creation.
4. Brand Alignment and Communication
- Describe how your proposed strategy aligns with the company’s brand identity and core values.
- Develop a communication plan to effectively convey this strategic shift to stakeholders, including customers, investors, and employees.
5. Impact Evaluation
- Project the potential impact of your proposed strategy shift on the company’s sustainability, brand image, and financial performance. While you will not be able to draw very specific financial projections, you should be able to identify where (if any) significant costs may arise and to explain how (if at all) the strategic shift you propose will impact the company’s revenue model.
- Include measurable outcomes and a timeline for these goals.
6. Risk and Opportunity Analysis
- Evaluate potential risks and opportunities associated with your strategic shift.
- Propose strategies for mitigating risks and capitalizing on opportunities.
Grading Standards
Your work will be evaluated based on the depth and comprehensiveness of your analysis, the innovation and feasibility of your proposed strategic shift, alignment with sustainability principles, impact assessment, risk management strategies, and the overall quality of your presentation