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Inclusive and social business strategies

Summer Program

Bénédicte Faivre-Tavignot
This intensive summer program is an opportunity for students to understand the reasons that prompt firms to contribute to poverty alleviation. As part of this experiential program, participants will develop innovative inclusive and social business models.

WHY THIS SUMMER PROGRAM?

  • Created and taught by leading HEC Paris Professors
  • Accessible to students (of all backgrounds) with an interest in societal issues and willing to examine the role of business in society
  • Opportunity to understand how to become an actor & a change maker/catalyst of change
  • Real-life business cases
  • Real-life experience: student group work co-creating an innovative business solution to a social issue, culminating by final student presentation
  • Exposure to new ways of thinking: Reverse Innovation, Strategic Renewal, Leadership and Innovation Management, Social Impact Assessment, etc.

A PROGRAM ROOTED IN CURRENT ECONOMIC REALITIES

If you think that the current economic model does not really need change, and that the environmental and societal challenges will be solved “one way or another”, this program is NOT for you… However, if you think that change is required, and if you want to be part of the solution, then WELCOME to this intensive 2-week program! 

We believe that the clock is ticking and that innovation is required to shift things around. We believe that firms, small and large, play a powerful role in this transformation process, and that the winners of tomorrow’s economy are the one who develop “innovation with purpose”.

This program focuses on the societal challenges; poverty remains a strong reality in the developing world, even in countries which experience high growth rates. It is also on the rise in many – if not all – developed countries. To fight poverty, philanthropic action, public authorities and international institutions have shown their limits.  In this program, students discover how forward-looking firms develop creative market-based solutions to alleviate poverty, at times in partnership with civil society and public authorities. Students are exposed to social enterprises with innovative business models, as well as established firms who have realized it is in their interest to develop inclusive business models.  Students will work in teams in coordination with leading executives in the formulation of an inclusive business model to be presented to a Final Jury at the session close.

The Summer School Program was launched by The Social Business / Entreprise and Poverty Chair, co-presided by Professor Muhammad Yunus (Founder of the Grameen Bank and Nobel Prize Recipient 2006) and Martin Hirsch (former French High Commissioner on Active Solidarity against Poverty). It is part of HEC’s Society & Organization Center, which is sponsored by forward-looking firms such as Danone, Schneider Electric, Renault, Sodexo and Veolia.

 

LEARNING OUTCOMES

Upon successful completion of the summer program, participants will be able to:

  • Understand the set of reasons that prompt firms to contribute to poverty alleviation;
  • Describe and analyze the innovative characteristics of inclusive and social business models which firms adopt when fighting poverty;
  • Propose how firms can transform themselves when seeking to become more inclusive & sustainable;
  • Understand innovative ways to finance these initiatives and to market them;
  • Understand the pivotal role of change makers: social entrepreneurs and “intrapreneurs” inside large multinationals, both in emerging and developed countries;
  • Develop and formulate an inclusive business model based on consideration of firm resources and societal need;
  • Draw on insights from cutting-edge research on Social and Inclusive Business;
  • Deepen your thinking about the role you want to play in today’s society.

When?

Intake 1 Intake 2 Intake 3
Monday, June 10 - Friday, June 21, 2019 Monday, June 24 - Friday, July 5, 2019 Monday, July 8 - Friday, July 19, 2019
Entrepreneurship - The Start-up Studio Inclusive and Social Business Strategies Investment Banking and International Finance
Geopolitics, Globalization and Business Strategy Investment banking and International Finance Luxury Management
Corporate Finance Marketing for the Digital Era Mergers and Aquisitions
Luxury Management Financial Markets and Asset Management Statistics and Business Analytics
  Accelerated Luxury Management * The Future of Energy

*Full week on campus – preceded by intensive online study.