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The purpose of this assignment is to consider the dynamics in play in global business and the new rules shaping the business environment in which you’ll be building your career.
1. Read the two documents linked here for background. The first is a recap of the original purpose of corporations and the other is a Harvard Business Review 2019 article that links purpose and strategy
How America’s Corporations Lost their Public Purpose – Directors & Boards (feel free to explore The Purpose Debate section) SocialGoodUprooted.pdf
Put Purpose at the Core of Your Strategy Purpose_Strategy.pdf
2. Research and review 2-3 articles that explore significant changes in the current business environment. (See specific Library resources on page 12 of the syllabus, including contact information for the Librarian for the Business College.)
3. Write a 2-3 page, single-spaced paper about 3-5 important ‘new rules of business’. I’m not looking for a summary of what you read; rather, I’m looking for the conclusions you have drawn based on analysis and evaluation of business literature. The paper should address:
What are 3-5 rules that are shaping the future? (should be stated in 1 sentence)
What’s driving this evolution?
How are the new rules impacting multiple stakeholder? (shareholders are just one stakeholder)
How are these new rules influencing strategy and strategic management?
The paper should be 2-3 single-spaced pages, well- written, properly formatted, etc. Sources must be cited.