One of the biggest challenges SME CEOs face is not the lack of new growth opportunities but rather, the lack of good business leaders across all levels who can lead their companies to seize these opportunities.
Singapore’s growth-oriented enterprises need to build their management team at a much faster rate. If the company faces difficulty in attracting and retaining good staff, its ability to enter new markets, develop new products, and seize new business opportunities, will also be hindered.
Recognising these needs, SPRING launched the
Business Leaders Initiative to help groom SME bosses, build management depth and develop a strong pipeline of future business leaders for SMEs in Singapore.
The
Business Leaders Initiative is a comprehensive effort to develop SME business leaders, both present and future.
The
Advanced Management Programme (AMP) focuses on training SME business owners, CEOs and senior executives through customised management and leadership courses.
The
Management Development Scholarship (MDS) grooms promising young SME executives by co-sponsoring their MBA programmes with their employers.
To develop future business leaders, the
Executive Development Scholarship (EDS) provides local under-graduates who are passionate about setting up their own businesses or working in SMEs with full sponsorship of their studies and work attachments in local SMEs and SPRING.