MGMT 1000 Lecture Notes - Social Entrepreneurship, Spinach, Corporate Social Responsibility
Document Summary
Mgmt 1000 lecture notes: week 6-9 + 11. Linear thinking - breaking down a situation into a step by step solution. When we fin linear approaches to complex problems we create more problems because we miss a broader interconnection. Watch for: linear thinking dominating all kinds of decision making situations are so complex and changing that linear thinking doesn"t work. Holistic or systemic approaches need to be used. Linear thinking results from poor understanding of situations, political pressures, ignorance and lack of education in decision making. So, side effects ( bigger picture) are ignored. Vicious loops - destructive actions lead to more destructive actions. Corporate social responsibility is about the integration of social, environmental, and economic considerations into the decision-making structures and processes of business. Complying with the law but also by taking account of society"s needs and finding more effective ways to satisfy existing and anticipated demands.
