Business cannot operate without the people who are its stakeholders, and the social and human capital that they provide. This course builds on MGMT2001 to give students a deeper understanding of the interrelationship between business and its social stakeholders, and how that relationship is best managed by business. Topics include defining and managing the relationship with stakeholders; and building, capturing value from, and protecting social capital.

On satisfying the requirements for this course, students should have the knowledge and skills to:

• Analyse the interrelationship between an business and its social stakeholders by applying appropriate theories, models, and/or frameworks ;
• Formulate appropriate policies and strategies to manage the interrelationship between business and its social stakeholders that enable outcomes that are both economically and socially sustainable; and
• Communicate these policies and strategies both in writing and orally to stakeholders to engender business support for socially-sustainable outcomes.

Proposed assessment:

Final exam (30%)

Group written project (20%)

Group oral presentation (10%)

Seminar preparation assignments (30%)

Seminar participation (10%).

3 hours class contact plus 7 hours private study per week

Prerequisite: MGMT2001 Corporate Sustainability

Please see the Course Website