Description

About The Book

This book aims to prepare SME leaders to plan their enterprises from the beginning and introduce them to the various steps to build the enterprise and make it successful, which is vital for realizing their dreams and fructifying their honest and sincere efforts. It begins with the initial steps and provides information on the common causes of SMEs’ failures. The proportion of failures is around 50%, which is very high. The idea is to avoid these pitfalls and make the enterprise successful and growing continuously.

This is a short guide. It ends with defining “Business Excellence” and how to achieve it. The methods are brief, but the main thrust is on people who associate with the leaders and help them build a successful enterprise. Ultimately, an organization is like a living organism. The quality, motivation, and treatment meted out by the leaders will decide how it will perform, satisfy all the stakeholders and grow with pleasure for all the constituents.

It is a concise collection of essential aspects to ensure success with reasonable surety. SMEs face many challenges, but all those need to be scaled over to succeed.
The primary purpose is to serve the SMEs to reduce their mortality and help the untiring efforts of entrepreneurs bear fruit. All the best to the SMEs.

About The Author

I completed a BE in Mechanical Engineering in 1969 from V Regional College of Engineering, Nagpur. I then pursued a Master of Technology in Machine Tool Engineering from IIT Mumbai and completed it in 1971. My Professional journey began at TELCO (Now Tata Motors). I worked there in their Engineering Research Centre (ERC) for around 3.5 years, gaining valuable experience in the field. In 1974, I decided to supplement my education and enrolled at IIM Ahmedabad. I completed my Post Graduate Diploma in Business Administration (MBA) in 1976. This was a significant turning point in my career, opening up new opportunities and avenues for career growth. Over the next 34 years, I held various positions in engineering industries, working in R&D, Quality Assurance, Production, Production Planning, and Supply Chain Management. I climbed the corporate ladder, taking on roles such as Head of Department, Operations Head, Plant Head, and eventually Chief Executive Officer of a company I helped build. During my working career, I worked in

1. Automobile R & D,
2. Production of Instruments,
3. Production Planning and Control in Diesel Engine Manufacturing,
4. SCM in a) Manufacturing of Large Plants, b) Electric Motors, c) Plastic Luggage, d) Earth Moving Equipment industry.

During these, I was involved in planning materials, warehouse management, logistics, procurement, vendor development, and a wide gamut of other processes.
My subsequent job was as Business Head in the Automotive Brake Industry, where I successfully set up two new Lines of Business. In addition, I handled the HR function. One of these projects grew rapidly, and we set up a separate company for this Business, where I was promoted as the CEO.