Sustainable Business Enterprises

University of Illinois at Urbana-Champaign via Coursera

Go to Course: https://www.coursera.org/learn/sustainable-business-enterprises

Introduction

### Course Review: Sustainable Business Enterprises on Coursera In an era where the intersection of business and sustainability has become crucial for survival and growth, "Sustainable Business Enterprises" on Coursera emerges as an essential course for anyone looking to deepen their understanding of how businesses can operate sustainably while still achieving profitability. #### Course Overview The "Sustainable Business Enterprises" course delves into the pressing challenges and opportunities that firms face concerning environmental sustainability. It offers a thorough introduction to the concept of sustainability and how it specifically relates to business operations. Through its comprehensive curriculum, the course addresses key topics such as unsustainable consumption, sustainable product design, value chains, and communications. Each module builds on the last, providing a well-rounded education in sustainable business practices. #### Course Syllabus Breakdown 1. **Course Orientation** The course begins with an orientation that familiarizes participants with the learning environment and establishes the technical skills needed for successful engagement. This initial step is crucial for learners to feel comfortable navigating the course materials and interacting with peers. 2. **Module 1: Sustainability and Consumption** This module introduces the concept of sustainability and its relevance to business. It covers the various dimensions of sustainability, focusing on unsustainable consumer behavior's role and motivations. Students will engage in a practical project aimed at identifying a specific need in higher-income segments, offering valuable insights into market dynamics. 3. **Module 2: Sustainable Product Design and Market Research** Participants dive into market research tailored to sustainability and learn how to design sustainable products. The module emphasizes a bottom-up approach, guiding students through immersion, emersion, and design processes. The parallel project helps solidify learning by applying concepts to real-world scenarios. 4. **Module 3: Sustainable Value Chains and Communications** This section focuses on how sustainable offerings are delivered to consumers. Topics such as sustainable finance and accounting practices are explored, alongside a case analysis of a business facing unique sustainability challenges. The module culminates in a comprehensive project presentation, demanding students to showcase their understanding of sustainability applications. 5. **Module 4: Bottom-Up Enterprise** The final module synthesizes knowledge gained throughout the course, concentrating on business, environmental, and social sustainability from a bottom-up perspective. It also discusses the implications of innovation within subsistence marketplaces, providing critical lessons on how businesses can tackle global challenges like poverty and environmental degradation. #### Review and Recommendations The "Sustainable Business Enterprises" course stands out for its structured approach and practical applications. The combination of theoretical knowledge and hands-on projects fosters deep learning, enabling participants to connect sustainability principles to real-world business scenarios effectively. The course's progressive structure ensures that learners not only grasp fundamental concepts of sustainability but also apply them in meaningful ways. This practical focus supports the development of competencies that are increasingly sought after in today's job market, where companies emphasize corporate social responsibility and sustainable practices. This course is highly recommended for business professionals, entrepreneurs, and students eager to integrate sustainability into their business strategies. It is particularly beneficial for individuals operating in emerging markets or those involved in product design and development. By understanding sustainable consumer behaviors and value chain innovations, participants can emerge as leaders in promoting sustainable business practices. In conclusion, whether you're looking to enhance your career prospects or simply expand your knowledge about sustainability in the business realm, Coursera's "Sustainable Business Enterprises" offers invaluable insights and practical skills that will empower you to make a positive impact in the field of sustainability.

Syllabus

Course Orientation

You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.

Module 1: Sustainability and Consumption

This first module begins with an introduction to sustainability. The various dimensions of sustainability are examined, with particular focus on how environmental sustainability is relevant to business. The module provides an overview of sustainable business practices through discussion and examples. Unsustainable consumption and motivations for sustainable consumer behavior will be covered. You will do a parallel project on the same topic as in the first course, but for higher-income segments in emerging markets or advanced economies. The module will focus on finalizing a specific need, geography, and beneficiaries for this project.

Module 2: Sustainable Product Design and Market Research

This module focuses on understanding how to conduct market research in the arena of sustainability. It also covers how to develop sustainable products. The bottom-up approach in terms of immersion, emersion, and design as applied to sustainable business enterprise is covered. A parallel project focuses on designing a core and augmented solution and an ecosystem.

Module 3: Sustainable Value Chains and Communications

This module covers how sustainable offerings are delivered and communicated. It also covers topics in sustainable finance and accounting. A case analysis is used to bring out unique issues with sustainability and business. The parallel project involves the final presentation of a problem, opportunity, solution, ecosystem, enterprise plan, and outcomes.

Module 4: BOTTOM-UP ENTERPRISE

This module summarizes the course on sustainable business enterprises focusing on business, environmental, and social sustainability. It then covers a bottom-up perspective on emerging markets. It also summarizes the two courses on sustainable global business horizons focusing on global challenges in business, with particular focus on poverty and the environment. Finally, the module covers the unique approach employed here in terms of bottom-up immersion, design, innovation, and enterprise. A parallel project stream compares and contrasts the enterprise plans in the two courses and the learning from focusing on subsistence marketplaces for the purposes of upward innovation, i.e., how innovation for subsistence marketplaces influences innovation from subsistence marketplaces.

Overview

This course will explore current challenges and opportunities facing firms in the area of environmental sustainability. It will begin with an introduction to sustainability, with a particular focus on how environmental sustainability is relevant to business. Topics such as unsustainable consumption/consumer behavior, market research on sustainable product design , and sustainable value chains and communications will be covered. We will also cover the bottom-up approach in terms of immersion, em

Skills

Reviews

Prof. Viswanathan did a great job teaching this class and it was a fantastic follow-up to the first course, Sustainable Innovation in Subsistence Marketplaces.

This is a very relevant, well-prepared/presented, and very educative course, I really want to appreciate Prof. Madhu, I will definitely take another course with you. Kind regards.\n\nDorothy

I have learnt so much!\n\nI have a better understanding of building and managing a sustainable business.

This course encouraged me to learn further about sustainable marketing . The course is well planned and I have enjoyed learning .

It was one of the best courses I have ever taken and I learned a lot.