Saturday 6 April 2019

Innovation and Human Resource Management .

What is Human resource? what is Resource? Resource is source or supply from which a benefit is produced . Typically resources are Materials , Energy , Services , Staff, Knowledge or other assets.
Human resource is something special. People inside the company we namely employees. Human Resource Management also known as Human capital Management.
Human Resource Management is the practice of Recruiting, Hiring , Deploying and Managing an organizations employees. HR department is usually responsible for Creating , Putting in to effect and overseeing policies governing workers and the relationship of organization with its employees.

Innovation is the most spirited aspect in the modern business environment which helps a firm to gain a competitive advantage over other firms.
" Firms with greater Inattentiveness    could be more successful in responding to changing environment and developing new capabilities that allow them to achieve better performances"
(Chen , 2009)

Innovation is really mega trend that determine business and world. So-many companies said 80% of their revenue is done with products were invented in the last few years.  Engineers , people and production they have to change their mind , They have to work with different products for innovations.  Training process and Reward systems have an impact on Innovation .
                Figure 01. Innovations in Telecommunication Industry   

"Organizational culture is one of  the main drive force of innovation .HR practices could support the enhancement of the corporate culture to be more innovative and scholars identified organizational culture and climate, individual characteristics and support systems are the main factors in work place". (Tarun, 2009)

References

Chen ,C-J 2009 . Strategic human resource practices and innovation performance.
volume 62. PP 104-114

Tarun , N , 2009 .  Determinants of creativity and innovation in the workplace
9 (1) PP 84-106




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