Sidbi plan­ning Vi­sion 2.0

Banking Frontiers - - Project Pipeline -

Sidbi has con­ceived a Busi­ness cum De­vel­op­ment Strat­egy & Or­ga­ni­za­tion Re­struc­tur­ing, which it calls Sidbi Vi­sion 2.0 and it in­tends to ap­point a con­sul­tant to help it in the for­mu­la­tion of a strat­egy and work out de­tails and to fi­nally im­ple­ment the plan. Sidbi has in­ter­nally pre­pared a broad con­cept on Sidbi Vi­sion 2.0 and it feels this con­cept needs to be val­i­dated with var­i­ous stake­hold­ers, de­vel­oped into a de­tailed plan, to be fol­lowed by trans­for­ma­tional changes in the or­ga­ni­za­tional struc­ture, prod­ucts and pro­cesses etc and im­ple­men­ta­tion thereof in a time­bound man­ner, to en­able it to play a very ac­tive and cat­alytic role in cre­at­ing vi­brancy in the MSME ecosys­tem. It aims to have an in­te­grated Credit Plus ap­proach for MSMEs and its thought lead­er­ship. Key el­e­ments of the Sidbi Vi­sion 2.0 are: SIDBI as a thought leader and nodal agency for MSME sec­tor, In­te­grated ap­proach for MSMEs - Credit Plus ap­proach, Im­pact mul­ti­plier, Ag­gre­ga­tor, Di­rect to SME, Sub­sidiary de­vel­op­ment and In­ter­nal Sidbi trans­for­ma­tion. The en­gaged con­sul­tant would be re­quired to cre­ate an agenda that has im­me­di­ate, medium term and long-term ac­tion items.

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