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This session will highlight some of the key elements of effective financial management in new and existing social enterprises. We will discuss the types of knowledge and skill sets leaders of social enterprises need in order exercise effective stewardship of the financial resources for which they are responsible. James P. Honan is Senior Lecturer at the Harvard Graduate School of Education and Adjunct Faculty at Harvard Kennedy School. Jim's teaching and research interests include financial management of nonprofit organizations, organizational performance measurement and management, and higher-education administration. At Harvard, he is educational co-chair of the Institute for Educational Management (IEM) and is a faculty member in a number of executive education programs for educational leaders and nonprofit administrators. Jim has served as a consultant on strategic planning, resource allocation, and performance measurement and management to numerous colleges, universities, schools, and nonprofit organizations, both nationally and internationally. Previously, he served as institutional research coordinator in the Office of Budgets at Harvard and as a project analyst in the Harvard University Financial Aid Office. He has also been a research assistant at the Educational Resources Information Center (ERIC) Clearinghouse on Higher Education in Washington, D.C., and has served as executive assistant to the president of Lesley University in Cambridge, Massachusetts.