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Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
XLRI’s Initiatives in
Social Entrepreneurship
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Why “Social Entrepreneurship”
It’s a socially relevant Initiative
It integrates management education with social concerns
It is consistent with XLRI’s Core Values and Identity
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Vision of XLRI
Inspired by Jesuit spirit of “Magis”, XLRI aims at being a management school with:
A passion for academic excellenceA passion for academic excellenceUncompromising human valuesUncompromising human valuesA sensitive social conscienceA sensitive social conscienceAn abiding commitment to improving life in An abiding commitment to improving life in organizations and societyorganizations and societyintegrityintegrity
Mission:Mission:……..””to encourage entrepreneurship and to encourage entrepreneurship and service orientationservice orientation””
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
1st Indian B-School to sign the UN Global CompactPrinciple 1 (Purpose) : We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.Principle 2 (Values) : We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.Principle 3 (Method) : We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.Principle 4 (Research) : We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value.Principle 5 (Partnership) : We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.Principle 6 (Dialogue) : We will facilitate and support dialogue and debate among educators, business government, consumers, media, civil society organizations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Key Social Initiatives of XLRI
Parivartan - Village Exposure Visits
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Parivartan -Village Exposure Visits
Part of Part of ““Induction ProgramInduction Program””LiveLive--in weekend experiencein weekend experienceSmall groups; deep interiors of Small groups; deep interiors of JharkhandJharkhand, , OrissaOrissaTieTie--ups with NGOs to facilitate learningups with NGOs to facilitate learningOften result in businessOften result in business--plans for NGOsplans for NGOs
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Key Social Initiatives of XLRI
Parivartan - Village Exposure VisitsAspen Instt’s Teaching Innovation Program
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Partnership in Aspen Instt’s Teaching Innovation Prog
Purpose: Purpose: to buildto build--in socioin socio--environmental concerns environmental concerns into the management school syllabusinto the management school syllabusCollaboration with academics from other Indian BCollaboration with academics from other Indian B--schoolsschoolsWorkWork--inin--progressprogress……
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Key Social Initiatives of XLRI
Parivartan - Village Exposure VisitsAspen Instt’s Teaching Innovation ProgramSIGMA Activities
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
SIGMA (Social Initiative Group For Managerial Action)
Basic Computer Literacy ProgramBasic Computer Literacy ProgramAfternoon Project SchoolsAfternoon Project SchoolsSummer & Rapid Social Internships in Social SectorSummer & Rapid Social Internships in Social SectorBlood Donation DriveBlood Donation DriveShilpShilp MelaMelaXLRI XLRI GoonjGoonj Clothes Bank, etcClothes Bank, etc……
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Key Social Initiatives of XLRI
Parivartan - Village Exposure VisitsAspen Instt’s Teaching Innovation ProgramSIGMA ActivitiesXLRI-Goonj Clothes Bank
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Key Social Initiatives of XLRI
Parivartan - Village Exposure VisitsAspen Instt’s Teaching Innovation ProgramSIGMA ActivitiesXLRI-Goonj Clothes BankXLRI Social Entrepreneurship Trust
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
XLRI Social Entrepreneurship Trust
To generate resources to encourage and To generate resources to encourage and finance social entrepreneurship among the finance social entrepreneurship among the XLRI students, alumni community, and XLRI students, alumni community, and others.others.To provide a channel to XLRI alumni and To provide a channel to XLRI alumni and others who have means and motivation to others who have means and motivation to finance and support social development.finance and support social development.To develop the XLRI brand consistent with To develop the XLRI brand consistent with the Institutethe Institute’’s identity and mission.s identity and mission.
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Founder Trustees
1.1. Fr E Abraham, S.J. (78PMIR),Fr E Abraham, S.J. (78PMIR), Director, XLRI2.2. MrMr BushenBushen RainaRaina (73BME),(73BME), MD, The Tinplate Company of
India & President, XLRI Alumni Association3.3. Dr Madhukar ShuklaDr Madhukar Shukla,, Professor, XLRI & ex-Chairperson,
Alumni Affairs4.4. MrMr RanaRana SinhaSinha (78BMD),(78BMD), MD, TELCON & President, XLRI
Alumni Association (Jamshedpur Chapter)5.5. Fr James Fr James SanthanamSanthanam, S.J, S.J., Administrator, XLRI6.6. MrMr S S AkhtarAkhtar (94PMIR),(94PMIR), Administrative Officer, XLRI &
Treasure, XLRI Alumni Association7.7. Dr Dr AshisAshis K K PaniPani,, Professor, XLRI
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Funds from:
Funds from:
••Alumni donations
Alumni donations
••Events, e.g.,
Events, e.g., XL Dream Run
XL Dream Run
••CorporatesCorporates, Trusts,
, Trusts,…… ??????
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Projects Supported by the Trust
Incubation Funding/ Loans approved to 3 Social Entrepreneurship Ventures started by XLRI students:
-- a venture to connect rurala venture to connect rural--tribal tribal artisans & craftsmen to the marketartisans & craftsmen to the market
-- a cleana clean--energy venture using oxenergy venture using ox--driven generator to provide electricity in rural areasdriven generator to provide electricity in rural areas
-- an online market research venture to an online market research venture to generate funds for NGOsgenerate funds for NGOs
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
OX-Driven Generator for Rural Electrification and DevelopmentAn Ox connected to the rotor through a shaft is directed in a ciAn Ox connected to the rotor through a shaft is directed in a circular path with rcular path with the motor and apparatus at the centre of the circle, this movemethe motor and apparatus at the centre of the circle, this movement generates nt generates energy that is stored in a lead based battery. The power generatenergy that is stored in a lead based battery. The power generated in 1 hour of ed in 1 hour of working is sufficient to charge a 40 Ah battery. This battery isworking is sufficient to charge a 40 Ah battery. This battery is used to power used to power equipments in the houses.equipments in the houses.
Product Highlights• Patented Product• Clean Technology – Potential carbon credits• Highly available resource – OX• Ease of maintenance in Rural India• Lowest cost in non‐conventional energy sources• Multi‐utility: Electrification and Irrigation• Geographical reach – Applicable at all terrains
Developments so far:• The product is being manufactured in Ranchithrough Outsourcing• Jointly with JREDA, TATA motors and CromptonGreaves for Implementation in 3 villages
PRODUCT
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Key Social Initiatives of XLRI
Parivartan - Village Exposure VisitsAspen Instt’s Teaching Innovation ProgramSIGMA ActivitiesXLRI-Goonj Clothes BankXLRI Social Entrepreneurship Trust1st National Conference on Social Entrepreneurship
Madhukar Shukla
Fostering Entrepreneurship with a Social Cause…
Theme: Providing Access Theme: Providing Access toto
EducationEducationHealthcareHealthcareCredit & Financial ServicesCredit & Financial ServicesLivelihood opportunitiesLivelihood opportunitiesSocietal ResourcesSocietal ResourcesMarketsMarkets
160+ participants 160+ participants –– social social entrepreneurs, NGOs, entrepreneurs, NGOs, developmental developmental professionals, academics professionals, academics & students& students