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Unit of study_

IBUS3108: Social Entrepreneurship

Semester 1, 2021 [Normal day] - Remote

Social enterprises use business solutions to make a positive impact on the world. Oftentimes for-profit entities, they make money by solving social problems. Through working on a local project with social entrepreneurs, this unit provides students with the opportunity to learn how to apply their business knowledge and skills to address complex social and environmental problems such as those described in the UN’s Sustainable Development Goals (SDGs). Social entrepreneurs are committed to furthering a social mission and rank social, environmental or cultural impact on a par with, or even above, profit. At the intersection of business and not-for-profit organisations, these social entrepreneurs are now visible and having an impact on a global scale. This unit is structured around engaged inquiry-based learning, providing students with the opportunity to learn from theory and practice. Topics include critically reviewing concepts, challenges of growing a social enterprise, frameworks for understanding, sourcing funds from a variety of stakeholders, understanding and measuring social impact, as well as collaboration and leadership.

Unit details and rules

Unit code IBUS3108
Academic unit Strategy, Innovation and Entrepreneurship
Credit points 6
Prohibitions
? 
None
Prerequisites
? 
Completion of at least 48 credit points
Corequisites
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Jarrod Vassallo, jarrod.vassallo@sydney.edu.au
Lecturer(s) Jarrod Vassallo, jarrod.vassallo@sydney.edu.au
Tutor(s) Jared Harrison, jared.harrison@sydney.edu.au
Type Description Weight Due Length
Presentation Problem identification pitch
presentation
10% -
Due date: 02 Jun 2020 at 17:00

Closing date: 29 Jun 2020
2 minutes
Outcomes assessed: LO1 LO2 LO3 LO4
Participation Engagement and participation
Ongoing workshop engagement and participation
15% Ongoing Ongoing
Outcomes assessed: LO1 LO5 LO4
Presentation Practice and final pitch
Video presentation
35% Week 12 2x 10 minutes
Outcomes assessed: LO1 LO4 LO3 LO2
Assignment group assignment Group report
Report
40% Week 13
Due date: 29 May 2020 at 17:00

Closing date: 18 Jun 2020
4000 words
Outcomes assessed: LO1 LO2 LO3 LO4
group assignment = group assignment ?

Assessment summary

  • Problem identification pitch: This assessment––comprised of a short pitch––requires you to identity an opportunity that you and your team can pursue with your project sponsor. Emphasis is placed on compiling compelling evidence that demonstrates that you’ve identified and evaluated a social enterprise opprtunity.
  • Practice and final pitch: The assignment will comprise of creating and recording a video ‘pitch’ presentation in which you showcase your business plan (or investor memorandum), including the strategic vision, strategy, operational details, and funding plan that will attract the resources needed for launching and growing the enterprise. 
  • Final report: The final report documentation will be the business plan (or investor memorandum), including the strategic vision, strategy and funding plan that will attract the resources needed for launching and growing your social enterprise. The document should provide sufficient operational detail to show how the product or service can be brought to market, and be supported with a financial spreadsheet forecasting the financial implications of the business strategy.
  • Workshop engagement and participation: You are expected to prepare readings prior to class; engage with guests, lectures, and fellow students; initiate discussion and work for your projects; and foster a community of learning and practice. Volume of interaction is worth less than quality. You will be assessed throughout the semester based on active participation. To pass this Assessment Task you are expected to attend more than 80% of classes, have prepared all readings each week, and be able to coherently participate in discussions. 

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Mid-semester break No class Workshop (3 hr)  
Week 01 Introduction; Why social entrepreneurship? Distinctions between social entrepreneurship/social innovation/social enterprise Workshop (3 hr)  
Week 02 Action Research Workshop Workshop (3 hr)  
Week 03 Social enterprise business models and kick-off calls Workshop (3 hr)  
Week 04 Social enterprise strategy (Indigenous workshop) Workshop (3 hr)  
Week 05 Social impact - understanding and measuring it Workshop (3 hr)  
Week 06 Action research week (no class, students to conduct own research) Workshop (3 hr)  
Week 07 Social enterprise funding and financing Workshop (3 hr)  
Week 08 Project sponsor meetings (students to pitch their ideas and receive feedback) Workshop (3 hr)  
Week 09 Leadership within and outside the social enterprise Workshop (3 hr)  
Week 10 Social enterprise marketing - gaining traction Workshop (3 hr)  
Week 11 'Pitch Doctor' session Workshop (3 hr)  
Week 12 'Report Doctor' session Workshop (3 hr)  
Week 13 Social entrepreneurship - reflections and critique Workshop (3 hr)  

Attendance and class requirements

Lecture recording: All lectures and seminars are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee that the system will operate or that every class will be recorded. Students should ensure they attend and participate in all classes.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit can be accessed through the Library eReserve, available on Canvas.

In addition, we recommend the “The Social Entrepreneur's Playbook, Expanded Edition: Pressure Test, Plan, Launch and Scale Your Social Enterprise (Expanded Edition, 2013)” e-book by Ian C. MacMillan and James D. Thompson, which is available for download from the University of Sydney Library.

 

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. identify and evaluate social entrepreneurship opportunities
  • LO2. develop strategy for a social enterprise
  • LO3. prepare and present documentation to secure stakeholder support
  • LO4. develop the skills and attitudes required of a successful social entrepreneur relevant to not-for-profit as well as for-profit social enterprises locally and internationally
  • LO5. reflect on social entrepreneurship theory and practice.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

Due to larger student numbers, the pitch assessment will now be submitted as a video recording.

More information can be found on Canvas.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.