stay ahead of competition
“Companies are in the business to win, and should always plan to stay ahead of competition.”
Staying ahead of competitors is essential for companies striving to excel.
Despite seeming improbable to some, the absence of robust or non-existent competency structures can significantly hinder an organization's competitive edge.
Successful companies establish a strong foundation, with competency structure being a pivotal building block. Even the most innovative companies may craft powerful and forward-thinking strategies, but ultimately, it is PEOPLE who execute them. Strategies cannot exist in isolation; while they may be conceptualized and outlined by senior executives, their effectiveness relies on the workforce. What good is a brilliant strategy if your team cannot bring it to life?
INTERESTED IN APPLYING FOR THE EDG GRANT (ENTERPRISE DEVELOPMENT GRANT)?
The EDG for Human Capital Development (HCD) provides funding to support strategies aimed at attracting, developing, and retaining your workforce. Eligible activities include:
Compensation and benefits
Employee engagement and communication
Employee value propositions
HR management
International mobility
Job redesign
Training and development
Workforce planning
Organizational culture
Productivity management
Recruitment and selection
Talent management and succession planning
Employer branding
Employee retention
EDG offers support for up to 70% of qualified expenses for SMEs (up to 50% for non-SMEs) from April 1, 2022, to March 31, 2023. From April 1, 2023, the maximum support level will be up to 50% for all sectors.
Our Managing Director, Evelyn, is a Registered Management Consultant (RMC) with the Institute of Management Consultants (Singapore). SMEs applying for EDG support for consulting-related expenses must engage management consultants with recognized certification.