Tuesday, August 25, 2009

Exploring New Economy in India :" Social Economy"


After this melodramatic Recession drama, Can we dare to explore new opportunities in the market?
Perhaps yes! This is the time. But the next big question, where? and what can we explore?
The answer is here : Our next new economy is "Social Economy" which is in real meaning to strengthen our economy and our society both.
Few months ago, when i was interacting with an IIM-L guy who was here in Hyderabad for summer internship.We discussed on this topic in course of our discussion on 'new job opportunities in Indian market'.
Later on when i googled ,i found that it was a significant % in the placement pie chart of B-school who went for entrepreneurship.
Although I should not forget about Mr.Arvind Adiga's Booker prize winning novel 'The White Tiger' which depicts that India is the land of entrepreneurs.
In last few years,if we see the placement of top B-school in India, grads are following a new trend. They are showing their interest in diversified unique business ideas. These ideas are new wealth creator in the market.They are having their goal to create value for society at large especially the disadvantaged section.It is also unlike the conventional entrepreneurs who work to maximize only their shareholder's value.
Now in Internet culture, Social Entrepreneurs can use all tools of Modern Business-Technology,Innovation,Capital,New Management Technique and Free market.In addition to that they can work freely without any greed,without any competition ,only with unlimited opportunities in unexplored world.
There is one big doubt in ours mind about social enterprises that they are loss-making,grant-funded charities.But They are not(check out above list). Here,you can also easily find the best intelligent mind in this upcoming domain like Mr Kaushlendra(of Samriddhii),an IIM-A graduate, now helping small vegetable growers and vendors to get the best price. He started his business journey from Bihar where another such guy can never think to start his career.
But at least now he can prove that who dare to dream,They can also make it in real.

People are seeking opportunities in Slums,Sanitation,Women Welfare,Agriculture,
Education,Health care,Technology,Energy and from somewhere which we can also not imagine.

Just Google these names of organization from above chart in your leisure,i am sure, you will definitely get beautiful innovative ideas to do something differently in your life.(pls click on the above picture)
Vibhav S is signing off.

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