CBiS White Papers
The Centre for Business in Society examines the impact – good or bad – of organisations’ activities, behaviours and policies on society, to promote responsibility and changed behaviours for the benefit of economies and societies.
Here we offer a set of White Papers and Thought Pieces aimed to inform, spark debate and to showcase aspects of our research.
Dr. Lindsey Appleyard, Professor Sally Dibb, Dr. Hussan Aslam
The financial capability of adults across Europe is key to their financial wellbeing (European Union, 2015). Yet half of all adults in the UK are financially vulnerable, with little savings to rely on if they experience a financial shock such as redundancy, illness, or relationship breakdown (FCA, 2018). This paper examines the role of credit unions in improving the financial capability of their members, through the provision of financial education and resources for credit unions to support this process. The findings come from recent research at Coventry University that tested the effectiveness of practical education materials designed to improve financial resilience. Recommendations for credit unions are included through a series of action points. Details of a free-to-use MoneySkills app that offers money management guidance and provides an interactive budgeting tool are shared in the paper. This app can be personalized and used ‘on the go’ to improve credit union members’ ability to manage their money.
Professor Lyndon Simkin and Dr Kevin Broughton
Much has been discussed in the news headlines in recent months about the death of the High Street and the demise of the traditional town centre shopping area. Every High Street is struggling to find tenants for empty and disused shop units, some of which are large former variety stores and even larger department stores. Online shopping, changing leisure habits and new consumer behaviours are responsible. So is the traditional town centre retailing experience obsolete, now replaced by online shopping and other leisure activities, or is there hope for the High Street? This chapter first scopes the extent of the demise of the High Street and store-based shopping, before exploring the emerging options facing landlords, planners, local authorities and retailers, as they seek to inject vitality into former bustling High Streets and maintain viability.
Professor Benny Tjahjono and Dr Eva Ripanti
It appears that our modern society is somewhat characterised by the industrial economy of “take, make, throw-away”, where raw materials are extracted, converted into products, sold and consumed by end users, and at their end-of-life, the products are disposed of. Though many of the parts of the products can be recycled, in reality much still ends up in landfill. In the midst of the emerging global economy and growing middle class, this “linear economy” model is obviously an unsustainable way forward. Mass media have recently reported ongoing discourse by politicians, non-governmental organisations, commercial organisations and academics about the emerging concept of a Circular Economy (CE).
Dr Ian Brittain and Dr Simon Gerrard
This paper looks back over the development of the Games, exploring the emergence of sport regarding its therapeutic value and identifying the drivers for expansion of the Games, including their association and scheduling alongside the Olympic Games. The paper suggests some of the challenges now to be addressed if the Paralympic Games are to progress further and also to continue to play a broader role in society’s understanding of disability.
Like the National Health Service, the Paralympic Movement celebrated its 70th anniversary in 2018. The first Stoke Mandeville Games, held at Stoke Mandeville hospital in Aylesbury on the 29th of July, 1948, are considered to be the founding episode that led to the birth of the Paralympic Movement.
By looking more closely at the emergence of the Stoke Mandeville Games, it is possible to shed new light on the social context around these games, as well as the mechanisms and strategies that gave birth to the Paralympic Games a little over a decade later.
Dr David Bek
This paper explores the need to explore the business case for sustainability within the context of the global standards and certifications industry. A wide range of standards and certifications provide assurance around the sustainability of business practices usually via an audit-based process whose primary goal is to establish whether a business is compliant against a core set of criteria. This compliance-based approach is increasingly coming under criticism as it is not seen to facilitate improvements in overall performance. Drawing upon research conducted in the horticultural sector in South Africa, this paper outlines some of the shortcomings of the compliance-based approach and then considers how things can be done better by developing models which focus upon Continuous Improvement in performance.
Wider debates within the certification and standards field are reflected upon and a holistic model is proposed, which shifts the emphasis to performance rather than compliance. The paper concludes by stating the imperative for research to be an integral component of the Continuous Improvement process. Such research can elucidate the relationships between specific business practices and sustainable outcomes. This is important for ensuring that training and support offered to businesses are appropriately targeted and for enabling better business planning. Furthermore, research can demonstrate the benefits to business of specific sustainable practices. In this way the business case for sustainability can be articulated and the notion that sustainability is a ‘luxury’ can be dispelled.
Understanding Disruption and Managing Fast-Changing Markets: Successful Strategies for the Automotive Sector
Professor Lyndon Simkin
Disruption in markets poses threats and opportunities, requiring the re-thinking of strategies and new business models in response. Few markets have faced as much disruption as the automotive sector today. Whether connected, electric or autonomous vehicles, the pace of change is dramatic. New entrants are engaging in this sector, existing automotive players are striving to respond, while regulators and policy-makers are developing their viewpoints. But what of the consumers in this fast-evolving market? How receptive are they to these developments? Which consumers will modify their behaviours and which will resist? Do we understand why?
It will be very interesting to identify the emerging ‘winners’ and ‘losers’ between the more traditional players in automotive and the new-comers to this fast-changing sector, such as:
- Jaguar Land Rover or Toyota versus Tesla or Google’s Waymo
- GKN or Leah versus FEV or LG Chem
- Shell or Exxon versus EDF or Eon
- Petrolheads versus new-thinking consumers
- The Gulf’s oil versus Coventry’s EV batteries
How these trade-offs and disruptive dynamics unfold will shape the future of the automotive sector, the mix of companies and partnerships involved, the products brought to market and their channels, as well as radically alter consumer purchasing and behaviours. This is the focus for this thought piece paper, which is part of a large body of research across the transport and automotive arena being undertaken by the Centre for Business in Society at Coventry Business School.