What entrepreneurial habits did Harish Hande exhibit in handling SELCO? SHAPEN
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Entrepreneurial habits did Harish Hande exhibit in handling SELCO are:
- Hande realized that, rather than lowering the pricing and quality of SELCO's solar goods to reflect the low incomes of rural and urban poor, he decided to offer innovative repayment options for low-income consumers while preserving quality standards.
- According to Hande, organizations frequently make the error of fitting the issue to the solution. When rapidly moving consumer goods businesses started selling little, Rs. 1 shampoo sachets to impoverished consumers, for example, the product was lauded as a tremendous commercial idea in many quarters.
- Hande is in the middle of things at SELCO whenever it comes to developing solutions that the underprivileged of the country can utilise and benefit from. That explains why, in recent years, the firm has received various accolades, ranging from the Tech Museum in Silicon Valley to the Ashden Awards for Renewable Energy there in the United Kingdom.
- It was one thing to decide to launch a solar firm; it was another to make it successful. He began by purchasing and selling single solar light, then having another, and then another. As per him, the goal was to see if people were interested in solar energy. They weren't at first. A wealthy but cautious areca-nut farmer was one of Hande's first customers.
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