Entrepreneurship- A Case Study of Cheema Boilers Ltd.

Dr Sanjeev Chaddha, Ms. Navjayot

Abstract: Entrepreneurs have a missionary zeal to create a world class organisation. With very limited resources they flow against the current to achieve their objectives. Schumpeter viewed Entrepreneurship as Constructive Destruction. Peter Drucker viewed an entrepreneur as some-one who actually searches for change, responds to it, and exploits change as an opportunity. A successful entrepreneur transforms a threat into an opportunity. Most observers are in consonance with the fact that entrepreneurship is a vital element for improving capital investments, creating jobs and thus acting as a catalyst for growth in economy of a country. This fact is more true in developing economies where successful small businesses are the primary engines of job creation, income growth, and poverty reduction. Successful entrepreneurs come in various ages, income levels, gender, and race though differing in education and experience. But research indicates that most successful entrepreneurs share certain personal attributes, including: creativity, dedication, determination, flexibility, leadership, passion, self-confidence and smart work. The case study attempts to study the entrepreneur streak in Mr. H. S Cheema who started Cheema Boilers Ltd and tries to find out the reasons for his success. Was it innovation, risk taking capacity, never say die spirit, perseverance, team building, leadership qualities of Mr. Cheema or was it something else which helped to create and nurture a world class organisation in a short span of time. Keywords: Entrepreneurship, boilers, innovation, team, growth, risk taking. Title: Entrepreneurship- A Case Study of Cheema Boilers Ltd Author: Dr Sanjeev Chaddha, Ms. Navjayot International Journal of Social Science and Humanities Research ISSN 2348-3164 (online), ISSN 2348-3156 (Print) Research Publish Journals

Vol. 4, Issue 3, July 2016 – September 2016

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Entrepreneurship- A Case Study of Cheema Boilers Ltd. by Dr Sanjeev Chaddha, Ms. Navjayot