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Social Venture Consulting Program
Business Best Practices that Better the World
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The
Social Ventures program has helped Generations Community Development
Corporation build an infrastructure to track and monitor our clientele
and staff electronically. Electronic files help create a green
environment that saves time, space and money. Additionally, we are able
to evaluate our effectiveness, project outcomes for the future and
create needed reports for our funders.
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- Deborah Young, director
Generations Community Development Corporation
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The Smith School has partnered with Grassroots.org, a national organization
providing free online services to over 1,000 nonprofits in the U.S., to harness
the social entrepreneur expertise and enthusiasm of Smith students to benefit
nonprofit organizations.
In the Social Venture Consulting Program, the Smith School engages with
selected nonprofits to provide MBA students with practical consulting experience
and an opportunity to give back to their community. Projects are designed for 80
fulltime equivalents (FTEs) over 3 months to address issues —whether financial,
marketing, operational, organizational or strategic— and to develop the
necessary steps to solve the problems and improve the business. Since our
inception in Fall 2006, nearly 90 fulltime and part-time MBA students have
assisted 36 nonprofits. Consulting projects involve three phases: information
gathering, implementation and evaluation/review. Read on for more information on
how students and nonprofits can apply.
Benefits of the consulting program:
| For student
consultants: |
For nonprofit
clients: |
- Build new skills in project management and leadership
- Enhance resume with real world experience
- Apply curricular learning outside of the classroom
- Gain exposure to the nonprofit sector
- Give back to the community
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- Benefit from applying business processes to organizational issues
- Become more efficient, effective and scalable for a sustained future
- Develop cross-sector partnerships and alliances
- Raise awareness and broaden reach of programs/services
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Students
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My
work with the small nonprofit International Children’s Digital Library
was my first exposure to working with a client and a team to solve real
problems. We came up with a marketing plan for the organization to reach
sponsors and increase Web traffic to the library site among children and
their parents globally. I learned that when it comes to nonprofits,
doing the greatest good with the smallest amount of resources is
critical.
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- Cynthia Soriano, MBA 2010
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Students
interested in developing their skills outside of the classroom and gaining real
world experience while improving the world around them are encouraged to attend
an informational meeting at the beginning of the semester. The short session
will outline the application process and will give students the opportunity to
learn more about the semester’s projects.
Applications for Fall 2009 have closed. Check back in mid-January for
applications for Spring 2010.
Nonprofit Organizations
Applications for Fall 2009 have closed. Check back in December for
applications for Spring 2010, and in the meantime view information on
past projects.
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Client Spotlight:
Fathers and Families of San Joaquin |
| FFSJ, a Stockton, Calif. nonprofit, helps build
strong and healthy families by addressing communities’ critical problems
of fatherless homes, widespread poverty and inadequate access to public
health services. The SVC consultants helped to revamp FFSJ’s stakeholder
relations through an updated communications strategy, outreach materials
and the planning of a local Father’s Day event. |
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| “Their help has already had tangible results as was
demonstrated at this years FatherFEST event,” said Sammy Nunez,
Executive Director of FFSJ. “We exceeded our goals with over 500
fathers, children and families in attendance. We were also successful in
creating broad community awareness through articles in the
Stockton Record and coverage by ABC’s
Sac & Co.” |
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