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SCENARIO


SCENARIO 

Your development company has pulled together several international investors to build a gated community on the coast. The plans you have in hand show a commitment to clean energy and “green” infrastructure. You have met with the top elected officials in the provincial government and are assured that, for the most part, they favor the project you have in mind.  Some of their staff, however, seem less enthusiastic.  For the past six months, they have raised question after question – sending you back to the drawing board repeatedly. Now you are beginning to wonder whether you have missed some of the signals they have been trying to send. Are these people looking for bribes of some kind? Your company has a strict policy against paying bribes, even though that has lost you some important projects in various parts of the world.


Some of your senior staff are talking about offering compensation for the environmental and social impacts you know your project will have, even after you have done everything possible to mitigate the worst effects.  What’s the difference between paying compensation and offering a bribe?  Please spell out (1) whether you agree with the company’s “no bribes” policy and why; (2) what you see as the key difference between bribes and payment of compensation for social and environmental impacts that cannot be avoided (and when and how to determine the amount of compensation); and (3) the process by which socially-responsible developers can work to create value and how creating value for the community (by altering the design of your project) is different from either bribes or compensation.


Learning goals:  

Social responsibility and profitability are not mutually exclusive. Understanding the interests of all stakeholders and being willing to find a way to meet their interests at the lowest possible cost may, in fact, be the key to additional profitability. Face-to-face negotiations with stakeholders can lead to new versions of a proposed real estate project that create value for all the actors involved. EIA and SIA results can also provide a baseline that will facilitate ongoing joint monitoring and subsequent adaptation or adjustments of projects or plans.


Responses to the Module 5 assignment should:

1. Spell out the pros/cons of a real estate company’s no-bribe policy; 

2. Clearly explain the difference between a bribe and the payment of compensation; 

3. Explain when a developer should be willing to pay compensation and how the appropriate amount should be determined; 

4. Describe the key steps or elements involved in creating value for a community in the course of planning for a real estate project. 

下一节:Assignment Debrief

返回《Socially-Responsible Real Estate Development: Learning to Use Impact Assessment Tools Effectively》慕课在线视频列表

Socially-Responsible Real Estate Development: Learning to Use Impact Assessment Tools Effectively课程列表：

Introduction to the MIT STLx Series

-Welcome

--Welcome

Get Started

-Course Welcome

--Welcome

--Course Overview

-Entrance Survey

--Entrance Survey

-Entrance Survey

-Learning Objectives

--Learning Objectives

-Course Schedule

--Course Schedule

-Meet Your Course Instructors

--Professor

--Teaching Assistant

-Grading and Completion Criteria

--Grading and Completion

--html

Module 1: Introduction

-Introduction

--Introduction

--The Stakeholders

--DEVELOPER

--ENVIRONMENTALIST

--REGULATOR

--COMMUNITY REPRESENTATIVE

--TECHNICAL EXPERT

--BUSINESS REPRESENTATIVE

--FACILITATOR

--Community Discussion

--Module 1 Animation

-Lectures

--html

--Lecture 1

--Lecture 2

--Key Takeaways

-Readings

--Social Impact Assessment: The State of the Art

--Social Impact Assessment and Public Participation in China

-Developer Interview

--Module 1

--html

-Questions

-Assignment

--html

--Grading Overview

--html

--Submit and Review Peers

--Peer Assessment

-Debrief

--Assignment Debrief

--Discussion 1 - part 1

--Discussion 1 - part 2

--Discuss

Module 2: Environmental Impact Assessment

-Introduction

--Introduction

--Community Discussion

--Module 2 Animation

-Lectures

--EIA Primer

--Lecture 1

--Lecture 2

--Lecture 3

--Key Takeaways

-Readings

--Methods of Environmental Impact Assessment

--Public Participation and Environmental Dispute Resolution

--Environmental Impact Assessment for Developing Countries in Asia

--Importance of Nonobjective Judgements

--Example Environmental Impact Statement

-Developer Interview

--html

--Module 2

--html

-Questions

-Assignment

--html

--Submit and Review Peers

--Peer Assessment

-Debrief

--Assignment Debrief

--Discussion 2 - part 1

--Discussion 2 - part2

--Discuss

Module 3: Social Impact Assessment

-Introduction

--Introduction

--Text

--Module 3 Animation

-Lectures

--SIA Primer

--html

--Lecture 1

--Lecture 2

--Key Takeaways

-Readings

--Introduction to Social Impact Assessment

--Effectiveness in Social Impact Assessment

--Example Social Impact Statement

-Developer Interview

--Video

--Text

-Questions

-Assignment

--INSTRUCTIONS

--Submit and Review Peers

-Debrief

--Assignment Debrief

--Discussion 3 - part1

--Discussion 3 - part 2

--Discuss

Module 4: Case Study: Forest City

-Introduction

--Text

--Module 4 Animation

-Forest City Case Study

--Part 1

--Part 2

--Part 3

--Additional Forest City Information

-Lectures

--Lecture 1

--Lecture 2

--Key Takeaways

-Readings

--Dealing with An Angry Public

--Facility Siting and Public Opposition

-Developer Interview

--Practitioner Perspective

--Module 4

--Text

-Questions

-Assignment

--html

--INSTRUCTIONS

--SCENARIO

-Debrief

--Assignment Debrief

--Discussion 4

--Discuss

Module 5: Applying SIA and EIA in a Socially Responsible Manner

-Introduction

--Introduction

--Community Discussion

--Module 5 Animation

-Lectures

--Lecture 1

--Lecture 2

--Lecture 3

--Key Takeaways

-Readings

--Create More Value

--Why Would Corporations Behave in Socially Responsible Ways?

--Social Impact Assessments of Large Dams Throughout the World

--Environmental Sustainability Principles for the Real Estate Industry

-Developer Interview

--Module 5

--Practitioner Perspective

-Questions

-Assignment

--html

--INSTRUCTIONS

--SCENARIO

-Debrief

--Assignment Debrief

--Discussion 5

--Discussion

Course Wrap Up

-Further Resources

--Further Resources

-Thank You

--Thank you for taking the course

-Acknowledgements

--Acknowledgements

SCENARIO笔记与讨论

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