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Beneath the aegis of Lexicon Administration Institute of Management and Excellence (Lexicon MILE), the Lexicon Centre of MSME Excellence endeavours to assist and encourage progress and easy functioning of Micro, small and Medium sized enterprises by offering them with consulting providers, diagnosing their functioning, and deriving at a tangible answer.
In direction of this, the centre has now devised a diagnostic examine system whereby the MSME items
are measured on numerous parameters like folks, processes, advertising, branding, technique, finance and their worldwide market attain.
The centre actively takes care of venture administration, worldwide market entry methods and likewise works in direction of serving to MSMEs design their monetary plans. The purpose in to proceed to deal with the monetary well being and viability of assorted MSME items and small companies. In direction of this, ‘we interact in consultancy assignments, coaching and numerous associated programmes. This additionally helps us perceive numerous MSME schemes, vitality financial savings strategies and more- says Professor Raju Varghese Lexicon MILE.
The Centre continues to organise numerous MSME occasions and is within the means of figuring out district sensible chapters which can deal with associated actions. The Centre has additionally collaborated with Chambers of Commerce and different industrial associations to know the challenges confronted by the MSME sector. Towards this, the centre engages in small group cluster actions involving 10 – 15 MSME homeowners that creates higher join and helps them in additional networking. Its consultancy providers embody giving tips about easy methods to cut back operational prices, growing turnover, discovering acceptable funding and even Begin-up Administration.
The Centre can also be operating brief length programs for Venture Administration, Understanding Finance and Worldwide Market Entry Methods.
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