Class 3: Practical guidance for consulting work for social venture partners. Establishing a social enterprise, including practical guidance for Hong Kong. Tutorial on team work

• Guidance for consulting work & analytical frameworks
• Guidance on course deliverables (team work and individual due diligence report)
• How to practically set up a social enterprise, with a focus on social ventures in Hong Kong
• Tutorial on team work and managing a consulting project
• Action plan for project work due Feb 11^th for instructor to review ahead of the class

Guest speaker

Aurea Yung, Head of Operations, Foodlink (winner of course grant fall 2017)

Mandatory preparation:

Team project action plan due Feb 11^th

Assign team leader and deputy team leader and notify course TA by Feb 11^th.

Mandatory reading:

Horvath, K., Co-Founder, TwoPresents: (2015) Quick guide to start your own business in Hong Kong

Module on Social Change in the Toolkit on Social Investment developed by Mark Cheng, Ashoka, with UBS:

https://www.ubs.com/microsites/social-investment-toolkit/en.html

Rosencrantz, M. (2015) Suggestions for a successful consulting project (power point presentation from guest lecture for HKUST M.Sc. International Management MIMT 6200: Business Project)

Recommended readings:

Austin, J., Stevenson, H., & Wei-Skillern (2006). Social and commercial entrepreneurship: Same, different or both? Entrepreneurship Theory and Practice 30(1): 1-22. (2)

For guidance for developing business plans for social enterprises, you may also find the following resources helpful:

Grossman, A. (2013) Developing a Social Enterprise Business Plan Harvard Business School lecture (Copyright protected but available for down-load against donation, please google to find)

Social Ventures Australia and Parramatta City Council (2010) A business planning guide for social enterprises and a Business plan template along with other resources on www.socialventures.com.au

Seedco (2004) A Toolkit for Developing a Social Purpose Business Plan

www.socialenterprisecanada.ca Toolkit – Create a business plan

www.marsdd.com Library – Business plans for social enterprises and social businesses

www.socialgoodguides.com Business plans and planning for social enterprises and non-profits

www.bplans.co.uk For examples of business plans for non-profits and social enterprises

www.bdc.ca For a more extensive entrepreneurs’start-up toolkit, including business plan template and financial model templates for general start-ups not specific for social ventures