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Business Strategies for Social Impact

Approx. 11 hours to complete

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Course Summary

This course by Wharton School teaches students how to create and measure social impact through successful business models. It covers topics such as impact investing, social entrepreneurship, corporate social responsibility, and effective non-profit management.

Key Learning Points

Learn how to create and measure social impact through effective business models
Understand impact investing, social entrepreneurship, corporate social responsibility, and non-profit management
Gain the skills needed to drive positive social change through business

Learning Outcomes

Understand the key strategies for creating social impact through effective business models
Learn how to measure and evaluate the social impact of business initiatives
Gain the skills needed to drive positive social change through business

Prerequisites or good to have knowledge before taking this course

Basic knowledge of business principles
Interest in creating social impact through business

Course Difficulty Level

Intermediate

Course Format

Online self-paced
Video lectures
Assignments and quizzes

Similar Courses

Social Enterprise: Business Doing Good
Impact Investing

Related Education Paths

Notable People in This Field

Jacqueline Novogratz
Muhammad Yunus

Related Books

Description

When is it good business practice to invest for social good? What are the most innovative and effective business strategies for developing positive social impact around the world? Designed by renowned Wharton professors Katherine Klein and Chris Geczy to help individuals, organizations, and investors bring about societal change, this course introduces the fundamentals of impact investing, and developing a business strategy that drives social impact. You’ll learn how to become a leader who cultivates purpose and inspires change, measure societal impact through evidence-based models, and invest in ventures effectively and meaningfully. By the end of this course, you’ll have a deep understanding of the realities of leading an organization with purpose, and be able to build successful strategies that bring impactful change to the world.

Outline

Module 1: Purpose-Driven Leadership
Introduction
The Role of Business is Changing
Cultivate Your Purpose
(Optional) Interview with Derek Handley
(Optional) Interview with Kyle Zimmer: Part 1
Test Your Assumptions
Find the Win-Win
(Optional) Interview with Chad Dickerson: Part 1
(Optional) Interview with Bobby Turner
(Optional) Interview with Kyle Zimmer: Part 2
Bring it Home
(Optional) Interview with Chad Dickerson: Part 2
(Optional) Interview with Kat Taylor
(Optional) Interview with Jostein Solheim
(Optional) Interview with Kyle Zimmer: Part 3
Evaluate, Revise, and Renew
Module Wrap-Up
Reading - Cultivate Your Purpose Worksheet
Reading - Test Your Assumptions Worksheet
Reading: Logic Model Worksheet
Module 1 - Lecture Slides
Module 1 Quiz

Module 2: How Business Drives Social Impact
Introduction: How Business Drives Social Impact
Driving Impact - How, Why, and What
Practices: Employment with Nick Ashburn
Practices: Operations and Supply with Nick Ashburn
Practices: Investment with Nick Ashburn
Products and Services with Nick Ashburn
Philanthropy with Nick Ashburn
Impact and Profit
Conclusion
(Optional) Interview with Bart Houlahan
(Optional) Interview with Lisa Hall
Module 2 - Lecture Slides
Module 2 Quiz

Module 3: Impact Measurement
Introduction to Impact Measurement
What is the Impact of X?
Standards of Evidence
Logic Model Level 1
Logic Model Level 2
Logic Model Level 3
Logic Model Level 4
Logic Model Level 5
Logic Model Level Q
Conclusion
Module 3 - Lecture Slides
Module 3 Quiz

Module 4: Impact Investing
Introduction to Impact Investing
Global Trends
Classic Impact Investing
Great Expectations
The Community
What Can Government Do?
Shareholder Activism
Is There an (Expected) Cost to Social Investing?
Module 4 - Lecture Slides
Survey for those who have finished the Specialization
Module 4 Quiz

Summary of User Reviews

Discover how to create social impact through business with Wharton's Social Impact Strategy course. Students rave about the high-quality content and engaging instructors.

Key Aspect Users Liked About This Course

The course offers practical tools and insights that can be immediately applied to real-world situations.

Pros from User Reviews

Instructors are knowledgeable and engaging
Content is relevant and applicable
Great networking opportunities
Flexible schedule allows for self-paced learning

Cons from User Reviews

Some assignments can be time-consuming
Not enough depth in certain topics
Lack of interaction with other students
Expensive compared to other online courses

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