social enterprise design
The perspective of this course is business as a solution to poverty. Created for graduate level business students, course content builds on core business administration and management curriculum and equips students with knowledge of how to apply traditional business principles in a development context to create sustainable means to poverty alleviation and social change.
This course teaches students the complex and messy art of designing a social enterprise for sustainable impact while imparting concrete development experience and building practical skills.
For: Graduate students: business, administration (MBA), management, economics, international development, engineering, etc.
dates: January 5-19, 2019
Duration: 14 days/15 nights
CosT: $3000 for course
CREDITS: Graduate business credits available through Institute local university partner
enrolLmenT: limited to 15 students
Graduate students from western universities join Indian MBA students to learn how to design market-based solutions to poverty and related social problems. Together, through the hands-on delivery of field-based methodologies and analysis, they study social enterprise models, metrics and methods of harnessing market forces as a means to create sustainable social change.
Social Enterprise Design introduces best practice design, social innovation, and enterprise theoretical frameworks such as Design Thinking and Human Centered Design. Students test frameworks in the field, along with other academic constructs learned in regular MBA courses, and then refine them based on the on-the-ground realities they encounter. In concept development and prototyping sessions, students study social enterprise architecture and technical elements of design used by practitioners and consultants, such as how to create a concept, craft a theory of change, and build a business model for social impact and viability.
Through live cases, field visits, meetings with leading Indian social entrepreneurs, and social enterprise projects, students examine social enterprise models, products, processes and scrutinize their ability to create social impact. They learn to develop market research instruments and conduct field-based primary market research to identify and analyze social problems to which there could be a business solution.
Throughout the course, students learn about pragmatic and nuanced aspects of designing social enterprises that defy contemporary theory and are impossible to teach in a classroom, but are an integral part of social enterprise reality. Expert-led technical workshops, field exercises and consulting projects broach the immense strategic and operational challenges related to designing blended value social enterprises that work in practice.
Social Enterprise Design
Mohammad Yunus, Founder Grameen Bank tells us in his and Nobel Peace Prize Laureate speech, "Almost all social and economic problems of the world will be addressed through social businesses. The challenge is to innovate business models and apply them to produce desired social results cost-effectively and efficiently".
Collaborative course between Grassroots U & IMTHyderabad a top rated Indian B School.
Blended project teams
Primary market research
Social problem analysis
A wide variety of social enterprise models
Design solutions prototyping
Real client-driven projects
Essential Design Think and Human Centered Design (HCD)
Interactions with many types of social entrepreneurs
Rural and urban immersion
Village homestays and Indian University campus life
Student are immersed in local culture. They learn bout rural life through village homestays and programs integrated with rural colleges. In the city, they live on campus and with Indian students. Students experience Cultural Night at IMT, Pongal festival, cooking class, and Bollywood dance lessons.
The course culminates in a design consulting project with a social enterprise or nonprofit organization. Student teams work with Indian social entrepreneurs to tackle real social enterprise design questions and challenges.
In this application exercise, design tools help students innovate products, processes, businesses and services that are needed, accessible and appropriate for the poor. Projects grounded in the real-life contexts enables students to factor in infrastructure, market dynamics and cultural challenges of working at the base of the pyramid. Student teams
receive mentoring and technical back-stopping from Grassroots U faculty and advisers.s
Students also explore their own vision of social enterprise and receive peer and instructor feedback on realizing this vision in their home community.
Assessed course work is doing-oriented, grounded in practice, and project based. Students:
Develop a practical social innovation resource
Create a photo journal or video documenting their design project
Blog immersion about rural experience
Personal plan to implement lessons at home
Consulting assignment design product, process or other output
Present consulting assignment to panel of stakeholders
Learn technical aspects of creating social impact and development consulting from leading experts.
Tools & Best Practices
Learn state-of-the- art
frameworks, tools and approaches to apply to impact work & social ventures during consulting and at home.
Gain credible developing country work experience in a given sector. Learn about strategies to effect change.
Work with local peers on collaborative projects and benefit from multiple and multicultural perspectives.
Learn how to impart
knowledge, implement change, support leadership and manage impact projects results.
Apply your skills and experience to create impact by helping to build capacity of a local impact organization though consulting.
Meet and connect with other like mined peers and professionals. Make friends for life and new job contacts.
One-on-one coaching to help set personal and professional goals based on experience & make a plan for you will achieve it.
real work experience in international development
India boasts the perfect alchemy for social entreprepreneurship to thrive. A highly entrepreneurial country, India has world class learning institutions, cutting edge technology, a culture of innovation, and excellent human resource capacity. Home to the world’s largest middle class, the Indian economy is booming and its legal environment is enabling for social enterprise. The country boasts at once a rich history of social and economic justice, massive intractable poverty and other deeply rooted social problems.
Mallika Dutt & sonali khan of breakthrough
Amitabha Sadangi of IDE India
Dr. Venkataswamy of Aravind
Neelam Chhiber of Mother Earth
Bunker Roy of Barefoot College
Inderjit Kaurana of Train platform schools
What costs are included
Professionally led workshops, lectures and training
Site visits to social ventures and feild projects
Faculty, subject matter experts and social entrepreneurs
Project placement and mentoring support
In-country travel - all transportation including airport pickup and drop off, field visits and excursions.
All lodging - guesthouses, hotels, homestays, dorms, etc
Meals - all, except 1-2 free nights out
All educational materials and supplies
What is not includeD
International airfare to and from India
Visas and vaccines
Souvenirs, gifts and personal items
1-2 non-program meals and entertainment on free nights
Tourism and travel outside of regular program
Indian mobile phone/cell charges in India
**Academic credit supplement charged by host university in India ( ** contact us to find out more)
- students to do due diligence on tuition fees
Student work with Indian social entrepreneurs to tackle social enterprise design questions and challenges they face. Project vary according to need, and may include:
BUSINESS MODEL DESIGN
MARKETING PLANS & CAMPAIGNS
MARKET RESEARCH & ANALYSIS
SOCIAL PROGRAM DESIGN
SOCIAL IMPACT MEASUREMENTS
OPERATIONS & SYSTEMS DESIGN
HIGH TECH OR APPROPRIATE TECHNOLOGY PROTOTYPES
PERFORMANCE MANAGEMENT SYSTEMS
LEADERSHIP DEVELOPMENT PROGRAMS
"Approximately 156,000 students graduate each year with an MBA in the US alone. Imagine if those individuals created or joined businesses to serve the world: becoming leaders by selling solutions to solve the world’s social and environmental problems."
—Joshua Mathis, MBA Student