Sustainability & Business Development
Sustainability and growth strategies? What may seem contradictory at first glance makes sense upon closer examination. To achieve sustainable (in the sense of lasting) success, companies must take sustainability seriously.
Sustainability in all its facets–ecological, social, and economic–represents one of the greatest challenges companies will face in the future. This involves:
- changing customer expectations, as customers expect companies to recognize their responsibility toward the environment and people; they expect companies to take measures to make their business operations more sustainable
- CSRD obligations under ESRS standards, which specifically address the business model and its impact on the outside world;
- supply chain responsibility (LkSG in Germany, EU Supply Chain Act),
- banks’ sustainability ratings and credit assessments, which influence financing costs
- and, last but not least, issues of energy supply and the associated sharp rise in energy costs.
In addition to the resulting pressure for change, however, these developments also open up numerous opportunities for new, sustainable growth. Meaningful and efficient corporate development must therefore always be sustainable corporate development–“Sustainable Business Development.”
Sustainability in the Master’s Program
The topic of sustainability plays a central role in the curriculum of the “Business Development & Management” master’s program. Across a total of 6 modules, we address key issues related to sustainability. In addition, the other modules in the curriculum also explore economic, environmental, and social sustainability and their implications.
1st Semester
Business Development Roadmap
5 ECTS credits
1st Semester
Fundamentals of Sustainability
5 ECTS credits
2nd Semester
Business Model
Innovation
5 ECTS credits
2nd Semester
Product Lifecycle Management
5 ECTS credits
3rd Semester
Qualitative Business Growth
5 ECTS credits
3rd Semester
Business Development Practical Project
5 ECTS credits
You’re also welcome to write your master’s thesis on a sustainability topic. This will increase the number of ECTS credits earned in this area to 52–which accounts for 43% of your degree program. This is how you’ll develop your personal skill set in the field of sustainability!
"In the future, no company will be able to avoid addressing the issue of sustainability across a wide range of areas: It is transforming products and services, influencing customer needs, and reshaping supply chains and financing options. Only those who are attuned to global developments and understand business contexts will be well-prepared for the future of the economy. At the heart of our course is a critical examination of the fundamental changes brought about by sustainability, the identification of opportunities, and the application of these insights to one’s own personal and professional context."
Key Learning Content of the Modules
in the Sustainability Learning Path
Business Development Road Map (1st Semester)
- Strategic Business Development
- Market and Competitive Analysis
- Corporate Strategy,
- Business Unit Strategy, Strategic Marketing
- Agile Strategy Development
- Growth Strategies
- Business Development Roadmap
Fundamentals of Sustainability (2nd Semester)
- History and Fundamentals of Sustainability
- Global Change and the Policy Framework for Sustainable Development
- The Role of Business in Global Transformation
- Current Management Approaches to Business Ethics, Corporate Social Responsibility, Sustainability, and ESG Management
- Stakeholders as Partners in Transformation
- Regulatory Requirements for Sustainability and ESG Management: EU Taxonomy, Supply Chain Act, CSRD
- Integrating Sustainability into Processes: Supply Chain Management, Communication & Reporting, Controlling, Financing, Innovation, Marketing
- Initiating the Green Transition: Greenhouse Gas Accounting and Climate Strategy, Circular Economy, Resource Efficiency as Essential Elements of Environmental Management
- Sustainable Business Strategies and Models, Product Design
- Organizational Embedding
- Practical Examples
Business Model Innovation (2nd Semester)
- Business Model Frameworks
- Business Model Analysis
- Resilient Business Models
- Digitization of Business Models
- Sustainability of Business Models
- Business Model Development Process
- Business Model Innovation
Product Lifecycle Management (2nd Semester)
- Basics of life cycle concepts and their impact on the product life cycle
- PLM as an integrated IT system (Siemens Teamcenter)
- PLM as a strategic corporate concept
- Approaches to implementing PLM with a focus on sustainability
- Life Cycle Assessment—Possibilities and Effects
- Combining Life Cycle and Risk Assessment
- Strategic effects of PLM concepts and risk management analyses on supply chain design
Agile Mindset & Methods (2nd Semester)
- Fundamentals of Agile Principles and Values
- Agile Mindset and Its Implications for Organizations and Leaders
- Modern Agile Methods
- Agile Formats for Team and Project Work
- Collaboration and Communication in an Agile Context
- Agile Approaches in Selected Functional Areas
Qualitative Business Growth and Sustainable Leadership (3rd Semester)
- Qualitative Business Growth
- What Is Quality and Qualitative Growth?
- Product, Service, and Experience Quality
- Quality Management and Strategic Quality Approaches
- Quality of Work
- Quality Communication
- Developing a culture of quality
- Innovation Quality and Design Quality
- Case Studies on Qualitative Corporate Growth
- Qualitative Growth Strategies in Selected Companies
- Leadership Quality and Sustainable Leadership
- What Is Leadership Quality?
- Sustainable Self-Leadership (Developing a sustainable leadership mindset, building personal resilience, setting the right priorities)
- Sustainable Team Leadership (raising awareness and mobilizing employees toward goals of sustainability and qualitative business growth), developing employees and teams, constructively managing tensions and conflicts in growth and transition processes
- Developing sustainable leadership systems and resilient organizations (with examples of long-term, sustainability-oriented organizations)
Business Development Practical Project (3rd Semester)
- Structuring a practical project with a specific focus on business development
- Conducting the necessary analyses (company, markets, customers)
- Developing appropriate solutions based on the problem at hand (business models, marketing strategies, HR strategies, etc.)
- Defining the prerequisites required for project implementation within the company and any necessary changes or developments (organization, HR, procurement, service delivery, processes)
- Preparing and presenting the results in a format ready for decision-making
