By Neil King
Founder of Aramex says finding skilled human resources is the toughest challenge for the region’s new businesses
Fadi Ghandour, the founder and vice chairman of Aramex, has said that finding talented human resources that possess the necessary skills, is the biggest problem facing start-ups in the Middle East.
Addressing an investment matchmaking event in Jordan, Ghandour added that the second most pressing challenge is knowing how to take your businesses to other countries.
The event, which aimed to bring together investors and entrepreneurs, featured numerous other ICT experts, who emphasised the importance of perseverance, and urged attendees not to be afraid of failure.
Ali Karabey, managing director of 212 Limited, said: “Middle East entrepreneurs need to understand that success and failure are very normal. The life of start-ups is not easy.
“It is important to support small and medium sized projects in the region because they will have a tough time in the upcoming stage in light of the current economic conditions. For start-ups, they will not grow if they do not think globally, especially in the ICT industry.”
Finding the right talent is a sentiment echoed by many business leaders in the region, fortunately there are sucessful solutions though, if you know where to look.
Finding people who can actually perform is an essential requirement for any business in any location. Since SME owners will only be as good as the people around them, it is a shame that so many will fail, not because of poor financial resources but because of poor human resources. Too often, people believe that throwing money at the problem is the best solution. But if I were investing / financially supporting an SME, I am going to first ensure that the OWNER has the leadership and managerial â€œtalentâ€ necessary to be successful. We all know that people come and go on the basis of management. So a great idea or product in the hands of an inadequate SME owner is doomed to be lost, along with the initial private or public sector funding, as the truly capable human resources look for other more attractive managers to work with. If you are not finding â€œtalentâ€, the first place to look is in the mirror.