Having an HR strategy is essential for SME growth

At the core of every enterprise is profit maximisation and cost reduction, yet almost one-half of small-and-medium enterprises (SMEs) collapse within a year or two. Those that make it through to the next stage often struggle with employee retention largely because of lack of a clear HR strategy
A Gakenke District juice producer talks to clients about her products at an exhibition in this 2013 photo. SMEs need to have solid HR strategies, too. (File)
A Gakenke District juice producer talks to clients about her products at an exhibition in this 2013 photo. SMEs need to have solid HR strategies, too. (File)
Times Reporter