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Suresh K. Krishna
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.
Read more
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.
Read more
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.
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OpenCourser.com/course/qyoper/creating
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What's inside
Syllabus
Introduction to Social Business
“Every time I see a problem, I create a business to solve it,” 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.
Read more
Syllabus
Introduction to Social Business
“Every time I see a problem, I create a business to solve it,” 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.
Read more
Building a Social Business: The first step
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.
Peer Graded Assignment: The first step
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.
Building a Social Business: Making it effective
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.
Peer Graded Assignment: Social Business Canvas
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.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Introduces social business concepts and practices, providing a solid foundation for learners
Focuses on building and running effective social businesses, equipping learners with practical skills
Taught by industry experts, including the founder of the social business movement, Professor Muhammad Yunus, ensuring credibility and relevance
Emphasizes the importance of social impact and sustainability, aligning with growing industry trends
Involves peer-graded assignments, fostering collaboration and feedback among learners
Covers diverse aspects of social business, from problem identification to stakeholder management, providing a comprehensive overview
Save this course
Save Creating a Social Business to your list so you can find it easily later:
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Reviews summary
Social business savvy
Learners say this course on social business is great to learn about creating societal impact through market forces.
Course provides knowledge on how to use business for social good.
"Great Learning for anyone looking to utilize market forces to create social impact. "
Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Creating a Social Business with these
activities:
Review business ethics basics
Show steps
This will help refresh your background knowledge and ensure that you are prepared for the course content.
Browse courses on
Business Ethics
Show steps
-
Review lecture notes
-
Read a chapter from a business ethics textbook
Financial Management Fundamentals
Show steps
Expand your knowledge base by reviewing financial management fundamentals, ensuring that you have a solid foundation to understand the financial aspects of social businesses.
Browse courses on
Financial Literacy
Show steps
-
Review basic accounting principles and concepts.
-
Familiarize yourself with financial statements, such as income statements and balance sheets.
-
Learn about budgeting, cash flow management, and financial planning.
-
Practice financial calculations and analysis.
Course Materials Review and Integration
Show steps
Enhance your understanding and retention by reviewing, organizing, and consolidating course materials, ensuring that key concepts and ideas are deeply embedded in your memory.
Show steps
-
Gather all course materials, including notes, slides, assignments, and readings.
-
Review the materials regularly, focusing on understanding the main concepts.
-
Identify any gaps in your understanding and seek clarification from the instructor or classmates.
-
Create summaries, diagrams, or flashcards to reinforce your learning.
Three other activities
Expand to see all activities and additional details
Show all six activities
Guided Tutorials on Social Business Concepts
Show steps
Consolidate your understanding of social business concepts and principles through guided tutorials, enhancing your grasp of the core ideas presented in the course.
Browse courses on
Social Entrepreneurship
Show steps
-
Identify a reputable online platform or resource offering guided tutorials on social business topics.
-
Select tutorials that align with the concepts covered in the course.
-
Follow the instructions and complete the tutorials thoroughly.
-
Take notes and record any questions or insights for further discussion.
Practice case studies
Show steps
Solving case studies sharpens analytical skills and allows you to apply the course material to real-world scenarios
Show steps
-
Identify the problem statement
-
Gather relevant data and information
-
Analyze the data to identify root causes and potential solutions
-
Develop recommendations for solving the problem
Attend a networking event
Show steps
Networking with professionals in the social business field provides insights and opportunities
Show steps
-
Research and identify relevant networking events
-
Prepare an elevator pitch about your social business idea
-
Attend the event and connect with attendees
Review business ethics basics
Show steps
This will help refresh your background knowledge and ensure that you are prepared for the course content.
Browse courses on
Business Ethics
Show steps
Show steps
Show steps
- Review lecture notes
- Read a chapter from a business ethics textbook
Financial Management Fundamentals
Show steps
Expand your knowledge base by reviewing financial management fundamentals, ensuring that you have a solid foundation to understand the financial aspects of social businesses.
Browse courses on
Financial Literacy
Show steps
Show steps
Show steps
- Review basic accounting principles and concepts.
- Familiarize yourself with financial statements, such as income statements and balance sheets.
- Learn about budgeting, cash flow management, and financial planning.
- Practice financial calculations and analysis.
Course Materials Review and Integration
Show steps
Enhance your understanding and retention by reviewing, organizing, and consolidating course materials, ensuring that key concepts and ideas are deeply embedded in your memory.
Show steps
Show steps
Show steps
- Gather all course materials, including notes, slides, assignments, and readings.
- Review the materials regularly, focusing on understanding the main concepts.
- Identify any gaps in your understanding and seek clarification from the instructor or classmates.
- Create summaries, diagrams, or flashcards to reinforce your learning.
Three other activities
Expand to see all activities and additional details
Show all six activities
Guided Tutorials on Social Business Concepts
Show steps
Consolidate your understanding of social business concepts and principles through guided tutorials, enhancing your grasp of the core ideas presented in the course.
Browse courses on
Social Entrepreneurship
Show steps
Show steps
Show steps
- Identify a reputable online platform or resource offering guided tutorials on social business topics.
- Select tutorials that align with the concepts covered in the course.
- Follow the instructions and complete the tutorials thoroughly.
- Take notes and record any questions or insights for further discussion.
Practice case studies
Show steps
Solving case studies sharpens analytical skills and allows you to apply the course material to real-world scenarios
Show steps
Show steps
Show steps
- Identify the problem statement
- Gather relevant data and information
- Analyze the data to identify root causes and potential solutions
- Develop recommendations for solving the problem
Attend a networking event
Show steps
Networking with professionals in the social business field provides insights and opportunities
Show steps
Show steps
Show steps
- Research and identify relevant networking events
- Prepare an elevator pitch about your social business idea
- Attend the event and connect with attendees
Career center
Learners who complete Creating a Social Business will develop knowledge and skills
that may be useful to these careers:
Social Entrepreneur
Social Entrepreneur
Social entrepreneurs are individuals who use business principles to solve social problems. They may start their own businesses or work with existing organizations to create change. A course on creating a social business can be a valuable resource for social entrepreneurs. The course can provide them with the tools and knowledge they need to develop and implement effective social business models.
Impact Investor
Impact Investor
Impact investors invest in companies and organizations that are focused on social or environmental impact. A course on creating a social business can be beneficial for impact investors who want to learn more about how to identify and evaluate social businesses for investment.
Social Impact Analyst
Social Impact Analyst
Social impact analysts measure and evaluate the social and environmental impact of businesses and organizations. A course on creating a social business can be beneficial for social impact analysts who want to learn more about how to design and implement effective social impact measurement strategies.
Philanthropy Advisor
Philanthropy Advisor
Philanthropy advisors help individuals and families to make strategic charitable donations. A course on creating a social business can be beneficial for philanthropy advisors who want to learn more about how to identify and evaluate social businesses for charitable giving.
Consultant
Consultant
Consultants work with businesses and organizations of all sizes to help them improve their performance. They may specialize in a particular area, such as finance, marketing, or human resources. A course on creating a social business can be beneficial for consultants who want to work with social enterprises or businesses that are focused on social impact. The course can provide consultants with the knowledge and skills they need to understand the unique challenges and opportunities of social businesses.
Corporate Social Responsibility Manager
Corporate Social Responsibility Manager
Corporate social responsibility managers are responsible for developing and implementing corporate social responsibility strategies for businesses. They may work in a variety of industries, including retail, manufacturing, and technology. A course on creating a social business may be helpful for corporate social responsibility managers who want to learn more about how to create and implement effective CSR strategies.
Nonprofit Manager
Nonprofit Manager
Nonprofit managers oversee the operations of nonprofit organizations. They are responsible for planning, budgeting, and fundraising. A course on creating a social business may be helpful for nonprofit managers who want to learn more about how to run their organizations in a sustainable and efficient manner.
Communications Manager
Communications Manager
Communications managers are responsible for developing and implementing communications strategies for businesses and organizations. A course on creating a social business may be helpful for communications managers who want to learn more about how to communicate about social businesses and social impact.
Marketing Manager
Marketing Manager
Marketing managers are responsible for developing and implementing marketing strategies for businesses and organizations. A course on creating a social business may be helpful for marketing managers who want to learn more about how to market social businesses and social impact.
Sustainability Manager
Sustainability Manager
Sustainability managers are responsible for developing and implementing sustainability strategies for organizations. They may work in a variety of industries, including manufacturing, energy, and transportation. A course on creating a social business may be helpful for sustainability managers who want to learn more about how to create and implement sustainable business practices.
Fundraising Manager
Fundraising Manager
Fundraising managers are responsible for raising funds for nonprofits and other organizations. A course on creating a social business may be helpful for fundraising managers who want to learn more about how to develop and implement effective fundraising strategies.
Sales Manager
Sales Manager
Sales managers are responsible for developing and implementing sales strategies for businesses and organizations. A course on creating a social business may be helpful for sales managers who want to learn more about how to sell social businesses and social impact.
Program Manager
Program Manager
Program managers are responsible for planning, implementing, and evaluating programs. They may work in a variety of settings, including businesses, nonprofits, and government agencies. A course on creating a social business may be beneficial for program managers who want to learn more about how to design and implement effective social programs.
Grant Writer
Grant Writer
Grant writers write proposals to secure funding for nonprofits and other organizations. A course on creating a social business may be helpful for grant writers who want to learn more about how to develop and write effective grant proposals.
Policy Analyst
Policy Analyst
Policy analysts research and analyze public policy issues. They may work for government agencies, think tanks, or advocacy organizations. A course on creating a social business can be helpful for policy analysts who want to learn more about how to develop and implement effective social policy.
For more career information including salaries, visit:
OpenCourser.com/course/qyoper/creating
Reading list
We've selected nine books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Creating a Social Business.
Provides a comprehensive overview of the social enterprise sector, covering the history, theory, and practice of social enterprise. It valuable resource for anyone who is interested in starting or running a social business.
Practical guide to starting and running a social business. It covers all aspects of social business, from developing a business plan to managing finances. It valuable resource for anyone who is interested in starting or running a social business.
Argues that innovation is the key to lifting nations out of poverty. It provides a framework for understanding how innovation can create new markets and jobs, and how it can improve the lives of the poor.
Save
Argues that poverty is not inevitable, and that it can be eradicated through a combination of economic growth and social justice. It provides a comprehensive plan for achieving the end of poverty.
Provides a look at the latest technologies and ideas that are shaping the future of business and society. It offers insights into how these technologies can be used to create new opportunities and solve social problems.
Provides a framework for understanding why large, successful companies often fail to innovate. It argues that companies become complacent when they are successful, and that they are often slow to adopt new technologies.
Provides a guide to the Lean Startup methodology, which way of developing new products and services quickly and efficiently. It valuable resource for anyone who is interested in starting a new business.
Save
Provides a look at the science of habit formation. It explains how habits are formed, and how they can be changed. It valuable resource for anyone who is interested in learning how to change their habits for the better.
Save
Provides a look at the science of motivation. It explains what motivates people, and how motivation can be used to achieve success. It valuable resource for anyone who is interested in learning how to motivate themselves and others.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/qyoper/creating
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Effort
5 weeks of study, 3-4 hours/week
Level
Introductory
Via
Coursera
Institution
Yunus Social Business Fund Bengaluru
Instructor
Suresh K. Krishna
Language
English
Transcript
tiếng Việt
This course belongs to a
collection
called
Strategy and Finance for the lifecycle of a Social Business. It's comprised of five courses:
- Value and Business Decision Making
- Financial Markets and Instruments
- Risk, Return and Valuation
- Creating a Social Business (viewing)
- Value and Individual Decision Making
Good to know
Introduces social business concepts and practices, providing a solid foundation for learners
Focuses on building and running effective social businesses, equipping learners with practical skills
Taught by industry experts, including the founder of the social business movement, Professor Muhammad Yunus, ensuring credibility and relevance
Emphasizes the importance of social impact and sustainability, aligning with growing industry trends
Involves peer-graded assignments, fostering collaboration and feedback among learners
Covers diverse aspects of social business, from problem identification to stakeholder management, providing a comprehensive overview
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