Course 2017-2018 a.y.

Classes: 31 (II sem.)

Instructors:
Class 31: ANTONIO TENCATI

The long-term success of a firm and its capacity to generate sustainable wealth over time, and hence its long-term value, depend on the quality of its relationships with different stakeholders. In more detail, a company develops its activities through a stakeholder network, which affects and is affected by corporate behavior. Therefore, the concepts of sustainability and corporate social responsibility (CSR) are becoming more and more crucial. CSR could be defined exactly as innovation for sustainability, that is, innovation for the sustainable development of a firm and, more in general, of the socio-economic system in which a business operates. Thus, the CSR concept has a strategic value that should lead to rethink nature, purposes and behavior of companies. The Course aims at defining the CSR concept and identifying its implications for the business management in terms of

• Sustainability of value creation processes.
• Identification and engagement of different stakeholder groups.
• More comprehensive and collaborative governance systems.
• Innovative business models.
• New managerial solutions and new corporate performance evaluation and reporting methodologies capable of integrating and improving traditional economic measures.

The purpose of the Course is to build a new vision of business, management and managerial tools according to a sustainability -and responsibility- oriented approach, based on a stakeholder framework.
The Course adopts an international perspective, qualified managers and experts are involved and interactive teaching methodologies (case studies, movies and team work) are used.

• Overview focused on the concepts of sustainability, corporate social responsibility and accountability.
•  Business and corporate social responsibility: sustainable value creation processes.
• The stakeholder framework: a relational view of the firm.
• New management models and tools: strategic choices for the company in the society.
• The collaborative enterprise: innovative forms of collaboration supporting the stakeholder network sustainability.
• CSR and managerial tools: an overall assessment.
• Corporate performance measurement: social, environmental and sustainability performance evaluation and reporting.
• From the triple bottom line to a multi-stakeholder approach.

For attending students

• Readings, case studies and further materials are made available by the professors during the course.

For non attending students

• F. Perrini, A. TencatI (editors), Selected Readings, Milan, EGEA, 2018.