Awele Ojogwu, the Head of Learning and Development at MacTay, has identified structural defects as a significant hindrance to the growth of small and medium-scale enterprises (SMEs) in Nigeria. Despite being the backbone of the economy, SMEs face numerous challenges, including high failure rates, limited access to capital, and technological barriers.
Ojogwu emphasized the importance of aligning organizational processes with the dynamic business environment to enhance growth, competitiveness, and sustainability. She highlighted the need for SMEs to address workforce adaptability and implement cohesive business processes to gain a competitive edge.
Drawing from her experience working with leading organizations, Ojogwu noted that many SMEs lack specialized HR expertise internally, particularly in areas such as goal setting, team coaching, change management, and digital transformation. This skills gap poses a challenge for SMEs seeking to implement changes and scale up their operations.
By focusing on internal restructuring and strategic realignment of HR processes, MacTay has emerged as a trusted partner for SMEs across various industries. Through professional workplace structures and streamlined business processes, SMEs can better adapt to market dynamics and seize growth opportunities.
Ojogwu expressed optimism about SMEs overcoming daunting failure statistics by embracing business process transformation. She emphasized the importance of having the right partner, like MacTay, to implement robust HR process transformation regardless of company size. With strategic initiatives in place, SME leaders can navigate challenges and position their organizations for long-term success.
