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Social Entrepreneurship and
Sustainability in the MBA Program:
Design, Curriculum and Pedagogy
Agenda
   Laying the foundation for learning social
    entrepreneurship
   Designing a framework for social entrepreneurship
    education
   Creating a curriculum of change for our classrooms
   Sustaining the future through innovation
Social Enterprise
   Provides business solutions –
     Social/environmental & economic benefit               +
     “Multiplies” impact and investment
     Delivers sustainable, system wide impact
   What is a Social Entrepreneur?
     Relentless in mobilizing Local, Regional and Global
       Linkages
     Measures success based on total value returns
                                                                +
International            Market,
Wealth Disparity      Institutional &
                       State Failures
                                            The Global Rise
                                                  of
                                                Social
    CSR
  Movement
                   Tech & Shared Global
                    Moral Responsibility
                                           Entrepreneurship
Social Enterprise – It Matters Because…

   New Models of Opportunities and Innovation
    (Blended Value Approach)
   New Models of Sustainability and Development
   New Models of Scale and IMPACT
   …..New Opportunities for Teaching and Learning
Merging Two Perspectives - Impact
 perspective

                                     Development societal perspective
 Business




               Business     Direct     Indirect
                activity   impacts     impacts       Broader development
               Infrastructure                            contribution

               Innovation Itself                  E.g. Economic Growth/GDP
               Products and Services              Poverty Alleviation
               Jobs                               Education
               Skills and Training                Social Stability
                                                  Public Health
               Procurement
                                                  Human Rights
Resources      Taxes                              Governance
               Corporate Governance               Capacity Building
               Environmental Management           Enterprise Development         13
                                                  Environmental Sustainability
Dissecting a Social Enterprise
Dimension                  Project Impact                    OneWorld Health                   Benetech
Response to Mkt            Manufacturing low-cost,           Develop new medicines for         Created technology-based
Failure/Innovation         high-quality medical supplies     infectious diseases that killed   projects that ranged from
                           to treat and prevent              millions of people in the         reading machines for the
                           blindness and deafness in         poorest parts of the world        blind to innovative software
                           the developing world                                                to protect information in the
                                                                                               human rights field

Financial Sustainability   Donations + operations            Donations + charging middle Earned income from
                           (pricing) + autonomy              class                       previous (Capital cow) +
                                                                                         donations later
Pricing                    Differential pricing, subsidize   Yet to implement differential Pricing based on
                           poorest segments                  pricing (belief)              affordability of target
                                                                                           audience
Dissecting a Social Enterprise
Dimension          Project Impact                  OneWorld Health                Benetech
Cost Structure     “Forensic cost accounting”;     $800-900m – typical; costs     Negotiated deep discounts
                   define price affordable to      driven down by targeting       with suppliers, developed own
                   target audience and             drugs in late stage            dealer network with
                   negotiate                       development, single            overlapping economic
                   production/distribution costs   indication in single           interests, licensed technology
                   to make price attainable        geography, shortest path to    and manufactured own
                                                   approval, clinicals in         components
                                                   developing countries,
                                                   volunteer scientists
Impact on Market   Created new class of lower-     Pharma industry – a noble      Welcomed competition if
                   price producers in India,       path to re-engage global       impacted target audience
                   proving that lower-income       health, served countries and   (bring down price,
                   markets could be profitably     market areas that western      accessibility); leave market
                   served thru high-volume         pharma abandoned               once new competitor could
                   (scale)/low margin solutions                                   serve
Scale
     Impact




              Innovation




Social Entrepreneurship
Education Opportunities
   Social Business, Entrepreneurship – “Meta-
    Profession”
     Cross-University     Initiatives
       Public   Policy, Law, Medicine, Arts, Engineering, etc.
     Flexibility
              in Customizing Own Educational Track
      and Career
       Cross– Fertilization of Ideas – Driving awareness of
        immediate and most pressing problems
   Content
     Leading sustainable enterprises, social venture fund practicum, global
      poverty alleviation, Ecoleadership, Energy and the environment
   Depth
     Immersion, experiential-based, problem – based, effectuation

   Reach
     Nexus of the increasing overlap between the public, private, and
      voluntary sectors
     Government, NGOs, Corporate, SE and practitioners
Resources (Resource                 Activities (Operating                 Outputs                       Short and Long Term                 Impact
Strategy)                           Model)                                                              Outcomes

In order to accomplish our set of   In order to address our problem, we   We expect that once           We expect that if accomplished,     We expect if accomplished these
activities, we will need the        will accomplish the following         accomplished these            these activities will lead to the   activities will lead to the
following:                          activities                            activities will produce the   following changes in 1-3 then 4-6   following changes in 7-10 years
                                                                          following evidence or         years
                                                                          service delivery


Faculty                             Develop curricula and co-curricula
Students                            initiatives and programs
Alumni                              • Curriculum
Mentors                             •Pedagogy
Partnerships                        •Internships                                                                                                   Social Enterprise/Orgs
                                    •Experiential learning                   Aspiring Social                         Launch and
                                                                                                                                                    Impact – e.g., poverty
                                    •Problem-based learning                 Entrepreneurs and                     Intrapreneurship
                                                                                                                                                     alleviation, economic
                                    •Connecting theory and practice             Innovators                            Activities
                                                                                                                                                   and social stability, etc.
Social Entrepreneurship Support
   Websites
      www.ashoka.org, www.changemakers.net

      www.skollfoundation.org/socialedge

      www.se-alliance.org

      www.echoinggreen.org

      www.aspeninstitute.org

   Conferences
      NYU Stern Social Entrepreneurship Conference

      Skoll World Forum on Social Entrepreneurship

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Kickul NYU Social Sustainable Entrep Teaching

  • 1. Social Entrepreneurship and Sustainability in the MBA Program: Design, Curriculum and Pedagogy
  • 2. Agenda  Laying the foundation for learning social entrepreneurship  Designing a framework for social entrepreneurship education  Creating a curriculum of change for our classrooms  Sustaining the future through innovation
  • 3.
  • 4. Social Enterprise  Provides business solutions –  Social/environmental & economic benefit +  “Multiplies” impact and investment  Delivers sustainable, system wide impact  What is a Social Entrepreneur?  Relentless in mobilizing Local, Regional and Global Linkages  Measures success based on total value returns +
  • 5. International Market, Wealth Disparity Institutional & State Failures The Global Rise of Social CSR Movement Tech & Shared Global Moral Responsibility Entrepreneurship
  • 6.
  • 7.
  • 8. Social Enterprise – It Matters Because…  New Models of Opportunities and Innovation (Blended Value Approach)  New Models of Sustainability and Development  New Models of Scale and IMPACT  …..New Opportunities for Teaching and Learning
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Merging Two Perspectives - Impact perspective Development societal perspective Business Business Direct Indirect activity impacts impacts Broader development Infrastructure contribution Innovation Itself E.g. Economic Growth/GDP Products and Services Poverty Alleviation Jobs Education Skills and Training Social Stability Public Health Procurement Human Rights Resources Taxes Governance Corporate Governance Capacity Building Environmental Management Enterprise Development 13 Environmental Sustainability
  • 14. Dissecting a Social Enterprise Dimension Project Impact OneWorld Health Benetech Response to Mkt Manufacturing low-cost, Develop new medicines for Created technology-based Failure/Innovation high-quality medical supplies infectious diseases that killed projects that ranged from to treat and prevent millions of people in the reading machines for the blindness and deafness in poorest parts of the world blind to innovative software the developing world to protect information in the human rights field Financial Sustainability Donations + operations Donations + charging middle Earned income from (pricing) + autonomy class previous (Capital cow) + donations later Pricing Differential pricing, subsidize Yet to implement differential Pricing based on poorest segments pricing (belief) affordability of target audience
  • 15. Dissecting a Social Enterprise Dimension Project Impact OneWorld Health Benetech Cost Structure “Forensic cost accounting”; $800-900m – typical; costs Negotiated deep discounts define price affordable to driven down by targeting with suppliers, developed own target audience and drugs in late stage dealer network with negotiate development, single overlapping economic production/distribution costs indication in single interests, licensed technology to make price attainable geography, shortest path to and manufactured own approval, clinicals in components developing countries, volunteer scientists Impact on Market Created new class of lower- Pharma industry – a noble Welcomed competition if price producers in India, path to re-engage global impacted target audience proving that lower-income health, served countries and (bring down price, markets could be profitably market areas that western accessibility); leave market served thru high-volume pharma abandoned once new competitor could (scale)/low margin solutions serve
  • 16. Scale Impact Innovation Social Entrepreneurship Education Opportunities
  • 17. Social Business, Entrepreneurship – “Meta- Profession”  Cross-University Initiatives  Public Policy, Law, Medicine, Arts, Engineering, etc.  Flexibility in Customizing Own Educational Track and Career  Cross– Fertilization of Ideas – Driving awareness of immediate and most pressing problems
  • 18. Content  Leading sustainable enterprises, social venture fund practicum, global poverty alleviation, Ecoleadership, Energy and the environment  Depth  Immersion, experiential-based, problem – based, effectuation  Reach  Nexus of the increasing overlap between the public, private, and voluntary sectors  Government, NGOs, Corporate, SE and practitioners
  • 19. Resources (Resource Activities (Operating Outputs Short and Long Term Impact Strategy) Model) Outcomes In order to accomplish our set of In order to address our problem, we We expect that once We expect that if accomplished, We expect if accomplished these activities, we will need the will accomplish the following accomplished these these activities will lead to the activities will lead to the following: activities activities will produce the following changes in 1-3 then 4-6 following changes in 7-10 years following evidence or years service delivery Faculty Develop curricula and co-curricula Students initiatives and programs Alumni • Curriculum Mentors •Pedagogy Partnerships •Internships Social Enterprise/Orgs •Experiential learning Aspiring Social Launch and Impact – e.g., poverty •Problem-based learning Entrepreneurs and Intrapreneurship alleviation, economic •Connecting theory and practice Innovators Activities and social stability, etc.
  • 20. Social Entrepreneurship Support  Websites  www.ashoka.org, www.changemakers.net  www.skollfoundation.org/socialedge  www.se-alliance.org  www.echoinggreen.org  www.aspeninstitute.org  Conferences  NYU Stern Social Entrepreneurship Conference  Skoll World Forum on Social Entrepreneurship