Title Responsible Business
Subtitle Making Strategic Decisions to Benefit People, the Planet and Profits
Author Annemieke Roobeek, Jacques de Swart, Myrthe van der Plas
ISBN 9780749480608
List price GBP 29.99
Price outside India Available on Request
Original price
Binding Paperback
No of pages 280
Book size 152 X 235 mm
Publishing year 2018
Original publisher Kogan Page Limited
Published in India by .
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
Status New Arrival
About the book
  
 

Reviews:

“The approach described in this must-read book, shows the benefit and necessity of making implicit assumptions on non-financial effects very explicit and visible.”

—Feike Sijbesma, CEO, DSM

 

“The strategic decision-making approach outlined in Responsible Business has enabled decision-makers in healthcare to practice what they preach: to care for employees who work in care.”

—Anouk ten Arve, Programme Manager, Stichting IZZ

 

“This is an excellent resource for businesses creating products to help others.”

—Daphne Jayasinghe, Chief Policy Adviser, International Rescue Committee, UK

 

“Thanks to the Responsible Business Model outcome NEMO Science Museum could approach Renzo Piano, the architect of the iconic NEMO building in Amsterdam, to design a new sustainable roof which he transformed into a unique city square.”

—Michiel Buchel, CEO, NEMO Science Museum

 

“In their stakeholder dialogue, board members of football clubs are now empowered to use fact-based evidence on their societal impact thanks to the guidance in this book”

—Ron Francis, CFO, KNVB (Dutch Football Association)


Description:

Until recently, profit has been the driving force for most business decisions. However, business leaders must now look more widely at their actions to assess the impact of these on people both inside and outside the organization as well as the environment. Responsible Business provides a seven step framework that eliminates internal bias and can be used to make decisions that increase profits, benefit staff and protect the environment as a whole. This means that personal values, ethics and morals can be aligned with business goals and overall company strategy.

Responsible Business will enable business leaders to answer questions including what values should be attached to financial and non-financial aspects of business decisions? How can these values be translated into concrete manageable actions? and which decisions best suit the strategic goals of the organization? Readers will have access to the business simulator tool which removes the complexity, ambiguity and stress of business decisions to allow leaders to manage the competing priorities in their organization and confidently make the best investment decisions for their business. With diverse case studies from organizations who have benefited from this approach, this book is essential reading for everyone needing to evaluate their investment decisions.


Contents:

Acknowledgements

About the authors

Preface

Chapter 1: Working towards a circular economy • From awareness to systems change • The rise of the notion of sustainability • Sustainability reflected in the use of standards • Circular economy approach • Circular economy in business practices • The Business Simulator and the circular economy • References

Chapter 2: The Business Simulator at the heart of strategic decision-making process • Step 1: Describing strategic challenge that requires a decision • Step 2: Defining key outputs • Step 3: Determining decision maker’s options • Step 4: Drawing up scenarios • Step 5: Constructing simulation model • Step 6: Evaluating options by assessing strategic priorities • Step 7: Evaluating options by assessing risk appetite • References

Chapter 3: Shared value as a framework for shaping strategy • The concept of shared value • No conflict between societal and economic objectives • Opting for sustainable business practices is a strategic choice • Towards shared value • Rolling out shared value through the Business Simulator • References

Chapter 4: Innovation and sustainability as catalysts for responsible growth • No alternative to sustainability • Sustainability as an incentive for the economy • The impact of sustainability on neoclassical business models • The consequences of sustainability and innovation for a circular economy • References

Chapter 5: Stakeholder management and interactivity in the decision-making process • Integrating stakeholder management into the business process • The importance of involvement and interactivity in decision-making processes • Interactive determination of key outputs • Complex issues require an interdisciplinary approach • Collaborative research for new insights and actionable results • References

Chapter 6: The combined methodologies of action research and data science • Action research as method • Action research to unleash collective intelligence • Data science in strategic decision making • Avoiding the pitfalls of spreadsheet modelling • Rolling out data science in strategic decision making via the Business Simulator • The added value of combined research methodologies • References

Chapter 7: Using the business simulator • Step 1: Describing strategic challenge that requires a decision • Step 2: Determining key outputs involving stakeholders • Step 3: Determining decision maker’s options • Step 4: Drawing up scenarios • Step 5: Constructing simulation model • Step 6: Evaluating options by assessing strategic priorities • Step 7: Evaluating options by assessing risk appetite • References

Chapter 8: Reducing greenhouse gas emissions • About DSM • About energy sourcing • The strategic decision-making process • Reflections • References

Chapter 9: Putting roof renovation in a strategic context • About Nemo • About renovating Nemo’s roof • The strategic decision-making process • Reflections • References

Chapter 10: Choosing between various waste collection systems • About Rimetaal • About sourcing waste collection systems • The strategic decision-making process • Reflections • References

Chapter 11: Creating a healthy and productive working environment • About IZZ • About sustaining employees • The strategic decision-making process • Reflections • References

Chapter 12: Quantifying the contribution of sports • About KNVB • About quantifying the value of sports • The strategic decision-making process • Reflections • References

Chapter 13: Responding to the refugee influx in Europe • About the refugee influx • Matching refugees with host municipalities • Using the business simulator to find the best allocation of budget for integration of refugees • The strategic decision-making process • Evidence in practice for mixed allocations • Reflections • References

Chapter 14: Attracting investment at a social enterprise • About Amplino • About malaria diagnosis • The strategic decision-making process • Reflections • References

Chapter 15: Conclusions • Business Simulator facilitates decision making for systems change • Overview of cases • Reflection and looking forward

Glossary

Abbreviations


About the Authors:

Annemieke Roobeek is Professor of Strategy and Transformation Management at Nyenrode Business Universiteit (Netherlands). She was previously Professor of Technology and Economics at Nyenrode and Professor of Complex Issues in strategy and policy at the University of Amsterdam.

Jacques de Swart is Professor of Applied Mathematics at Nyenrode Business University and partner within PwC, where he is responsible for the Data Analytics Group.

Myrthe van der Plas is a GARP certified Financial Risk Manager. She works within the Data Analytics Group of PwC and also teaches courses on Strategic Decision Making at several universities.


Target Audience:

This book is essential reading for everyone needing to evaluate their investment decisions.

 
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