#Organisational Development & Change

[martinstieger-blog]

Online in Paris studieren!

Hoch interessant für alle Absolventen/-innen von Meister- oder Befähigungsprüfungen! Das IFU Institut für Unternehmensführung bietet in Kooperation mit der ppa Pôle Paris Alternance „La Grande École de Commerce et de Management“ berufsorientierte, branchenbezogene Masterprogramme an. In den Online Master Programmen behandeln Sie unter optimaler Zeitausnutzung alle relevanten…

[jordanianroyals]

15 May 2024: King Abdullah II and Crown Prince Hussein attended the main strategy session of the Regional Ocean Summit, held at the King Hussein bin Talal Convention Centre at the Dead Sea.

Jordan is hosting the first regional edition of the World Ocean Summit, organised by the Economist Impact, in cooperation with the Aqaba Marine Park (AMP) initiative, the government, and the Jordan Tourism Board.

The summit brings together over 200 participants from around the world, including politicians, officials, businesspeople, investors, experts, and academics, to exchange expertise on means of finding balance between protecting the ocean and fostering sustainable economic growth.

Prime Minister Bisher Khasawneh said at the session that green growth is key to Jordan’s Economic Modernisation Vision, noting that topics discussed in the summit highlight Jordan as a distinguished destination for future businesses, due to its talented youth, strategic location, robust infrastructure, and commitment to sustainability.   Khasawneh added that the AMP will become a hub for scientific research cooperation to preserve oceans and marine life in Aqaba and the world, by providing innovative solutions to mitigate climate change impact on coral reefs and biodiversity.   For his part, UN Secretary-General’s Special Envoy for the Ocean Peter Thomson warned in a recorded message of the dangers of the continuation of rising temperatures, which negatively affects marine life in oceans and humanity at large, ultimately making the planet uninhabitable.   He commended Jordan’s efforts, under His Majesty’s leadership, to launch the AMP, an embodiment of the Kingdom’s commitment to working towards achieving one of the key sustainable development goals to protect marine life and oceans.   Due to the Gulf of Aqaba’s strategic location, the AMP includes over 200 species of coral reefs, according to Thomson, who noted that 25 per cent of biodiversity in oceans depends on coral reefs, which underscores the need for their preservation.   In another recorded message, Prince Albert II of Monaco said Jordan has been a model in the region and the world for its contributions to environmental preservation, noting that the AMP is an example of Jordan’s commitment to the sustainable management of resources, despite regional challenges.   Prince Albert added that crises and conflicts around the world may make some believe that protecting nature is not a priority, while in fact environmental degradation only exacerbates adversity, stressing the need to preserve resources for future generations, by creating protected areas like the AMP.   In a panel discussion held during the session, Ray Dalio, co-founder of OceanX, spoke about the King’s efforts in bringing to light issues related to oceans and biodiversity protection.   Both Thomson and Prince Albert II expressed best wishes to His Majesty on the occasion of the Silver Jubilee.   The three-day summit, which kicked off on Tuesday, addresses timely and pressing topics, including climate change mitigation, marine conservation, blue economy initiatives, and ground-breaking advancements in ocean-related technologies.   Director of the Office of His Majesty Jafar Hassan, and a number of ministers and officials attended the session.

[delicatestudentanchor]

Choosing The Right HRMS For Your SME: Customisation vs. Pre-Built Features

Small and medium-sized businesses can greatly benefit from automating their HR operations and focusing more on important tasks. Time is valuable in SMEs, and the introduction of the Human Resource Management System (HRMS) helps them improve time efficiency and profit margins.

However, when picking an HRMS that meets their specific demands and limits, SMEs frequently have to decide between customisation and off-the-shelf options. In this blog, we will talk about the benefits and drawbacks of customisation versus pre-built (pre-built) choices, along with offering suggestions for selecting the best HRMS for your small to medium-sized business.

Understanding Pre-Build Features

Pre-configured with common features and setups, pre-built solutions cater to a wide range of company requirements. These solutions are good for SME HRMS with simple HR requirements or little resources for customisation because they are usually easy to install and require little modification. While pre-built solutions are convenient and economical, they might not be adaptable enough to meet changing demands or special business processes.

Understanding Customisation

In the context of HR software for small and medium businesses, customisation is adjusting the features and functionalities of the system to satisfy their unique business needs.  Workflows, reports, data fields, and user interfaces can all be customised to the particular procedures and preferences of the company. Customisation gives SMEs more flexibility and control over their HRMS, enabling them to solve particular problems and maximise productivity through workflow optimisation.

Evaluating the Needs of SME

SMEs must carefully evaluate their HRMS requirements and business objectives before choosing between customised and pre-built solutions. Considerations might include:

Size of the business

Sector it operates in

Budget

Growth expectations

HR procedures currently in place.

The degree of customisation needed to solve particular problems or gain competitive advantages should also be taken into account by SMEs. SMEs can choose the HRMS solution that best fits their objectives and available resources by being aware of their particular requirements.

Pros and Cons

Customisation

Benefits

Tailored to meet different business needs.

Ability to adjust with flexibility to changing needs.

Possibility of gaining a competitive edge through uniqueness.

Drawbacks

Longer installation period and slightly higher cost

Problems with maintenance and reliance on outside knowledge.

Danger of excessive personalisation resulting in intricacy or ineffectiveness.

Pre-Built Solutions

Benefits 

Faster implementation and cheaper start-up costs.

Very little technical knowledge is required.

Frequent updates and assistance from suppliers.

Drawbacks

Restricted ability to adapt to certain requirements or procedures.

Possibility of spending too much on extra features.

Scaling up or down to meet changing needs or corporate growth is difficult.

Framework for Making Decisions

SMEs can use the following decision-making framework to help them select the best HRMS solution:

Clearly define the requirements for the HRMS based on the size, industry, and particular needs of the firm.

Examine your options by contrasting custom and pre-built options while taking into account aspects like cost, scalability, functionality, and vendor reputation.

Establish the organisation's ability to customise, taking into account resources including money, time, and IT know-how.

Make sure the HRMS system you select can expand with your company by projecting future requirements and development possibilities.

To obtain information and suggestions, speak with HRMS suppliers, business leaders, and other SMEs.

Conclusion

For SMEs, selecting the best HRMS system is essential since it affects production, efficiency, and employee happiness. pre-built solutions are practical and economical, while customisation enables flexibility and customised solutions. The HRMS solution that best suits SMEs' needs can be found by carefully evaluating their demands, resources, and long-term goals in order to navigate the customised versus pre-built debate. To enable efficient HR operations and long-term business success, it is crucial to guarantee alignment with the organisation's goals and priorities, regardless of customisation or pre-built choices.

If you are looking for SME HRMS software for your business, you can check out Opportune HR. They are a two-time award-winning HRMS company known for their tailor-made software for small and medium-sized enterprises. Along with their SME HRMS software, you can also check out their SME payroll software. Visit their website to learn more about their services.