This unit takes students to India for an intensive immersion into the themes of social entrepreneurship and innovation by restriction. The traditional lines between private, public and non-profit sectors are being blurred by the emergence of social enterprise and shared value. That is, social entrepreneurs are finding ways to build impact models that either break even financially, or even make profit. They have done so by engaging innovative business models to solve social and environmental problems on local and global levels. Students study these themes within the context of working in teams on a real social enterprise business problem regarding strategy and scale. At the end of the unit, students have developed a working knowledge of the ideas of innovation by restriction, how to overcome issues of scaling a social enterprise in an emerging market, and cultural intelligence about working overseas. Students are expected to reflect on how the key themes and lessons can be applied to their own professional environments back in Australia.
2 pre-departure evening meetings, 10-day block intensive
charity versus social business analysis (10%); business problem presentation (40%); business problem report (20%); reflection (30%)
SMBA6001 and SMBA6002