Creating a Social Business
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Creating a Social Business
This course is part of Strategy and Finance for the lifecycle of a Social Business Specialization
Instructor: Suresh K. Krishna
1,686 already enrolled
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Recommended experience
Recommended experience
Skills you'll gain
- Sustainable Development
- Business
- Socioeconomics
- Business Modeling
- Peer Review
- Corporate Sustainability
- Social Impact
- Community and Social Work
- Philanthropy
- Root Cause Analysis
- Entrepreneurship
- Economics
- Case Studies
- Stakeholder Management
- Social Justice
- Sustainable Business
- Complex Problem Solving
- Business Strategy
- Stakeholder Engagement
- Needs Assessment
Details to know
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There are 5 modules in this course
This course is primarily aimed at learners interested in knowing about and running a social business. An ideal learner could be a student, social entrepreneur, social intrapreneur, or a corporate professional interested in social business.
In the Module 1 of the course students will learn how different social business leaders - such as Professor Muhammad Yunus, Rajni Bakshi, Corinne Bazina, Lamiya Morshed, Suresh Krishna, and Daniel Nowack - are reimagining capitalism. The subsequent modules of this course crystallize varied learnings of practitioners and theorists at YSB to a set of tools and readings, which a learner may use as building blocks of a social business. What makes this course unique is the blend of inspiration and rigor that is very important for any kind of social business education. Learners may also use this course to advance in their careers, apply for higher education and jobs in the social impact/impact investing industry. The subscription to this course automatically allows a learner to become a part of the Global Social Business Community. All the best!
βEvery time I see a problem, I create a business to solve it,β Nobel Peace Prize Laureate, Professor Muhammad Yunus. This course has been designed to teach you the fundamentals of social business, from theory to practice, and how this movement has developed and replicated across the world. You will learn from best-in-class examples of social businesses, including from the founder of the social business movement, Professor Muhammad Yunus. You will learn about how social businesses are different from traditional businesses, and what to think about when you are either establishing a social business of your own or providing investment or mentorship support. In this module, we will hear from experts from the social business field, such as journalists, thinkers, academics, and practitioners, who have initiated change through the power of social business. The upcoming sessions in this module will help you understand what are the key social, economic and environmental challenges affecting the world, and the types of successful solutions that have been developed to address these challenges in the developing world.
What's included
8 videos8 readings5 assignments2 discussion prompts
8 videosβ’Total 66 minutes
- Why this course?β’5 minutes
- Introduction to Yunus Social Business (Courtesy: YSB gGmbH)β’2 minutes
- Why Economies Replaced Societiesβ’7 minutes
- Is There Only One Type of Business?β’16 minutes
- Create Social Fiction (Courtesy - Skoll.org)β’4 minutes
- From Business as Usual to Business Unusualβ’10 minutes
- Social Intrapreneurship: The Basicsβ’17 minutes
- Lessons from the Grameen Family β’5 minutes
8 readingsβ’Total 340 minutes
- Introductionβ’20 minutes
- Become a part of the Global Social Business Communityβ’10 minutes
- Course Handoutβ’30 minutes
- Why Economics Replaced Societiesβ’50 minutes
- Is There Only One Type of Business?β’50 minutes
- From Business as Usual to Business Unusualβ’50 minutes
- Social Intrapreneurship: The Basicsβ’80 minutes
- Lessons from the Grameen Family β’50 minutes
5 assignmentsβ’Total 38 minutes
- Why Economies Replaced Societiesβ’6 minutes
- Is There Only One Type of Business?β’6 minutes
- From Business as Usual to Business Unusualβ’10 minutes
- Social Intrapreneurship: The Basicsβ’10 minutes
- Lessons from the Grameen Family β’6 minutes
2 discussion promptsβ’Total 30 minutes
- Introduce yourselfβ’15 minutes
- Reflectionβ’15 minutes
In this module, we will dive into a deeper understanding of social business. We will begin with understanding a social problem, identifying the root cause of the problem and mapping a solution to the identified problem. We would cover the key ingredients necessary to build a sustainable social business.
What's included
3 videos5 readings3 assignments1 discussion prompt
3 videosβ’Total 21 minutes
- Identifying the Problemβ’6 minutes
- Defining the Solutionβ’6 minutes
- Case Study - The Play Pumpβ’9 minutes
5 readingsβ’Total 130 minutes
- Problem Tree Tool - Template and Exampleβ’10 minutes
- Additional Reading on the Problem Tree Toolβ’30 minutes
- Theory of Change Tool - Example and Templateβ’10 minutes
- Defining the Solutionβ’40 minutes
- Case Study - The Play Pumpβ’40 minutes
3 assignmentsβ’Total 23 minutes
- Identifying the Problem β’8 minutes
- Defining the Solutionβ’10 minutes
- Case Study - The Play Pumpβ’5 minutes
1 discussion promptβ’Total 40 minutes
- Create and Discuss your Problem Treeβ’40 minutes
In this module, we will apply the learnings from the introductory module and the first module of this course towards a peer-graded assignment. The aim of this module is to enable collaboration amongst classmates as well as provide and receive relevant feedback.
What's included
1 peer review
1 peer reviewβ’Total 60 minutes
- Starting a Social Business - First Stepβ’60 minutes
In this module, you are expected to learn more about how to build an effective social business. The modules of this course aim to provide an objective lens to various nuances of starting and running a social business. It includes understanding your beneficiaries, managing your stakeholders, and staying focused in order to run a successful social business.
What's included
5 videos8 readings5 assignments3 discussion prompts
5 videosβ’Total 36 minutes
- Beneficiary Empathy Map: Whom are we targeting?β’8 minutes
- Stakeholder Mappingβ’6 minutes
- Case Study: Cashpor Micro Creditβ’7 minutes
- Social Business Canvasβ’7 minutes
- Running a Successful Social Businessβ’7 minutes
8 readingsβ’Total 260 minutes
- Beneficiary Empathy Mapβ’30 minutes
- Beneficiary Empathy Map - Template and Exampleβ’10 minutes
- Stakeholder Mappingβ’50 minutes
- Stakeholder Map - Exampleβ’10 minutes
- Case Study - Cashpor Micro Creditβ’60 minutes
- Additional Readings on Social Business Canvas Modelβ’30 minutes
- Social Business Canvas Model - Template+Exampleβ’10 minutes
- Running a Successful Social Businessβ’60 minutes
5 assignmentsβ’Total 38 minutes
- Beneficiary Empathy Mapβ’6 minutes
- Stakeholder Mappingβ’6 minutes
- Case Study - Cashpor Micro Creditβ’6 minutes
- Social Business Canvasβ’10 minutes
- Running a Successful Social Businessβ’10 minutes
3 discussion promptsβ’Total 50 minutes
- The importance of impact measurementβ’10 minutes
- Reflectionβ’20 minutes
- Why Cashpor is a successful social business?β’20 minutes
In this module, we will apply the learnings from the entire course towards a peer-graded assignment. The aim of this module is to enable collaboration amongst classmates as well as provide and receive relevant feedback.
What's included
1 reading1 peer review
1 readingβ’Total 10 minutes
- Post-course Surveyβ’10 minutes
1 peer reviewβ’Total 60 minutes
- Social Business Model Canvasβ’60 minutes
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