About this Course
In Course 3 of this Specialization you will first of all learn about Social Impact Assessment. Hence you will be able to develop a method to evaluate the social mission that you achieve while implementing your business plan. Next you will outline an appropriate communication strategy for your social enterprise and will demonstrate how to market your products and services to beneficiaries and other customers. Here you will employ an adaptable communication strategy as you move from early adopters to a broader market share. Furthermore you will determine growth strategies and how you can scale or replicate your business plan internationally in order to reach a larger number of beneficiaries. In particular you will discuss organic growth, social franchising, and an open source approach. Finally, you will evaluate exit strategies. Thus you will review options social enterprises have when they need to finance their growth but the original funders can not or do not want to finance the expansion. Course 3 will be completed by your Capstone project, which will ask you to submit the final business plan of your social venture. Note: It is highly recommended to have completed Course 1 & 2 of the Social Entrepreneurship Specialization before starting this Course!
What You'll Learn
- Develop methods to assess social mission impact
- Create adaptive communication and marketing strategies
- Identify growth and scaling strategies for social enterprise
- Discuss organic growth and franchising approaches
- Evaluate exit strategies and financing options
- Prepare a comprehensive final business plan
Prerequisites
- Basic computer and internet skills
- Ability to read course instructions and complete exercises
Instructors
Kai Hockerts
Centre for Corporate Social Responsibility