3 important HR factors for exponential SME business growth (1)

3 Important HR Factors For Exponential SME Business Growth! An SME business owner asked an imminent question recently– Why are Indian startups booming, making money and getting success, while SME businesses are still struggling for growth? That’s a question that needs deep thinking. We sat with our team of advisors, spoke to startup founders, some of our progressive SME clients and came up with 3 important factors from a human resource perspective. Here are the 3 things a business leader must address in his or her SME organization 1: Professional HR foundation: What happens when you get a big business order? Or, your product gets traction in the marketplace? Customers call for a demo, but the sales team isn’t ready? That’s a reality of most SME organizations who find sudden growth. They invest in advanced machinery and tools for production and maintenance, but sometimes don’t even have a professional HR manager in place. Or, if there is one, a junior team member, he or she can’t tackle the sudden surge of demand for new recruits. Good talent asks for many policy-related questions which are unanswered. So, they don’t join. Or don’t remain in the organization for a long time.