14 Aug SELCOâIndia: Lighting the Base of the Pyramid 1. Explain the innovation adopt
SELCOâIndia: Lighting the Base of the Pyramid
1. Explain the innovation adoption process for SELCO systems in terms of the six factors that affect customersâ technology adoption decisions (Chapter 7).
2. Of the various models of social entrepreneurship in Chapter 13, which model does SELCO follow? Which of the challenges and success factors for base-of-the-pyramid strategies affect SELCO? Be specific in your elaboration.
3. What role has the marketing function played in SELCOâs success? What suggestions do you have to make their marketing more effective?
4. SELCO has been approached by people who would like a franchise to sell SELCOâs systems. Should SELCO sell franchises? Why or why not?
5. Is SELCOâs business model sustainable long-term? What are the threats to the business model and how can SELCO prepare for these?
6. Is the SELCO business model sufficiently scalable to support its growth goals? If not, what should it do?
7. What proactive actions can help SELCO cross the chasm in the Indian market?
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