9th Social Business Day

28-29 June, 2019 Centara Grand and Bangkok Convention Center at CentralWorld

Session: Panel 3: Corporates in Social Business: How to get traction, What is Missing?

This panel is designed to discuss the importance of corporate action tanks in social business. It will provide insight on how large corporations can support social projects, adopt social business policies and invest in social businesses through corporate action tanks. Large corporations can make huge contributions in the world of social business. Corporate Action Tanks can act as a springboard for these corporations to engage and work together to address diverse social problems by creating various social business ventures. Corporate action tanks help in making connections and deepening partnerships. It may draw the attention to making the future character of business should be of the form dual business - each profit-maximizing business must create a social business as a parallel business to the world sustainable socially and environmentally.

This will be the concept of corporates. Corporates should be created in pairs, like twins, corporate for profit-maximizing and corporate for social benefit maximizing. CSR is a small beginning. It has to be formalized into a dual corporate system.  

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