Day: 22 August 2022

RETAINING THE BEST EMPLOYEES

Small Enterprise India

Companies prioritize employee retention since replacing employees, especially effective ones, takes time and money. Having brilliant workers leave your firm might pressure current employees who must take on more work until those jobs can be filled. Given this, it is critical to prioritize the retention of your top staff. Keeping your best employees these days is difficult. The workplace is changing, and job-hopping is popular among millennials. Why is it so difficult to maintain your best employees these days? How previous generations saw employment is radically different from how it…

AI & AUTOMATION DELIVER GREATER CX IN A DIGITAL WORLD

Anjali Malhotra

In the erstwhile Industrial era of the 70-80s, organization size was a very important factor for growth. How large the company is made a huge difference to their fortunes and growth prospects. In the now Digital age, size has seized to remain that critical. Instead, agility has emerged as a key determinant of success. How fast an enterprise can learn and respond to market changes in a highly digital economy, pretty much decides the momentum of gains it stands to make.  Agility is not just about speed, but also about…

GOVERNMENT SUPPORT OF SME FINANCE

Small Enterprise India

India has about 60 million+ Micro Small and Medium Enterprises, including registered and unregistered ones. SMEs have contributed about 40% of total manufacturing and 34% of total exports to the Indian Economy. They have become crucial; to the country’s economic growth, leading to employment generation and entrepreneurial development. SMEs are heavily reliant on debts to fulfil their start-up needs, cash flow and investment needs. Therefore, bank lending becomes the most common source of external finance for many SMEs. The government has taken a variety of measures to support SME access…