It is an undisputed fact that Small and Medium Enterprises (SMEs) make a significant contribution to the net creation of jobs, particularly in developing countries. According to the World Bank, formal SMEs contribute up to 45 percent of total employment and up to 33 percent of national income (GDP) in emerging economies. And these numbers get significantly higher when informal SMEs are included.
In the Indian industrial ecosystem, an ASSOCHAM report reveals that micro and SMEs occupy around 48.8 million units throughout the geographical expanse of the country and contribute about 7% of the manufacturing GDP and 31% of the GDP from service activities, as well as 37% of India’s manufacturing output. The sector also supplies around 46% of the overall exports from India and has consistently maintained a growth rate of 10 percent.
However, despite the fact that these enterprises significantly promote sustainable development and growth to the overall economic development of the country, they too suffer from the perplexing challenge of skilled manpower and talent.
To recognize and provide solutions to people challenges that the SMEs encounter, People Matters has organized the SMEs Talent Week — a week-long virtual learning and sharing platform for entrepreneurs, business leaders and HR practitioners who want to crack the talent code to achieve substantial growth in such enterprises.
WHAT TO EXPECT?
Week-long activities that will include webinars, technical sessions, functional best practices, and networking on social media with Tweetchats, Twitter interviews, twangouts and Facebook Live sessions.
One can expect some crucial key takeaways:
1. What makes SMEs different?
2. How should SMEs plan recruitment
3. The must-dos for a scale up
4. How to transform yourself into a leader
5. Hear about real business problems and learn the solutions to them.
Thus, come join us for this awakening as we delve deep and crack the talent code of SMEs!
Learn more about the session and register here.
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