Selco is a social enterprise established with a vision to provide technological and energy solutions to poorer sections of society in a sustainable way. While the company has faced some challenges over time including losses from an expansion strategy in 2001, it has largely been successful in achieving its vision through continuous efforts. The company financially aids customers to purchase energy solutions by only requiring 25% of the upfront cost, with the remainder paid in installments. It aims to expand its supplier network, include new product lines, and raise funds through partnerships and financial institutions to further its goal of providing sustainable energy access.
1. Over view
Selco is a social enterprise established with a vision to
technological and energy sustained solution to poor and
economically weaker section of society. The company from the
time of its establishment has been successful to achieve it’s
vision, though there had been some ups and downs but the
company successfully overcame it, through its continuous efforts.
“ Help others achieve their dreams you’ll achieve yours” the
company has been working in this direction from years . They
proved a popular myth wrong that poor can’t afford sustainable
energy source by financially and practically aiding them. A
organisation started with a vision and further developed it’s
mission.
The company faced loss by its expansion strategy in 2001 and in
200i it returned to market with great punch.
The company meets the energy needs by financially aiding
people , that is on purchase the customer would be paying only
25% of original cost and rest of amount in installments. Their
idea worked and today selco holds a valuable position in society
2. LEADERSHIP ROLE
A good leader acts clam and tries to understand each members
perceptive in team and then try to implement the idea based on
various standards but making sure that no department issues are
neglected. Funds are needed for any business we do, and then iT
team who pick up the role of Internet marketing and providing
service. Human resource has always played a crucial role in
company’s success, because it’s those people who actually work.
And then its marketing team who analysis the market scenario
and prepare marketing strategy as per that.
Plan
The motto of the company has been providing sustainable source of
energy to backward section of society. As a ceo its my responsibility
and duty to ensure that this vision is successfully achieved.
Each department has its own ideas and integrating all suggestions
ideas is our of leader , who scrubs individual interest to group
3. interest. When someone in a team fails to do his part its leaders duty
to stand up for that role and successful fill the raised gap
In group discussion we have decided to increase our supplier network
for more products , than producing our own equipment we can
outsource it and also include few new product lines .
The company has been able to maintain good growth rates for
years and it has been following strategy of reinvestment
The company can further go for raising funds through project
partnership and approaching various financial institution
Selco can hire people from villages and train them, this could
also open employment opportunities in rural areas. Selco
successfully has a customer base it can create a network
market through existing customers through reference strategy.
The company has already taken step developing online platform
which is under development
It should target clients who are actually interested and
involved in occupations.
sheet of show lots of un-used fund which should be used for
expansion
in rural areas requires the same recruiting skills that recruiters
utilize throughout their open requisition favoritism, unequal pay,
not paying for overtime working hours plaques the human resource
division and thus should be strictly avoided.
will provide each representative team with a tablet having the
pre-installed software to ease the registration process.
4. Selco believe in simplicity and to maintain it, we can make our
YouTube channel. We can upload the transformation in the poor
life by associated with company.