LV Prasad Eye Institute
(13 pages of text)
AWARD WINNING CASE - Best case in the Entrepreneurship & Indian Family Business category, 2012 ISB-Ivey Global Case Competition. An entrepreneur puts his entire lifetime into building an organization. When it comes to health care in India, it is all the more difficult as there are so many hurdles, such as a huge population that cannot afford to pay, shortage of trained manpower and increasing cost of supplies. LV Prasad Eye Institute has been successful, largely because of its founder’s dedication, hard work and innovative pyramid model of organizational structure. In spite of its success, this healthcare institution faces challenges from increased competition and the lack of a succession strategy.
This case is appropriate for courses on healthcare management, entrepreneurship (business models) and innovation (business model and management innovations).
- To understand the entrepreneurial qualities of building an organization and the stages of an organization’s life cycle.
- To learn the building blocks and understand the key performance indicators of a healthcare institution.
- To understand the key challenges faced by an entrepreneur in sustaining organizational growth.
Health Care Services
India, Large, 2010
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