Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Shesha Geza is a creative African business that produces hand washing products, but it has some strategy - related issues that make it a hassle
Shesha Geza is a creative African business that produces hand washing products, but it has some strategyrelated issues that make it a hassle to grow as a business. Some of these include its small market reach, problems with logistics need for external funding, and strong competition in the hand hygiene industry. This would be longterm in solving problems put forth by Shesha Geza and ensure growth across all four other areas. The four are the expansion of the firm's product, geographic reach, operational efficiency, and partnerships.
Market Reach Limitations:
Shesha Geza is focusing too much on just one part of the market, several potential customers, such as rural places where there are very few toilets, are excluded. There are always more customers that need to be reached for further expansion but require special handling and targeting in hardertoreach locations. Shesha Geza can also reach those communities by working through NGOs and known local leaders in those areas to raise awareness and encourage adoption. Shesha Geza could also come up with a scaled pricing plan that makes its products more accessible to lowincome families and businesses. This would reach more potential customers and make the company's customer base more diversified.
Logistical and Distribution Challenges:
Perhaps one of the major challenges facing Shesha Geza, is the difficulty of getting its handwashing machines to the disparate parts of Africa; finding and bringing the machine to a rather isolated place tends to be a very expensive affair. The company should consider establishing regional hubs to reduce costs of transport and raise production rates. Shesha Geza can respond to needs across different areas more quickly, yet save money by spreading out its operations. Reaching out to local supply chains and adding technology for tracking inventory can also enhance delivery networks so that goods arrive at the customer site quicker and cheaper.
Dependence on Grant Funding:
Shawa Geza's reliance on such grants may be its eventual demise since the former is projectbased and not a source of continuous income. To fill this gap, Shesha Geza can engage in other forms of income generation such as offering different products for the different types of customers, such as schools, health centres, and city governments. Adoption of a social enterprise model is a great suggestion. The profits reinvested back into the business will make it more effective in these businesses. Impact investors like this plan, and it fits with Shesha Geza's goal of meeting public health needs. This means that Shesha Geza might be able to get funding from places that value longlasting bigimpact solutions.
Competitive Pressures:
Shesha Geza works in a market that is becoming ever highly competitive with a growing number of local and foreign firms entering the hand hygiene sector. Shesha Geza can differentiate itself by developing new products, such as the internet of things technology on its handwashing machines to track and collect information about how they are used. That makes the products of Shesha Geza unique. Besides, the business needs to focus on its concern for community health and market its solutions as reliable, socially responsible items exclusively designed for use in Africa. That way, it shall develop true customer trust and loyalty.
Ensuring Sustainable Growth Across the Four Growth Areas:
Shesha Geza needs to devise a comprehensive strategy that will ensure sustainable growth in each of the four growth areas. Product expansion could be ensured by making various kinds of products to suit the different types of customers. For example, the company can make less costly systems for rural areas while preparing advanced systems for schools or hospitals in cities. In doing so they would be able to meet the needs of many different customers. Rapid scaling within terms of geographic reach is possible by leveraging an NGO's existing networks and resources through strategic partnerships with NGOs, government agencies, and health organizations. Shesha Geza should invest in local manufacturing to curtail transport costs while further streamlining the operational efficiency. Lastly, partnerships with important groups such as governments and international health organizations will not only increase the credibility of the company but also ensure an uninterrupted steam of orders from institutional buyers. This would further make Shesha Geza wellknown all over Africa as an authentic source of handwashing products. It allows the business to grow in a manner that is beneficial to the environment and for the people.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started