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Showing posts from November, 2021

MBA - HRM Blog 8

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  Intrapreneurship innovation for the learning organization   What is Intrapreneurship?? It is a phenomenon that empowers the employees within an organization by valuing their ideas and converting them into a profit-making model in the business   (Prachi, 2019) . The employee as an intrapreneur has to create in ventures through market gaps utilizing the organization’s resources cost-effectively. The organization would stand the associated risks and the loss if the intrapreneur’s project failed but the intrapreneur must take only the calculated risks   (Bui & Baruch, 2010) . What is Learning Organization? Learning organizations are where the people in the organization continually expand their capacity to create the results that they desire. They always think on new and expansive patterns of thinking which people continually learn to see the whole together   (Senge, 2019) . Source:  (Ellagrin...

MBA - HRM Blog 7

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  Importance of Intrapreneurial mindset in an organization Intrapreneurship?? Intrapreneurship also known as corporate entrepreneurship in an existing organization. It was initiated by Susbauer in 1973 after understanding of the concept of entrepreneurship. As   (Rekha, et al., 2015) explain intrapreneurship is the entrepreneurship spirit of the employees working in established organization.   M indset?? Mindset is the way the brain and the mind of individuals accept processes, analyze or perceive and reasoning to the incoming information through the senses (Yunus, 2014) . (Source: Surbhi, 2017) Entrepreneurship Vs Intrapreneurship Table 1: Entrepreneurship Vs Intrapreneurship Entrepreneurship Intrapreneurship Intuitive approach Restorative approach Utilize own resources  Utilize resources from the company Independent Dependent on the company  Enterpri...

MBA - HRM Blog 6

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  Key Performance Indicators for Digital Recruitment Process   Introduction I t is crucial to have a skilled and capable workforce within any organization to achieve organizational goals and objectives. Thus, it is essential to recruit the right individuals to the right position at an effective cost. Accordingly, recruitment is a crucial function of HRM to ensure a capable workforce within organizations. Contemporary organizations tend to move beyond the traditional recruitment processes and they tend to digitalize the recruitment practices with the COVID 19 pandemic. However, most organizations become failures due to inabilities with establishing the most appropriate Key Performance Indicators (KPIs) for the recruitment process   (Ingersoll, 2020) . Digital Recruitment Digital recruitment activities are based on the different technologies to source, fascinate, evaluate, select and hire candidates for organizational positions. Caree websites, social media, Onli...

MBA - HRM Blog 5

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  Practical Application of Learning Curve for an Organization The Theory of Learning Curve O rganizational learning is a continuous process that impacts individual learning within the organization. Learning curve theory can be used to identify the changes of individual performance during their learning period. Accordingly, the learning curve is the visual depiction of the production efficiency of an organization during a certain period   (Anzanello & Fogliatto, 2011) . The learning curve emphasizes that there will be a preliminary period that the investment in learning will be larger than its return and the return will be greater than the investment with the time   (Dar-EL, 2013) . Pros and Cons of the Learning Curve for Organizations Pros Cons Help for the organizational strategic planning process to enhance employee performance. Merely depending on the learning curve to determine employee performance and improvemen...

MBA - HRM Blog 4

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  Organizational Commitment on Innovative Mindsets in an Organization   Introduction I n the contemporary business world, organizations are confronting huge market competition and they need to do constant changes to achieve competitive advantage. Then, organizations need to promote an innovative culture and innovative mindset within the workplace. Organizational commitment plays a vital role in promoting and maintaining an innovative workplace   (Agrawala, 2003) .   Organizational Commitment Commitment can be defined as the individual’s attachment and allegiance to an organization. It is the employees’ emotional addon towards their workplace   (Supartha, et al., 2018) . The victory of any organization depends on employees’ organizational commitment. The organizational commitment extends beyond the employees’ membership with the company and here, employees are intentionally willing to follow and accept organizational norms, beliefs, work practices to...