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Business Model of Namaste Solar - Essay Example

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The paper "Business Model of Namaste Solar" states that Namaste Solar’s organizational culture and practices are well-aligned with its values, vision, and mission.  This alignment and structure place the highest importance on its employees, which are also partial owners of the company…
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Business Model of Namaste Solar
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Extract of sample "Business Model of Namaste Solar"

Most organizations strive to align these practices and policies with their vision and mission, but strategic alignment always has gaps and breeds inefficiency in some way or another. Thus, employee commitment and responsibility, in the form of ownership, as well as its engaging culture are the reasons for its competitive edge in the market. 

On the contrary, the present situation at Namaste Solar, which is to scale up its business to sustain its position in the highly competitive and volatile market, needs serious thought on aspects related to growth and expansion on a larger scale compared to its previous smaller steps.  All founders and employee-owners recognize this fact at Namaste, and that they have immense potential to grow and make larger profits.  After much discussion and meetings held with all employees, as followed in its culture, Namaste Solar is now faced with three options, either to sell, invite external investment for a larger stake or retain its original values, vision, and mission.

 

Namaste’s culture, vision, and values will be at stake if it decides on either the first or second option, which on the other hand promises better growth and profits for the company.  These options however do not promise growth and profits for Namaste’s employees as the new entrants and/or stakeholders would come with different expectations that may not match with Namaste’s culture; in this case, employees that are used to one way of leading their company and giving commitment may not be able to adjust to the new change and differences.  This is probably a disadvantage of Namaste’s model which is its existence and sustenance in the long run. 

 

Considering the vast majority of employees’ concerns and favor towards the third option, Path C, which is also the CEO, Blake’s choice about the way forward for Namaste Solar, should be adopted after obtaining a consensus from all stakeholders.  This company’s culture, vision and values, operational strategies, and employee practices have all helped in immense growth; with the same set of principles, Namaste can overcome the present challenges, with slight tweaking of operational, marketing, and financial strategies.  Although this might seem difficult at the beginning, employee commitment to take their company to greater levels will not wane; and for the stressed-out employees and/or employees with differential opinions, different operational strategies, and practices that will address their specific concerns can be of great help instead of changing the entire company’s ownership, structure, culture, etc. In short, Namaste Solar’s business structure is close to ideal and its core ideology is adequately aligned with its vision; however, its vision of the future needs attention through changes in strategies.

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