Greater than the Sum of its Parts
Many small and medium-sized enterprises (SMEs), by virtue of their size, are so engaged in the day-to-day operations that they do not have the time to think about the future. Those that have the time may not possess the foresight; yet others may know where they want to go but lack the know-how to get there.
In this bulletin, we showcase how two SMEs have reached to the UOB-SMU Asian Enterprise Institute for a leg-up to their next stage of development – an employment agency that wants to stand among the top three in one of its business lines, and an accountancy firm looking to transform for sustainability.
Under the Institute’s flagship SME Consulting Programme, a team of student-consultants undertook the project to help the SMEs meet their objectives. Each team was supervised by an industry stalwart as Project Advisor and supported by an Institute manager.
Leveraging scientific and methodological approaches, the teams gathered and analysed salient data, and designed a set of practicable recommendations; these were supported by detailed action plans and an implementation timeline. The final report also included all the data and analyses that were part of the project proceedings, which the SMEs could refer to for their future plans.
Sometimes, one plus one is truly more than two. Want to know how the math is done? Come talk to us and together, we can explore the ideal formula for your success.
|A Better Match: Inter Great Employment Pte Ltd (Project Scope: Market Research & Strategies)|
|Inter Great Employment Pte Ltd, incorporated in Singapore in 2013, is an accredited employment agency providing a one-stop service for recruitment, manpower and foreign domestic worker (FDW) needs. Having differentiated itself through industry awards – it scored a coveted place in the Best of the Best Awards 2017 (Baby & Kids Products/Services category) in Singapore by Parents World magazine, a lifestyle and parenting portal, and also received the Singapore 500 Enterprise Award 2018 – the agency had also reported stellar growth over the last three years, with placement volumes increasing about 60% in 2018, and 90% in 2019. Read more|
|Make It Count: TYS Consultancy Pte Ltd (Project Scope: Business Strategies)|
|TYS Consultancy Pte Ltd, established in 1997, has been providing professional accountancy services to small and medium-sized enterprises (SMEs) for more than 20 years. As it has worked with clients from across industry segments, comprising companies at various stages of development, the firm has built up a range of capabilities to serve a wide spectrum of clients. Read more|