OPIM-571 Environmentally Sustainable Operations and Business Models
Spring for 2015-2016
Faculty:
This course takes a holistic view of the interaction of operations and business models with the natural environment. There are many reasons why an organization would care about the interaction of their business with the environment. These include purely business-focused motivations such as potential cost reductions, liability or risk concerns, and ethical ones such as personal or institutional desire for stewardship. In this course, we will mostly utilize a business-oriented perspective by focusing on voluntary or economically-motivated sustainability considerations and initiatives. The course will cover various tools and frameworks that can aid managerial decision making in this context, and will introduce a broad range of environmental issues. We will focus mostly on the environmental dimension of sustainability, but also discuss the social dimension when relevant. Current issues such as global warming, e-waste, and social responsibility will be discussed in the context of a number of cases.

Main Topics covered:
1. Business Case for Environmental Sustainability
2. Life-Cycle Analysis, Eco-Efficiency and Eco-Effectiveness
3. Corporate Environmental Programs
4. Environmental Risk Assessment and Management
5. Green Innovation, Product and Market Development
6. Supply Chain Sustainability and Responsibility
7. Circular Economy and Closing the Loop
8. Novel Business Models for Sustainability
Credits: 1.5
Prerequisites: None
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