Social Business for the Better World

I attended a seminar and network monthly opened in Tokyo, Tokyo Business Meetup.   The topic was about social business as the future main business presented by Duco Delgorge, Chairman of the European Business Council in Japan.  It was a great presentation expressing the future of societies and environment, comparison between types of organisations effectively or ineffectively affecting societies and the advantages of social business.  The attendants seemed to understand the basics of the value of social business and get the key or hints to start new businesses or arrange their own ongoing because the most attendants were entrepreneurs or would-be entrepreneurs .

It should be right that the huge gap between haves and have-nots, expressing at the presentation as street beggars in Munbai and the billionaire who has a property of $1 billion and 600 servants.  Also the wage gap between a CEO and typical worker is almost 350 times (when I learned at a business school it was said around 100 times a decade ago) in the USA.  It should be also correct that human being is using the resource of the planet over its capacity.  It was explained at the presentation as the problem as industrial farming, overfishing, extinct animals and climate change at a large amount/degree.  I think all these facts must be the inevitable aspects to popularize and develop a social business.

The analysis of the presentation also remarked about the characteristics of social business.  A social business have both of power and ethics whereas a government and corporation have the former but not the latter and vice versa for an NPO.  The presentation showed the mechanism of social business to grow and even it could finance to other social businesses at certain time point of its growth of profit.  I think it is likely.

The seminar did not give ample examples or appropriate strategies to manage a social business well.  It may have depended upon the limitation of time, intentionally given the opportunities to creat a unique framework for attendants’ businesses or their future businesses or freedom to study independently.  I believe that well-developed ideas are the most important factor to start and maintain a social business effectively and successfully.

Ultimately it is our responsibilities and desire to hand over the better world and sustainable environment to the next generation.  So a social businesses would be increasingly more precious and meaningful than the present state as limited players and candidates of social business.

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