Manpower Management: A Major Challenge for MSMEs

For any business, its workforce is its biggest asset. However, for Micro, Small, and Medium Enterprises (MSMEs), managing manpower efficiently is one of the most persistent challenges. Poor manpower management can lead to delays, poor productivity and even financial losses. In this article, we will explore the major manpower-related challenges faced by MSMEs and their impact on business operations. --- Key Challenges in Manpower Management for MSMEs 1. Hiring the Right People MSMEs often lack structured recruitment processes and rely on referrals or quick hiring decisions. Finding skilled and reliable employees is difficult, especially with limited budgets. There is a mismatch between job expectations and employee skills. 2. Low Productivity & Inefficiency Employees may not be fully engaged or motivated to perform at their best. Lack of proper training and upskilling programs results in underperformance. Lack of accountability reduce overall efficiency. 3. High Employee Turnover MS...