Day 3 of the Artemisia Social Business Ventures Summit in Bangalore, India was both inspiring and informative.
We began the day by studying the Strengths and Constraints Matrix, which is a strategy tool that is used to look at common problems faced by social businesses and identify solutions. We completed this exercise for our own social businesses which was incredibly helpful for not only recognizing which areas are currently most critical to our organizations success, but also how it can be used as a consulting tool to plan for future strategies. We also each presented a case study of a major challenge that our own social business is currently facing, and got the opportunity to recommend ideas and solutions to eachother.
In the afternoon we headed out for a field visit to the shared office of two fellow Artemisia Social Businesses
mDhil and
Babajobs. This was by far one of the highlights of the summit, as we got to meet the entrepreneurs and founders to gain insights and ask questions about their experiences as well as see the working environment of some fellow interns.
mDhil offers interactive healthcare information to Indian consumers via text messaging and mobile web browsers, while
Babajobs provides better jobs for the informal sector by connecting employers and job seekers in India via the web and mobile phone.
Sitting as a group on the rooftop of the office, surrounded by plants, lounges and even a hammock, overlooking the skyline as sunset approached was unforgettable. During those moments of reflection on what brought me to the social business field and India itself, I was incredibly thankful for the opportunity to be involved in such an exciting field. Getting to interact with these bright and determined entrepreneurs using innovative technologies to find solutions a variety of social issues in a profitable way was motivating and a bit intimidating at the same time! There are so many opportunities and challenges facing the field of social business that it seems to require every positive character trait in the book: determination, adaptability, knowledgeable, humbleness, and continual learning. It often involves incredible personal sacrifice and motivation to make a committed jump into starting a successful social business.
One of the key takeaways from that meeting is that the social business field is still very new and continually evolving. It requires talented minds from a wide variety of backgrounds such as business, public health and IT to work together. What was also refreshing to see was the level of partnerships and networking that goes on in the social space, in that many companies reach out to eachother to combine skills to tackle common issues. We left the office both exhausted and exhilarated from all the information and ideas racing around in our minds, and looking forward to Day 4 of the summit. We want more!