Tuesday, March 4, 2014

BIS # 3932 SOCIAL BUSINESS SUMMIT 2014

by Mr. Conrad Saldanha

KURLA-MUMBAI,MARCH 3, 2014: Don Bosco Institute of Management and Research, Kurla, hosted its annual event the “Social Business Summit”, bringing together companies, NGOs, social businesses and government organisations on a common platform to discuss about sustainable business practices and social responsibility. The theme for the event was “Another Step towards humanizing business”. Representatives discussed the significance of Corporate Social Responsibility towards developing a sustainable environment of growth and also the implications of the recent laws regarding CSR under the new companies act. 
The chief guest for the event was Mr. Alfred Arambhan- Chairman Arambhan Group. The other distinguished guests were Mr.Bhaskar Chatterjee-DG and CEO Indian Institute of Corporate Affairs, Mr. Royston Braganza-CEO Grameen Capital, Mr. Babu Joseph- Head, Axis Foundation, Ms. Dilnavaz Munshi- Consultant, National CSR Hub- TISS, Mr.JG Yadav, Chief Manager (CSR), Mazagaon Docks Ltd, Mr. SK Das- Advisor and Ex Chief HR, Bank of Baroda. There were also representatives from various NGOs and Social businesses such as Creative Handicrafts, Swabhiman, Roar 4 Change, Helpage and SSEN amongst others.
Fr. Adolf Furtado, the Rector of Don Bosco Centre for Learning, began the proceedings for the day by challenging the participants to think beyond the conventional ways of doing business and finding ways to bring out the human face of business. Arrogance needs to be replaced by a healthy sense of  self doubt and the language of vengeance with reconciliation. Mr. Conrad Saldanha  briefly stated the purpose and  end goal which Don Bosco Institute of Management & Research intends achieving through events like the Social Business Summit. Ultimately Don Bosco wants to become a facilitating platform for connecting corporates with NGOs/Social Businesses. Mr. Alfred Arambhan, the keynote speaker, shared a clear definition of what CSR is and what it isn’t. He also described his group’s eventful journey into CSR. He emphasized ethics, sustainability and the need to bring happiness to  all around. Mr. Babu Joseph from Axis Foundation encouraged NGOs to look at the issues of transparency and also how it is necessary to have clear objectives and measurable outcomes for a CSR programme.                                       
Mr. Royston Braganza from Grameen Capital talked about the microfinance story in India and the need for financial inclusion. There would be Rs. 20000 crores available in the coming year for CSR. How this money would be channelized would  the big challenge. He talked about Tracking, Outcomes, Unique local flavor, Commitment, Happiness (Touch). He also challenged DBIMR students to create a Humanizing  index for the corporate world. Mr. Bhaskar Chatterjee from IICA, enlightened the audience in a very lucid manner about the various aspects of the law pertaining to CSR. CSR would be the new game changer. The law has necessarily placed the responsibility of implementation on  top management. If not done there needs to be a coherent explanation. If not then there are stiff penalties to be borne. Ms. Dilnawaz Munshi explained how they are empanelling various NGOs through an objective evaluation. Mr. S.K. Das explained how the Bank of Baroda had CSR engraved in its DNA through its founder.
In the second half of the program NGO’s and Social businesses  such as Swabhiman, Roar 4 change, SSEN (Latur), Helpage and  Creative Handicrafts talked about their models for development and the work they were doing with various target groups. Some NGO’s also took up stalls outside the venue to showcase their work and that of the artisans working with them. Mr. Conrad Saldanha, Principal Advisor to Don Bosco Centre for Learning (DBCL) shared DBCL’s outreach involvement in the city of Mumbai and its collaboration with the BMC in skilling 2500 women. BMC has recommended Deutsche Bank and Centrum to work with DBCL in the area of Entrepreneurship Development. The summit was partnered by Roar 4 change, LIC India, Dena Bank, Model Cooperative Bank, Centrum Direct, Citizen Coop Bank and Reckitt Benckiser.
Don Bosco Institute of Management & Research is a Management Institution offering Full time a Post Graduate Degree in Management affliliated to Mumbai University, located at Kurla. It’s vision is to  nurture  for  business,  transformational  leadership that  is  guided  by  values  which   sustain  holistic  growth. The institute is AICTE  approved and affiliated to Mumbai University. 

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