[ad_1]
Developments within the ICT sector have modified the world rather a lot, so innovation and abilities growth at the moment are a should for the survival of startups within the small and medium enterprise (SME) sector, consultants mentioned yesterday.
They had been addressing a workshop titled “Enterprise Masterclass-Grasp the Chaos in Your Enterprise” on the Dhaka Chamber of Commerce and Business (DCCI).
For all latest news, follow The Daily Star’s Google News channel. The occasion was organised by the DCCI Enterprise Institute (DBI), a subsidiary of the DCCI, in cooperation with Mumbai-based Past Purple Ocean Consulting. With developments of data communication and know-how, traits of working companies have modified rather a lot, mentioned DCCI performing president Arman Haque.
“Conducting enterprise has change into very difficult for SMEs now. To be able to adapt to the brand new state of affairs, there isn’t a different however to arrange ourselves,” he mentioned.
Haque additionally urged startups to focus extra on innovation and abilities growth to beat these challenges.
Malay Chakraborty, enterprise coach of Past Purple Ocean Consulting, mentioned the SME entrepreneurs around the globe face numerous obstacles in working their companies.
On account of these hurdles, 70 per cent of startups fail to proceed operating their enterprise and are compelled to give up inside 5 years, he mentioned.
“To be able to survive on this sector, the entrepreneurs should deal with their abilities growth, time and asset administration,” Chakraborty added.
[ad_2]
Source link
