New Models of Business in Society Course

New Models of Business in Society Course Course

This course offers a compelling exploration of how businesses can be a force for good while remaining profitable. It's ideal for professionals seeking to align business objectives with societal impact...

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9.7/10 Highly Recommended

New Models of Business in Society Course on Coursera — This course offers a compelling exploration of how businesses can be a force for good while remaining profitable. It's ideal for professionals seeking to align business objectives with societal impact.

Pros

  • Taught by renowned faculty from the University of Virginia's Darden School of Business.
  • Applicable insights for both established professionals and aspiring entrepreneurs.
  • Flexible schedule accommodating working professionals.
  • Emphasis on real-world applications and case studies.

Cons

  • Requires a foundational understanding of business concepts.
  • Some theoretical concepts may need additional research for practical application.

New Models of Business in Society Course Course

Platform: Coursera

Instructor: University of Virginia

What will you in the New Models of Business in Society Course

  • Understand emerging business models that integrate societal impact with profitability.

  • Explore concepts like corporate responsibility, philanthropy, shared value, and sustainability.

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  • Apply stakeholder theory to create value for customers, employees, suppliers, communities, and shareholders.

  • Develop business ideas that are both profitable and beneficial to society. 

Program Overview

1. Business in Society: The Problem
Duration: 1 hour

  • Examine the traditional narrative of business focused solely on profit.

  • Identify flaws in this dominant story and the need for a new approach.

  • Discuss the global financial crisis as a catalyst for change 

2. Corporate Responsibility, Philanthropy, and Building Sustainable Value
Duration: 1 hour

  • Explore the roles of corporate responsibility and philanthropy in modern business.

  • Understand how businesses can build sustainable value beyond profits.

  • Analyze the interplay between capitalism and societal well-being. 

3. Creating Value for Stakeholders
Duration: 1 hour

  • Learn about the stakeholder approach to business.

  • Understand how to create value for all stakeholders, not just shareholders.

  • Examine real-world examples of stakeholder-centric business models. 

4. Becoming a Stakeholder Entrepreneur
Duration: 1 hour

  • Discover how to develop business ideas that align profit with societal benefit.

  • Explore the concept of stakeholder entrepreneurship.

  • Plan actionable steps to implement stakeholder-focused business strategies. 

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Job Outlook

  • Corporate Strategist: Integrate stakeholder theory into business strategies.

  • Sustainability Consultant: Advise organizations on sustainable practices.

  • Social Entrepreneur: Launch ventures that address societal challenges profitably.

  • CSR Manager: Lead corporate social responsibility initiatives.

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