QUARTER FINAL | BUSINESS CASE - BCS 01
CEO Submission BCS 01
NMO Season 1
Business expansion plan for SELCO India
Submission Date & Time : 2019-03-24 11:28:23
Submitted By: ARUN YADAV - CEO From Team Ramanujan
BCS Solution Summary1. To start with the first action point should be to increase the market penetration of the existing products which comes under the sales expansion strategy. 2. Moreover it's a clean energy initiative so SELCO can get government's support. With that they can expand into other parts of the country along with the energy centers expansion. 3. Further more having being backed up by the government and making good profit they can move into the product line expansion by using the latest techniques of innovation.
Solution
Talking about the marketing side of the things, company has to first increase the market penetration as still 40 crore people are left to be benefitted by the soalr energy. Govt support would definitely make it easier as its a clean energy initiative. Once the market has been expanded to almost the whole country and simultaneously establishing the energy service centres. This would have been made possible because company is already doing good making average 20% profit year by year. Then they can expand to urban sectors making specific products using their latest innovation technologies. Coming to the finance side, they can charge urban customers more and rural customers less to compensate for the losses. Trust and responsibility is maintained by employing the rural youth. This project is directly empowering the youth by making them self dependent. Also SELCO can give energy loans to SMEs and earn interest from them to increase cash infliow. That creates a sustainable business model.
Attached File Details
Comments
Manish Raj
The explanation is Missing from Team Ramanujan, Thoughts are bright but need more presentation skills to be a winner!!
Umeash Sahai
A PowerPoint Presentation Could have been improved quality of this submission drastically, Explanation is missing on Action plan ...
Gaurav Saxena
This Submission need a leader's vision. Definitely your efforts will take you there,but this submission certainly needed more explanation !!
Participant
ARUN YADAV
HCL Technologies, Consultant PDM College of Engineering
An engineer with an experience of working in IT service industry in Oil & Gas as well as semiconductor technology domain. Now looking forward to a career in management.