Human Capital is considered as one of the important asset of an organization. Small businesses face a lot of challenges with managing human resource. Presentation highlights on the gap.

1. Where Small Businesses
are lacking - Part I
• By Sisir Ghosh

2. Background
• Small businesses are defined as the organization whose turnover is
less than Rs. 1 Crore
• It is observed that the 80 % of traditional small businesses tend to
remain in the same bracket of turnover with stagnant growth.
• This presentation will talk about the 1st reason that affects the
small businesses
• India is facing a huge challenge to bridge the gap of talent requirement
optimization of the resource

3. What is Human Capital
Resource which involves engagement of human skills to perform
different tasks of an organization to achieve defined goals of an
organization

4. Why Human Resource
Human resource is an asset of an organization which when nourished in
effectively can transform the growth at an astonishing rate, but reversely
can hamper the sustainability of the company when not harnessed
properly

5. • Higher transition
• Lack of skills
• Fear of data theft
• High cost of salary
• Less availability of talent from the industry
Main Problems faced by companies

6. • No standard HR policy
• Lack of growth
• Less salary
• Lack of organizational roadmap
• No training
Main Problem faced by employees

7. What is the reality
• Human Resource is often considered as a expense in organization
• Companies do not realize the cost of replacing an experienced
employee of the company
• Small businesses do not offer job stability
• Monetary growth is not stable
• High pressure of the job
• Limited training from the management
• Loyalty is not rewarded in small businesses
• No additional investment is made for training and development

8. What can be done
• A clear roadmap is created for the hired employee
• Proper employee benefits are communicated
• Training is provided for the development
• Employee engagement programs

9. Thank You