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Vedic Plaster: The Sustainable Enterprise


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1 Research Scholar, Department of Management Studies, Atal Bihari Vajpayee Indian Institute of Information Technology and Management (ABV-IIITM), Morena Link Rd, IIITM Campus, Gwalior, Madhya Pradesh - 474015, India

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The purpose of this paper was to showcase successful business model based on sustainable resources which have side-lined the conventional route taken by most of the practitioners worldwide. The business model duplication is possible by going through the existing work of an exemplary organization named Vedic Plaster, the Indian sustainable organization led by a bunch of enthusiastic people that created a breakthrough in the cement industry by going organic.

In this paper, an honest attempt to practically elaborate the concept of sustainable entrepreneurship was tried. Sadly, till now it has been restricted more to the academicians than practitioners. The current body of work unfolds the story of Dr. Shiv Darshan Malik, a sustainable entrepreneur from India. The USP of the organization is the replacement of cement with plaster formed using Indian breed cow-dung.

The case encompasses five stages starting with the introduction, his inspiration, operations, value proposition offered, and challenges faced. The value created by his organization practising sustainability can become the roadmap for other sustainable entrepreneurs willing to start their ventures.


Keywords

Environment, Sustainable Enterprises, Sustainable Entrepreneurship, Sustainability

Paper Submission Date: Sep 25, 2018 ; Paper sent back for Revision: November 10, 2018; Paper Acceptance Date: December 8, 2018

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  • Vedic Plaster: The Sustainable Enterprise

Abstract Views: 246  |  PDF Views: 0

Authors

Prigya Rawat
Research Scholar, Department of Management Studies, Atal Bihari Vajpayee Indian Institute of Information Technology and Management (ABV-IIITM), Morena Link Rd, IIITM Campus, Gwalior, Madhya Pradesh - 474015, India

Abstract


The purpose of this paper was to showcase successful business model based on sustainable resources which have side-lined the conventional route taken by most of the practitioners worldwide. The business model duplication is possible by going through the existing work of an exemplary organization named Vedic Plaster, the Indian sustainable organization led by a bunch of enthusiastic people that created a breakthrough in the cement industry by going organic.

In this paper, an honest attempt to practically elaborate the concept of sustainable entrepreneurship was tried. Sadly, till now it has been restricted more to the academicians than practitioners. The current body of work unfolds the story of Dr. Shiv Darshan Malik, a sustainable entrepreneur from India. The USP of the organization is the replacement of cement with plaster formed using Indian breed cow-dung.

The case encompasses five stages starting with the introduction, his inspiration, operations, value proposition offered, and challenges faced. The value created by his organization practising sustainability can become the roadmap for other sustainable entrepreneurs willing to start their ventures.


Keywords


Environment, Sustainable Enterprises, Sustainable Entrepreneurship, Sustainability

Paper Submission Date: Sep 25, 2018 ; Paper sent back for Revision: November 10, 2018; Paper Acceptance Date: December 8, 2018




DOI: https://doi.org/10.17010/amcije%2F2019%2Fv2i1%2F143720