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Madhu Viswanathan

This course will explore current challenges and opportunities facing firms in the area of environmental sustainability. It will begin with an introduction to sustainability, with a particular focus on how environmental sustainability is relevant to business. Topics such as unsustainable consumption/consumer behavior, market research on sustainable product design , and sustainable value chains and communications will be covered. We will also cover the bottom-up approach in terms of immersion, emersion, and design as applied to sustainable business enterprise. The course concludes with a summary of insights on global challenges in business, with particular focus on poverty and the environment.

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This course will explore current challenges and opportunities facing firms in the area of environmental sustainability. It will begin with an introduction to sustainability, with a particular focus on how environmental sustainability is relevant to business. Topics such as unsustainable consumption/consumer behavior, market research on sustainable product design , and sustainable value chains and communications will be covered. We will also cover the bottom-up approach in terms of immersion, emersion, and design as applied to sustainable business enterprise. The course concludes with a summary of insights on global challenges in business, with particular focus on poverty and the environment.

You will be able to:

• Understand the importance of sustainability for business

• Analyze specific topics including consumer behavior, market research, product design, value chains and communications using the sustainability lens in business

• Design solutions and develop enterprise plans for sustainable business initiatives

• Apply the bottom-up approach for sustainable business initiatives in varied contexts

This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.

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What's inside

Syllabus

Course Orientation
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
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Module 1: Sustainability and Consumption
This first module begins with an introduction to sustainability. The various dimensions of sustainability are examined, with particular focus on how environmental sustainability is relevant to business. The module provides an overview of sustainable business practices through discussion and examples. Unsustainable consumption and motivations for sustainable consumer behavior will be covered. You will do a parallel project on the same topic as in the first course, but for higher-income segments in emerging markets or advanced economies. The module will focus on finalizing a specific need, geography, and beneficiaries for this project.
Module 2: Sustainable Product Design and Market Research
This module focuses on understanding how to conduct market research in the arena of sustainability. It also covers how to develop sustainable products. The bottom-up approach in terms of immersion, emersion, and design as applied to sustainable business enterprise is covered. A parallel project focuses on designing a core and augmented solution and an ecosystem.
Module 3: Sustainable Value Chains and Communications
This module covers how sustainable offerings are delivered and communicated. It also covers topics in sustainable finance and accounting. A case analysis is used to bring out unique issues with sustainability and business. The parallel project involves the final presentation of a problem, opportunity, solution, ecosystem, enterprise plan, and outcomes.
Module 4: BOTTOM-UP ENTERPRISE
This module summarizes the course on sustainable business enterprises focusing on business, environmental, and social sustainability. It then covers a bottom-up perspective on emerging markets. It also summarizes the two courses on sustainable global business horizons focusing on global challenges in business, with particular focus on poverty and the environment. Finally, the module covers the unique approach employed here in terms of bottom-up immersion, design, innovation, and enterprise. A parallel project stream compares and contrasts the enterprise plans in the two courses and the learning from focusing on subsistence marketplaces for the purposes of upward innovation, i.e., how innovation for subsistence marketplaces influences innovation from subsistence marketplaces.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Examines a wide variety of environmental sustainability topics relevant to business
Taught by instructors who are recognized for their expertise in environmental sustainability
Develops skills in analyzing and addressing environmental sustainability challenges in business
Provides a comprehensive understanding of the role of environmental sustainability in business
Requires students to engage in practical exercises and projects, applying environmental sustainability principles to real-world business scenarios

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Reviews summary

Sustainable enterprise well-received

Learners say that Sustainable Business Enterprises is a well-prepared course that they describe as engaging and insightful. While some learners say that the content can be repetitive, many found the comprehensive assignments and practical information on sustainability to be particularly useful. Students say Professor Viswanathan did a great job teaching the course, especially as a follow-up to Sustainable Innovation in Subsistence Marketplaces.
Students say the assignments are comprehensive and helpful for learning.
"assignments at every level that help to gauge better learning"
"The content was easy to grasp and really is fruitful in further learning endeavors"
Learners say the course is engaging and insightful.
"A very enriching and interactive course"
"Very useful and insightful"
"I really enjoyed learning"
Learners say the course provides useful, practical information on sustainability.
"E​xcellent course, i really enjoyed it!!V​ery useful on a daily basis"
"This course equips me with a practical framework for identifying"
Professor Viswanathan is well-received by learners.
"Prof. Viswanathan did a great job"
"Excellent course, I really enjoyed it"
Some students say that the course content is repetitive.
"The course is repetitive"
"same thing over and over and over and over and over again"

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Sustainable Business Enterprises with these activities:
Follow online tutorials on sustainable business practices
This activity will provide you with an introduction to the concepts of sustainable business.
Show steps
  • Search for online tutorials on Coursera or YouTube
  • Watch the tutorials and take notes on the key concepts
Review the book 'Environmental Sustainability for Business' by Madhu Viswanathan
This activity will provide you with the foundational knowledge of the concepts of this course.
Show steps
  • Purchase the book 'Environmental Sustainability for Business' by Madhu Viswanathan.
  • Read the book thoroughly and take notes on the key concepts
  • Summarize the key concepts of the book in your own words
Seek out mentors who have experience in sustainable business
This activity will provide you with access to valuable insights from experienced professionals.
Browse courses on Sustainable Business
Show steps
  • Identify potential mentors within your network or through online platforms
  • Reach out to potential mentors and request their guidance
Five other activities
Expand to see all activities and additional details
Show all eight activities
Attend workshops on sustainable business practices
This activity will expose you to a variety of perspectives on sustainable business.
Show steps
  • Search for upcoming workshops in your area
  • Register for and attend the workshop
  • Take notes and engage in discussions during the workshop
Collaborate with fellow learners on problem sets
This activity will help you engage the concepts of the course with others.
Show steps
  • Reach out to classmates and arrange a meeting
  • Organize roles and prepare the discussion topics
  • Attend the meeting and actively participate in the discussion
Volunteer with an organization that focuses on environmental sustainability
This activity will provide you with practical experience in the field of sustainability.
Show steps
  • Identify organizations that align with your interests
  • Reach out to the organizations and inquire about volunteer opportunities
  • Attend volunteer orientation and training
  • Participate in volunteer activities and contribute to the organization's mission
Develop a plan for implementing sustainable practices in a business
This activity will allow you to apply the concepts of the course to a real-world scenario.
Show steps
  • Identify a business that is interested in implementing sustainable practices
  • Research sustainable practices that are relevant to the business
  • Develop a plan that outlines the steps that the business can take to implement the sustainable practices
  • Present the plan to the business and get their feedback
Compile your notes, assignments, and readings into a single document
This activity will help you better retain the information you learn by organizing it in a structured way.
Show steps
  • Gather all your notes, assignments, and readings
  • Organize the materials into a logical order
  • Create a table of contents or index

Career center

Learners who complete Sustainable Business Enterprises will develop knowledge and skills that may be useful to these careers:
Sustainability Consultant
Sustainability Consultants advise businesses on how to operate in an environmentally sustainable way. This course provides the foundation for understanding the importance of sustainability for business, analyzing specific topics including sustainable product design, value chains and communications, and designing solutions for sustainable business initiatives. The course's focus on both environmental sustainability and business practices makes it particularly relevant for those seeking a career as a Sustainability Consultant.
Environmental Engineer
Environmental Engineers work to solve environmental problems, including pollution control and natural resource management. This course provides a strong foundation for understanding the environmental challenges that businesses face and how to address them through sustainable business practices. The course's coverage of sustainable product design and value chains is particularly relevant for those seeking a career as an Environmental Engineer.
Sustainability Manager
Sustainability Managers are responsible for developing and implementing sustainability strategies for their organizations. This course provides the knowledge and skills needed to understand the importance of sustainability for business, analyze specific topics including consumer behavior, market research, and product design, and design solutions for sustainable business initiatives. The course's focus on both environmental sustainability and business practices makes it particularly relevant for those seeking a career as a Sustainability Manager.
Sustainability Analyst
Sustainability Analysts research, analyze, and report on environmental, social, and economic sustainability performance. This course provides a strong foundation for understanding the principles of sustainability and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as a Sustainability Analyst.
Corporate Social Responsibility Manager
Corporate Social Responsibility Managers are responsible for developing and implementing corporate social responsibility strategies for their organizations. This course provides a strong foundation for understanding the principles of corporate social responsibility and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as a Corporate Social Responsibility Manager.
Environmental Scientist
Environmental Scientists study the environment and work to solve environmental problems. This course provides a strong foundation for understanding the environmental challenges that businesses face and how to address them through sustainable business practices. The course's coverage of sustainable product design and value chains is particularly relevant for those seeking a career as an Environmental Scientist.
Environmental Policy Analyst
Environmental Policy Analysts research, analyze, and report on environmental policy issues. This course provides a strong foundation for understanding the principles of environmental policy and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Policy Analyst.
Environmental Educator
Environmental Educators teach people about environmental issues and how to protect the environment. This course provides a strong foundation for understanding the principles of environmental education and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Educator.
Environmental Journalist
Environmental Journalists write and report on environmental issues. This course provides a strong foundation for understanding the principles of environmental journalism and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Journalist.
Environmental Lawyer
Environmental Lawyers represent clients in environmental cases. This course provides a strong foundation for understanding the principles of environmental law and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Lawyer.
Environmental Planner
Environmental Planners develop plans to protect the environment. This course provides a strong foundation for understanding the principles of environmental planning and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Planner.
Environmental Economist
Environmental Economists study the economic aspects of environmental issues. This course provides a strong foundation for understanding the principles of environmental economics and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Economist.
Environmental Health Scientist
Environmental Health Scientists study the health effects of environmental pollution. This course provides a strong foundation for understanding the principles of environmental health science and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Health Scientist.
Environmental GIS Analyst
Environmental GIS Analysts use geographic information systems (GIS) to study environmental issues. This course provides a strong foundation for understanding the principles of environmental GIS and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental GIS Analyst.
Environmental Compliance Specialist
Environmental Compliance Specialists help businesses comply with environmental regulations. This course provides a strong foundation for understanding the principles of environmental compliance and how to apply them to business practices. The course's coverage of sustainable product design, value chains, and communications is particularly relevant for those seeking a career as an Environmental Compliance Specialist.

Reading list

We've selected 13 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Sustainable Business Enterprises.
Argues that businesses can gain a competitive advantage by investing in environmental sustainability. It provides a framework for businesses to develop and implement sustainable strategies.
Provides a practical guide to designing sustainable products and services. It covers topics such as life cycle assessment, materials selection, and end-of-life planning.
Provides a guide to marketing sustainable products and services. It covers topics such as greenwashing, sustainable branding, and social marketing.
Provides a comprehensive overview of the challenges and opportunities of sustainability. It covers topics such as climate change, poverty, and inequality.
Argues that businesses can profit by serving the needs of the poor. It provides examples of businesses that are successfully doing so.
Provides a comprehensive overview of the history of extinctions. It argues that we are currently experiencing a sixth mass extinction, and that this extinction is caused by human activity.
Argues that capitalism is facing a number of challenges, including environmental degradation, inequality, and technological change. It discusses the possible futures of capitalism and what we can do to shape the future of the system.
Provides a new framework for thinking about economics. It argues that we need to move beyond the traditional focus on GDP and instead focus on creating a sustainable and just economy.
Provides a comprehensive overview of the solutions to climate change. It covers topics such as renewable energy, energy efficiency, and sustainable agriculture.
Argues that the COVID-19 pandemic has created an opportunity to reset the global economy and create a more sustainable and just future.
Provides a guide to implementing the Sustainable Development Goals. It covers topics such as poverty, hunger, health, education, and climate change.
Argues that we need to move beyond the traditional focus on profit and instead focus on creating a mission-driven economy. It provides examples of businesses that are successfully doing so.
Provides a comprehensive overview of the circular economy. It covers topics such as product design, business models, and policy frameworks.

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