2016-17 student kick-off...

2016-17 STUDENT KICK-OFF SESSIONSeptember 8, 2016 4:30 - 5:30pm

@RossSocImpact

Student Kick-off Agenda• Who We Are

• What is Social Impact?

• Major Student Programs

• Events & Deadlines

Who We AreRishi Moudgil, Managing DirectorCenter for Social Impact

• Michael Gordon, Faculty Director

• Rishi Moudgil, Managing Director

• Tanya Upthegrove, Assistant Director

• Glenn Bugala, Marketing Manager

• Matthew Kelterborn, Program Coordinator

• Erica Outhwaite, Administrative Coordinator

Center Team

Who We Are

What Is Social Impact?

A significant, positive change that addresses a pressing social challenge.

Positive Business

Shareholders/customers Employees Society

Internal(at work, self)

External(people, planet)

Traditional

[Ex: Positive Orgs, Sanger Leadership]

[Ex: Social Impact, Erb Sustainability]

[Ex: $$]


Organizational Forms• Organizational forms have varying degrees of

social impact.

Pure Profit

PurePhilanthropy

CorporateSocialResponsibility

Social Enterprise& Hybrids

EarnedRevenue

Spectrum of business models & motivations

… and many other iterations!


Organizational Purpose• Our Center works with mission-driven organizations.

• A mission-driven firm/organization has an overarching motivation to deliver social impact.

• Therefore, we believe that social impact should be the primary purpose* of our organizational partner.

* Note: Social impact/return can co-exist with financial return!


Our Mission & PrinciplesTo prepare and inspire leaders tosolve complex social challenges.

• Cross-sector leadership

• Multidisciplinary skill building

• Action-based, practical learning

• Catalyze careers with impact

• Deliver positive, lasting change


Social Impact Focus Areassocial entrepreneurship

social innovation

base of the pyramid

community/economic development

social funding

sustainability

nonprofit and publicmanagement

social enterprise

educationmanagement

healthcare


MAJOR STUDENT PROGRAMS• Nonprofit Board Fellowship• Impact Corps • Social Impact Track: Michigan Business Challenge• Social Impact Challenge• The Summer Fund

• Serve as a non-voting board member for a SE Michigan nonprofit during the academic year

• Complete a board-level project, leveraging graduate skills and building new community networks

Major Student Programs

Board Fellowship Program• Fellows produce a deliverable for orgs in SE Michigan

• Nonprofit organization missions are diverse:

• Human services, arts/culture, environment, health, economic development, and more.

• Continuous academic, professional, and peer-level training support provided throughout year

• Develop leadership, persuasive, and other soft skills

• Open to graduate students in Business, Social Work, Public Policy, Urban Planning, Information, Education and Public Health

13Major Student Programs

Board Fellowship Program

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• Attend one of the mandatory Board Fellow Info Sessions for application details:• Monday, Sep. 12, 5:30-7:00 pm

@ R2230 (Ross School of Business)

• Wednesday, Sep. 14, 6:30-8:00 pm@ Betty Ford Classroom (Ford School of Public Policy)

• Application includes nonprofit preferences, resume, and personal statement

• Final application is due on Fri, Sep. 16, 2016


Impact Corps

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Academic Year• 7-month individual placement with Detroit-based social

enterprises for BBA Seniors & MBA2’s

• High-impact projects with senior staff including:• Strategic Planning, Marketing, Business development

Contact Professor Michael Gordon for more details!


Summer Internships• 10-week summer internships for Ross MBAs and BBAs

• Management consulting opportunities with leading impact organizations located across the world

• High-impact projects with senior staff including:Strategic Planning, Marketing, Business development

• MBA students receive $10K academic stipend; BBA receive $6K; travel and signing bonuses possible


Impact Corps

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Past Organizations:


Impact Corps

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• Develop social entrepreneurship skills and take an idea from concept to business plan and then launch

• Get connected to capital in various forms• Build either a for-profit or nonprofit social enterprise


Social Impact Track:Michigan Business Challenge

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• Encourage new for-profit or nonprofit ventures to tackle social/environmental issues; foster social entrepreneurship

• Multiple rounds Nov-Feb for all U-M students: $15K top prize• Social enterprises that succeed will:

• Clearly identify social/environmental issue • Articulate target population served • Identify social impact outputs, outcomes, and key metrics• Build a financially sustainable business model

Jointly sponsored by Zell Lurie & Erb Institutes


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• Center partners social impact organizations to develop a live case around a social challenge currently facing an urban city

• Multidisciplinary student teams tackle a pressing social issue in a competitive environment


Social Impact Challenge

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• Deliver value for cross-sector partners through actionable ideas, recommendations, and implementation

• Students step outside comfort zone and work across disciplines to create cross-sector solutions to social issues

• Open to all U-M students; teams compete for $2,500 • Competition runs for 2-3 weeks in February through two

intensive rounds • New post-competition implementation phase for 2016


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• Funding to support summer internships and projects around the world including: • City of Detroit• Third Plateau Social Impact Strategies• Education Pioneers


The Summer Fund

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• Apply for funding support for:

• Internships

• Support in launching your social enterprise

• Self-designed consulting projects

• Eligibility:• Graduate students in Public Policy, Ross BBA Juniors, and returning

MBAs

• Ross funding provided by student-led Give-A-Day Fund!

More details at Social Impact Internship Session on Oct. 6


24Major Student Programs

OPEN ROAD

Jointly sponsored by Zell Lurie

EVENT DEADLINES

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Major Program Deadlines

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Board Fellowship Program

Impact Corps – Academic Year

MBC Social Impact Track

Impact Corps Summer

Social Impact Challenge

Summer Internship Funding

- apps due Fri, Sep. 16

- Contact Prof. Gordon

- apply by Mon, Nov. 14

- apply in January

- register in late January

- apply in March & April

Events & Deadlines

Student Awards & Scholarships

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Outstanding Student Leader -- Blake Van Fleteren, MBA/MSW

Student who has made a major contribution to the social impact community at U-M and/or the broader field (Awarded in Spring)

Outstanding Student Organization -- Give A Day FundStudent club or organization that has achieved significant accomplishments to advance social impact at U-M (Awarded in Spring)

Skip & Carrie Gordon ScholarsAwarded annually to MBA students that have demonstrated an outstanding commitment towards pursuing avenues to solve complex social challenges (Application details available 9/30)

Events & Deadlines

Upcoming Events

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Board Fellowship Info SessionsMonday, Sep. 12, 5:30-7:00 pm@ R2230 (Ross School of Business)

Wednesday, Sep. 14, 6:30-8:00 pm@ Betty Ford Classroom (Ford School of Public Policy)

To qualify for the Board Fellowship Program, you must attend one of the info sessions.

Events & Deadlines

Upcoming Events

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ZLI Mingle ‘n‘ Match for Entrepreneurs Tuesday, Sep. 20, 5:00 - 7:00 pm

@ Tech Arb (500 E. Washington)

Social Impact Internship Info SessionThursday, Oct. 6, 5:30 – 7:00 pm@R2320 (Ross School of Business)

Ecosystem Mapping Workshop Thursday, Nov. 3, 5:00 - 6:30 pm

@ TBD

Events & Deadlines

Upcoming Events

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Happy Hour --

Happening Right Now!!@ Dominick’s

• Refreshments and pizza will be served.• Meet other Social Impact students, staff, & faculty• Feel free to message friends to join, too

Events & Deadlines

Jointly hosted by Net Impact @ Ross

Stay Connected to the Center

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@RossSocImpact

/centerforsocialimpact

socialimpact.umich.edu

Go Blue!

FINAL THOUGHTS…

Social Impact= Tradeoff

2016-17 student kick-off...

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