Professional Documents
Culture Documents
Issues Relating To Smes
Issues Relating To Smes
Introduction
Among BRIC nations and the US, India is the second largest home market for Small and Medium Sized Enterprises (SMEs) SMEs face certain challenges pushing them far behind their counterparts. One of such critical challenges is the Human Resource (HR) Challenge, encompassing attraction and retention of the right manpower.
Continue
Extreme cost pressure Ineffective screening process Dominance of entrepreneur
Ineffective advertisement
1 Mainly done through hoarding on the gates of enterprise. 2 Advertisement is issued in local newspapers
Selective perception:
Continuous Innovation:
Smes Must Adopt New Inventions And Follow Continuous In Their Working Style , Marketing Management And HR Recruitment.
Consult Correctly :
Hr Fraternity Should Consult Correctly With The Line Manager That What Type Of Employee They Want In Respect Of Qualification Knowledge And Skill.
Conclusion
To summarize, SMEs are required to narrow down on the right resource after a meticulous consideration of the position that is required to be filled. HR functions deal with different dynamics when contributing to SME growth plan. While the organization plans to follow a successful trajectory, there is a need for both HR and senior management executives to discover change agents for successful hiring.