Saturday, 20 October 2012
Friday, 19 October 2012
Know what it takes to win - Stabaka Consulting
The brilliant ideas you once had are now part of the winning entries of Kalpavriksha-Round 1. The journey so far has been phenomenal and Team Kalpavriksha wants to take the enthusiasm higher.
Learn what goes into making a perfect business plan from the experts in the business. Team Kalpavriksha had a talk with Stabaka Consulting.
Learn what goes into making a perfect business plan from the experts in the business. Team Kalpavriksha had a talk with Stabaka Consulting.
1. Stabaka engages with mainly
non-profit and start-up enterprises. What are the major hurdles they face and
how does Stabaka help them?
Stabaka prefers to engage in work which is interesting, unconventional,
challenging and which relates to cutting- edge knowledge. We have worked with
clients of all sizes and across borders with a slight preference for
lifescience, healthcare, agriculture, food, environment management, clean
technology, infrastructure and finance.
We like to work with start-up ventures and
small companies who are passionate about their vision or have great scientific
research capabilities. A few of our best engagements are in this space.
We have done work with a few non-profit
organisations as well in the areas of education, agriculture, environment
management and technology.
Major
Hurdles
The
Founders make the vital difference to any
non-profit or start-up enterprise. More than anything, their value systems,
attitude, sense of responsibility, emotional maturity, work ethic, pragmatism,
domain skills & knowledge, ability to lead people and willingness to learn
are what will make or break the organization. A lack of awareness of the
importance of these would be the first hurdle to tackle. We feel that most of
these qualities can be instilled in the people by counselling.
If we presume that the founders have a
basic grooming in running an enterprise, funding,
hiring good people to work and lack of an encouraging social eco-system
in India are the other major hurdles.
Stabaka
helps entrepreneurs
in overcoming the first hurdle and collaborates with them in running the
enterprise and growing it during the initial critical years and beyond.
Generally the initial critical years last for about 3-5 years.
2.
What is your take on Social
Entrepreneurship in India? How successful have such ventures been so far?
The social enterprise sector in India is a
necessity as it identifies a social, cultural or environmental problem and then
uses principles of entrepreneurship to achieve the desired change. The solution
must be holistic and equitable in every sense. When the primary motive is overwhelmed
with a profit or alternate motive, there is an inherent risk that the original
purpose of the enterprise may not be achieved. Running a social enterprise is,
we feel, far more challenging than running a for-profit enterprise, because of
the necessity to marry fiduciary commitment to ensure the desired change and principles
of efficiency of for-profit enterprise.
Leaders of Social Enterprise in India must
adopt effective progress -monitoring processes and good governance tools that
will calibrate the progress of bringing about quality change, in line with
their individual vision statements.
Stabaka has had the good fortune to see a few successful social ventures in
close quarters in the country and we are certain that more such organisations
will evolve in the years to come.
3.
This is the first time Stabaka
has been associated with Kalpavriksha-The Social B Plan competition. What are
your expectations out of this association?
We are thankful
to the organisers for have given Stabaka an opportunity to be a part of Kalpavriksha.
Events like Kalpavriksha are an essential part of the eco-system that will
foster entrepreneurship, in general, and encourage the setting up of social
enterprises.
We hope that at the end of this association,
we would have contributed positively, directly or indirectly, to the setting up
of at least one successful enterprise
and would have encouraged, directly or indirectly, at least half a dozen entrepreneurs to take on the challenge in the
years to come.
4.
What were your expectations
from the entries received?
We were sure that students would apply
their academic grooming and past work experience into start-up business plans
addressing a social, cultural or environmental problem. We were also looking
forward to receiving entries from existing social enterprises that were looking
for recognition and support in their scale up plans.
We were also looking forward to receiving
some innovative ideas under the Agri-projects category, the prize money of
which is sponsored by Morarka Organic Foods Ltd.
5.
Was there a general trend
identifiable or a bias towards any specific sectors in the entries received?
We did not notice any unusual trend or bias
towards any specific sectors.
6.
Was there something missing in
most of the entries that you would like to point out?
No. The entries received were generally of
a very good standard.
7.
Any advice for future
applicants?
All ideas must be practical, implementable
and well thought through. You must
be convinced with the idea and must
be prepared to live the idea,
whatever it takes to do that.
8.
What are your expectations and
advice for the shortlisted participants?
Please
present the business plan only if you
are convinced that you will be able to implement it. It is important to be
pragmatic when presenting business plans.
9.
Given the experience Team Stabaka
has across functions & businesses our participants and readers would be
delighted to receive any pearls of wisdom on success from you.
The world is on the lookout for top quality leaders. Practice the life
of one at all times. Do not let go the opportunity.
Kamandaki, a disciple of Chanakya (BC 319) and
the author of ‘Kamandakiya Nitisara’ (1)
or The Elements of Polity wrote (Section IV, Para 4)” A flourishing sovereignty cannot well be obtained by the worthless; he
only, who has qualified himself, is fit to wield the sceptre”.
[FootNote
(1) - Though the text belongs to a past era and
times, many of the principles laid out there in for a sovereign king would be
apt and relevant reading for contemporary aspiring entrepreneurs and business
leaders. ]
So there you have it participants. It is time to pull your socks and take your ideas past the finish line. Do write in to us for any suggestions/clarifications.
We thank Stabaka Consulting for their time and effort, and the wonderful association with Kalpavriksha-2012.
Wednesday, 3 October 2012
One Step Closer...
The highly awaited Preliminary Results of Kalpavriksha 2012 are finally out :
Congratulations to all who made it!!
Tuesday, 25 September 2012
Let your ideas take flight with GSEC
The search for the most innovative social entrepreneurs and
their path-breaking business plans has crossed national frontiers.
Past winners : GSEC |
Kalpavriksha recognises the efforts of Foster Business
School, the proponents of the 9th annual Global Social
Entrepreneurship Competition (GSEC). GSEC is a widely popular platform for the
budding social entrepreneurs of the world with their B-Plans, get mentored by
stalwarts from reputed schools and receive seed funding for implementation of
their projects.
GSEC had partnered with IIM Indore and Kalpavriksha to
provide an opportunity for the winners of Kalpavriksha-2008 to receive a
wildcard entry in the semi-finals of the competition. Team Ahaar eventually
went on to win the GSEC, which went on to show the amazing entrepreneurial
spirit that Kalpavriksha cultivates.
The GSEC application deadline is November 8, 2012. Any
enrolled university student – in any field, at any level of study- is eligible
to apply. GSEC business ideas may focus on any subject area and must address a
problem of poverty in developing countries.
Great news for 2013 :
· GSEC will select 15-20 teams to participate in GSEC Week ( Feb 25 – Mar 1 2012)
· For the 2nd year, travel scholarships will be given to international teams, supported by the Bill & Melinda Gates foundation
· GSEC expects to award at least $30,000 in prizes, including a global health and an Information & Communications Technology (ICT) prize!
· GSEC will select 15-20 teams to participate in GSEC Week ( Feb 25 – Mar 1 2012)
· For the 2nd year, travel scholarships will be given to international teams, supported by the Bill & Melinda Gates foundation
· GSEC expects to award at least $30,000 in prizes, including a global health and an Information & Communications Technology (ICT) prize!
All you need now is an idea...quite literally!!
We have been iterating the fact that social entrepreneurship
goes beyond trying to make a world a better place. It is important to be
revolutionary, it is equally important to be sustainable. Most social products
are not repeat buys. One has to build and maintain consumer appeal and that too
working on a restrictive capital. It is therefore very important to have one’s
financials in place before cannon-balling into this self-fulfilling journey.
Most young entrepreneurs however may baulk at the complexity
of the financials, and waste valuable time trying to crunch data to be able to
digest the information it contains.
Kalpavriksha, which has always promoted the practice of a
thoroughly substantiated b-plan, understands that it is often difficult for
budding brains to wrap their heads around the nitty-gritty’s of finance.
It is about time we come to your rescue with Liveplan software.
50 years of technical proficiency have gone into making this one of the most
intuitive, accurate, and user friendly financial helpers today.
All it takes is objective answers to a few questions to come
up with error-free financials. The software also illustrates your reports with
easy-to-comprehend graphs and images, creates both long-term and short-term
plans, allows you to factor in best and worst case projections, and of course
provide you with a globally relevant business plan.
LivePlan : By Palo Alto software |
The software not only comes with a number of sample business
plans for your reference, it also provides you expert advice and guidance with
its “anywhere access” philosophy. It gives you the flexibility to track your
progress across different stages of your planning and implementation, as well
as collaborate on the same software platform as a team. Even with such
flexibility of access, LivePlan ensures that your financials are safe and
secure.
Palo Alto software’s LivePlan comes together with
Kalpavriksha-2012 to empower our participants make smarter plans. After all,
once you see the bold dream of change, the rest should necessarily fall into
place.
India Inc. is booming... Are you?
An effort undertaken, a step initiated or an idea implemented
always involves a trade-off. Something economists call an opportunity cost
always creeps in. The efforts and resources invested in pulling off an
entrepreneurial venture in a country like India, where rates of fruition are
still unsatisfactory, can always be used to earn interest and be put into a
more profitable business. So why do some of the most brilliant minds in the
country take to social entrepreneurship?
Well, the reason is the scope India provides as a canvas.
With S&P downgrading India’s GDP growth forecast to 5.5%, the unemployment
figure of 3.8% looms bigger. It is a pretty big number, considering the recent
hits that companies took during the infamous recession, the aversion to hiring again
and of course the lack of employable labour in the country.
So what is in it for an entrepreneur you might ask! Well,
there is the gap between supply of labour and demand for it which needs to be
plugged. India is a country which is in a sweet spot due to its burgeoning
demographic dividend which can be leveraged. A sizable population of the country
is in the employable/productive range of age i.e. 20-35 years. But there is nowhere
to go. What a social entrepreneur can do is; therefore, open up sunshine
sectors to investment. Hire more, produce more, and concentrate on a solid
triple bottom line. Or if you cannot hire, why not try training labour which can be used to increase productivity across other verticals?
As we heard from Mr. Rajesh Mane and Mr.
Rajeev Kumar, who have been associated with Kalpavriksha earlier, social
entrepreneurship does not entail charity. A successful venture is always a
sustainable venture, and you need profits to sustain.
It has become imperative to think outside the box now. With
conglomerates entering India at a rapid pace, the economy opening up, and newer
business ideas being rolled up, social entrepreneurship for the greater good
has to remain agile and intelligent to be able to tap the potential in the
newer sectors that India Inc. brings out.
Monday, 17 September 2012
Its much more than Passion...Mr. Rajeev Kumar tells you how..
All the budding social entrepreneurs, we bring to you the thoughts and advice of Mr. Rajeev Kumar, a serial entrepreneur, mentor, an Angel investor and the judge of Kalpavriksha 2010 and 2011.
Mr. Rajeev Kumar is globally known for his social initiatives- Project Agastya, The sixth International Ecocity Conference, The Cleaner Production initiative and the Rajeev Kumar Foundation.
Mr. Rajeev is a recipient of several awards and recognitions and was a Bangalore Finalist at the "Lead India" by 'Times Of India'-Bangalore, India - an initiative to identify Young apolitical leaders to lead India into her future (September 2007).
We asked Mr. Rajeev if passion for improvement in society was the most important thing in setting up a social enterprise and these were his pearls of wisdom:
We asked Mr. Rajeev if passion for improvement in society was the most important thing in setting up a social enterprise and these were his pearls of wisdom:
Passion to create a change is important. But being passionate is abstract and is certainly not the most important thing. Social enterprise is a business and not a charity. One must evaluate the market like a businessman to know opportunities and challenges and then apply one's mind to come up with unique solutions that are sustainable. It is important to collaborate, improve and learn on the way. One must be different and efficient to be a successful social entrepreneur.
He highlights the need for social entrepreneurial initiatives rather than charity by narrating an incident in Karnataka. In Karnataka, one unit of 1000 litres of water costed Rs. 6 to 7. However, it was charged at Rs. 2 for the poorer section of the society. While interacting with the poor people regarding this initiative, he found that they were more than willing to pay Rs. 6-7 for reliable and safe drinking supplies. They wanted regular dependable supply of resources and not cheaper irregular supply. Social enterprises are the answer to such problems as they are focused on creating opportunities and making available resources to those who are greatly in need for them.
And finally, what could be most useful to all those who wish to apply for Kalpavriksha or are set to march the path of social entrepreneurship, we asked him ' What makes a successful entrepreneur? On what basis does he judge the candidates?' and this is what we got from him:
He believes that a good candidate for a successful social entrepreneur should have clear understanding of the difference between a business, a social enterprise and charity. He should understand the market potential, opportunities and challenges. He should come up with innovative and feasible solutions. He should have an open mind and be willing to seek advice. He should look forward to collaborate rather than compete. Innovation, feasibility of his business idea and attitude are the most important facets of a successful social entrepreneur.
So you have a social idea... Mr. Rajesh Mane on what made his idea click...
So what does it take to be a winner, a pioneer of change, a
dreamer...
There is no one better to talk about it than the winner of
Kalpavriksha-2011, Mr. Rajesh Mane. With a path breaking innovation which was
designed to sever the communication barriers for the visually disabled, Mr.
Mane and his team took the competition to an entirely different level, and
emerged victorious.
The gadget, aptly named “Braille-Sense” is essentially a
tutoring device which has the potential to let visually disabled people
communicate with each other without the effort third person.
The inspiration for Mr. Mane to embark upon a social journey
occurred during his college fest in VJTI, Mumbai, where he noticed a glaring
chasm between prevalent technology, and the technology that visually challenged
people can use. The idea sat strong in his entrepreneurial mind, and he started
working on the same.
Thus was born, Segito Technologies. Four bold dreamers who
knew that determination and a strong idea, along with lessons learnt along the
way will take them to their destination. And when the determination to touch
someone’s life is so strong, recognition is bound to come.
Recognition took it’s time to arrive, but when it did, it
changed his life forever. Colleges like IIM Ahmedabad and NIT Tiruchirapalli
invited the team to present their ideas in the annual fests, and the idea
worked wonders everywhere. The team also received incubation fund from NIT
Trichy, which further helped them in their mission.
The big leap, however occurred when the team decided to
enter Kalpavriksha- The social B Plan
competition of IIM Indore. Not only did the experience prove to be highly
enriching, but the mentor they received from the competition, Mr. Rajeev Kumar,
continued his association with Team Segito, and is one of their chief investors.
Post-Kalpavriksha, the team travelled to the “Global Social
Entrepreneurship Competition”, where their brilliance landed them among the top
17 semifinalists.
On being asked about his experience during Kalpavriksha, Mr.
Mane reminisces about the various innovative ideas, the passion of the people
who presented them, and the learned suggestions that the judges put forth. The
most important thing for any entrepreneur, however is the guidance that she/he
receives from someone who has been in the market, and can advice on business
models beyond the limits and scopes of a textbook. That is exactly where the
esteemed mentors, with whom Kalpavriksha is associated, come into play.
According to Mr. Mane, one can learn the nuances of running
a business only when one comes on the field and starts executing. This becomes
more important when your goal is to make a social impact. People will not buy a
product if you only sell it as a social or emotional product.
As a tip for future social entrepreneurs, Mr. Mane says, “To
make a social idea sustainable, every business will require branding. Even
though a good emotion is a prerequisite to starting a business, only a
profitable business model is going to make your idea see the light of day.”
Team Kalpavriksha is really proud to see such an inspiring innovation
make its mark nationally and globally, and would like to wish Segito
Technologies and Mr. Mane a great future with the product.
Friday, 14 September 2012
The Social Triangle
Current-day contribution to the society is based on the
three pillars of philanthropy, corporate social responsibility and social
enterprises. These three are very unique and different from each other but are
tied together by the common thread of betterment of society.
The first corner of the triangle is Philanthropy. Etymologically,
philanthropy is ‘the love of LOVE’. It is about caring for, nourishing,
nurturing, extending a helpful hand to the needy. Philanthropy is about having
a big heart to contribute to the welfare of the underprivileged to make the
world a better place. It is an act of magnanimity. Philanthropic individuals
are individuals who pledge their time, energy, resources towards betterment of
society without expecting anything in return. The various non-profit organizations
run on the principles of philanthropy. They cater to the needs of various
deprived segments of the society and receive funding from various individuals
by way of charity.
The other corner is the corporate social responsibility or
what we call CSR. CSR activities are undertaken by various profit-making companies
as a way to contribute to the society. As huge corporates and influential
centers, companies have a responsibility towards the society at large. They try
to fulfil this responsibility by way of CSR activities like enhancing the
livelihood of farmers as in case of ITC’s e-choupal. One thing to understand
is that CSR activities are not a mandate on companies. The companies engage in
CSR activities to contribute to the society and earn goodwill.
The last corner of our triangle is the area of social
enterprises. Social enterprises are profit-making ventures unlike philanthropic
institutions. Also they are different from the corporate ventures in the sense
their business idea revolves around a practical solution to solving one of the
various problems plaguing the society. Several social enterprises like SELCO
Solar, Drishtee, Industree Foundation etc. have been spreading their wings and
showing the world the new way of changing the society. These organizations are
not run on philanthropy but are businesses that are making a lasting social
impact. The need today is not charity but availability of resources and
opportunities. These social enterprises are creating these opportunities, helping
to cope complex social issues and making people self-sufficient. These new
class of social reformers have the potential to change the world.
Wednesday, 5 September 2012
INDUS-TREE CRAFTS : A journey as sweet as its destination
Sustainable ideas always stand the test of time. A case in
point is the story of a much-known hybrid social enterprise named “Indus-Tree”.
Founded in 1994 by a young visionary named Neelam Chhiber, along with social
investor Gita Ram, and co-founder Poonam Bir Kasturi, this organisation
channels its efforts in connecting the skilled artisans of the villages to the
urban distribution system, in a bid to promote and protect the dexterity of the
craftsmen.
Industree Crafts Foundation was setup in 2000 to focus on
the natural fibre products, in developing the design and the technical and
skill initiatives required to promote the same into the market. The
pioneering work focused on creating considerable value addition for
agricultural by-products and other natural fibres in terms of product
diversification, design, simplification of labour and time intensive process.
Creating a socially-aware company isn’t necessarily limited
to philanthropy. In fact, in today’s era it makes perfect business sense.
Industree’s success as a hybrid business enterprise bears testimony to that
fact.
Industree also created a niche brand, “Mother Earth” to market
its earthy products, and subsequently opened stores to stock the products. The
offerings range from Natural Fashion, home furnishings, as well as health
supplements. The USP of these products is that they are all made from natural
raw materials and play their part in sustaining the economic growth of the
backward strata of the society.
The story just goes on to prove that the innate desire to do
something right, coupled with a sound business acumen, culminate in a creation
that has far reaching effects throughout the years. If this was not motivation
enough, the recognition for the work done always illuminates the path for many
others to follow.
“The Schwab Foundation for Social
Entrepreneurship, a sister organization of theWorld Economic Forum, in
partnership with the Jubilant Bhartia Foundation announced Neelam Chhiber,
Managing Director, Indus Tree Crafts Foundation (ICF), as the winner of the
2011 India Social Entrepreneur of the Year award” – indiainfoline.com, Nov 14,
2011.
You have the ideas, the desire, and the calibre. We bring to
you the platform. Kalpavriksha 2012 – Creating stories of change…
Industree- A sustainable agent of change |
For more details on Industree visit: http://www.industree.org.in/
ITS A BUMPY ROAD AHEAD!!
Social entrepreneurs are both visionaries and ultimate realists, concerned with the practical implementation of their vision above all. They function as the agents of change, questioning the status quo, grabbing the new yet overlooked opportunities, and changing the world for the better. But being a change agent is not easy. There are several roadblocks on the way to reformation and change which they have to encounter. Patience and perseverance are the tools that carry these leaders and organizations through the myriad of hurdles set out on the path.
The major challenge for the Indian entrepreneur is the lack of financial sources. The banks and other financial institutions avoid providing loan facilities due to the various social complications attached. This causes social entrepreneurs to take a more difficult path of approaching venture capitalists and philanthropic organizations.
Another challenge is finding and keeping the right people to run the organization. It is not easy to find efficient employees willing to work in a social organization at a humble pay compared to their counterparts. A question that needs to be answered is whether to recruit people who are extremely efficient at their work or people who truly identify with the social goal of the organization. Selco that provides solar energy based interventions to the bottom of the pyramid follows the 50/50 policy. According to this it employs 50%people who work for the social goals and the remaining 50% is highly skilled workforce to ensure that there is no compromise on efficiency.
There is lack of support from government for social business development in India. There are no tax benefits or incentives that are currently provided to this upcoming area of social business which has the potential to create lasting change.
Sunday, 2 September 2012
The Edge of Glory
Now that we are within days of throwing open the doors of
the 7th edition of Kalpavriksha- The Social B-Plan contest from IIM Indore,we
believe it is time to reiterate the success stories that Kalpavriksha has been
penning throughout the years since its inception.
Kalpavriksha is not only a competition; it is an
opportunity, a platform for the socially aware citizens to put the power of
knowledge to a better use. It is time to give some answers to the questions
that society had been asking for ages. It is time to find solutions to problems
that have plagued our equals in the world. It is time to ideate, innovate, and
implement.
But then, an idea is not usually enough, unless backed by
the power to make sure it goes through completion. This is where Kalpavriksha
has been instrumental in driving change. From mentoring bright b-planners, to
ensuring that the initiative receives enough impetus on the national and global
level, this platform bridges the gap between laudable ideas and the society.
Kalpavriksha-2012 is ready to see the light of day; the time
is near when Your Bright Ideas will make our world better. It is bigger, more
ambitious, and definitely more challenging. The question is, are YOU ready?
Friday, 24 August 2012
Give Me Some Sunshine...
Social entrepreneurship is the way forward for a bright and vibrant world. Several individuals have recognized this and started walking onto this path of sustainable development initiatives. One such social entrepreneur who can serve to inspire several young entrepreneurs onto this path is Mr. Sunshine- Harish Hande.
Harish Hande co-founded Selco India in 1995 to light up the lives at the bottom of the pyramid. Selco India provides solar energy solutions to the rural populace of Gujarat and Karnataka which is customized according to specific needs. It also has collaborated with several regional rural banks, credit cooperatives and commercial banks to provide easy credit to purchase the solar equipments.
Harish Hande believes that the energy needs of a pani puri walla are very different from those of a paddy field farmer. He says, "One requires a certain type of light and fuel on a daily basis, while the other requires it on an annual basis. Yet, we continue to apply standardised procedures that have worked with the 1 million haves, to the 5 million have-nots. It’s the inefficient processes that cause losses, and solar power bears the blame. SELCO helps lightning up by decentralizing the process and creating personalized solutions based on people’s different needs. Their simple but effective innovation has killed the fallacy that solar energy is expensive and impractical."
Harish Hande has been awarded the prestigious Magsaysay award in 2011, social entrepreneur of the year award by Schwab Foundation for social entrepreneurship and several other awards recognizing his contribution.
Kalpavriksha hopes that there are several other young people around the world who follow in the footsteps of such social entrepreneurs to carve out a name for themselves with their sharp wit and dedicated effort and at the same time make a positive impact on the society to make it a better place.
Kalpavriksha wishes to encourage and guide all these young minds of today to stand up and find solutions to the various problems in the society rather than just wishing for a change.
As Mahatma Gandhi put it, “Be the change that you want to see in the world.”
Friday, 10 August 2012
A social entrepreneur is the combination of the mind of a manager, courage of a soldier, and heart of a social worker. Social entrepreneurs are creators of sustainable systems change.
Kalpavriksha-the social entrepreneurship B-school plan of Ahvan 2012, IIM Indore welcomes all the brilliant students and social entrepreneurs to present their sustainable social entrepreneurship plans.
Kalpavriksha-the flagship event of Ahvan is proud to host its seventh edition of nurturing, mentoring and encouraging the budding social entrepreneurs that are determined to bring a positive change to the society.
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