Indira Management Review

Srushti Malkar ¹, Anuja Johri ²

Affiliations
1 Department of MBA, Pimpri Chinchwad College of Engineering, IN
2 Department of MBA, Pimpri Chinchwad College of Engineering, Pune, IN

Abstract

Small and Medium Enterprises (SME’s) plays a most important part in the socio-economic growth of the country .Though, SME’s sector has consistently registered higher growth rate compared to the overall industrial sector, but then also they have been facing great challenges in the era of liberalization and Globalisation as well in today’s VUCA environment. SMEs are expected to a VUCA calamity in the market place than larger firms that hold the ability to soak up more shock. The Present study explores the problem of a Small enterprise Dr. Ratna’s The Edit Clinic a top obesity, hair & skin clinic in a prime locality in Pune and provide planned solution to it in relation to the changing market environment. Research presents a future-ready viable roadmap to nurture .The Edit Clinic business by 10X in next 2 years. An apparent business focus was established which is exact for the founder’s inspiration, ability, and experience. Clearly recognized competitors and effective competitive strategy was provided. Digital 4.0 technology enabled roadmap for business growth and transformation.

Keywords

SME, VUCA, Strategy, Business Plan, SWOT Analysis.

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