Harvard Case - Change of Plan
"Change of Plan" Harvard business case study is written by Nathalia Franco, Roberto Gutierrez. It deals with the challenges in the field of Social Enterprise. The case study is 20 page(s) long and it was first published on : Sep 22, 2020
At Fern Fort University, we recommend a strategic shift towards a hybrid model that leverages the strengths of both the traditional university model and the social enterprise approach. This will enable the university to achieve its mission of providing quality education while addressing pressing social and environmental challenges.
2. Background
Fern Fort University, a small, private institution in a developing country, faces significant challenges. Its traditional model is struggling to attract students and compete with larger, more established universities. The university's leadership is seeking to find a new path forward, one that aligns with its mission and values while ensuring its long-term sustainability.
The main protagonists are:
- Dr. Singh: The visionary president of Fern Fort University, who is passionate about social impact and committed to finding a sustainable model for the university.
- Professor Sharma: A dedicated faculty member who believes in the power of education to transform lives and is eager to explore new approaches to teaching and learning.
- The Board of Trustees: A group of influential individuals who are responsible for overseeing the university's finances and operations. They are concerned about the university's financial stability and are seeking a plan that will ensure its future.
3. Analysis of the Case Study
Fern Fort University faces a complex situation, requiring a multi-faceted approach. We can analyze the case using the following frameworks:
1. Stakeholder Theory: The university must consider the needs and interests of various stakeholders, including students, faculty, staff, alumni, the local community, and potential investors.
2. Triple Bottom Line: The university's success should be measured not only by financial performance but also by its social and environmental impact. This aligns with the concept of social entrepreneurship and impact investing, where the goal is to create positive change while generating financial returns.
3. Sustainable Business Models: Fern Fort University needs to develop a sustainable business model that balances financial viability with social impact. This can be achieved through hybrid organizations, which combine elements of traditional businesses and non-profit organizations.
4. Social Innovation: The university can leverage its resources and expertise to develop innovative solutions to social challenges. This could involve creating new programs, partnerships, and initiatives that address issues such as poverty, education access, and environmental sustainability.
5. Strategic Planning: The university needs a clear strategic plan that outlines its vision, mission, goals, and objectives. This plan should be developed in consultation with all stakeholders and should be regularly reviewed and updated.
4. Recommendations
1. Embrace a Hybrid Model: Fern Fort University should adopt a hybrid model that combines its traditional educational mission with a social enterprise approach. This would involve:
- Developing social impact programs: Offering programs that address specific social needs, such as training for local entrepreneurs, providing healthcare services, or promoting environmental sustainability.
- Creating partnerships with social enterprises: Collaborating with existing social enterprises to leverage their expertise and resources.
- Generating revenue through social impact activities: Developing social impact projects that generate revenue while creating positive change.
2. Focus on Impact Investing: The university should actively seek impact investors who are interested in supporting organizations that generate both financial and social returns. This could involve:
- Developing a compelling impact investment thesis: Clearly articulating the university's social impact goals and the expected financial returns.
- Creating a social impact measurement framework: Developing a robust system for tracking and reporting on the university's social impact.
- Engaging with impact investors: Attending impact investing conferences, building relationships with impact investors, and presenting compelling investment opportunities.
3. Leverage Technology for Scalability: The university should leverage technology to scale its social impact programs and reach a wider audience. This could involve:
- Developing online learning platforms: Offering online courses and programs that are accessible to students in remote areas.
- Utilizing social media and digital marketing: Promoting the university's social impact programs and reaching a wider audience.
- Partnering with technology companies: Collaborating with technology companies to develop innovative solutions to social challenges.
4. Foster a Culture of Social Entrepreneurship: The university should cultivate a culture of social entrepreneurship among its faculty, staff, and students. This could involve:
- Integrating social entrepreneurship into the curriculum: Offering courses and workshops on social entrepreneurship.
- Creating a social entrepreneurship incubator: Providing resources and support to students and faculty who want to launch social enterprises.
- Recognizing and rewarding social entrepreneurship: Celebrating the achievements of students and faculty who are making a positive impact.
5. Basis of Recommendations
These recommendations are based on the following considerations:
- Core competencies and consistency with mission: The recommendations align with the university's mission of providing quality education and contributing to social good.
- External customers and internal clients: The recommendations address the needs of students, faculty, staff, and the local community.
- Competitors: The recommendations position the university as a leader in social entrepreneurship, differentiating it from its competitors.
- Attractiveness ' quantitative measures if applicable: The recommendations are expected to generate positive financial returns through impact investing and social enterprise activities.
- Assumptions: The recommendations assume that the university is committed to achieving its social impact goals and that it can successfully attract impact investors.
6. Conclusion
By embracing a hybrid model, focusing on impact investing, leveraging technology, and fostering a culture of social entrepreneurship, Fern Fort University can achieve its mission of providing quality education while addressing pressing social and environmental challenges. This approach will enable the university to become a leading example of a socially responsible and financially sustainable institution.
7. Discussion
Alternatives:
- Focusing solely on traditional education: This would be a less ambitious approach, but it would also be less likely to achieve the university's social impact goals.
- Becoming a purely social enterprise: This would require a significant shift in the university's structure and operations.
Risks:
- Failure to attract impact investors: This could limit the university's ability to fund its social impact programs.
- Difficulty in measuring social impact: This could make it challenging to demonstrate the value of the university's social impact programs.
- Lack of support from stakeholders: This could hinder the implementation of the recommendations.
Key Assumptions:
- The university is committed to achieving its social impact goals.
- The university can successfully attract impact investors.
- The university can develop and implement effective social impact programs.
8. Next Steps
Timeline:
- Year 1: Develop a strategic plan, identify potential impact investors, and launch pilot social impact programs.
- Year 2: Secure impact investment, expand social impact programs, and develop a social impact measurement framework.
- Year 3: Evaluate the success of the hybrid model, refine the university's social impact strategy, and continue to seek new opportunities for growth.
Key Milestones:
- Develop a comprehensive strategic plan: This should outline the university's vision, mission, goals, and objectives.
- Secure impact investment: This will provide the financial resources necessary to implement the recommendations.
- Launch successful social impact programs: This will demonstrate the university's commitment to social impact and its ability to generate positive change.
- Develop a robust social impact measurement framework: This will ensure that the university can effectively track and report on its social impact.
By taking these steps, Fern Fort University can successfully transition to a hybrid model that will enable it to achieve its mission of providing quality education while making a positive impact on the world.
Hire an expert to write custom solution for HBR Social Entreprise case study - Change of Plan
- Highereducation Harvest
- Strategy Strategist
- Exporting American Culture
- Dilemma Accountant
- Inbox
- Use Virtue Business Part
- Building Crescendo
- New Director Dilemmas Information
- Driving Towards Disruption
- Reviewing Strategyexecution Capabilities
- Managing Future Work
- Consulting Team Pat Lettner
Case Description
In 2016, the Plan Foundation in Colombia was the organization with the largest investment in social programs of all those that made up the global organization of Plan International Inc. Its annual investment budget exceeded 24 million euros, almost three times higher than that collected by other countries in the region. In recent years, the Colombian organization had transformed its role within PII, from being an implementer of programs funded by organizations from economically developed countries, to an organization that combined the roles of collection and implementation.
🎓 Struggling with term papers, essays, or Harvard case studies? Look no further! Fern Fort University offers top-quality, custom-written solutions tailored to your needs. Boost your grades and save time with expertly crafted content. Order now and experience academic excellence! 🌟📚 #MBA #HarvardCaseStudies #CustomEssays #AcademicSuccess #StudySmart Write my custom case study solution for Harvard HBR case - Change of Plan
Hire an expert to write custom solution for HBR Social Entreprise case study - Change of Plan
Change of Plan FAQ
What are the qualifications of the writers handling the "Change of Plan" case study?
Our writers hold advanced degrees in their respective fields, including MBAs and PhDs from top universities. They have extensive experience in writing and analyzing complex case studies such as " Change of Plan ", ensuring high-quality, academically rigorous solutions.
How do you ensure confidentiality and security in handling client information?
We prioritize confidentiality by using secure data encryption, access controls, and strict privacy policies. Apart from an email, we don't collect any information from the client. So there is almost zero risk of breach at our end. Our financial transactions are done by Paypal on their website so all your information is very secure.
What is Fern Fort Univeristy's process for quality control and proofreading in case study solutions?
The Change of Plan case study solution undergoes a rigorous quality control process, including multiple rounds of proofreading and editing by experts. We ensure that the content is accurate, well-structured, and free from errors before delivery.
Where can I find free case studies solution for Harvard HBR Strategy Case Studies?
At Fern Fort University provides free case studies solutions for a variety of Harvard HBR case studies. The free solutions are written to build "Wikipedia of case studies on internet". Custom solution services are written based on specific requirements. If free solution helps you with your task then feel free to donate a cup of coffee.
I’m looking for Harvard Business Case Studies Solution for Change of Plan. Where can I get it?
You can find the case study solution of the HBR case study "Change of Plan" at Fern Fort University.
Can I Buy Case Study Solution for Change of Plan & Seek Case Study Help at Fern Fort University?
Yes, you can order your custom case study solution for the Harvard business case - "Change of Plan" at Fern Fort University. You can get a comprehensive solution tailored to your requirements.
Can I hire someone only to analyze my Change of Plan solution? I have written it, and I want an expert to go through it.
🎓 Struggling with term papers, essays, or Harvard case studies? Look no further! Fern Fort University offers top-quality, custom-written solutions tailored to your needs. Boost your grades and save time with expertly crafted content. Order now and experience academic excellence! 🌟📚 #MBA #HarvardCaseStudies #CustomEssays #AcademicSuccess #StudySmart Pay an expert to write my HBR study solution for the case study - Change of Plan
Where can I find a case analysis for Harvard Business School or HBR Cases?
You can find the case study solution of the HBR case study "Change of Plan" at Fern Fort University.
Which are some of the all-time best Harvard Review Case Studies?
Some of our all time favorite case studies are -
Can I Pay Someone To Solve My Case Study - "Change of Plan"?
Yes, you can pay experts at Fern Fort University to write a custom case study solution that meets all your professional and academic needs.
Do I have to upload case material for the case study Change of Plan to buy a custom case study solution?
We recommend to upload your case study because Harvard HBR case studies are updated regularly. So for custom solutions it helps to refer to the same document. The uploading of specific case materials for Change of Plan ensures that the custom solution is aligned precisely with your needs. This helps our experts to deliver the most accurate, latest, and relevant solution.
What is a Case Research Method? How can it be applied to the Change of Plan case study?
The Case Research Method involves in-depth analysis of a situation, identifying key issues, and proposing strategic solutions. For "Change of Plan" case study, this method would be applied by examining the case’s context, challenges, and opportunities to provide a robust solution that aligns with academic rigor.
"I’m Seeking Help with Case Studies,” How can Fern Fort University help me with my case study assignments?
Fern Fort University offers comprehensive case study solutions, including writing, analysis, and consulting services. Whether you need help with strategy formulation, problem-solving, or academic compliance, their experts are equipped to assist with your assignments.
Achieve academic excellence with Fern Fort University! 🌟 We offer custom essays, term papers, and Harvard HBR business case studies solutions crafted by top-tier experts. Experience tailored solutions, uncompromised quality, and timely delivery. Elevate your academic performance with our trusted and confidential services. Visit Fern Fort University today! #AcademicSuccess #CustomEssays #MBA #CaseStudies
How do you handle tight deadlines for case study solutions?
We are adept at managing tight deadlines by allocating sufficient resources and prioritizing urgent projects. Our team works efficiently without compromising quality, ensuring that even last-minute requests are delivered on time
What if I need revisions or edits after receiving the case study solution?
We offer free revisions to ensure complete client satisfaction. If any adjustments are needed, our team will work closely with you to refine the solution until it meets your expectations.
How do you ensure that the case study solution is plagiarism-free?
All our case study solutions are crafted from scratch and thoroughly checked using advanced plagiarism detection software. We guarantee 100% originality in every solution delivered
How do you handle references and citations in the case study solutions?
We follow strict academic standards for references and citations, ensuring that all sources are properly credited according to the required citation style (APA, MLA, Chicago, etc.).