Professional Documents
Culture Documents
PHASE 2
4 “M”s of Mission Statements
Memorable - We, at House of Greens are committed to make the lives of our customers
more enduring, verdant and eco-friendly with our well researched product line and
monthly service which will help us remain connected.
Motivational - We believe in innovation, improvisation, in enhancing our skills & update
our technologies to give site-specific solutions to both Households, Corporates,
institutions and other potential consumers.
Manageable - We aim at specializing in creative/customisable design, sustainable
manufacture and supply of green wall which will help the other end (b2b or b2c) to fulfil
their social responsibility, while also facilitating various habitats by constructing them a
home in the concreate jungle and low-income group community by providing job
opportunities.
Measurable - Like all living plants, greenery in plant walls requires periodical
replacements/check-in to compensate for plant loss and to maintain them according to the
climate and unforeseen changes.
4. What initial management and governance structure will you put in place to implement
the strategy?
House of greens (HOG) operates in divisional organisational structure because there are
different departments like soil, plant, designing, customising, recycyling, upcycling,
installation, maintainance,etc divided geographically, product-based and market- based.
Business Model
1. What will be your core strategy for profitability during business?
The core strategy for profitability during the active functioning HOG would be
challenging more social responsibilities of various sectors of the society, introducing the
product line to serve crowd above and below the poverty line, by increasing existing
product line by introducing various other products like green roofs, stepping up our
design cycle and eventually increasing prices with inflation, advertising and consumers
in the loop with our maintenance services.
Revenue Model
At start-up stage:
1. How much start-up capital do you need?
2. What sources are available to provide seed capital?
Source to provide seed capital for our business would be incubators. Incubators
typically offer small seed investments as well as services like office space and
management training. Most incubation programmes do not require the start-up to give
up any equity, but they typically provide support in addition to cash. This will be very
helpful for HOG and us as we are young entrepreneurs and we need mentorship in
growing our business. Personal saving is another source for capital as seed capital,
founders may contribute their personal wealth and reserves. This is also known as
bootstrapping, and it puts additional financial strain on founders without requiring them
to repay borrowed funds.
Scale: the measurable increase in impact based on the spread of a practice, program or
process
• How will you scale using one or more of the following:
1. Growing the organization
As House of greens is using plastic material to make products like green wall and
frames, For that to grow and the idea to be more renowned, they need to collaborate
with NGOs and corporates that are also concerned for the increasing plastic pollution
and are willing to take steps regarding reducing, reusing and upcycling plastic waste.
One a local organisation of Bangalore known as swachha eco solutions has the same
mindset as ours, they collect plastic from each kind of corporate, residential and
municipalities and treat them in various ways to upcycle or recycle it in ways
possible. Site: http://www.swachhaecosolutions.com/about.htmlThese people can
connect to this organisation and more such organisations and pitch them their selling
products so that to increase reach, make more people aware and thus collaborating
with such big organisations will give them credibility and trust towards people to buy
from them, thus increasing their scale.
2. Replicate our brand
The model from House of greens of green wall can be replicated from a company of
Denmark known as “natural green walls” which uses green walls that are made from
recycled plastic and can be reused again.
Their design of the pots minimizes water wastage by using the water in each reservoir
in the best way possible and the power consumption is almost unmeasurable since
water is supplied rarely. As the model of house of greens is 80% sustainable and it not
just uses plastic bottles but also they have used indoor plants that require minimum
water supply. In addition to green walls they have also made frames from plastic
bottle waste which is also a very small step but an effective one to promote
sustainability. Since they can replicate their model from such a big organisation, this
gives them credibility and trust on the idea of using a new sustainable product.
Site: https://en.naturalgreenwalls.com/
3. Organizing collective action
Plastic waste prevention must come first, followed by reuse and recycling. Plastic
recycling may be made safer by improving collection and monitoring. The House of
Green has initiated a collection effort for plastic bottles. Our primary goal is to
address a social issue while also making our company more environmentally friendly.
It took place at our college, in the PGs where we live, and in our dorms. To begin
with, we created flyers that were displayed throughout our division, PG, and hostel,
with cloth bags placed beneath the flyers for people to drop their used plastic bottles
into. We set a goal of collecting 50 plastic bottles, which we achieved. We sent them
to be recycled after the collection was done. Our business prototype will be made
from 100% recycled plastic. We will use these recycled plastic bottles to put or hold
the plants in the vertical garden instead of using plastic plant holders because our
business strategy is focused on the green wall, which is sustainable and eco-friendly.