Building the New Sustainable Luxury
Program Overview
Building the New Sustainable Luxury
Program Overview
This 3-week online program focuses on the integration of corporate social responsibility (CSR) and sustainability in the luxury industry. It explores the supply and demand drivers for sustainability, analyzes different business practices, and examines the growing influence of LOHAS (Lifestyle of Health and Sustainability) consumers.
Program Structure
- 3 weeks, 6-8 study hours per week
- 100% online, flexible learning
- Certificate of completion from Glion
Program Content
The Value of Ecosystems
Discover the impact of collective action through ecosystems of firms and services, from the perspective of innovation within the luxury industry.
Ecosystems and the New Metrics of Value (ESG)
Explore the concept of value ‘beyond GDP’, then engage in discussion around the potential for an ESG ecosystem to be envisioned within the luxury industry.
Sustainability Ecosystem in the Luxury Industry
Explore real-world case studies involving leading luxury brands, and the lessons that can be learned from them.
Circular Economy: the Current Linear Economy and its Unsustainability
Examine the disadvantages of the current linear economy as a precursor to a detailed exploration of the circular economy and its potential for the business of luxury.
The Rise of the Circular Economy
Bringing greater clarity to this largely underestimated and partially misunderstood model of production and consumption, you will also discuss practical implementations from the perspective of your own employer.
The Circular Economy. Trend? Fad?
Engage in a critical assessment of the value of the circular economy for luxury, including potential pitfalls in its implementation and how to reconcile the model with traditional luxury values relating to exclusivity, quality of materials and fashion cycles.
Technology as an Accelerator to Sustainability
Understand how technology – and especially digitalization – is supporting sustainable practices in luxury. Explore some of the integrated approaches already in place between tech and sustainability.
The Future of Luxury
Examine the different scenarios that could play out in luxury in the coming years, building towards the development of a strategic plan on how a company can successfully integrate sustainable practices within its value chain while creating ‘green jobs’ where it operates.
Faculty
- Dr. Jinju Heo, Visiting Faculty – Building the New Sustainable Luxury
Admission Criteria
- There are no admission criteria for this program
Fees
- CHF 1250
Start Dates
- To be confirmed
Frequently Asked Questions
How does the program blend sustainability with luxury business practices?
Recognizing sustainability is becoming a non-negotiable for the luxury industry, this program covers the topic from a supply and demand perspective. It examines the integration of corporate social responsibility into the organizational framework and the rise of consumers who base their buying decisions on health and sustainability factors.
What strategies are taught to measure and improve sustainability in luxury businesses?
Students on this course will study the value of ecosystems, the concept of value ‘beyond GDP’, the circular economy, technology and the future of luxury. They will examine case studies of real-life strategies deployed by leading luxury brands to rise to the challenge of becoming more sustainable.
How will this program prepare me for leadership in sustainable luxury?
Completing this course gives students valuable insights into all aspects of luxury sustainability and equips them with a deeper understanding of different sustainable business practices. These will enable them as consumers and future leaders to face this challenge successfully.
