21874 Governing in Complex Systems8cp
There are course requisites for this subject. See access conditions.
Conceptualising business as a multi-scalar activity system, students are encouraged to explore new sustainable business models that generate value for the natural environment, society and the economy. This subject examines best practice management and oversight in the face of new priorities and challenges for firms, top teams and boards, resource constraints and other transformative trends, shifting stakeholder expectations, new thinking on concepts of organisational value and performance, and on the purpose of business itself. Analytical frameworks are introduced drawing from complexity and institutional theories and applied so that candidates understand and consider how to navigate the complexities of the global regulatory and co-regulatory and political systems. The central theme is the conflicting obligations and expectations faced by managers and board directors as they deal with emerging ‘soft law’ and voluntary compliance issues that frame their operating fields. The subject explores the sustainability imperative and how to manage this complex agenda within organisations, the core governing principles.
Detailed subject description.