MLD-830 B Entrepreneurship in the Private and Social Sectors. John F. Kennedy School of Government Harvard University Spring Term (1 credit)

Transcription

1 March 24, 2015 MLD-830 B Entrepreneurship in the Private and Social Sectors John F. Kennedy School of Government Harvard University Spring Term (1 credit) Mondays 4:10pm- 6pm Weil Town Hall (BL-1) Belfer Lobby Richard E. Cavanagh Dick_Cavanagh@harvard.edu Phone: Course Assistant: Cassie Collier cassie_collier@hks15.harvard.edu Phone: Faculty Assistant: Rosita Scarfo Rosita_Scarfo@harvard.edu Phone:

2 Course Description and Requirements MLD-830 B (like its Fall offering MLD 830 A) explores the theory and practice of entrepreneurial management in the private and social sectors. The course seeks to prepare students for future work and leadership in and with entrepreneurial ventures and to provide an informed perspective to those who may someday promote or regulate such 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 some students will give short oral presentations on the progress of their business plans. Each student will prepare and submit an individual page term paper (business plan), for a present or prospective entrepreneurial venture - - applying the course insights to either a case study or 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 830 B Recommended Texts: Four 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 Donald Clifford and Richard E. Cavanagh The Winning Performance: How America s Midsize Companies Succeed (New York: Bantam Books, 4 th edition, 1985) To be provided gratis by the instructor Not in course packet 2

3 Ashoka Innovators for the Public, Leading Social Entrepreneurs (Arlington, VA) To be provided by instructor Not in course packet MLD-830 B Schedule Session 1: Monday, January 26 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, February 2 Private Sector Clifford & Cavanagh, The Winning Performance, Chapters 1, 2 and 8. 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 CASE: 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) Session 3: Monday, February 9 CANCELLED Due to Snow Storm 3

4 Monday, February 16 Presidents Day Holiday Session 4: Monday, February 23 Social Sector Funders 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) CASE: Battilana, Julie, Delong, Thomas, and Weber, James, Echoing Green, HBS Case no , December 7, Visit by Echoing Green leader (invited). Session 5: Monday, March 2 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 CASE: Hart, Myra and Sylvia Sensiper, Extended Fertility, July 21, HBS Case no. N

5 Visit by an entrepreneur/investor (invited). Session 6: Monday, March 9 Process Innovation Social and Commercial Drucker, Peter F., Innovation and Entrepreneurship, Chapters 11, 12, 13, 14. Clifford & Cavanagh, The Winning Performance, Chapter 3. 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, March 16 Spring Break Session 7: Monday, March 23 Microfinance-Social and Commercial CASES: 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 Kennedy School of Government Case Program, Muhammad Yunus and the Grameen Bank, KSG Case no

6 Cole, Shawn A., and Theresa Chen. "SKS Microfinance." HBS Case , March 16, 2009 Session 8: Monday, March 30 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 CASE: Higgins, Robert F., Sophie Lamontagne and Brent Kazan, Vertex Pharmaceuticals and the Cystic Fibrosis Foundation, HBS Case no Session 9: Monday, April 6 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, Visit by founder (invited). 6

7 Session 10: Monday, April 13 Session 11: Monday, April 20 Session 12: Monday, April 27 Wednesday, May 8 Final papers (business plans) Due by 5 pm 7

8 CLASS CALENDAR MLD 830B - Spring 2014 Sun Mon Tues Wed Thurs Fri Sat JANUARY Holiday- MLK Day Shopping Day BL Intro Weil Town Hall, (BL 1) FEBRUARY 1 2 Zipcar 8 9 Cancelled Snow Presidents Day Holiday Echoing Green MARCH 1 2 Business Plans/Extended Fertility 8 9 Aravinda/Narayana Grameen/SKS Vertex 5 6 Ashoka MAY APRIL MAY HKS Final Class Business Plans Due by 5 pm 2 9