Audit of B-Corporation

The purpose of this assignment is to engage in a detailed and thorough examination of a Certified B-Corporation that claims to have a strong commitment to CSR and/or Sustainability. The venture you choose must be listed here: http://www.bcorporation.net/community/find-a-b-corp (or you must have documented evidence that they were only recently certified and will soon be added to the site– as approx. 10 new ventures are added each week). Note that these Case Studies (http://bimpactassessment.net/case-studies) are really informative, but if you choose one of these ventures, please be careful not to lean too heavily on what’s written here rather than doing your own research. Part 1 1. Describe and critique the company’s core business model. What are its key components? Is it well-conceptualized? How original or innovative is it? 2. How innovative, risk-taking, and proactive is this venture? Position the company in the entrepreneurial grid (see: https://www.dropbox.com/s/lr90ncztpoj7gzh/entrepreurialgrid_for_auditassignment.doc?dl=0 (Links to an external site.). Characterize its entrepreneurial intensity, and discuss whether you think this is an appropriate level of entrepreneurial intensity. 3. Does the company set innovation goals? Do these cover product and process innovation? 4. How market-driven is this enterprise? Draw implications. 5. What are the critical resources that they require, in your opinion, to effectively capitalize on the key opportunities confronting them today. 6. Has their strategy for identifying and obtaining resources changed over time? Do they attempt to own or to leverage resources? Do any of these resources provide a sustained source of competitive advantage? How well have they managed this? Are they now more resource-driven than opportunity-driven or vice versa? 7. At the present time, what are the core competencies of the venture? How do these relate to the original business concept? 8. Critique the structure of the company. In what ways does it support or constrain entrepreneurship? Is it flat? How does the organizational structure encourage or discourage innovation by employees? 9. Look at the way in which the company evaluates and rewards employees. Are the appraisal and reward systems encouraging entrepreneurial behavior? Explain why or why not. 10. What kind of culture does the company have? What are the key values? How are these reinforced? How strong is the culture? Is it supportive of entrepreneurship? 11. Is failure tolerated in this company? In what ways? How do they learn from failures? 12. Identify two innovation champions in the company. Why do you think they are champions? 13. What is the most entrepreneurial thing the company has done in the past two years? 14. What do you see as the major challenge facing this venture today? Part 2: Using the Checklist created by Patagonia (see: https://www.dropbox.com/s/i2ew211ue2cs645/checklist_from_patagonia.xls?dl=0 (Links to an external site.)), analyze the venture you chose using each of the categories (tabs) in the Checklist (note that it is not necessary to answer ALL of the questions for each category, but you should try to answer a number of them and then summarize your findings as you respond to #15-19 below: 15. Business Health 16. Workers 17. Customers 18. Community 19. Nature Part 3 20. Conclusion: Spend some time reflecting on what you’ve learned about the Certified B-Corporation you chose to examine for this assignment. What did they score on their B-Impact Assessment (http://bimpactassessment.net/ (Links to an external site.)), note that the Report score is listed for each Certified B-Corporation in their corporation profile, here: http://www.bcorporation.net/community/find-a-b-corp In summary, what are their strengths, weaknesses, opportunities and challenges/threats when it comes to being both innovative & sustainable? single-spaced, in 10-12 point . arial or times new roman font.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *