Climate Change Challenge Proposal
CLIMATE CHANGE CHALLENGE:
HOW CLIMATE CHANGE AFFECTS BUSINESS
The purpose of this individual climate change challenge is for you to obtain, firsthand, a closer look and understanding of the implications for business, society, and the world at large, in recognizing this reality. This project will make an attempt to summarize what is known about the causes, current impacts, and likely future consequences of climate change – if the world continues to ignore its state of severity. Through this project, you will have a chance to outline and debate about what should be done; and to explore the implications for the firm/organization and sector in the industry you choose.
Therefore, you would need to choose a company or non-profit organization whose operating model is already being significantly affected by climate change’s physical manifestations and/or related regulation, including threats and opportunities associated with mitigation and/or adaptation. Describe how the organization is directly affected, the steps the organization is taking (if any) to address those effects, and describe and justify what additional steps you think the organization should consider implementing.
Finally, make recommendations on how they should implement the changes needed.
For an initial analysis of the phenomenon, read the article (Henderson et al, 2017) about the Climate Change Challenge required of Harvard MBA students, and then visit the additional link so that you can read some of their blogs that describe what companies and non-profits are (or aren’t) doing to address climate change.
You will deliver a 5 pages document (including cover and abstract on same page, and last page as references for a total of 7 full pages), describing your proposal.
Visit the link below to obtain more ideas in order to get your project jump started. Enjoy the materials offered here.
https://hbswk.hbs.edu/item/more-than-900-examples-of-how-climate-change-affects-business
Instructions: Recommended Report Outline
Cover Page with Title of Project, Author Name and Contact Info, and abstract.
Abstract (1/2 page max):
Provide a brief, succinct statement of the purpose of your report, central issue, the methods of your data collection, and your key findings, conclusions, and recommendations.
A good overview/abstract provides a clear synopsis of your recommendations and includes a very brief statement on methodology used to justify your conclusions.
The overview condenses the entire report into a mini version for those who will not read the full report. Share an overarching question.
Brief Overview of Target Organization (1 page):
What is the nature of the business or service provided by the organization? What is its history and mission? How is this organization being affected by climate change?
Are Sustainable Development Goals (SDGs) being integrated in this firm? Are SDGs listed or presented in any of its CSR/Sustainability reporting? Are the SDGS being prioritized based on local demographic needs?
More specifically: does the firm/organization have a diversity and inclusion program in place? Is gender equity being addressed? What is the female manager count? What does the ethical climate look like? How do managers address ethics at work? Please be very specific here.
Diagnose the Organization (2 pages):
describe the climate change issue being faced by the focal organization; what the current strategic responsiveness have been, and any reported faces of change (Spector, 2013). If a sustainability program already in place, you can, in addition, draw on Benn et al (2019) Phase Models and Phases to understand where the organization is, in terms of integration models and level of engagement in CS.
Apply theory to practice (2 pages):
Based on your theoretical analysis, what course of action do you recommend that the organization take? Which strategic responsiveness (see Spector, 2013; from Building a vocabulary of change, to key theoretical approaches from any or a variety of chapters in the book) would you suggest this organization follow? What recommendations do you offer to raise its gender equality, ethics and inclusive programs?
Conclusion and Next Steps (1 page):
What do you foresee as the next steps the organization will need to make to move this project forward in the short term? What about the long term? What will be the major challenges and opportunities moving forward? Which phase model of integration do you now recommend the organization take, and why? (Benn et al 2019). Specifically, to the SDGs, which should be of concern to the firm/organization and why?
References: Please use APA or MLA for your citation and reference style. APA preferred.
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