Today, Small and Medium Enterprises in the emerging countries are in the midst of innovation and transformation. The market dynamics are rapidly changing and becoming highly complex, requiring companies to constantly innovate. If innovation is one side of the coin, the other side is to bring in cost competitiveness.
Reduction in costs can be done in many ways. But the ideal way to do the same without compromising on the innovation as well the resources is to make people highly productive. One way to make the company more productive is to bring in automation culture. Leverage the technology to drive productivity and innovation.
The key for any SME is to keep their employees highly engaged and well connected within the company. In this endeavor, following should be the sequence of thoughts. How to automate the entire HR processes and in the process build a robust collaboration platform, How to analyze the underlying data to make overall organization improvements and how the organization can afford it.
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Author Details:
Sreekanth Lapala, CEO, TenXLabs
Linkedin profile: http://in.linkedin.com/pub/sreekanth-lapala/1/417/b3a
