Podcast
Questions and Answers
What are the key areas encompassed in business continuity management with a focus on sustainability?
What are the key areas encompassed in business continuity management with a focus on sustainability?
The Triple Bottom Line (TBL) framework measures a business's success in two key areas: profit and planet.
The Triple Bottom Line (TBL) framework measures a business's success in two key areas: profit and planet.
False
What does ESG primarily evaluate in a company?
What does ESG primarily evaluate in a company?
performance and risk
The 4 pillars of business continuity are Prevention, Preparedness, Response, and ____. Fill in the blank.
The 4 pillars of business continuity are Prevention, Preparedness, Response, and ____. Fill in the blank.
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Match the following components of the Business Model Canvas with their descriptions:
Match the following components of the Business Model Canvas with their descriptions:
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Study Notes
Course Overview
- Course title: Business Continuity and Sustainability Management (EXC3679)
- Course objective: To provide insights into challenges and methods for business continuity, focusing on sustainability perspectives and challenges
Course Structure
- Part 1 (70%): Project assignment, deadline 12h00 on 22nd July, group/individual (1-3)
- Part 2 (30%): Individual home exam, 1 hour, including literature, lecture slides, and class discussions
Project Assignment
- Expected outcomes:
- Understand current business model and sustainability goals of a chosen company
- Develop a sustainable Canvas Business Model
- Gain insights into risk assessment and Business Continuity Management
- Learn to create and implement a Business Continuity Plan
- Improve crisis management and communication skills
- Enhance ability to work collaboratively to solve real-world problems
Sustainability
- Defined as the ability to maintain or support a process over time
- Focuses on the triple bottom line (TBL): Profit, People, and Planet
- ESG (Environmental, Social, and Governance) evaluates a company's performance and risk, balancing economic, social, and environmental considerations
Business Continuity Management (BCM)
- Implementing: Developing and implementing a BCM framework and concepts
- Focus on risk management, ISO standard, Supply Chain Risk Management, and the 4 pillars of business continuity (PPRR framework)
- Maintaining and improving: Resilience Management, reviewing and updating the BCM plan to improve resilience
Business Model Canvas
- Key components:
- Value Propositions
- Key Activities and Resources
- Key Partners and Suppliers
- Customer Segments
- Channels
- Cost Structure
- Revenue Streams
- Example: IKEA's Business Model Canvas
Icebreaker Activity
- Group task: Develop a business model using the Business Model Canvas for a chosen business type
- Presentation: Discuss what sustainability means for the chosen business model
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Description
Explore the challenges and methods of business continuity with a focus on sustainability perspectives and challenges. This course covers project assignments and individual home exams to test understanding.
