MAN 5075 Green Growth as Competitive Advantage

MAN 5075 Green Growth as Competitive Advantage

Course code: 
MAN 5075
Leadership and Organizational Behaviour
Course coordinator: 
Per Espen Stoknes
Course name in Norwegian: 
Grønn vekst og konkurransekraft
Product category: 
Executive Master of Management
2023 Autumn
Active status: 
Level of study: 
Teaching language: 
Course type: 
Associate course

With companies such as Tesla, Novo Nordisk, Unilever, Skanska, Vestas, IKEA, Scatec Solar and Storebrand, the green growth agenda has gained momentum. International institutions such as the OECD, EU-Commission, UNEP, World Bank, WBCSD and GGGI has also pushed the opportunities of the coming green shift towards 2050. Since the British economist Sir Nicholas Stern’s (2006) report, there has been increasing economic arguments in favor of bold environmental measures as profitable and smart rather than simply as costs. Such statements have nevertheless been contested, and the economic results variable. Further it has been unclear what exactly green growth and circular economy entails. But such debates have sparked new research, practices and reporting on what green growth is and how to precisely distinguish greenwashing from genuine green growth. 

Norwegian and Scandinavian companies and institutions have in any case already started the shift towards circular economy and a strategy for greener business development. Also unions and public agencies have started calling for more green jobs and procurement. This program will give participants the necessary competencies and skills to move from rhetorics about green economics into informed practice in Nordic organisations.  The focus will be on green business models and strategy, accounting and measurements, innovation and leadership. Participants will get the tools necessary to succeed with implementing the practices of green economics for growth and profitability.

Learning outcomes - Knowledge
  • have advanced knowledge on green economics, particularly in long term trends in digitalisation, internationalisation, global resource use and planetary boundaries
  • have thorough understanding of green strategy, circular economy, innovation and integrated accounting
  • have advanced knowledge on tools for  organisational change toward greener business, organisation and scenarios.
  • have advanced knowledge about regulations of green procurement, innovation and taxation for green growth
Learning outcomes - Skills
  • be able to analyse and implement all stages in a green strategy analysis and reporting
  • be able to analyse and communicate green innovations and their profitability in a way that attracts investments
  • be able to analyse profitability of green growth projects for companies and society
  • be able to analyse central theories and methods within the field and independently apply them to problem solving
  • be able to develop guidance for tailored green, integrated accounting and reporting for own company / industry
General Competence
  • can execute and lead transition to greener economic value creation in both public and private sectors
  • can independently continue their own competence development and specialisation
  • can contribute to discourse relevant to the discipline of green economics both among specialists and to the public
  • can contribute to new thinking and to innovation processes
Course content

Module 1) The challenges of Green Growth (4 days)
-Introduction to Green Growth: Definitions, Current trends - future scenarios
-How big is the green economy in Norway, EU, globally?
-Green jobs & green growth in the main sectors: buildings, transport, energy, industry, public sector
-Defining "Green Economics" (Green vs Environmental vs. Ecological Economics)
-"Greenwashing: When is green a fraud?
-Circular economy and radical resource productivity - is decoupling possible?
-Leadership and motivation in the Green Economy
-Ideology and motivation: are "sustainability" and profit compatible?

Group learning process:
-Use tools to analyse how green is my job and my business? How green is our industry?
-Exploring motivation and ethics of leadership

Module 2) Green Business Innovations, (4 days)
-The innovation process in a Green Economy framework:
-Funding of green innovations: trends and pitfalls
-Entrepreneurship and intrapreneurship: from seed to growth stage – the psychological challenges
-Are "green investments" more profitable short or long-term?
-Social entrepreneurship
-Tackling Cultural and Organisational inertia: the decision-making challenge

Group learning process:
-Develop Smart Green ideas - make business models for innovations
-Identify existing elements of green strategy in own companies

Module 3) The Big Picture - and the long term future
-Understanding the next 40 years
-Climate change drivers: how serious is it?
-Earth System Science: seeing the connections in the world’s ecosystems
-Will we see a broad attitude shift in favour of green policies?
-Poverty alleviation and green economy
-Will human creativity and innovation be sufficient?

Group learning process:
Develop stunt scenarios for society and self


Module 4) Green Accounting for the 21st century
-Current legal requirements for green reporting and future trends
-Tools for assessing social and environmental impacts: Cost-Benefit Analysis, Life Cycle Analysis, Environmental Impact Assessment, ISO14001
-New approaches in accounting: Green accounting, critical accounting
-What is value and the challenges of measuring it
-What is natural capital? Valuing Ecosystem Services
-The Three Capitals approach
-The science of well-being and measurements of quality of life

Group learning process:
-Perform an energy audit of your company,
-Calculating Greenhouse Emission per Value Added

Module 5) Green strategies: implementing the theory in practice
-The Green executive and environmental management
-How to make a green strategy?
-Green ethics - corporate ethics
-Eco-labelling and environmental management systems (ISO etc)
-Policy strategies for enabling the transition: overcoming the obstacles (procurement, perverse subsidies, taxes etc)
-Nudging and behavioural economics for greening consumers
-Profiting on green economy in the Nordic countries

Group learning prosess: develop green business plans / projects for own companies/projects at specific strategic levels:
1) Outreach, 2) compliance, 3) greener operations, 4) supply chain, 5) product portfolio, 6) business models.

Teaching and learning activities

The programme is conducted through five course modules over two semesters, a total of approx. 150 lecturing hours.

Project tutorials differ in each Executive Master of Management programme. It will consist of personal tutorials and tutorials given in class. Generally the students may expect consulting tutorials, not evaluating tutorials. The total hours of tutorials offered is estimated to 4 hours per term paper.

Please note that while attendance is not compulsory in all programmes, it is the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ itslearning or other course materials.

The students are evaluated through a term paper, counting 60% of the total grade and a 24 hours individual home exam counting 40%. The term paper may be written individually or in groups of maximum three persons. All evaluations must be passed to obtain a certificate for the programme. 

The term paper is included in the degree’s independent work of degree, cf national regulation on requirements for master’s degree, equivalent to 18 ECTS credits per. programme. For the Executive Master of Management degree, the independent work of degree represents the sum of term papers from three programmes.

In all BI Executive courses and programs, there is a mutual requirement  
for the student and the course responsible regarding the involvement of the student's experience in the planning and implementation of courses, modules and programmes. This means that the student has the right and duty to get involved with their own knowledge and practice relevance, through the active sharing of their relevant experience and knowledge.

Software tools
No specified computer-based tools are required.

Bachelor degree, corresponding to 180 credits from an accredited university, university college or similar educational institution. The applicant must be at least 25 years of age and at least four years of work experience. For applicants who have already completed a master’s degree, three years of work experience are required.


Deviations in teaching and exams may occur if external conditions or unforeseen events call for this. 

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Form of assessment:
Written submission
Exam code:
MAN 50751
Grading scale:
Grading rules:
Internal and external examiner
Examination when next scheduled course
60No2 Semester(s)Group/Individual (1 - 3)Term paper, counting 60% of the total grade.
Exam category:
Form of assessment:
Written submission
Exam code:
MAN 50752
Grading scale:
Grading rules:
Internal and external examiner
Examination when next scheduled course
40No24 Hour(s)Individual Individual 24 hours home exam, counting 40% of the total grade.
Exam category:Submission
Form of assessment:Written submission
Grouping (size):Group/Individual (1-3)
Duration:2 Semester(s)
Comment:Term paper, counting 60% of the total grade.
Exam code: MAN 50751
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam category:Submission
Form of assessment:Written submission
Grouping (size):Individual
Duration:24 Hour(s)
Comment:Individual 24 hours home exam, counting 40% of the total grade.
Exam code: MAN 50752
Grading scale:ECTS
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
Student workload
150 Hour(s)
Prepare for teaching
150 Hour(s)
Student's own work with learning resources
500 Hour(s)
Self study, term paper and exam
Sum workload: 

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 30 ECTS credit corresponds to a workload of at least 800 hours.