m06: Environmental and social impacts - and 'Integrated Reporting'
... how we interact with the outside world
Every organisation impacts the wider society and the environment in which it operates, and most want to act responsibly. Large companies must report on those impacts through "Integrated Reporting".
Established standards explain the external inputs that any business needs - financial, manufactured, intellectual, human, social and environmental - and the outcomes caused by its activity. But we need to specify, quantify and connect these elements to the business system itself if we are to understand and manage them.
This course shows just how a business system actually works, and exactly how it impacts on social and environmental factors. A working model of a manufacturing business shows exactly how this can be done.
What is this mini-course about?
Split into bite-size lessons, this 1-hour mini-course:
... explains how reporting standards' frameworks explain social and environmental impacts
... sets out how the business system itself actually works and exactly how it causes those external impacts
... demonstrates a model for a real-world manufacturing business that quantifies those changing impacts
The course ends with an offer for our full course on how to build dynamic models, which includes access to working models
Who is the course for?
Senior leaders – who want to understand and manage the impact that their organisation has on other stakeholders and the wider society, and its impact on the environment.
Analysts and consultants – who want to support those leaders with rigorous and practical models that actually play out the organisations impact on society and the environment.
Course Curriculum
Kim Warren
Kim is an experienced strategy professional, teacher and publisher of online courses and teaching resources on business modeling – fast becoming a main-stream capability for executives, consultants and business students. He also offers resources to help model non-business challenges, notably in health-care and international aid.
After senior corporate strategy roles, Kim joined London Business School, to teach on MBA and Executive programs. To overcome serious limitations with standard strategy methods, he developed the powerful strategy dynamics modelling method for designing and managing strategy for any organisation or challenge. Once a specialist skill, building these simulations is now easier, faster and more reliable than spreadsheet modeling. Such models mimic real-world behaviour and performance of businesses and other organisations with uncanny realism.
Kim is author of the prize-winning Competitive Strategy Dynamics (Wiley, 2002), a major strategy textbook Strategic Management Dynamics (Wiley, 2008), and summary e-book now widely used in MBA and executive teaching – Strategy Dynamics Essentials (Kindle, 2011). He is also co-founder of Strategy Dynamics Ltd, which publishes "serious games" and online courses exploiting the user-friendly modelling application, Silico.
