Assignment 3 2017 – Design your business: Difference between revisions

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'''--> back to [[Assignments_Seminar_Social_Entrepreneurship_for_Local_Change_Spring_2017|assignments overview]]'''
'''--> back to [[Assignments_Seminar_Social_Entrepreneurship_for_Local_Change_Spring_2017|assignments overview]]'''
== Time frame ==
== Time frame ==
*'''Group work''':Week 7 – 12 (10.05. – 24.06.2016)
*'''Group work''': 13.04. – 23.05.2017, 9 am
*'''Presentation''':21.06.2016 during plenary session
*'''Presentation''': 02.05.2017 during plenary session
 
--> students participating in the intensive programme in Arnhem are doing this assignment as part of the workshop


== Task description ==
== Task description ==
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*In your team you are going to think yourself through all the relevant steps required for starting a business such as: a business plan, a financing concept, a marketing scheme.  
*In your team you are going to think yourself through all the relevant steps required for starting a business such as: a business plan, a financing concept, a marketing scheme.  
*But most importantly: share and communicate a vision of how things can be changed and why!
*But most importantly: share and communicate a vision of how things can be changed and why!
*Your findings will be presented to the plenary on '''21.06.2016'''
*Your findings will be presented to the plenary on '''02.05.2017'''
*Your report will be submitted on '''Monday, 04.07.2016, 9 am''' (extended deadline)
*Your report will be submitted on '''Tuesday, 23.05.2017 at 9 am'''


== Submission format and presentation ==
== Submission format and presentation ==
*'''Individual work:''' Write a short outline of your own idea on the wiki until '''23rd of May'''. At the end of the seminar you will further elaborate on this idea based on the outcomes of the group work. Reflect on what would be specific in your local context. Please prepare '''one page until 24th of June.'''


*'''Group work:'''Based on the individual ideas outlines you will decide in your group on one idea that will elaborated in more detail until the end of the course. In parallel to the lectures given in course phases D/C your group prepares the following outputs:
'''* Part One - Group work(Pass/Fail):'''
#Define a '''theory of change''' for your own social enterprise (until 24.05.16)
#Executive summary
#Describe your '''business model''' (until 24.05.16)
#Social enterprise mission and goal
#Develop a '''draft business plan''' (until 31.05.16)
#Target market
#Develop a '''financing model''' (until 07.06.16)
#Products and services, key activities (value propositions)
#Define your target groups and develop a '''marketing plan''' (until 14.06.16)
#Channels
#Reflect on '''impact indicators''' (until 20.06.16)
#Management team and other key resource requirements
#Revise your work, prepare and hold the '''final presentation on 21th of June'''
#Financial summary
*The report should be developed based on the [https://ilias.hfwu.de/goto.php?target=file_15350_download&client_id=hfwu business plan template]
 
*The final presentation will be done with a PPT presentation. The presentation needs to be submitted before 20.06.2016 and presented on the following day.
'''* Part Two – Individual work (Graded)'''
*Prepare your presentation for '''June 21''' with [https://ilias.hfwu.de/goto.php?target=file_15517_download&client_id=hfwu this PPT template]
#Operational and management plan (compulsory)
#Partner and stakeholder network (compulsory)
#Marketing plan (optional, for “very good+” up to “excellent”)  
#Financial plan (compulsory)
#Social/ environmental impact (compulsory)
 
'''Masters students only''':
#Social enterprise: social and ethical values
#Risk management
 
== Templates and formats ==
*The report should be developed based on our '''[https://ilias.hfwu.de/goto.php?target=file_17814_download&client_id=hfwu business plan template]'''
*The final presentation will be done with a PPT presentation. The presentation needs to be submitted before 02.05.2017 and presented on the following day.
*Prepare your presentation for '''2nd of May''' with this '''[https://ilias.hfwu.de/goto.php?target=file_17815_download&client_id=hfwu PPT template]'''
*There will be an invidiual upload area for submitting the reports, you will not be asked to put this material on the wiki
*There will be an invidiual upload area for submitting the reports, you will not be asked to put this material on the wiki
*Report submission deadline is '''Monday, 04.07.2016, 9 am''' (extended deadline!).
*Report submission deadline is '''Tuesday, 23rd of of May 2017, 9 am'''


== Evaluation criteria ==
== Evaluation criteria ==

Latest revision as of 14:22, 11 May 2017

Ideenwolke.jpg

--> back to assignments overview

Time frame

  • Group work: 13.04. – 23.05.2017, 9 am
  • Presentation: 02.05.2017 during plenary session

--> students participating in the intensive programme in Arnhem are doing this assignment as part of the workshop

Task description

  • What if your team became a company? You have now a common understanding of the challenge; you know about various social business cases, you are aware of business models: Now you can design your own business!
  • In your team you are going to think yourself through all the relevant steps required for starting a business such as: a business plan, a financing concept, a marketing scheme.
  • But most importantly: share and communicate a vision of how things can be changed and why!
  • Your findings will be presented to the plenary on 02.05.2017
  • Your report will be submitted on Tuesday, 23.05.2017 at 9 am

Submission format and presentation

* Part One - Group work(Pass/Fail):

  1. Executive summary
  2. Social enterprise mission and goal
  3. Target market
  4. Products and services, key activities (value propositions)
  5. Channels
  6. Management team and other key resource requirements
  7. Financial summary

* Part Two – Individual work (Graded)

  1. Operational and management plan (compulsory)
  2. Partner and stakeholder network (compulsory)
  3. Marketing plan (optional, for “very good+” up to “excellent”)
  4. Financial plan (compulsory)
  5. Social/ environmental impact (compulsory)

Masters students only:

  1. Social enterprise: social and ethical values
  2. Risk management

Templates and formats

  • The report should be developed based on our business plan template
  • The final presentation will be done with a PPT presentation. The presentation needs to be submitted before 02.05.2017 and presented on the following day.
  • Prepare your presentation for 2nd of May with this PPT template
  • There will be an invidiual upload area for submitting the reports, you will not be asked to put this material on the wiki
  • Report submission deadline is Tuesday, 23rd of of May 2017, 9 am

Evaluation criteria

  • Timely submission of deliverables
  • Creativity and innovation of business model and change theory
  • Extend to which the proposal meets the criteria of a social business (i.e. explicit social and/or environmental aims in combination with commercial, revenue-generating activities)
  • Completeness, depth and formal correctness of required elements
  • Visible synergy of project team
  • Quality of documentation
  • Quality of oral presentation (i.e. keeping time limits, clarity, expression, quality of presentation slides)
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