Small Industry Extension Training Institute|Business Strategy|Case Study|Case Studies

Small Industry Extension Training Institute

            
 
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Case Details:

Case Code : BSTR120
Case Length : 15 Pages
Period : 1960-2003
Organization : Small Industry Extension Training Institute
Pub Date : 2004
Teaching Note :Not Available
Countries : India
Industry : Training

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



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EXCERPTS Contd...

Future Outlook

SIETI revived due to the various initiatives taken by Prabhakaran and his team. But this came at a cost.

According to Singh, one of the adverse affects of the VRS introduced by Prabhakaran was that many faculty members opted for it, and the result was a mismatch between faculty members and support staff. The employee strength was skewed towards supporting staff. This was not good for a training institute. With the flight of good faculty, SIETI had to depend on part-time consultants. But, the strength of an institute depends on the quality of full time faculty, and to build its brand SIETI has to do some serious rethinking in this regard. As Prabhakaran said, "Increasing competition demands that SIETI build its brand as quickly as possible." SIETI's principal clients were from the small scale sector, which could not afford to spend huge amounts on training their employees.

Business Strategy | Case Study in Management, Operations, Strategies, Business Strategy, Case Studies

SIETI had to create brand equity in order to attract people from small scale enterprises. SIETI also had to depend increasingly on revenues from self-financed candidates as the government had reduced the funds it made available for sponsoring candidates...

Venkatraman's Dilemma Deepens

By the time Venkatraman finished studying the evolution of SIETI, his dilemma had deepened further. What would be the appropriate course of action for SIETI to grow in the future?

How could SIETI regain its lost glory? These were the questions on Venkatraman's mind and he hoped the meeting with the top management of the institute the next day would provide a clear direction to the institute for its future activities.

Business Strategy | Case Study in Management, Operations, Strategies, Business Strategy, Case Studies

Exhibits

Exhibit I: Activities of SEDOC
Exhibit II: Objectives of SIETI
Exhibit III: Organization Structure
Exhibit IV: Centres of Excellence and Cells
Exhibit V: Academic Performance Indicators
Exhibit VI: Academic Performance (Training)
Exhibit VII: Consultancy Assignments Taken Up By SIETI During 2002-03
Exhibit VIII A: Academic Performance Indicators (Financial) Income Through Activities
Exhibit VIII B: Expenditure


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