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Course profile

Responsible Management for the Global Economy (MGTS3610)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Undergraduate
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

The course emphasises the importance of responsible management in a globalising economy. It helps students develop a critical understanding of different management and leadership styles from an ethical and socially responsible lens, with a consideration of stakeholder perspectives, legal and institutional frameworks. The course covers managing organisations in a global economy, cultural diversity, global connectivity, sustainability and corporate social responsibility. In this course, students consolidate their knowledge on leadership and management; develop a socially responsible perspective that considers the longer term sustainability of organisations as well as the society in which it operates; practice their reflective and analytic skills through active engagement with experienced organisational leaders; and develop a framework for lifelong employability.

Ethics has never been more important:ᅠWe live in a world that is fractured by conflicts and inequality and in which climate change has become an urgent and accelerating threat to mankind, edging closer to a point of no return. At the same time, and in response to the grand challenges of our time, we witness the rise of a purpose economy – better business solutions for a more inclusive and sustainable world. Managers and strategic leaders in organizations must have the ability to mirror the complexity around them while acting from a clearly articulated 'moral point of view'. Moreover, stakeholders expect from businesses to do better, and more. Thus, how and where to prioritize in a global environment of contested values becomes paramount - as well as a source of sustainable business success. This course helps student to investigate what should, and what should not be done, but more importantly whatᅠcouldᅠbe done to buildᅠinclusive and sustainable businesses for a better world.

More specifically, students gain an in-depth understanding ofᅠthe challenges of managing responsibly in a global economy, how to overcome cultural differences and ethical challenges, the role of purpose, the ethics of stake holding, modern slavery, and human rights, the role of responsible leadership, innovation, and decision-making, and the digital challenges for a global economy. Moreover, indigenous concepts of respect and responsibility will be investigated and how responsible management may help to shape sustainable futures.ᅠ The courseᅠhelps students to develop a critical understanding of different management and leadership styles from an ethical and socially responsible lens, with a consideration of stakeholder perspectives, and to form an integrative view ofᅠmanaging organisations in a global economy.

Course requirements

Prerequisites

You'll need to complete the following courses before enrolling in this one:

MGTS2603 and (BISM2201 or BSAN2201)

Course contact

Course staff

Lecturer

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Please note: Teaching staff do not have access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you email business.mytimetable@uq.edu.au from your UQ student email account with the following details:

Full Name

Student ID

Course Code

Aims and outcomes

This course aims at the development of a comprehensive and integrative view of responsible management for the global economy.

It addresses the main challenges of managing responsibly: how to become a responsible leader;ᅠhow to lead responsible across cultures; how to align different frameworks such as corporate social responsibility, political responsibility, business ethics, and ESG goals; the role of purpose in the global economy; how to manage stakeholder dialogue and conflicts; how to deal with human rights challenges; and how to foster responsible innovation for sustainable futures.

Students will develop a full-range view of responsible global management and build ethical awareness, develop ethical reflection skills, critical thinking about global issues pertaining to management challenges, creative problem-solving skills in the context of stakeholder conflict and ethical dilemmas, develop a global mindset, and enhance their ability to think systemically about the role of business - with a view to develop an integrative understanding of both the role and the responsibilities of leaders and organizations in the context of the global economy.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Demonstrate a comprehensive understanding of leadership and management theory.

LO2.

Apply theoretical principles to develop a socially responsible perspective that considers the longer-term sustainability of the organisation as well as the society in which it operates.

LO3.

Demonstrate an understanding of challenges faced by leaders in a global management context.

LO4.

Show an ability to critically evaluate leadership dilemmas from an ethical perspective.

LO5.

Demonstrate an ability to work in a team environment and help contribute to collective team output.

Assessment

Assessment summary

Category Assessment task Weight Due date
Reflection Stakeholder simulation reflection (individual) 30%

20/09/2024 5:00 pm

Presentation Team project presentation
  • Team or group-based
30%

22/10/2024 2:00 pm

Reflection Individual reflection paper 40%

8/11/2024 5:00 pm

Assessment details

Stakeholder simulation reflection (individual)

Mode
Written
Category
Reflection
Weight
30%
Due date

20/09/2024 5:00 pm

Learning outcomes
L02, L03, L04

Task description

Students reflect on the case experience in week 7 – up to one page on what were the challenges, what worked, what didn’t, what are the key learnings.

This assessment task evaluates students' abilities, skills, and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Team project presentation

  • Team or group-based
Mode
Activity/ Performance
Category
Presentation
Weight
30%
Due date

22/10/2024 2:00 pm

Learning outcomes
L03, L04, L05

Task description

Students team up in groups of 4 to 5. Teams will select a company case on responsible management and prepare a PPT presentation as a 5-10 minute video recording on their findings. A set of guiding questions will be provided in week 2.

This assessment task evaluates students' abilities, skills, and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Individual reflection paper

Mode
Written
Category
Reflection
Weight
40%
Due date

8/11/2024 5:00 pm

Learning outcomes
L01, L02

Task description

Students are asked to ‘connect the dots’ of the course by reflecting (a) on their key learnings, (b) on how the various themes of the course are connected, and (c) what this means – in their view – for a comprehensive perspective on responsible management for the global economy. 2000 words.

This assessment task evaluates students' abilities, skills, and knowledge without the aid of generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Tutorial

No tutorial in Week One (1)

Lecture

Introduction: Responsible Management

- How management shapes the global economy
- The grand challenges for corporations and the world
- Business for good?
- System thinking for a fractured world

Learning outcomes: L01, L02, L03

Week 2
Tutorial

Tutorial Week 2

Google & Levi s case studies

Learning outcomes: L01, L02, L03

Lecture

The Challenge of Diversity and Inclusion

-The diversity challenge
-When is different and when is different wrong?
-From difference to inclusion

Learning outcomes: L02, L04, L05

Week 3
Team Based Learning

Team project sessions

In week 3 teams gather to select a topic for the team presentations (MNCs). Students team up in groups of 4 to 5. Teams will select a company case on responsible management and prepare a PPT presentation as a video recording on their findings. A set of guiding questions will be provided in week 2

Learning outcomes: L02, L04, L05

Week 4
Tutorial

Tutorial Week 4

Unilever s path to sustainability

Learning outcomes: L02, L04, L05

Lecture

Responsible management of AI (Dr Caitlin Curtis)

Ethics and AI - Digital stewardship - Digital governance - Trust in AI

Learning outcomes: L01, L02, L03

Week 5
Tutorial

Tutorial Week 5

Patagonia case study

Learning outcomes: L02, L04, L05

Lecture

The Power of purpose

- Why purpose matters
- B-corps, Coop s, and the emergence of a purpose economy
- The idea of good dividends
- How managers think about the purpose of the firm

Learning outcomes: L01, L02, L03

Week 6
Tutorial

Tutorial Week 6

Prendo stakeholder simulation

Learning outcomes: L02, L04, L05

Lecture

Managing stakeholders for the global economy

- Stakeholder management a comprehensive view
- Principles of stakeholder dialogue
- Managing stakeholder conflict
- Managing stakeholders for the global economy

Learning outcomes: L01, L02, L03

Week 7
Tutorial

Tutorial Week 7

Shell Nigeria & modern slavery case studies

Learning outcomes: L02, L04, L05

Lecture

Business and human rights

- Business & human rights an ethical perspective
- The company as a citizen: Should global corporations act as agents of justice?
- The ethical tragedy of modern slavery
- Political CSR a shared responsibility

Learning outcomes: L01, L02, L03

Week 8
Tutorial

Tutorial Week 8

Anita Roddick

Learning outcomes: L02, L04, L05

Lecture

Responsible leadership

- The idea and foundations of responsible leadership
- The dark side of leadership
- the roles model of responsible leadership
- The leader as steward

Learning outcomes: L01, L02, L03

Week 9
Tutorial

Tutorial Week 9

Challenger launch case study

Learning outcomes: L02, L04, L05

Lecture

Responsible decision-making

- WEIRD managers and other biases
- the problem of ethical blindness
- Moral silence and the problem of weak will
- Why managers need moral imagination

Learning outcomes: L01, L02, L03

Mid Sem break
No student involvement (Breaks, information)

In-Semester Break

No Tutorial this week.

Week 10
Tutorial

Tutorial Week 10

Interface & Veja case studies
Monday 2 October - King's Birthday public holiday - please attend alternate Tutorial this week only.

Learning outcomes: L02, L04, L05

Lecture

Responsible innovation

- What is responsible innovation?
- From first to second-order solutions
- Risk management for the global economy
- Responsible management in the circular economy
Monday 2 October - King's Birthday Public Holiday - Pre-recorded lecture.

Learning outcomes: L01, L02, L03

Week 11
Tutorial

Tutorial Week 11

Weaponized deep fakes case study

Learning outcomes: L02, L04, L05

Lecture

Corporate Social Responsibility and ESG

- The history and idea of corporate social responsibility
- A full-range view of corporate responsibility
- For what, and to whom, is a manager responsible?
- Responsible governance

Learning outcomes: L01, L02, L03

Week 12
Tutorial

Tutorial Week 12

Case study tbd.

Learning outcomes: L02, L04, L05

Lecture

Respect & responsibility an Indigenous perspective

- Decolonizing management & CSR
- on the importance of new vistas
- Responsible management from an Indigenous perspective
- On living in the future s past

Learning outcomes: L01, L02, L03

Week 13
Tutorial

Tutorial Week 13

Industry guest from Aurecon: Dr Belinda Wade

Learning outcomes: L02, L04, L05

Lecture

Responsible management for sustainable futures

- Responsible management & climate change
- On the true meaning of sustainability
- Intergenerational justice
- Sustainable management practices

Learning outcomes: L01, L02, L03

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.