Social Entrepreneurship
Social Entrepreneurship: Businesses have a big role to play in a today’s world. They can tip the scales toward the benefit of the few, with negative side effects for all; or they can guide us toward better, more equitable long-term solutions. In this class, we will examine how companies can positively contribute to society by having embedded social missions and by engaging various stakeholders that are at the nexus of business and social value. In such companies, leaders will need to be prepared to manage the organization’s culture, establish a mission, and find synergies in pursuit of a triple bottom line (people, planet and profits). Externally, leaders must manage not only supply chain and customer relationships, but also seek to fundamentally change the social, environmental and legal environments in which business operates. Also important is the growing ecosystem of impact investment that helps such organizations scale. Class material will focus on these issues by examining a range of cases from around the world, from small start‐up organizations dealing with growth issues to more established firms that have successfully scaled their operations while maintaining a commitment to social mission.
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