BIS #2859 SOCIAL BUSINESS SUMMIT - 2012

Conrad Saldanha
KURLA, MARCH 09, 2012: Don Bosco Institute of Technology - MMS held a 'Social Business Summit 2012' on March 2. The theme of the Event was 'Creating a New Humanity'. The  rationale was to evaluate  how companies  are  perceiving and practising the  triple bottom  line (Community, Environment, and Profits) approach and in that  context  to  evaluate whether  and to what extent is a  new  paradigm of  business  emerging.
The  various  areas  which were  discussed  included  the understanding of Social Business and the various models of  Social and  Financial Inclusion, Assessment of  CSR activities of Corporates, Innovation in Social Business, India's report card on the Millennium Goals, what will the Future  organisation look like and how NGOs are  addressing the problems  within various target groups.
The eminent speakers included Chairman, Entrack International Trading Ltd., Senior Advisor, M&M, Head of Global CSR, TCS, Head of South Asia CSR CitiGroup, MD of Grameen Capital, Trustee of GTL – Global Foundation, CEO, Elephant Design, NGOs like HelpAge India, Stree Mukti Sanghatana, Sanmitra, and Avanti Fellows. 
The event was also the occasion for announcing the establishment of a 'Centre for Social Change'. This Centre will attempt to be the bridge between two worlds; the rigorous private sector and the conscious social sector.  It will have an Incubation Cell which will encourage students who would like to bring business solutions to social problems. The other  focii  would be to become a Training  Centre  for  Capacity Enhancement for NGOs, a  Research Resource  Centre, and  a  Centre  offering Consultancy.
During the event there were also two students' presentations on their experiences with NGOs. The presentations were highly appreciated.
The  event  also  afforded  an opportunity  for some NGOs  to put up their  stalls and  use this as  an opportunity to create  awareness among  various constituencies  about  their  work.
The Don Bosco Institute of Technology - MMS  is  engaged in creating  students  who  have  excellent functional competencies  as well as  a  sensitivity  towards the  disadvantaged, underprivileged  and  challenged. Events like the Social Business Summit help the students to imbibe this perspective.