CEMS2110 Sustainability Transition and Business (5 cr)
Description
Content
Current megatrends and socio-technical change factors (e.g. globalization, servitization, digitalization), which formulate business environment. Multi-disciplinary concepts and discourses related to sustainability transition such as green growth, (knowledge-based) bioeconomy, circular economy and service-based economy. Mainline approaches to the socio-technical change (e.g. transition management, strategic niche management, multilevel perspective). Introduction of the industry life cycle concept. New business potential and change management (incl. resources and innovations) in organizations. Global, regional and sector/company level case examples of sustainability transition. Brief introduction to foresight approaches. Group assignment by applying backcasting approach.
Completion methods
Contact teaching course. Autumn semester, 1st period. The stydy methods of the contact teaching course are specified in the study program annually.
Assessment details
Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.
Learning outcomes
-identify prevailing change factors and key concepts related to sustainability transition
-explain and reflect main approaches to socio-technical change
-describe industry life cycle concept
-explain and give examples about new business potential created by current megatrends
-understand change management practices and resources
-understand basic principles of foresight studies
-produce group assignment by applying backcasting approach