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Unit of study_
SMBA6123: Shared Value and Inclusive Business Models
2024 unit information
Public expectation is shifting, with society calling upon business to contribute to solving the global challenges of our time - from environmental issues such as climate change to social problems including economic inequality and slavery. The concept of 'shared value' is gaining momentum, whereby organisations aim to solve such issues profitably, generating value for both shareholders and society. This unit of study provides students with the tools and frameworks to assist businesses of the future create long term shared value and positive impact. Through case studies, students develop perspectives on creating shared value in practice, including understanding the role of purpose, culture, governance, innovation and partnering for collective impact, and the emergence of ESG reporting and investing as a market factor reinforcing these themes. Students are exposed to international human rights principles and relatedframeworks and explore ways to develop inclusive business models and practices that create long-term shared value. Students are challenged to think creatively and expansively, incorporating and integrating learnings from a broad range of disciplines as well as theories and frameworks from other MBA units such as systems thinking, change management, effective collaboration, partnering and ethical decision making.
Unit details and rules
Managing faculty or University school:
Business (Business School)
| Study level | Postgraduate |
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| Academic unit | Management Education |
| Credit points | 6 |
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Prerequisites:
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None |
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Corequisites:
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SMBA6001 |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. Describe the regulatory environment and emerging societal trends which are driving the focus on value creation.
- LO2. Identify drivers, business models, and other internal and external factors which can limit value creation and can cause negative human rights and environmental impacts as well as potential remediation actions to address these impacts.
- LO3. Identify inclusive business models which can positively address the problems of our time and create value for all.
- LO4. Analyse how investors use ESG performance as a driver and indicator of shareholder value.
- LO5. Collaboratively apply theories, frameworks and case studies to develop creative and innovative business models and strategies to achieve shared value. Persuasively communicate goals and solutions to internal and external stakeholders.
Unit availability
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