SMEs face a critical skills shortage that threatens their growth potential, with seven in ten SME business owners struggling to source and retain adequately skilled staff. The challenge is compounded by rapid technological advancement and evolving market demands that require entrepreneurs to master diverse competencies from financial management and digital marketing to operational efficiency and strategic planning. Traditional education systems often fail to address the practical, real-world skills that SME founders need to navigate complex business environments.
The skills gap has become a major barrier to SME competitiveness and scaling, particularly as businesses must adapt to digital transformation, changing consumer behaviors, and economic volatility. These programs are proving effective in enhancing entrepreneurial competence, improving business performance, and building the resilience needed for long-term sustainability in an increasingly competitive marketplace.
The panel will explore practical training approaches that address specific SME skill gaps, from basic business fundamentals to advanced digital capabilities and leadership development. Expect discussions on designing flexible learning programs that accommodate busy entrepreneurs, leveraging technology for scalable training delivery, and measuring the impact of upskilling on business outcomes.