HR SME : HR Function Management

SME’s creates a big future for HR in India To consider what the future of HR services will be in SMEs, first let’s look at the current HR practices and approaches being adopted in smaller organizations through a short story. I’ll then go on to envisage the possible growth and how it can generate business opportunity in the future, particularly through the franchise operating model offered by Husys. Why SME in India? 1.         Currently MSME’s are a huge 51 million size, which is a massive growth from 16 million since 2001. 2.         40% of the  workforce  in India are in SME segment 3.         SME contributes to 8+% of the total GDP of India 4.         Special MSME ministry is formed in the Govt. of India A day in life of CEO @ SME:  “Ram an owner of a small business firm with 20 people, had targeted to gr...

WISH YOU ALL A VERY HAPPY AND PROSPEROUS NEW YEAR 2013. We do hope that you take the advantage of Human Resources for betterment of your Business in 2013. At Husys we all enjoyed growth of our clients in the year 2012 and look forward to grow more with positive energy. We want to contribute more this year to SME’s in India and across the globe. 16.   Build Revenue Focus : Market today is for the fittest. Survival linked to the performance on business revenue. It’s always a challenge to measure every function in revenue terms to stay fit.  However, it is possible with the SME’s due to the size and arm length distance that you can see the last mile Sale/Cost/wastage.  All SME business owners must develop an attitude to help their employees to measure themselves in relationship to Business Revenue. Also always bring the focus on what the money you receive from your customer is the money you to consider as sale. Idea : Build the Sales & Collection Target fo...