[SOLVED] Management in the “new” Sustainable Economy

Management in the “new” Sustainable Economy

Business: Toyota
Page count: 6-10 pages
The purpose of the consulting project is to provide detailed recommendations for an existing business (Toyota) to prepare or pivot to thrive in a “new” economy
You should think of the report as if it was made by a group of outside consultants (you) reporting to your client. You must find different types of reliable data to base your solutions on
This report should outline;
The history of the organization
The threats faced by the organization (in a given “new” economy)
The process used to collect data to design a solution (i.e. readings, interviews, reports, surveys, etc.)
Detailed recommendations for addressing threats based on emerging opportunities
Key limitations and next steps required by the business

Note that you should know that threats and opportunities are usually related to one another (i.e. a threat can be a source for a new opportunity).
In your analysis, you should especially concentrate on the concepts that are the focus of this class, this context is provided below. THINK CRITICALLY: I do not want to see everything reducible to issues of market share or profitability!

Criteria – VERY IMPORTANT
Report is grounded in data that was collected by the writer and is referenced appropriately. Report clearly demonstrates extensive efforts to collect data in design of solution.
(worth total of 10 pt)
Comprehensive and detailed elaboration of venture history and challenges faced.
(worth total of 5pt)
Recommendations are comprehensive, well thought out, reasonable and draw on class content. Outlines steps forward for venture.
(worth total of 10pt)
Document is well written and structured. Free of grammatical errors with clear headings and formatting. Referenced appropriately.
(worth total of 5pt)

Context of content:

What’s changing the economy and the nature of business and work?
The purpose of business and the corporation
Explore the purpose of the corporation; what does acting ‘in the best interest of corporation’ mean?
Understanding stakeholders and shareholders
Potential reading: “Is the public corporation obsolete in the US?”
Gerald F. Davis. Global Focus. https://www.globalfocusmagazine.com/public-
corporation-obsolete-us/
Climate crisis, economic inequality and capitalism
Potential reading on topic: Wright, C., & Nyberg, D. (2015). Climate Change, Capitalism, and Corporations: Processes of Creative Self-Destruction. Cambridge: Cambridge University Press. Chapter 1.

Changing nature of work(labour)
Potential reading on topic: Capital markets and job creation in the 21st century.” Gerald F. Davis. Brookings Institution. https://www.brookings.edu/research/capital-
markets-and-job-creation-in-the-21st-century/

Supply chains and distribution
Potential reading on topic: Kim & Davis. “80% of companies don’t know if
their products contain conflict minerals.” Harvard Business Review.
https://hbr.org/2017/01/80-of-companies-dont-know-if-their-products-contain-conflict-minerals

Government relations and regulations
Potential reading on topic: Bremmer, I. The Technopolar Moment: How Digital Powers Will Reshape the Global Order. Foreign Affairs

Capital, Investments, and Activism
Potential reading on topic: Liekefett. 2021. Shareholder activism and ESG: What comes next. https://www.reuters.com/legal/legalindustry/shareholder-activism-esg-what-comes-next-how-prepare-2021-06-14/

Innovation, Entrepreneurship, and Design
Potential reading on topic: Martin & Kemper. Saving the planet a tale of two strategies. Harvard Business Review.

Social Innovation:
Potential reading on topic: “Social Entrepreneurship: The Case for Definition”, by Martin & Osberg. Stanford Social Innovation Review, Spring 2007: http://www.ssireview.org/articles/entry/social_entrepreneurship_the_case_for_definition/

Digital Transformation:
Potential reading on topic: Are data more like oil or sunlight. https://www.economist.com/special-report/2020/02/20/are-data-more-like-oil-or-sunlight”

Degrowth and Alternatives to Capitalism:
Potential reading on topic:
Adler. 2019. The 99 percent Economy: How democratic socialism can overcome the crises of capitalism. Chapter 6.
Roulet, T. & Bothello. Why “Degrowth” Shouldn’t Scare Businesses. Harvard Business Review Management in the “new” Sustainable Economy