How 'Social' Social BIZ Experiencesship Should Be? Defining the boundaries of social BIZ Experiencesship.

By Ritu Kochar

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Social BIZ Experiencesship has been a much discussed topic recently. Despite the vagueness of the term, it is an appealing construct because of the promise it holds – of being an BIZ Experiences and helping the society along the way. But what becomes a great difficulty on this way is when one aspect is given more importance than the other; or completely forgotten.

The term "Social BIZ Experiences' comprises of two words. Social focuses on the upliftment of society through bringing a radical change; and BIZ Experiences is to act on an opportunity or idea and bring something new in the society. BIZ Experiencess spur on by money and social BIZ Experiencess are driven by altruism. Together, social BIZ Experiencesship signals the imperative to drive social change, and it is that potential payoff, with its lasting, transformational benefit to society, that sets the field and its practitioners apart.

Where an BIZ Experiences will anticipate to produce product that will serve the market's need while making a financial profit, social BIZ Experiencess neither anticipates nor organizes to create substantial financial profit for his or her investors or even themselves. Instead they focus on a large scale transformational benefit of the society. Unlike BIZ Experiencess, their focus is not a market that can pay for their product; rather it is the neglected and underprivileged sections of society who find it hard to make their voice heard.

Having said that, it is imperative to assign some boundaries to social BIZ Experiencesship. A balance between both is important as to provide one term inclination will not do justice to the idea it holds.

A panel discussion held at IIT Delhi on March 12 titled "Social BIZ Experiencesship: Social Impact, Innovation, Self Sufficiency' discussed the same issue. The panel focused on motivating and introducing an intellectual and aspiring audience of BIZ Experiencess to the scope and field of social BIZ Experiencesship. Panelist Ritu Marya, Editor in Chief of BIZ Experiences India, talked about the business part of social BIZ Experiencesship. She said that a business is business and it is done for the sake of profit. One tends to forget this when thinking about social BIZ Experiencesship. Social becomes the focus while business is forgotten. However, that should not be the case.

She said, "When thinking about a social enterprise, social impact is important but social outcome is also equally important." If you are an BIZ Experiences you must work on your skills and add something new to it. It is meant to help you grow, as a person and financially. A social BIZ Experiences will grow as a person and his/her work is rightly appreciated. But growing BIZ Experiencesial skills are important too because if that part is not focussed on the cash flow will stop and you will end up being neither of those.

Social BIZ Experiencesship is often confused with social activism. The difference between the two types of ventures – one social BIZ Experiencesship and the other social service – isn't in the initial BIZ Experiencesial contexts or in many of the personal characteristics of the founders, but rather in the outcomes. A social BIZ Experiences will take direct action the social activist attempts to create change through indirect action, by influencing others – governments, NGOs, consumers, workers, etc. – to take action. Social activists may or may not create ventures or organizations to advance the changes they seek. Successful activism can yield substantial improvements to existing systems, but the strategic nature of the action is distinct in its emphasis on influence rather than on direct action. Social BIZ Experiences must learn to balance which will lead to better understanding and more informed decision making among those committed to advancing positive social change.

Ritu Kochar

Former Staff, BIZ Experiences India

Ritu used to work as a Feature writer for BIZ Experiences India.
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