CSR Beyond the Mainstream - Session 1
39 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which area primarily utilizes foresight to shape research, technology, and innovation policies?

  • Foresight for research
  • Foresight for business
  • Citizen entrepreneurship
  • Foresight for policy-making (correct)

    • What is the overarching goal of foresight as described in the text?

  • To analyze historical data exclusively.
  • To maintain the status quo of current strategies.
  • To predict the future with certainty.
  • To influence the future strategically. (correct)

    • Which actors are involved in the process of creating shared visions and strategies for the future?

  • Citizen entrepreneurs and policy-makers exclusively.
  • Researchers and policy-makers exclusively.
  • Solely foresight experts.
  • A combination of citizen entrepreneurs, researchers, and policy-makers. (correct)

    • Which of the following is NOT an application area explicitly mentioned for foresight?

    <p>Academic Research (B)</p> Signup and view all the answers

    What conviction underlies the actions taken based on foresight?

    <p>The future can be influenced strategically. (B)</p> Signup and view all the answers

    Which factor does not directly contribute to the increasing relevance of ESG challenges?

    <p>The increasing role of governmental oversight in corporate governance. (C)</p> Signup and view all the answers

    Which factor is LEAST crucial when initially identifying stakeholders for a project?

    <p>Those who have the same ethical values as the organization. (D)</p> Signup and view all the answers

    How does digitalisation contribute to the rising relevance of ESG challenges?

    <p>By increasing transparency of irresponsible actions and introducing new ESG concerns. (B)</p> Signup and view all the answers

    What is a consequence of the rising scope and scale of corporate activities?

    <p>Firms taking over domains previously managed by governments. (C)</p> Signup and view all the answers

    When categorizing stakeholders as 'primary', what distinguishes them from 'secondary' stakeholders?

    <p>There is a high degree of interdependence, where the organization and the stakeholder affect each other. (A)</p> Signup and view all the answers

    Which scenario illustrates the rising scale and scope of corporate activities influencing ESG challenges?

    <p>A multinational corporation controlling a significant portion of the world's water supply. (D)</p> Signup and view all the answers

    An organization's 'sphere of influence' is MOST directly determined by which factor?

    <p>The sources from which the organization derives influence, such as ownership, economic relationships, and legal authority. (B)</p> Signup and view all the answers

    Which of the following actions would be LEAST effective in managing stakeholders in a project?

    <p>Prioritizing the needs of stakeholders with the most financial investment in the project. (D)</p> Signup and view all the answers

    What is the primary role of 'planetary boundaries' in the context of ESG challenges?

    <p>To represent the environmental limits within which humanity can safely operate. (A)</p> Signup and view all the answers

    What is the ultimate goal of stakeholder management?

    <p>To ensure all stakeholders are satisfied, well informed and heard. (A)</p> Signup and view all the answers

    Which learning pathway emphasizes collaborative creation and engagement with diverse perspectives?

    <p>Interact (C)</p> Signup and view all the answers

    What should students primarily rely on for exam preparation regarding concepts covered exclusively in lectures?

    <p>Lecture slides and bonus resources (C)</p> Signup and view all the answers

    Within the course structure, what is the primary function of the 'Think' learning pathway?

    <p>To place acquired knowledge into a broader context. (A)</p> Signup and view all the answers

    Which of the following is the best description of an 'efficient' manager?

    <p>A manager who minimizes resource waste in operations. (B)</p> Signup and view all the answers

    Which activity is specifically mentioned to occur within Part I of the session, focusing on defining managerial success?

    <p>World Café (B)</p> Signup and view all the answers

    Which of the following combinations represents key terms presented in Part II, regarding CSR management?

    <p>Managerial competencies, planetary boundaries, stakeholders, and social-ecological systems. (C)</p> Signup and view all the answers

    What is the most accurate interpretation of the 'Act' learning pathway within the course structure?

    <p>Purposefully applying acquired knowledge to real-world scenarios. (D)</p> Signup and view all the answers

    Considering the resources used by operations managers detailed in the course introduction, what distinguishes an effective manager from other management styles?

    <p>Achieving desired outcomes and strategic objectives through management practices. (C)</p> Signup and view all the answers

    In the context of systems thinking, what does it mean to look for the 'process' behind what people say, rather than just the 'content'?

    <p>To consider the communication style, hidden assumptions, and unsaid aspects influencing their statements. (C)</p> Signup and view all the answers

    According to the provided text, what is the primary constraint imposed on a player's moves in the described chess game?

    <p>Figures are connected by rubber bands, restricting independent movement of single pieces. (A)</p> Signup and view all the answers

    What does the concept of figures being 'surrounded by fog that obscures their identity' likely represent in a complex system?

    <p>Missing or unclear information about system elements. (A)</p> Signup and view all the answers

    How does the described chess game exemplify the impact of mistaken assumptions in complex situations?

    <p>Players sometimes have incorrect understanding of the rules, influencing strategies. (B)</p> Signup and view all the answers

    What is the essence of 'becoming a systems thinker' when encountering a problem?

    <p>Exploring interconnected factors and perspectives instead of fixating on isolated elements. (C)</p> Signup and view all the answers

    In the context of systems thinking, why is it essential to continuously seek evidence that both confirms and challenges your theories?

    <p>To refine your understanding and avoid the pitfalls of confirmation bias. (B)</p> Signup and view all the answers

    What distinguishes a systems thinking approach from a traditional problem-solving approach when considering an issue?

    <p>A systems thinking approach seeks to understand the underlying processes and interconnectedness of factors contributing to the issue. (D)</p> Signup and view all the answers

    What systemic principle is best exemplified when a move by one player affects all players and all figures?

    <p>Interdependence (C)</p> Signup and view all the answers

    Which of the following is the primary reason corporations engage with external sustainability policies?

    <p>To navigate the complexities introduced by diverse stakeholder perspectives, thereby gaining legitimacy. (A)</p> Signup and view all the answers

    What is the most significant role of the government in the context of corporate sustainability?

    <p>To ensure fair and competitive markets, shaping corporate behavior towards sustainability. (C)</p> Signup and view all the answers

    How does the inclusion of the natural environment fundamentally alter corporate sustainability analysis?

    <p>It necessitates the integration of ecological risks and impacts into corporate decision-making processes. (D)</p> Signup and view all the answers

    What is the most strategically impactful outcome for businesses that successfully integrate corporate sustainability into their operations?

    <p>Enhanced brand reputation and consumer loyalty in sustainability-conscious markets. (D)</p> Signup and view all the answers

    Which consideration would be most important for governments which are trying to shape corporate sustainability?

    <p>Establishing clear, enforceable standards that address market failures. (B)</p> Signup and view all the answers

    How do societal expectations directly influence the development and implementation of corporate sustainability initiatives?

    <p>They shape the legitimacy and scope of these initiatives, influencing how corporations address sustainability issues. (A)</p> Signup and view all the answers

    What is the most transformative potential benefit of incorporating diverse stakeholder expertise into corporate sustainability strategies?

    <p>Generating innovative solutions that address complex sustainability challenges. (A)</p> Signup and view all the answers

    Beyond ecological concerns, how does the inclusion of the 'Natural Environment' in corporate sustainability analysis affect business strategy?

    <p>It demands businesses to internalize environmental externalities and account for long-term ecological consequences. (A)</p> Signup and view all the answers

    Flashcards

    ESG Challenges

    Environmental, social, and governance issues affecting firms globally.

    Corporate Activity Scope

    The increasing size and influence of corporations on global production and services.

    Digitalisation

    The process of converting information into a digital format, increasing transparency and scrutiny.

    Public Scrutiny

    Increased public awareness and evaluation of corporate behaviors and practices.

    Signup and view all the flashcards

    Global Governance

    The framework of international rules and standards to manage global issues.

    Signup and view all the flashcards

    Stakeholder

    Individuals or groups that can influence or are influenced by an organization.

    Signup and view all the flashcards

    Stakeholder Management

    The process of ensuring all stakeholders are satisfied, informed, and heard.

    Signup and view all the flashcards

    Identifying Stakeholders

    The step of determining who deserves or requires attention from the organization.

    Signup and view all the flashcards

    Primary Stakeholders

    Stakeholders with interdependence to the organization; both affect and are affected by each other.

    Signup and view all the flashcards

    Sphere of Influence

    The range of people and factors that can affect an organization’s decisions or activities.

    Signup and view all the flashcards

    Foresight

    A strategic approach to predicting and influencing future developments.

    Signup and view all the flashcards

    Foresight for business

    Application of foresight to shape business strategies and influence market trends.

    Signup and view all the flashcards

    Foresight for policy-making

    Using foresight to develop effective research, technology, and innovation policies.

    Signup and view all the flashcards

    Foresight for research

    Guiding research strategies by anticipating future trends and innovations.

    Signup and view all the flashcards

    Shared visions in foresight

    Collective future goals developed through foresight practices.

    Signup and view all the flashcards

    Chess Figures and Links

    In chess, each figure is interconnected by rubber bands, limiting movement to collective actions.

    Signup and view all the flashcards

    Impact of Moves

    Every action by a player affects all other players and figures in the game.

    Signup and view all the flashcards

    Independent Movements

    Players can make independent moves without knowing the intentions behind others' actions.

    Signup and view all the flashcards

    Fog of Identity

    Some pieces are hidden in ambiguity, causing players to make mistaken assumptions about their role.

    Signup and view all the flashcards

    Systems Thinking

    Consider multiple influences and systems rather than attributing blame.

    Signup and view all the flashcards

    Seeking Perspectives

    Instead of asserting you know the answer, seek other perspectives on the issue.

    Signup and view all the flashcards

    Evidence Seeking

    Constantly seek both confirming and challenging evidence for your theories.

    Signup and view all the flashcards

    Focusing on Processes

    Look at the processes leading to statements rather than the content itself.

    Signup and view all the flashcards

    CSR

    Corporate Social Responsibility involves companies taking responsibility for their impact on society and the environment.

    Signup and view all the flashcards

    Managerial Success

    The achievement of organizational goals while effectively utilizing resources and leading people.

    Signup and view all the flashcards

    Managerial Competencies

    Skills and attributes required for effective management, including communication, decision-making, and leadership.

    Signup and view all the flashcards

    Corporate Sustainability

    The integration of social, environmental, and economic concerns in business practices.

    Signup and view all the flashcards

    Social-Ecological Systems

    Integrated systems composed of social and ecological elements that are interdependent and interactively affect one another.

    Signup and view all the flashcards

    Sustainability Policies

    Guidelines set by corporations to promote environmental and social responsibility.

    Signup and view all the flashcards

    Legitimacy in Business

    The perception of business practices as acceptable, appropriate, and credible by society.

    Signup and view all the flashcards

    Society's Role

    Society provides expectations and norms that influence corporate behavior.

    Signup and view all the flashcards

    Planetary Boundaries

    Limits that define a safe operating space for humanity concerning Earth’s environmental systems.

    Signup and view all the flashcards

    Government's Influence

    Government acts as a regulatory body ensuring market functionality and societal welfare.

    Signup and view all the flashcards

    Corporate Sustainability

    Business practices that create long-term consumer and employee value while making minimal impact on the environment.

    Signup and view all the flashcards

    Natural Environment Consideration

    Incorporating ecological aspects into corporate sustainability strategies.

    Signup and view all the flashcards

    Business Agendas

    Strategies developed by corporations for achieving sustainability and innovation.

    Signup and view all the flashcards

    Ecological Trends

    Alarming environmental issues (e.g., biodiversity loss, climate change) influencing corporate practices.

    Signup and view all the flashcards

    Study Notes

    CSR Beyond the Mainstream - Session 1 Notes

    • The course is titled CSR Beyond the Mainstream, Session 1: Managing responsibly: The basics, taught by Dr Berill Blair.

    • The course structure is outlined as "Know, think, act, interact"

    • Know: expand knowledge bank

    • Think: put learned material into context

    • Act: engage with knowledge purposefully

    • Interact: connect, collaborate, and co-design with others

    • Visual cues for the course information are explained

    • The icons on slides represent concepts covered in lectures only; lecture slides and bonus resources are best sources for exam preparation

    • The 11 sustainable development goals (UN) are highlighted to help connect course content to the SDGs.

    • The "Think" icons indicate learning pathways that focus on competency mastery. The "Know" label is not used to avoid confusion.

    • Session 1 is about defining managerial success and competencies in a systemic context through activity: World Cafe & CSR management in practice: introduction.

    • Key terms for the session include: managerial competencies, responsible leadership, social-ecological systems, sphere of influence, stakeholders, planetary Boundaries and corporate sustainability.

    • The operations input-process-output model (Walley, 2017) is introduced. Management input resources, managing processes (flow, design, planning, scheduling, etc.), and managing outputs (products, customer satisfaction, costs, environmental impact, etc.) are shown.

    • Responsible management is the link between input, process, and outputs. Efficiency and effectiveness are key managerial elements in responsible management.

    • Efficiency and effectiveness as responsibility include evaluating the creation of value and the avoidance of harm in achieving goals, with a focus on stakeholders.

    • Responsible management requires competencies in various areas.

    • The learning pathways include spatial-temporal links, futures literacy, social-ecological thinking, stakeholder innovation, ethical and responsible leadership, and people, process, and participation.

    • Social-ecological systems involve the intertwined relationships between human and natural elements. A system is defined as a whole and its related and connected parts.  

    • Social-ecological systems involve the interwoven relationship between people, societies, culture, and the environment. Ice cellars in Alaska are a key example of this social-ecological system.

    • The course is designed using the 'know, think, act, interact' learning pathways.

    • Corporate sustainability rests on the changing nature of the relationship between business, nature, and society.

    • Sustainability is presented as the heart of responsible management. Sustainability is future-oriented but actions and policies are present-oriented.

    •  Foresight is important for responsible decision-making related to sustainability.

    • Corporate Sustainability Models, stakeholders (primary and secondary) & their categorization, stakeholder management steps including who are your stakeholders and what do they want, and various sources to locate stakeholders are presented.

    • The slides explain different types of systems, including social, economic, and environmental, and how they relate.

    • A World Cafe activity is presented as a way to explore the meaning of responsible management.

    • The session aims to give participants an understanding of the elements of CSR, how to think about responsible management in practice, and to explore, experiment, and improvise as part of managing responsibly.

    • Key takeaways from Chapter 1-2 of the textbook include that corporate sustainability is affected by the relationships between business, society, nature, and government, that these relationships have been changing historically, and that issues are outlined through the ESG and SDG frames.

    • The slides present factors that are changing the context of businesses, nature, and society (e.g. increasing relevance of ESG challenges; digitalization and datafication; rising scope and scale of corporate activities; globalization and the lack of global governance).

    • The Planetary Boundaries Framework is described with a focus on the safe operating limitations for the Earth system. This presents the five major environmental transgressions (deforestation, climate, biodiversity, biogeochemical flows, and novel entities) as key issues in corporate sustainability.

    • The Sustainable Development Goals (SDGs) are also prominent topics presented with specific targets regarding poverty, hunger, health, education, gender equality, water, etc.

    • Key concepts of the CSR include the definition of strategic foresight, the importance of responsible management in relation to sustainability, and the role of various stakeholders.

    • Activity flow for the World Café is given to help participants define their understanding of responsible management. Included are group formations, roles, and discussion rounds.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    CSR 2025 Session 1 PDF

    Description

    This quiz covers the core concepts from Session 1 of the CSR Beyond the Mainstream course, focusing on responsible management practices. Learn about the various pathways of knowledge acquisition and engagement through the structured framework of Know, Think, Act, and Interact. Additionally, the session emphasizes the connection to the 11 sustainable development goals set by the UN.

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser