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1. Competitive strategy
- Prof. Robert Grant
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2. The resource-based view of strategy
- Prof. Robert Grant
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3. Strategy and sustainability: 6 'P's for socially responsible strategy
- Prof. Jean-Pascal Gond
- Prof. Andre Spicer
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4. Engineering the risk out of uncertain but high potential investments
- Prof. Ian MacMillan
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5. Creative industries strategy
- Prof. Simone Ferriani
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6. Multinational strategy: an overview
- Prof. Stephen Tallman
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7. Alliances
- Prof. William Mitchell
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8. Corporate-level strategy
- Mr. Andrew Campbell
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9. Scenarios and strategy
- Prof. Paul J. H. Schoemaker
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10. What are business models?
- Prof. Charles Baden-Fuller
Printable Handouts
Navigable Slide Index
- Introduction
- Overview
- Lakehouse
- Closing the gap between training and employment
- Strategy as purpose
- Outline
- Rethinking the purpose of strategy
- The shareholder value model and the critique of CSR (1)
- Friedman's assumptions
- The shareholder value model and the critique of CSR (2)
- Shareholder value is a result
- Toward a stakeholder approach (1)
- Toward a stakeholder approach (2)
- CSR strategy as perspective
- CSR and strategy as perspective: redefining the mission and values of the corporation (1)
- CSR and strategy as perspective: redefining the mission and values of the corporation (2)
- CSR strategy as plan
- CSR strategy as plan: the case of Marks & Spencer
- CSR strategy as plan: reconsidering the role of social responsibility in strategic planning (1)
- CSR strategy as plan: reconsidering the role of social responsibility in strategic planning (2)
- CSR strategy as plan: reconsidering the role of social responsibility in strategic planning (3)
- CSR strategy as position
- CSR strategy as position: creating a sustainable competitive advantage through CSR (1)
- CSR strategy as position: creating a sustainable competitive advantage through CSR (2)
- Inside-out analysis
- Outside-in analysis
- CSR strategy as position: creating a sustainable competitive advantage through CSR (3)
- CSR strategy as ploy
- CSR strategy as ploy: non-market strategy and manipulation through CSR
- Multinational corporations involved in developing CSR standards
- CSR strategy as pattern
- CSR and strategy as pattern: strategising CSR, embedding CSR into strategy (1)
- CSR and strategy as pattern: strategising CSR, embedding CSR into strategy (2)
- Overview of the 6 'P's framework
- Conclusion
This material is restricted to subscribers.
Topics Covered
- Wealth and poverty in London
- Lakehouse company
- Closing the gap between training and employment
- Rethinking the purpose of strategy
- The shareholder value model and the critique of corporate social responsibility – Milton Friedman’s assumptions
- Shareholder value is a result, not a strategy – Shareholder vs. stakeholder view
- CSR and strategy as perspective – CSR and strategy as plan
- Marks & Spencer – CSR and strategy as position
- Inside-out analysis (Porter and Kramer 2006)
- Outside-in analysis (Porter and Kramer 2006) – CSR and strategy as ploy
- Unilever and the Marine Stewardship Council
- CSR and strategy as pattern – “Energy-Corp”
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Talk Citation
Gond, J. and Spicer, A. (2021, February 26). Strategy and sustainability: 6 'P's for socially responsible strategy [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved December 21, 2024, from https://doi.org/10.69645/OQLA5458.Export Citation (RIS)
Publication History
A selection of talks on Global Business Management
Transcript
Please wait while the transcript is being prepared...
0:00
Prof. Spicer: Welcome to this lecture on strategy and sustainability.
My name is Andre Spicer,
I'm a professor at Cass Business School,
and I'm here with my colleague
Jean-Pascal Gond, who's also a professor at Cass.
0:13
In this lecture, we're going to look at one of the biggest challenges
which many businesses face today when formulating strategy,
which is the question of how do they develop a strategy which allows
the business to be sustainable and faces global challenges.
We're going to look at ways in which companies can do
this, and how they can begin to formulate a strategy which
will help a company not only to be competitive,
but to serve broader social and environmental goals.
Cass Business School sits on the edge of East London and
on the edge of the financial district of the City of London.
It's in a really interesting place,
on the one hand we have probably one of the richest parts of the world
with highest value of real estate and billions of pounds/
billions of dollars traded every single day.
On the other side, we have one of the poorest areas of not just London,
but the rest of the UK.
Every day we see this big gap between absolute wealth,
which is generated through business and trading,
and the absolute poverty of the City of London.
This got us thinking every day:
"How do these two things exist and how do they work side-by-side?
Are they simply two worlds which don't see each other,
or can they come together in some way?"
1:26
One person who we did see bringing
these two worlds together was a builder called Steve Rawlings,
who was an East End builder,
his father was an East End builder,
he grew up in the East End
in Wanstead in London.
In 1981, he founded a building company which was called Lakehouse.
This building company was typical of most building companies in the area,
they slowly built up from a house in Wanstead with a small group of
employees, and they began focusing their efforts on two particular sectors.
One was affordable housing
(people who are relatively poor are often provided by social housing),
and the second sector was buildings for
public sector organisations such as education, schools, etc.
This business built up from very small and humble beginnings at
a house in Wanstead,
to today where there are 540 employees with a turnover of 154 million pounds.
An important part of this story is
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