In this course we will take the social business opportunity that you have identified in the first course to a higher level. Specifically, you will develop a business model using the Business Model Canvas. Gradually you will also start writing your business plan. Moreover, you will be able to assess different organizational forms and select the one that is appropriate for your developed business model. By the end of the course you will be able to compare different social impact investment methods and choose the right funding strategy for your social venture.
Social Business Model and Planning for Social Innovation
Social Business Model and Planning for Social Innovation
This course is part of Social Entrepreneurship Specialization
Instructor: Kai Hockerts
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Gain insight into a topic and learn the fundamentals.
4.7
(121 reviews)
Beginner level
No prior experience required
Flexible schedule
Approx. 19 hours
Learn at your own pace
Earn a Certificate
With paid plans
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Taught in English
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This course is part of the Social Entrepreneurship Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 5 modules in this course
Welcome to Course 2 of this Specialization! In this first Module we will introduce you to the Business Model Canvas - a useful tool that will guide you through the business plan process. You will be able to categorize the elements in the Canvas and start to use it in order to create your business model.
What's included
5 videos4 readings1 peer review2 discussion prompts
In Module 2 you will gain more experience using the Business Model Canvas as a tool to conceptualize your business ideas and will be also introduced to the Social Business Model Canvas. Moreover you will receive advice about cooperating with your team members and coordinating in the iteration process. The Module will conclude with initial insight to writing a business plan - What are important elements of a business plan?
What's included
8 videos1 reading1 peer review1 discussion prompt
Welcome to Module 3! At this point you will start to dive deeper into creating your business plan. After analyzing a real-world business plan of a social enterprise you will listen to guest speaker giving advice about important issues to consider when writing your business plan. You will be encouraged to think through different organizational forms a specific social enterprise may implement and start to outline your own business plan.
What's included
5 videos2 readings1 peer review1 discussion prompt
In Module 4 you will intensify your knowledge about various organizational forms. In particular new organizational forms, tailor-made for social enterprises, in the US and the UK will be presented and you will be encouraged to scan the legal framework in your own country. Once you have identified a form that matches your expectations you will continue your business plan process by starting to think about funding options in the next Module of this Course.
What's included
7 videos1 reading1 peer review1 discussion prompt
Welcome to the final Module of Course 2. By concluding this Module your social venture will have reached an important milestone in the development process. This session will introduce you to the broad landscape of options you will face when designing the funding strategy for your social business. You will be encouraged to think about the financial needs of your venture and asked to create a plan of how to address those. Guided by insights from a social impact investor and researcher you will develop an elevator video pitch. This will be an important tool to attract startup funding. The final section of this module includes a special on the Impact Investing World Forum held in London in 2017, where Kai spoke to some practitioners who have some insights and good advice!
What's included
10 videos4 readings1 peer review1 discussion prompt
Instructor
Instructor ratings
4.6 (18 ratings)Offered by
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4.7
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Showing 3 of 121
SV
4
Reviewed on Aug 1, 2017
I think that the grading for the courses can be a combination of peer review and some quizzes instead of only peer reviewing.
IK
5
Reviewed on Feb 17, 2019
Practical oriented course. I really enjoyed every bit of it. Already, I am equipped to go out there and execute my project.
EC
5
Reviewed on Jan 30, 2021
Already finishing the course, only one peer left to review . Also Seeking anybody to review my video pitch .in week one,I did social entrepreneurship and finished.
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