Participants will learn the key components of how to account for and manage the environmental and social impacts of an organization or business, and how communication of this information relates to conventional business performance. This two-day section begins with core principles informed by examples. Then students will break into teams to apply these principles to an actual venture that has received or is seeking money from investors looking for a social and/or environmental as well as financial value proposition. Students will present their analyses to one another and critique each others' analyses. Students will have the opportunity to explore issues such as where the right balance between credibility and feasibility is, when a venture is ready to begin measuring impact, the differences and synergies between impact management and marketing, emerging impact measurement standards and how to apply them, and other timely issues.
Students successfully completing this course will be able to:
• Understand basic principles and terminology of impact accounting and management.
• Appreciate more fully the role of measuring and managing impact upon organizational culture, managerial practices, and the investor relationship.
• Conduct a basic analysis of the potential social, environmental and economic impacts of a given organization, project or venture.
• Inform the due diligence process for impact investment.
- 9:00am-5:30pm on Sunday, Saturday (Sep 19, 2015 to Sep 20, 2015)
- McGowan MG102