How online skill development is paving way for SMBs to transform digitally
Skill, labour, talent for MSMEs: Small and medium-sized businesses (SMBs) digitally transforming their operations are all hitting a common roadblock. The ‘shortage of digital skills and talent,’ is the top challenge for SMBs in India, according to CISCO’s Asia Pacific SMB Digital Maturity Study. There’s a lot at stake, with the study estimating digitalization of SMBs could add $216 Billion to India’s GDP by 2024. While small businesses create millions of jobs, they are often left behind in the talent race, without the resources to recruit top digital hires.