Course Detail (Course Description By Faculty)

Social Impact Strategy (42136)

Course Description

Social and environmental challenges are no longer addressed only by governments or charities. Today, nonprofits, startups, corporations, investors, and public agencies often work side by side — and sometimes inside the same organizations — to tackle problems like housing, health, climate, education, and economic opportunity.

This course is about how those organizations actually work.

You’ll learn how social sector organizations (including nonprofits and mission-driven businesses) design strategies, choose business models, raise and manage money, measure results, and make trade-offs between impact and financial sustainability. We’ll focus on the practical tools leaders use to decide what to do, how to do it, and how to grow what works.

Many of the basic management ideas you may already know — like marketing, operations, and competitive strategy — still apply. But managing for impact adds real complexity. Goals are harder to define, success is harder to measure, funding doesn’t always come from customers, and stakeholders often have very different priorities. These differences matter, and they shape almost every major decision leaders make.

This class is designed as a survey course. You won’t become an expert in every topic, but you will build a solid working understanding of how social ventures are structured and managed, and where the hardest challenges tend to arise. Whether you plan to work in the nonprofit sector, in government, in impact investing, or in a mission-driven company, the goal is for you to leave with a practical framework for thinking about how impact actually gets delivered — not just how it gets talked about.

 

Class Structure

This is a discussion-based, case-driven course. Most weeks, you’ll prepare cases and readings and then use class time to apply ideas, debate trade-offs, and practice making real-world decisions.

Across the quarter, we’ll cover how social sector organizations:

  • Choose legal and organizational structures
  • Design business and funding models
  • Define their intended impact and theory of change
  • Measure results and learn from data
  • Work with boards and governance structures
  • Think about growth, scale, partnerships, and systems change

When helpful, we’ll compare social ventures to traditional for-profit companies to highlight what’s similar — and what’s not. The goal is not just to understand the tools, but to understand when and why certain tools work better (or worse) in impact-driven settings.

By the end of the course, you should be able to look at a social sector organization and assess how well its strategy, funding, operations, and governance fit together — and whether those pieces are likely to support the impact the organization is trying to achieve.

 

Undergraduates require instructor consent. Cannot enroll in BUSN 42136 if BUSN 42125 or 20930 taken previously: strict.

Readings and cases posted on Canvas.

The focus of the course is reflected in the grading. The grading is based on a possible 100 points allocated as follows:

  • Group Case Write-ups – 30 points (group work; 4 cases with lowest grade dropped)
  • Group Simulation Case Submission – 10 points total
  • Weekly Reading Quizzes – 10 points (5 quizzes, 2 points each)
  • Final Project – 35 points
  • Class Participation – 15 points

Student Group for Case Write-Ups

Students will have one group for their case write-ups. Each group will be comprised of five students. Students will be able to form their own groups, though the professor and TA may ask groups to add a non-Booth student to their group. Therefore, students should plan to be flexible in forming their groups. No group will have more than one non-Booth student, and non-Booth students will be spread out among the groups.

Case Write-Ups

Case grades will be based on written answers to several questions associated with each case. The questions will be posted on Canvas one week in advance. Each case is worth 10 points, and the lowest case grade will be dropped at the end of the quarter. Students should turn in 1 case per group. One member of the group should upload the completed cases into Canvas. Cases must be turned in by the beginning of the earliest class session attended by any member of the group in that week. (Case write ups will be due week 3, 4, 6 and 7.)

Quizzes

Most weeks there will be a short quiz, containing questions based on the readings assigned for the week. It will be on Canvas.

Final Project

To integrate the in-class learning, students will complete a final project. The project will be comprised of a set of frameworks that students will be asked to apply to a real organization. Students will choose their organization early in the quarter, and there will be interim milestones due over the course of the term. A short presentation will take place on the last day of class.

Class Participation

Participation grades will be based on student's quality engagement in class, including offering comments in class, the ability to answer basic questions about the material, in particular case questions, as well as attendance. Students are responsible for finding ways to engage with the class. Any students facing issues with engagement should reach out the professor early in the quarter.

  • Allow Provisional Grades (For joint degree and non-Booth students only)
  • Early Final Grades (For joint degree and non-Booth students only)
Description and/or course criteria last updated: January 20 2026
SCHEDULE
  • Spring 2026
    Section: 42136-01
    T 8:30 AM-11:30 AM
    Harper Center
    C07
    In-Person Only

Social Impact Strategy (42136) - Hachikian, Christina>>

Course Description

Social and environmental challenges are no longer addressed only by governments or charities. Today, nonprofits, startups, corporations, investors, and public agencies often work side by side — and sometimes inside the same organizations — to tackle problems like housing, health, climate, education, and economic opportunity.

This course is about how those organizations actually work.

You’ll learn how social sector organizations (including nonprofits and mission-driven businesses) design strategies, choose business models, raise and manage money, measure results, and make trade-offs between impact and financial sustainability. We’ll focus on the practical tools leaders use to decide what to do, how to do it, and how to grow what works.

Many of the basic management ideas you may already know — like marketing, operations, and competitive strategy — still apply. But managing for impact adds real complexity. Goals are harder to define, success is harder to measure, funding doesn’t always come from customers, and stakeholders often have very different priorities. These differences matter, and they shape almost every major decision leaders make.

This class is designed as a survey course. You won’t become an expert in every topic, but you will build a solid working understanding of how social ventures are structured and managed, and where the hardest challenges tend to arise. Whether you plan to work in the nonprofit sector, in government, in impact investing, or in a mission-driven company, the goal is for you to leave with a practical framework for thinking about how impact actually gets delivered — not just how it gets talked about.

 

Class Structure

This is a discussion-based, case-driven course. Most weeks, you’ll prepare cases and readings and then use class time to apply ideas, debate trade-offs, and practice making real-world decisions.

Across the quarter, we’ll cover how social sector organizations:

  • Choose legal and organizational structures
  • Design business and funding models
  • Define their intended impact and theory of change
  • Measure results and learn from data
  • Work with boards and governance structures
  • Think about growth, scale, partnerships, and systems change

When helpful, we’ll compare social ventures to traditional for-profit companies to highlight what’s similar — and what’s not. The goal is not just to understand the tools, but to understand when and why certain tools work better (or worse) in impact-driven settings.

By the end of the course, you should be able to look at a social sector organization and assess how well its strategy, funding, operations, and governance fit together — and whether those pieces are likely to support the impact the organization is trying to achieve.

 

Undergraduates require instructor consent. Cannot enroll in BUSN 42136 if BUSN 42125 or 20930 taken previously: strict.

Readings and cases posted on Canvas.

The focus of the course is reflected in the grading. The grading is based on a possible 100 points allocated as follows:

  • Group Case Write-ups – 30 points (group work; 4 cases with lowest grade dropped)
  • Group Simulation Case Submission – 10 points total
  • Weekly Reading Quizzes – 10 points (5 quizzes, 2 points each)
  • Final Project – 35 points
  • Class Participation – 15 points

Student Group for Case Write-Ups

Students will have one group for their case write-ups. Each group will be comprised of five students. Students will be able to form their own groups, though the professor and TA may ask groups to add a non-Booth student to their group. Therefore, students should plan to be flexible in forming their groups. No group will have more than one non-Booth student, and non-Booth students will be spread out among the groups.

Case Write-Ups

Case grades will be based on written answers to several questions associated with each case. The questions will be posted on Canvas one week in advance. Each case is worth 10 points, and the lowest case grade will be dropped at the end of the quarter. Students should turn in 1 case per group. One member of the group should upload the completed cases into Canvas. Cases must be turned in by the beginning of the earliest class session attended by any member of the group in that week. (Case write ups will be due week 3, 4, 6 and 7.)

Quizzes

Most weeks there will be a short quiz, containing questions based on the readings assigned for the week. It will be on Canvas.

Final Project

To integrate the in-class learning, students will complete a final project. The project will be comprised of a set of frameworks that students will be asked to apply to a real organization. Students will choose their organization early in the quarter, and there will be interim milestones due over the course of the term. A short presentation will take place on the last day of class.

Class Participation

Participation grades will be based on student's quality engagement in class, including offering comments in class, the ability to answer basic questions about the material, in particular case questions, as well as attendance. Students are responsible for finding ways to engage with the class. Any students facing issues with engagement should reach out the professor early in the quarter.

  • Allow Provisional Grades (For joint degree and non-Booth students only)
  • Early Final Grades (For joint degree and non-Booth students only)
Description and/or course criteria last updated: January 20 2026
SCHEDULE
  • Spring 2026
    Section: 42136-01
    T 8:30 AM-11:30 AM
    Harper Center
    C07
    In-Person Only