Create a problem statement A problem statement can be short — one or more sentences —...

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Economics

Create a problem statement A problem statement can be short — one or more sentences — but should give a sense of what you are trying to achieve (e.g., fix, change, stop or start something) and the broad outcomes you would like. This was Professor Dyer’s example: “Repurpose abandoned oil rigs in the Gulf of Mexico to support the transition to green energy and to provide opportunities for marine aquaculture.“ Note that it has a specificity about it (it doesn’t aim to make the whole offshore oil industry sustainable), but it is also very open as to how this problem might be solved. Your first task is to build a problem statement about a current situation Champion Energy Corporation faces relating to sustainability. Create scenarios around the problem statement For this step, you will develop three scenarios as part of a narrative for Champion Energy Corporation. These should be a “best case,” a “worst case” and an “in-between” scenario so that the organization understands its risks and opportunities as it makes decisions. Best case In-between Worst case

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