Innovate or Perish

Abstract

‘Perfect Fittings’—a company promoted by Mr Sunil Pradhan started with the conventional activity of fabrication, diversify into a specialized area and with sheer determination, handwork, and consistency made it a success. Philosophy of Pradhan brothers is to share the benefits of business with the workers. In a way it is service to the society. By motivating and educating the workers in doing skilled jobs, the company is serving the society and creating new avenues for the upcoming entrepreneurs. A very lucrative offer from one multinational company—Globe Inc. who wishes to take over the entire business of ‘Perfect Fittings’ at a handsome premium has put the entrepreneur in a dilemma, whether to take the offer that will give a great financial success but will lose their identity and the ability to help the society and livelihoods of the employees. This is a classic case of entrepreneur dilemma, and tickles the mind.