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Spring launches Human Capital Movement, shines spotlight on SMEs' HR capabilities
Pilot run of diagnostic tool shows SMEs have lots to do to improve HR management
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Mindy Tan
Published Thu, Jul 30, 2015 · 09:50 PM
Singapore
SMALL and medium-sized enterprises (SMEs) do not have strong human resource (HR) practices and are especially weak in the area of learning and development, according to the results of the pilot run of a diagnostic tool designed to gauge the HR maturity of companies.
The diagnostic tool, which was developed by Spring Singapore and managing consulting firm Hay Group, was tested on 177 SMEs. Intended to reach out to 1,000 SMEs over the next three years, the tool is designed to help SMEs identify gaps in their HR management and development processes, and the steps needed to address them.
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