MLD-831 Entrepreneurship in the Private and Social Sectors. John F. Kennedy School of Government Harvard University Spring Term (1 credit)

Transcription

1 January 31, 2017 MLD-831 Entrepreneurship in the Private and Social Sectors John F. Kennedy School of Government Harvard University Spring Term (1 credit) Mondays 4:15pm- 6pm Weil Town Hall (BL-1) Belfer Lobby Shopping Day: Friday, January 20, :15-5:30 pm Littauer 332 Introductory Session: Monday, January 23, :15-6:00 pm Weil Town Hall (BL-1) Faculty: Richard E. Cavanagh Phone: Course Assistant: Rana Abdelhamid Faculty Assistant: Scott Stackpole Phone:

2 Course Description and Requirements MLD-831 applies the theory and practice of entrepreneurial management in the private and social sectors to business plans for start-ups. The course seeks to prepare students for future leadership in entrepreneurial ventures. In particular this Spring seminar is designed for students who are prepared to (1) Create a business plan for a social venture, or (2) Perfect one they have already developed For most of the course, with the help of readings and case studies, we will discuss and explore entrepreneurial strategies, management and leadership in each sector. And for much of the latter half, at each class session students will give short oral presentations on the progress of their business plans. Each student will prepare and submit an individual page business plan, for a present or prospective entrepreneurial venture - - applying the course insights to a proposal/business plan for a new venture. Grades will be based 1/2 on the quality of class participation, (including the business plan presentations); and 1/2 on the individual term paper/business plan. Students without prior academic or professional exposure to financial management are urged to enroll in the Entrepreneurial Finance course (MLD 829 MA and MLD 829 MB) prior to or concurrently with MLD 831. Recommended Texts: Three books will figure prominently in the course, which you should own: Peter F. Drucker, Innovation and Entrepreneurship (Harper & Row Publishers, 1985) Available for purchase at the Harvard Coop or on reserve at the HKS Library Not in course packet David Bornstein, How to Change the World: Social Entrepreneurs and the Power of New Ideas (Oxford University Press, 2004) Available for purchase at the Harvard Coop or on reserve at the HKS Library Not in course packet Ashoka Innovators for the Public, Leading Social Entrepreneurs (Arlington, VA) To be provided by instructor Not in course packet 2

3 MLD-831 Schedule Session 1: Monday, January 23 What is Entrepreneurship? Global Heroes: A Special Report on Entrepreneurship (March 14, 2009) The Economist. Pp.1-20 Schumpeter, Joseph A., The Theory of Economic Development, Harvard University Press: Cambridge, Pp Drucker, Peter F., Innovation and Entrepreneurship: Practices and Principles, Harper & Row Publishers: New York, 1985.Introduction and Chapter 1. Stevenson, Howard H., A Perspective on Entrepreneurship, Apr. 13, HBS Case no Session 2: Monday, January 30 Private Sector I Drucker, Peter F., Innovation and Entrepreneurship: Practices and Principles, Harper & Row Publishers: New York, 1985, Chapters 2-10 Starbucks: Howard Schultz vs. Howard Schultz (August 6, 2009) Business Week, Pp Miller, Claire Cain, Now at Starbucks: A Rebound (January 20, 2010) The New York Times. Farrell, Greg, Return of the Barrista-in-Chief (March 22, 2010) Financial Times: Koehn, Nancy F., Howard Schultz and Starbucks Coffee Company, Sept. 30, HBS Case no

4 Session 3: Monday, February 6 Business Plans Drucker, Peter F., Innovation and Entrepreneurship, Chapter 15 Stevenson, Howard H. and Michael J. Roberts, New Venture Financing, Aug. 1, HBS Note no Foreman, Judy, The Big Thaw, The Boston Globe, July 6, Higgins, Robert, F., Introduction to Business Plans, 2012, pp Sahlman, William, How to Write a Great Business Plan, July 1, Harvard Business Review, # Walton, Ennis J. and Michael J. Roberts, The Business Plan, Oct. 21, HBS Case no Hart, Myra and Sylvia Sensiper, Extend Fertility, July 21, HBS Case no. N Session 4: Monday, February 13 Process Innovation Social and Commercial Drucker, Peter F., Innovation and Entrepreneurship, Chapters 11, 12, 13, 14. Anand, Geeta, The Henry Ford of Heart Surgery, The Wall Street Journal, November 21-22, 2009, Pp. 1, 12. CASES: Rangan, Kasturi, The Aravind Eye Hospital, Madurai, India: In Service for Sight, Jan. 10, 2007, HBS Case no Khanna, T. and Rangan, Kasturi, Narayana Hrudaylaya Heart Hospital: Cardiac Care for the Poor, April 25, 2006, HBS Case no Monday, February 20 Presidents Day Holiday 4

5 Session 5: Monday, February 27 Microfinance-Social and Commercial Bornstein, David, How to Change the World: Social Entrepreneurs and the Power of New Ideas, Chapters 1, 8, 18, 21. Dees, J. Gregory, The Meaning of Social Entrepreneurship, Pp. 1-5 World Microfinance Forum Geneva, (October 2008), Is it fair to do business with the poor? Pp Neha, Thirani, India Ink, Yunus Was Right, SKS Microfinance Founder Says, New York Times, Feb. 27, 2012 Vikas Bajaj, Amid Scandal, Chairman of Troubled Lender Will Quit, New York Times, November 23, 2011 CASES: Harvard Kennedy School of Government Case Program, Muhammad Yunus and the Grameen Bank, HKS Case no Cole, Shawn A, and Theresa Chen. SKS Microfinance, HBS Case , March 16, Harvard Kennedy School Case, Akhuwat: Fighting Poverty with Interest-Free Microfinance, HKS Case No Session 6: Monday, March 6 Private Sector Zipcar The best new idea in business (September 24, 2009) Fortune, cover and Pp Hammermesh, Richard G., Paul W. Marshall and Taz Pirmohamed, Note on Business Model Analysis for the Entrepreneur, Jan. 22, 2002, HBS Case no Hart, Myra, Michael J. Roberts and Julia D. Stevens, Zipcar: Refining the Business Model, Oct. 1, HBS Case no Visit by an entrepreneur/angel investor (invited) 5

6 Monday, March SPRING BREAK Session 7: Monday, March 20 Social Sector Funders Ashoka Innovators for the Public, Leading Social Entrepreneurs, Ashoka (To be distributed) Bellows, Keith, Agent of Change, National Geographic Traveler, July 1, 2008, Pp Bornstein, David, How to Change the World, Chapters 2, 5, 6, 10, 12, 14, 20 and 21. Caplan, Jeremy and Dell, Kristina, The Case For National Service, Time, August 30, ,00.html Drayton, Bill, Everyone A Changemaker: Social Entrepreneurship s Ultimate Goal, MIT Press with Harvard University and George Mason University, Pp Drayton, Bill, Tipping the world: The power of collaborative entrepreneurship, What Matters, McKinsey & Company, 8 April 2010 Goff, Clare, The Steady Rise of the Citizen Sector, Financial Times, March 1, Session 8: Monday, March 27 Social Sector Funders II Battilana, Julie, Lee, Mathew, Walker, and Dorsey, Cheryl: In Search of the Hybrid Ideal, Stanford Social Innovation Review, (Summer 2012), pp Dorsey, Cheryl, Toward a Theory of SEQ (Social Entrepreneurship Quotient), Echoing Green, October Echoing Green Annual Report (To be distributed) Battilana, Julie, Delong, Thomas, and Weber, James, Echoing Green, HBS Case no , December 7, Visit by Echoing Green leader (invited). 6

7 Session 9: Monday, April 3 Cross Sector Joint Ventures Werth, Barry, Billion Dollar Molecule, (New York: Simon & Schuster, 1994). Chapters 1 & 2, pp Groopman, Jerome, Open Channels: Do new Cystic-Fibrosis therapies hold the key to treating other genetic disorders? The New Yorker, May 4, 2009, Pp Higgins, Robert F., Sophie Lamontagne and Brent Kazan, Vertex Pharmaceuticals and the Cystic Fibrosis Foundation, HBS Case no Visit by founder (invited). Session 10: Monday, April 10 Session 11: Monday, April 17 Session 12: Monday, April 24 Presentations Presentations Presentations Friday, May 5 Final papers (business plans) Due by 5 pm 7

8 8 CLASS CALENDAR MLD Spring 2017 JANUARY Sun Mon Tues Holiday- MLK Day FEBRUARY MARCH Intro Weil Town Hall, (BL 1) January Starbucks 5 6 Extend Fertility Arayinda/ Narayana Presidents Day February Grameen/SKS 5 6 Zipcar APRIL MAY