Leading in the 21 st century- New paradigms for globalizing world MGMT-E 152 Prof. Michael Pirson Class 3: October 1

Agenda  Housekeeping  Reflection on Readings  Environmental Sustainability  Toyota Prius  Leadership Lessons  Next Class

Schedule Overview Schedule Overview:  1) September 17 - Overview of the course- Setting the stage PART I- System level challenges 2) September 24 -System level challenge: Environmental and social sustainability 3) October 1 - System level challenge: Environmental sustainability 4) October 8 - System level challenge: Social sustainability 5) October 15 - Meeting System level challenges: Distilling and Applying Frameworks PART II- Organizational Level 6) October 22 - Organizational level challenges- Decreasing Stakeholder trust 7) October 29 - Organizational level challenges: Employee engagement- managing commitment 8) November 5 - Meeting organizational level challenges: Distilling and applying management frameworks PART III- Individual Level 9) November 12 - Individual challenges: Managing the self 10) November 19 - Social Entrepreneurship- managing the self, the organization and society 11) December 3 - Discussing Life entrepreneurship- Leading a meaningful life, leading others with purpose Presentations  12) December 10, Presentations  13) December 17, Presentations

Housekeeping  Assignments  Grading Check:  Follow outlined structure  reflecting on basic principles displayed in the reading  Cohesive argumentation, Clear reasoning Check +:  superior understanding of the concepts presented, displayed by a crisp argumentation for and against.  Involves own experiences, thoughts and critical reflection  Newsblog:

Reflection on Readings  Groups of 3 What did you take away from the readings?

Environmental Sustainability Definition?

Environmental Sustainability Definition Meeting the needs of the present without compromising the ability of future generations to meet their needs. Encompasses, e.g. keeping population densities below the carrying capacity of a region, facilitating the renewal of renewable resources, conserving and establishing priorities for the use of non-renewable resources, and keeping environmental impact below the level required to allow affected systems to recover and continue to evolve. (FAO)

Case: Toyota Prius Video: h_t-q-4 h_t-q-4 Overview of the Case Why is Toyota pursuing the Prius project?

Case: Toyota Prius What factors determine the success of the project? What challenges have to be overcome?

Case: Toyota Prius Should Okuda push for an acceleration of the project?

Case: Toyota Prius Evaluating Success

Leadership What lessons for leadership can we draw? Leadership in the 21 st century

Next Class 4) October 8 - System level challenge: Social sustainability Reading:  Profits with Principles- Seven Strategies for Delivering Value with Values, by Ira Jackson and Jane Nelson, Chapter 3, 4, 5, and 9 (principles 1, 2, 3, and 7).Ira JacksonJane Nelson  High Purpose Company: PART 4  Case: Bracnet (posted to Website)  Assignment: Prepare a one page reflection on the reading (elaborate on one point you agree with, and on one point you disagree with). Drop off on Course Website by Tuesday 7 pm