N/A N/A. Yes. Students are expected to review and understand all areas of the course outline.

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1 Course Outline School: Department: Course Title: Business Business Management Ecological Economics & Develop Course Code: ENTP 304 Course Hours/Credits: 42 Prerequisites: Co-requisites: Eligible for Prior Learning, Assessment and Recognition: Originated by: N/A N/A Yes Basil Chen Current Semester: Summer 2015 Approved by: Chairperson/Dean Students are expected to review and understand all areas of the course outline. Retain this course outline for future transfer credit applications. A fee may be charged for additional copies. This course outline is available in alternative formats upon request.

2 Course Description ENTP 304 Social is a fifth semester course in the Business Administration program. The term social entrepreneurship refers to the notion of using entrepreneurial skills and innovative strategies to deliver positive societal impact, and at the same time contribute to economic wealth building in both profit and non-profit sectors. The course emphasizes the need to explore fresh and new approaches of doing business that not only contributes to bottom line profit but also address social problems and create social benefits. The topics the course intends to explore include but not limited to recognizing social opportunities; developing a strategic plan for social venture; funding social ventures; exploring growth strategies for ventures and measuring social impacts. Students will learn to identify key attributes of a social entrepreneur and develop the skills to formulate a comprehensive business plan from a social entrepreneur s perspective. Program Outcomes Successful completion of this and other courses in the program culminates in the achievement of the Vocational Learning Outcomes (program outcomes) set by the Ministry of Training, Colleges and Universities in the Program Standard. The VLOs express the learning a student must reliably demonstrate before graduation. To ensure a meaningful learning experience and to better understand how this course and program prepare graduates for success, students are encouraged to review the Program Standard by visiting For apprenticeship-based programs, visit Course Learning Outcomes The student will reliably demonstrate the ability to: Understand the characteristics of social entrepreneurship that position it as a powerful force for solving society s problems Recognize the similarities and differences between business entrepreneurship and social entrepreneurship; and understand what motivates social entrepreneurs to pursue their mission Assess an idea for its viability as true opportunity to add social value and formulate a social value proposition Develop a strategic plan for a social venture in a compelling and conncise manner that includes a robust financial model Master the choice set available to social entrepreneurs when making decision regarding the organizational structure (profit, nonprofit, and hybrid models) of their venture Formulate robust funding strategies for social ventures and identify key financial drivers of an enterprise that can help direct the social entrepreneur to the appropriate capital source Measure and communicate the social impact of a venture s efforts quantifying and monetizing impact for a venture s stakeholders (investors, management team, employees, customers, etc.) Scale a social venture explore tactics and strategies for extending the venture s reach Explore future opportunities for social entrepreneurs, including features, areas, and sectors where innovative solutions for systematic change and impact are needed Identify key attributes of a social entrepreneur THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 2

3 11. Formulate and write up a comprehensive business plan (from a social entrepreneur s perspective) detailing bottom line profit and solid measurable contributions to society Essential Employability Skills (EES) The student will reliably demonstrate the ability to*: 3. Execute mathematical operations accurately. 7. Analyze, evaluate, and apply relevant information from a variety of sources. 8. Show respect for diverse opinions, values belief systems, and contributions of others. 9. Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals. *There are 11 Essential Employability Skills outcomes as per the Ministry Program Standard. Of these 11 outcomes, the following will be assessed in this course. Global Citizenship and Equity (GC&E) Outcomes The student will reliably demonstrate the ability to*: 6. Support personal and social responsibility initiatives at the local, national or global level. *There are 6 institutional Global Citizenship & Equity outcomes. Of these 6 outcomes, the following will be assessed in this course. Text and other Instructional/Learning Materials Text Book(s): by Jill Kickill and Thomas S. Lyons New York ISBN: Online Resource(s): Additional readings (articles, websites, and handouts) as specified by the instructor. Rutledge (2012) New York, Evaluation Scheme #1: Profiles of Canadian Social Entrepreneur Quiz #1: Content from Chapter 1,2 Mid-term Test: Contents from Chapter 1,2,3,4, Quiz #2: Contents from Chapter 5,6, #2: Crafting robust business plan Evaluation Name CLO(s) EES GCE Outcome(s) Outcome(s) Weight/100 #1 1, 2, 9, 10 8, Quiz #1 1, 2, Mid-term Test 1, 2, 3, 4, 5, 3, , 7 Quiz #2 7, 8, #2 11 3, Total 100% If students are unable to write a test they should immediately contact their professor or program Chair for advice. In exceptional and well documented circumstances (e.g. unforeseen family problems, serious illness, or death of a close family member), students may be able to write a make-up test. All submitted work may be reviewed for authenticity and originality utilizing Turnitin. Students who do not THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 3

4 wish to have their work submitted to Turnitin must, by the end of the second week of class, communicate this in writing to the instructor and make mutually agreeable alternate arrangements. When writing tests, students must be able to produce official College photo identification or they may be refused the right to take the test or test results will be void. Student Accommodation It is College Policy to provide accommodation based on grounds defined in the Ontario Human Rights Code. Accommodation may include modifications to standard practices. Students with disabilities who require academic accommodations must register with the Centre for Students with Disabilities. Students requiring accommodation based on other human rights grounds should talk with their professors as early as possible. Please see the Student Accommodation Policy. Use of Dictionaries Any dictionary (hard copy or electronic) may be used in regular class work. Dictionaries may be used in tests and examinations, or in portions of tests and examinations, as long as they are non-electronic (not capable of storing information) and hard copy (reviewed by the invigilator to ensure notes are not incorporated that would affect test or examination integrity). Program or School Policies N/A Course Policies N/A College Policies Students should familiarize themselves with all College Policies that cover academic matters and student conduct. All students and employees have the right to study and work in an environment that is free from discrimination and harassment and promotes respect and equity. Centennial policies ensure all incidents of harassment, discrimination, bullying and violence will be addressed and responded to accordingly. Academic honesty is integral to the learning process and a necessary ingredient of academic integrity. Academic dishonesty includes cheating, plagiarism, and impersonation. All of these occur when the work of others is presented by a student as their own and/or without citing sources of information. Breaches of academic honesty may result in a failing grade on the assignment/course, suspension or expulsion from the college. For more information on these and other policies, please visit Students enrolled in a joint or collaborative program are subject to the partner institution's academic THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 4

5 policies. PLAR Process This course is eligible for Prior Learning Assessment and Recognition (PLAR). PLAR is a process by which course credit may be granted for past learning acquired through work or other life experiences. The PLAR process involves completing an assessment (portfolio, test, assignment, etc.) that reliably demonstrates achievement of the course learning outcomes. Contact the academic school to obtain information on the PLAR process and the required assessment. This course outline and its associated weekly topical(s) may not be reproduced, in whole or in part, without the prior permission of Centennial College. THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 5

6 Topical Outline (subject to change): Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Name 1 Introduction to Social Canadian Websites gov.on.ca/english/pp/s ocial.shtml ca/ 2 Defining and Distinguishing Social Website Recognizing Social Opportunities Base of Pyramid (BOP) concept Fortune at the Bottom of the Pyramid Chapter 1 General websites to provide the context for Social : rs.com/ e.org/ et/ on.org/skollentrepreneurs/ Chapter 2 Chapter 3 understand the economic considerations, particularly market failures, that make social entrepreneurship desirable and necessary; recognize why governments are sometimes unable to solve social and/or environmental problems; understand why private businesses are unwilling to address social and/or environmental problems; become familiar with the relatively recent developments that make social entrepreneurship possible; understand the characteristics of social entrepreneurship that position it as a powerful force for solving society s problems understand what constitute social entrepreneurship; recognize the similarities and differences between business entrepreneurship and social entrepreneurship; understand what motivates social entrepreneur to pursue their mission; envision and follow the social entrepreneur process: who are the actors, what resources are required, what relationship must be developed, and which contextual factors are at play. recognize sources of ideas for social entrepreneurship; assess an idea for its viability as a true opportunity to add social value; understand the forms innovation takes and the role it plays in opportunity recognition and implementation; recognize forms of resistance to social Class discussion Case Analysis Begin #1 (15%) Quiz #1 (15%) Chapter 1,2 Week 3 #1 Progress Report (Week 4) Evaluation Date THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 6

7 Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Name.edu/~brewer/ict4b/Fo innovation and devise strategies for rtune-bop.pdf overcoming them; grasp the nature and importance of a social ypartners.com/ge%2 value proposition (SVP). 0Heathcare%20BOP %20Article.pdf Evaluation Date 5-6 Developing a Strategic Plan for a Social Venture Financial projections: Income statement Cash flows Balance sheet 7 Organizational Structure 8-9 Funding Social Ventures Financial forecasting Chapter 4 Chapter 5 Chapter 6 recognize the importance of strategic planning to a new social venture; understanding all the relevant information needed within a social venture; construct a framework and steps for structuring a social venture plan; put all the social venture plan sections together in a compelling and concise manner; prepare a comprehensive social venture plan including financial projections. appreciate the importance of organizational structure to the financing, accountability, and legitimacy of a social venture understand the nature, strengths, and limitations of the pure nonprofit structural form; understand the nature, strengths, and limitations of the pure for-profit structural form; understand the multiple manifestations of the hybrid structural form; master the choice set available to social entrepreneurs when making decisions regarding the organizational structure of their ventures. understand the challenges social entrepreneurs encounter when raising capital for their social ventures; examine the financial drivers of an enterprise and help direct a social entrepreneur to the appropriate capital source; gain an awareness of the intentions of investors across the social capital market; assess risk, return, and impact from different stakeholder s perspectives; conduct investment due diligence process for #1 Due (Week 6) Midterm Test (Chapter 1,2,3,4) 25% Quiz #2 (Chapter 5,6) 15% Begin #2 (Week 8) 30% THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 7

8 Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Name social entrepreneurs and make investment decisions; build partnerships with investors in order to create impact Measuring Social Impact IPAT Equation scale.org/conceptualf ramework/understand ingscale/measuringsc ale/theipatequation. aspx Global Initiative Reporting orting.org/pages/defa ult.aspx 12 Scaling the social venture 13 The Future of Social 14 Group presentation of business plan #2 Chapter 7 Chapter 8 Chapter 9 examine the steps involved in measuring, quantifying, and monetizing impact for a venture s stakeholders (investors, management teams, employees, customers, etc.); measure the value of a venture s social impact such as cost-effectiveness analysis, cost-benefit analysis, social return on investment (SROI), etc.; cite examples of how to measure and quantify a new venture s social capital; understand the IPAT equation. understand the salient reasons for scaling a social venture; appreciate and address the obstacles to scaling; identify the organizational capacities essential to a scaling effort; master the strategies available to social entrepreneurs for scaling their ventures and the strengths and limitations of each of those strategies. Identify the latest ideas and innovations seen in the field of social entrepreneurship; Understand new approaches and behaviors when resources for social entrepreneurship are scarce; attune to the future need for catalytic innovations for social impact; scan for future trends in social entrepreneurship Case Analysis #2 Progress Report (Week 11) Review Review Presentation #2 due Evaluation Date THIS COURSE ADHERES TO ALL COLLEGE POLICIES (See College Calendar) 8