SMALL and Medium Enterprises (SMEs) will soon be able to track and measure their productivity more efficiently.
The Asia Competitiveness Institute (ACI) is developing an index to monitor a company's productivity and manpower management. It will be the first of its kind in Singapore, reported Channel New sAsia.
Through its 100 indicators, the index will point out weaknesses and problems in SMEs and help them improve.
The ACI is expected to sign agreements with several government agencies to develop the index in February.