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Business Administration 310                                         Spring, 2002

Social Entrepreneurship

Ripon College                                 

Mary Avery,CMC

Assistant Professor and

Director of the Business Management Program                                                                                          

                                               

COURSE INFORMATION

 

Course Objective:

The line between for-profit and not-for-profit enterprise has become increasingly blurred.  Traditional non-profits such as art museums, schools, and community-based organizations must be well managed to effectively serve their constituencies.  Further, their very survival can be dependent on effective fiscal management.  Other non-profits have discovered that business-related subsidiaries can generate revenue for the organization as government resources have dwindled.  Many of these organizations have become extremely creative about incorporating entrepreneurial strategies into their overall strategic plans.  

So this course will focus on four things:

Ř      A study of the world of philanthropy including history and current practices

Ř      Corporate social responsibility and ethics

Ř      An introduction to the world of non-profit organizations (their purposes, opportunities and challenges)

Ř     The application of business and entrepreneurial models to community problems and the needs of non-profit organizations.

Textbooks:      McIntosh, Leipziger, Jones and Coleman, Corporate Citizenship, First Edition, 1998.  We will use this book when we discuss corporate social responsibility.

Brinkerhoff, Peter C., Social Entrepreneurship, The Art of Mission-Based Venture Development, First Edition, 2000.  This book will come into play as we discuss venture creation by non-profit organizations, especially business planning.

Internet Resources:  From time to time, you will be given web site addresses for futher information and research. 

 

Instructor’s Office: 315 Todd Wehr             Phone:  748-8392 (college) or  748-8405 (business)

Hours: Monday-4:30-6:00pm; Tuesdays-10:00am -noon; Thursdays:  10:00am-noon

By appointment at other times - I am pretty accessible if you leave messages.

Because I still have another life in the private sector, it is sometimes necessary for me to change my office hours.  Changes will be posted outside of my office by Monday of each week.  I am happy to schedule appointments, especially when I am unable to keep my office hours.

The business office phone number is the best place to leave voice mail.  The phone number provided rings in my office and in my home.  Feel free to call any time after 8:00 am and before 9:00 pm.

Office Policy: I encourage you to see me to discuss your ideas, especially if you need technical assistance on any aspect of your course assignments.  I encourage you to bring questions to class, since others may benefit from the ensuing discussions.  

Attendance Policy: I strongly recommend that you attend all classes.  Because the class meets only twice per week, a missed class will be somewhat difficult to make up.  Beyond "officially reported absences" (medical problems, travel with College groups, etc.), make every effort to attend each class meeting.  

Classroom Activities:  There will be minimal lecture in this class.  Instead, we will be doing many group and individual projects.  These "hands on" activities are a great way to experience the world of business management and I think we will have a lot of fun.   Many of them will involve “service learning” which is applying business management and other skills to mission-based community organizations.  We will also use case studies to help to understand concepts presented in class.

Assignments:

Assigned Reading:  I hope to "lecture" in class as little as possible.  "Hands on" activities are far more interesting and educational than regurgitation of the reading material.  I will lecture when there is material that is critical to understanding and executing assignments.  HOWEVER, this means that everyone must keep up with the reading.  Group and individual in-class projects will fall flat if you do not have the context with which to respond to them.  

Interview Project:  Early in the semester, each student will interview a business, in order to find out if they are involved in corporate social responsibility.  For example, a student might interview a local business to find out whether the business manager feels that the business is "socially responsible" and what sorts of things that means to the business.  You will be asked to indicate whether you feel the business in question is "socially responsible."  Each oral presentation with written report will be worth 10% of your grade.  It might also be advantageous to speak to this interviewee about needs that could turn into individual or group projects.

Community Board Meeting Project:  You will also be asked to attend a board meeting of a community-based organization, and record your observations.  This written report will also be worth 10% of your grade.

Interview Project:  Right after the break, each student will interview a local social entrepreneur, or a local industry, involved in corporate social responsibility.  For example, a student may interview the management of a local non-profit organization to find out how business models are used in pursuance of that organization's mission.  You will be asked to indicate whether you feel  whether the organization interviewed is involved in "social entrepreneurship."  Each oral presentation with written report will be worth 10% of your grade.  It might also be advantageous to speak to this interviewee about needs that could turn into individual or group projects.

Case Studies:  I believe that case studies are one of the best ways to learn business concepts.  Both books contain case studies, and I have others that may be assigned during the semester.  Case study assignments may be individual or group, and may be assigned for oral or written presentation(s).   Case studies and other written assignments will comprise 20% of your grade.

Class Project: Your primary written assignment for the semester will be a complete and comprehensive project of your choice.  This can be a group or an individual project.  By mid-semester, you will need to propose a project and have it approved.  Your proposal should include the nature of your project and the project “team”. Because this is a large project, which will encompass 40% of your grade, it must be started early and developed in stages.  You can work on any project that interests you, provided that it is substantial, and will provide a complete and thorough analysis of a business situation that involves non-profits, or community development.  The larger your “team” the more substantial the project should be.

It will be impossible for you to complete this task well if it is done only in the final weeks of the class.  If you choose a team project, a portion of your grade will be based on peer evaluation of your contributions to the project.  Therefore it is also important that you fully participate in the group efforts both inside and outside of class. 

Examples of final projects could include (but not be limited to):

·         Identification of a community need and development of a business plan/proposal to address the need

·         Working on business planning, operations planning, financial forecasting, market research of other projects for a local non-profit organization or government entity

·         Conduct a "social responsibility" audit for a business

·         Research project on any related topic

·         Other project as identified by student and approved

Class Participation:  The other 20% of your grade will be class participation.  I will be especially interested in full participation during in-class case study and other discussion.   If we run short of class time for some of the activities, they may become homework.  If so, grades for these will become part of your class participation grade.

Grading Procedures:  

The +/- grading system adopted by faculty vote in 1978 will be used in this course.

The following table will serve as my guide when deciding your overall grade:

     A                 92% and above                         C          72 to 78

     A-               90 to 92                                    C-        70 to 72

     B +              88 to 90                                    D+       68 to 70

     B                 82 to 88                                    D         62 to 68

     B-                80 to 82                                    D-        60 to 62

     C+               78 to 80                                    F          Below 60%

  

Tentative Class Schedule:  

Non-Profit Organizations & Philanthropy - History, Purposes, Challenges

January 22 & 24        Introductions and Review of Syllabus

What is Philanthropy?

What is a Non-Profit Organization?

What is Social Entrepreneurship?

Introduction to Social Responsibility

Ethics and Values in Business and Society – Christine Bellon, Philosophy            

Reading:  SE  Chapter 1

                 CC Introduction

Social Responsibility

January 29                Tour and presentation

                                Ripon Area Service Center                       

 January 31               Role of Social Responsibility Today

Reading:  CC - Chapter One

Written Assignment:  Management Exercises due Feb. 5

Corporate Citizenship p.27-31

                                Assignment:   Identify interview candidate and plan interviews

                        (due February 19)                                                  

February 5                Corporate Citizenship and Philanthropy

                                David Williams, VP Development Ripon College    

                               

February 7                Kathryn Dunn – Helen Bader Foundation  

        Reading CC - Chapter Two

Written Assignment:  Management Exercises due Feb. 12

Corporate Citizenship p.55-56                                

February 12       Corporate Strategy and Citizenship

MANAGEMENT INTERVIEWS DUE – ORAL AND WRITTEN                           REPORTS

February 14              Reading CC - Chapter Three and Four

Written Assignment:  Management Exercises

Corporate Citizenship p.180-183 due Feb. 19

Additional Assignment:  Bring Preliminary Project Ideas to Class                                      

                             

February 19              Managing Corporate Citizenship

                                 Reading CC – Chapter Five and Six

                                 Review of Management Exercises

                                 Social Audits

                                 Assignment:  Interview Social Entrepreneurs –

                                              Due April 2                      

                               

February 21               Bill Haljun – Big Ideas – Business with a conscience

February 26               Social Entrepreneurship

                                  Tony Beregszazi – Advocap – Community needs assessments                                         Reading:  SE - Chapter 2 & 3      

February 28                           What is an Entrepreneur? 

                                 What is a "Social" Entrepreneur?"

                                  Tom Avery – turning community needs into businesses

March 5                     Feasibility Studies for Social Entrepreneurs

                                 Reading SE – Chapter 4 & 5

March 7                     Market Research and feasibility studies

                                   Computer lab – getting data for grants    

March 12                   Karen Gotzler – Urban Economic Development Association

                                 Non-Profit Business Planning

March 14                   Business Planning for Social Entrepreneurs

                                   Reading SE – Chapter 6                                  

SPRING  BREAK

March 26                    Financial Projections for Social Entrepreneurs

                                    Reading SE – Chapter 7

March 28                    Tour – Advocap – Fond du Lac  

April 2                        SOCIAL ENTREPRENEUR ORAL AND WRITTEN            PRESENTATIONS                            

April 4                        SOCIAL ENTREPRENEUR ORAL AND WRITTEN            PRESENTATIONS          

April 9                         Business Planning, continued

                                   Reading SE – Chapter 8

April 11                       Business Planning, continued

                                    Hands on Financials            

April 16                        Managing a Socially Responsible Enterprise           

                                    Guest Speaker – Non-Profit Executive

                                    SE – Chapter 9 & 10

April 18                        Dorian Des Lauriers –

                                     Managing a Business as though there is a tomorrow

April 23                         Final check on project progress

April 25                        Reverend Michael Dudley – financing social entrepreneurship

April 30                        Conclusions – Are you a social entrepreneur?    

                                     PROJECTS DUE

May 2 and  7                   PROJECT REPORTS