21874 Governing in Complex Systems8cp
There are course requisites for this subject. See access conditions.
This subject examines best practice management and oversight in the face of new priorities and challenges for 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 institutional theories and applied to that candidates understand and consider how to navigate the complexities of the global regulatory, legislative and political systems, including understanding the economic functioning of markets. The subject also develops candidates' knowledge and understanding of areas of law relevant to the modern business environment such as business entities, sale of goods, consumer protection, agency and property, and the commercialising and licensing of Intellectual Property. Candidates are expected to develop sufficient working understanding of the areas of law to which they are introduced to be able to advise on resolving problems and planning strategies. The central theme is the conflicting obligations and expectations faced by managers and board directors as they deal with emerging ‘soft law’ issues and the legal obligations that frame their operating fields. The subject explores the sustainability imperative and how to manage this complex agenda within organisations, the role and responsibilities of the Board, and the core principles of corporate governance law and regulation.
Detailed subject description.