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Georgetown University

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Detailed Course Information

 

Fall 2019
Jul 29, 2021
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MGMT 558 - Understanding Social Innovatn
Innovation is important to the advancement of society around the world. New and innovative socially oriented products and services can increase the standard of living and provide people with opportunities to improve their lives. Breakthroughs in medicine and technology have significantly improved living standards around the world. Social innovation has also lead to significant improvements in the way businesses operate and has closed the gaps between different markets.

Social innovation has become a cornerstone in solving some of the world’s most complex social problems. The key to solving these problems is supporting and sustaining systems change. One way this can be accomplished is through a multi-sector approach that incorporates innovation into the entire life cycle of the business, organization, policy or the like. Too often innovation is limited to creating something new as opposed to modifications or adjustments to what is already in existence. Leveraging research and development expertise, coupled with evidence based research and best practice, social innovation can be a powerful tool in solving some of the world’s most pressing problems.

The course will engage students in understanding the core principles of social innovation and their role as an individual and a member of the larger community. Building upon the work of the capstone course and the introduction to a variety of tools and methodologies to support problem solving and social enterprise, this class will provide students with a time of reflection and personal assessment around one’s ability to develop, implement and evaluate innovation. The course will leverage case studies, guest speakers and other multimedia to introduce skills and tools related to problem identification, needs assessment, risk management and cultural competency. Students will discuss current events and strategies related to community and economic development as well as social finance.

1.500 Credit hours
1.500 Lecture hours

Levels: MN or MC Graduate
Schedule Types: Lecture

Management Department

Restrictions:
Must be enrolled in one of the following Degrees:     
      Master of Business Admin.

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