Page 70 - IMDR - Journal of Management Development and Research - March2019-20

However, if you look at the data, still there are some SMEs who have become the early

adapters and upskilling themselves. This is usually feasible in Start-ups and knowledge-
driven economies.

Second to early adapters, there would be followers who would upskill themselves and
fil the industry requirements of technology and thus bring overall improvement. During

this phase of exploration by SMEs, the L&D fraternity need to give them direction and
encouragement. Show them lateral options and reward them as encouragement.

References:

1. https://www2.deloitte.com/us/en/insights/focus/human-capital-

trends/2019/reskilling-upskilling- the-future-of-learning-and-
development.html

2. https://www.peoplematters.in/article/sme-talent/challenges-for-hr-in-smes-14956

3. https://www.sme.org/technologies/articles/2019/november/the-future-of-
manufacturing-relies-on- engaging-todays-workforce/

4. https://read.oecd-ilibrary.org/industry-and-services/skills-

development-and-training-in- smes/overview-of-training-and-skills-
development-in-smes_9789264169425-4-en#page9

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