BULMIM Journal of Management and Research
  • Year: 2020
  • Volume: 5
  • Issue: 1

Case study on an Indian SME: Nikash CNC Engineers Pvt. Ltd.

Professor & HOD, Management Program Institute of Management Studies Career development & Research, S.P. University of Pune, Ahmednagar, Maharashtra, India, Email id: meera630@gmail.com

Online published on 28 May, 2020.

Abstract

This case brings the reality of a Small and Medium Enterprises (SME) unit. Nikash CNC Engineers Pvt. Ltd, is involved in manufacturing of machined components. With commitment to holistic well-being, Nikash has worked for improvement. SMEs in this geography have challenges of a different kind in managing their human asset-high labour turnover, migrant workforce, economic compulsions, political and geographic limitations and so on. Despite this, Nikash has been engaging their employees through various initiatives like Appreciation Cards, key result areas and key performance indices, Suggestion schemes, Educational support, Healthy food, Open communication, Knowledge sharing, Training and so on with a focus on overall wellness.

Keywords

Culture, Human asset, Human resource, SME, Values