Business
Sustainability: Role for HRM
With special
reference to Acquisition and Retention of talents in SMEs
Vasantha Lakshmi.
R and
Hanuman S Kennedy
4th
National Conference on MSMEs’ – Role in
propelling Economic Development of India
December 6, 2014 @ RVIM, Bangalore
December 6, 2014 @ RVIM, Bangalore
Abstract
The effectiveness of talents in an
organization plays a very significant role in the organizational performance
which in turn influences the sustainability of the firm. Talents Acquisition is
the most significant function which influences all other functions in the
organization. The acquisition of the
right talents and retention of such talents are major challenges for SMEs. This
paper brings out the various problems and the practices for acquisition &
retention in the Small Enterprises through cases of small companies and a theoretical
framework for SMEs to enhance the effectiveness of the acquisition of talents
process.
Key
words: Human Resource Management; Acquisition of talents;
Retention of talents, Business sustainability, HRM in SMEs
Straplan Limited is a leading business management consultancy which helps businesses within a range of different sectors of all sizes. Our ethos is to provide a service much more than just what you would expect from a management consultancy. We incorporate an ‘everything is connected’ policy, this includes management consulting, coaching, training and recruitment. We are here to ensure that your business can streamline its working processes and by working smarter you can achieve greater profits and business growth as a result.Our business management consultancy solutions focus on your organisations primary priorities such as:Business sustainability and Growth.Profit Maximisation.Increasing Business Efficiency.All of our services lead towards at least one of those overriding goals. Bid Writing UK
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