Ways to Enhance Human Capital Development

Asian Detours is proud to be one of the appointed Consultants under the SPRING-HPB Capability Development Grant project. With effect from 1st October 2016, companies may apply for the Grant for projects that build sustainable strategies for employee engagement. This Grant is launched with the aim to aid more SMEs in building business capabilities by improving the psychological well-being of the employees.

Click here to access more details on the CDG Grant (Human Capability Development).

Qualifying applicants of the Grant can defray UP TO 70% of qualifying project costs on the following:

• Assessment of company’s employee engagement profile
• Gaps identification and creation of employee engagement and mental wellbeing solutions
• Coaching of company leaders on effective implementation of engagement and wellbeing programmers at the workplace
• Evaluation of interventions

In any company there are chances of conflicts among them that further leads to loss, so there are a few suggestions for managers to consider before things turn out sour. Here is a list of ways:

Capability Development Grant (Human Capital Development) for SMEs

Steps taken to build and strengthen the team include:

• Review of business progress and direction
• Professional performance management
• Establishing staff training and development
• Personal performance evaluation and incentives

It is important that they should share their ideas and experiences with each other so that it can be used for goodness of business. A company must conduct some adventure trips or tours that create an environment to come close to each other in amazing environment. Discussions and chats may overcome those distances and bring out some innovative ideas.

• Team brings success to any company and therefore it is a great idea to build bond and strengthen them with some team development ideas and games. Yes, conduct such games in which team support plays an essential role. This is another way to development of human capital development in an organization.
• Conduct performance test and judge who can work well in pressure and who cannot. This will help in finding the most useful resources for your company.
• Providing incentives on good performance can enhance their enthusiasm and they can work more well than before with an objective to attain incentives.
• Young minds do more well for any company as they have sharp minds and new ideas as per scenario. So, enhance those young minds and let them come up with new ideas. This is all possible only when you will convince them that they are at the best place in world where they can enhance themselves personally and professionally. Conduct those programs which are integrated with a learning framework and emphasise on achieving goals. There are companies that conduct both indoor and outdoor activities, which relates to your business and also render benefits to those young minds.

In addition, conduct expeditions, adventure camps and more that will surely be fruitful to you and your human capital development.