How can SMEs improve staff morale, cost effectively?

Retaining and motivating skilled employees is repeatedly cited as one of the biggest issues facing small businesses. The key drivers of staff morale, can be categorised under 3 dependencies: 1. Remuneration; 2. Progression (i.e. availability of promotions, and training and/or upskilling opportunities); and 3. Non-monetary rewards (such as working conditions, corporate culture, quality of workplace, …

Why should SMEs prioritise knowledge sharing?

Knowledge sharing within any business is vital for growth but sometimes smaller businesses struggle to facilitate it as staff are typically managing more than one role and/or are spread across various locations so the time for dissemination and brain storming with others is often not possible. This can create knowledge silos within the business and …