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Laurie Prange

BADM460 -- Unit 5 Class Meeting

TOPIC = From Good Governance to Responsible Business Practices

Unit Learning Outcomes

• Assess the interdependence of corporations and society and the changing expectations and power of stakeholders
• Clearly and effectively communicate research, analysis, and findings
• Integrate prior learning to evaluate issues related to ethics, corporate social responsibility, corporate governance, sustainability, globalization and Indigenization as related to the role of business in society

Materials & Tools

• All the required computer technology for remote, synchronous classes

Learning & Teaching Strategies

Sequence #1 Focusing Activity = 15 minutes

• Discuss the meanings of the following quotation:
  Education is not preparation for life; education is life itself.
  Source: Dewey, J. (1916). Democracy and education: An introduction to the philosophy of education. WLC Books. p. 239.

Sequence #2 Responsible Business Midterm = 75 minutes

• To be an ethical, responsible manager or business person often requires applying a framework to your thinking. The one I've come to find the most helpful is the Responsible Business approach. It moves beyond and integrates all of the various approaches, including multiple ethical frameworks, CSR, and more. It's also a framework that helps to calculate the ROI on choices, which helps middle managers make the business case for decisions.
• For more information, see Roobeek, A. J. M., Swart, J. de, & Van der Plas, R. (2018). Responsible business : making strategic decisions to benefit people, the planet and profits. Kogan Page. Available as an e-book from the CapU Library
• Responsible Business (Prezi presentation) = https://prezi.com/view/3JRQZ3vtUxIbCvNlbO9E/
• Kahoot: "Responsible Business"
  Kahoot as an interactive re-cap and sparking of discussions http://kahoot.it

Sequence #3 Health Break = 5 minutes + 10 minutes

• Five Minutes of Movement
  https://youtu.be/L8YJreLYVLE

Sequence #4 Focusing Activity on Stakeholders = 15 minutes

• Stakeholders as a word is highly problematic. I use it, but only because I don't yet have a replacement. 
  Why do you think so many people don't like the word "stakeholder"?
• Sharfstein J. M. (2016). Banishing "Stakeholders". The Milbank quarterly, 94(3), 476–479 https://www.milbank.org/quarterly/articles/banishing-stakeholders/

Sequence #5 About Midterm on Stakeholders = 40 minutes

• CONTEXT 
  This course investigates the interdependence of business and society, particularly corporate social responsibility, business ethics, socially responsive management and managing in an ever-changing environment. The course is intended to increase the student's knowledge of the complex linkages between business and society. The course is also aimed at generating student awareness of the increasing scrutiny of business by society at large and what that means for business practices today.
• Introduction 
  This is a take-home mid-term assessment completed in groups of 3 students or less. You are to record a Pecha Kucha presentation persuading a particular stakeholder group to buy into a new initiative. Each group must choose a different stakeholder group while the initiative you are persuading people to join remains the same.
• This semester, your focus will be to present to the School of Business faculty what you think should be happening (i.e. the stakeholder engagement strategies) to better understand what Business students want during Covid times and to better meet student expectations (re communications, planning, changes, etc.)
• For your presentation, touch on the six parts of stakeholders: 
  1. About stakeholders 
  2. Stakeholder democracy 
  3. Stakeholder engagement 
  4. Stakeholder management 
  5. Stakeholder power 
  6. Stakeholder theory
• AUDIENCE Your audience is are all the faculty members in CSB
  i.e. Your audience is not the specific instructor who is doing the marking
• About the Images on each slide
  On each slide with an image, you need to have a small textbox giving the source of the image. Have you forgotten where you got the image? Do a reverse image look-up to retrieve the URL. https://www.businessinsider.com/google-reverse-image-search 
  Most slides should be images (with the source info), but there are times it makes sense that a slide has a few words 
  The goal here is to make a modern presentation that isn't text-heavy
• After uploading the recording, make sure to add the transcript to allow for Closed Captioning viewing of your video
• Kahoot Pecha Kucha video and quiz by another instructor  https://create.kahoot.it/share/pecha-kucha/83f8fd05-6858-45f2-ae4e-f925085c8023

Sequence #5 Class Closure = 20 minutes

• What is your To Do List to finish off this work?
  Top 2 priorities? Let's check in with Pear Deck and then make sure people have it in their calendar. I'll show you my Outlook calendar to see what I mean.

Student Learning Activities After Class Meeting

Passive Learning (e.g. reading, watching, etc.)

• Consult = Roobeek, A. J. M., Swart, J. de, & Van der Plas, R. (2018). Responsible business : making strategic decisions to benefit people, the planet and profits. Kogan Page. Available as an e-book from the CapU Library
• CONSULT = MacMillan, C. (2020). Sustainable Business Model Innovation: A Means to Societal and Economic Good for Canadian Businesses. International Management Review, 16(1), 32–41.
• WATCH = Stakeholder Reputation Research [Video 12:39] (2015). Seven Dimensions Films of Australia.
• Advice for Preparing a great Slide Deck
  Do you have limited time to view all these sources? Go in the order they're listed, starting with the most accessible. 
  
  - Fishkin, R. (July 6, 2012). Leveraging the power of slide decks to boost your SEO, Social + Content Marketing. MOZ. https://moz.com/blog/leveraging-the-power-of-slide-decks-to-boost-your-seo-social-content-marketing-whiteboard-friday 
  
  - Duarte, N. (November 2011). The secret structure of great talks. TEDx Talks. https://www.ted.com/talks/nancy_duarte_the_secret_structure_of_great_talks  - Savage, C. (September 12, 2017). 5 tips for creating an amazing slide deck. 24 Slides. https://24slides.com/presentbetter/5-tips-creating-amazing-slide-deck 
  
  - Duarte, N. (2010). Resonate : present visual stories that transform audiences. Wiley. Available in the CapU Lbirary
  
  - Duarte, N. (2015). Why I Write in PowerPoint. Harvard Business Review Digital Articles, 2–7. Available in the CapU Library

Active Learning (e.g. reflective learning journal, assignments, studying, etc.)

• If not yet submitted by the due date, finish the Case Study Analysis
• ACTIVELY READ AND TAKES NOTES FROM = Weiss, J. W. (2014). Business ethics : a stakeholder and issues management approach, sixth edition. Berrett-Koehler Publishers. Available as an e-book in the CapU Library