HR and the Innovation Process
Five ways in which HR can influence innovation
One of key values which enable a company or product to stay ahead in the market is innovation. Innovation is vital for not only differentiating products and services in the market, but it also a catalyst for true culture of value creation in any organization. How could HR pitch in to drive Innovation? Some ways in which HR processes could drive innovation is described below.
Rewards & Recogniti
Once a Client Director won a deal of $2 billion from one of the European client. His team was all excited to work towards a plan in setting up a project team which can match the client expectations and help the company make more profits. But soon they realized that they would be unable to do so without – right people.
This scenario is common to any business that we may operate in. What we fall back on, is setting the right WORKFORCE STRATEGY that has been every CEO s concern since past few