Efficacies of HR Innovations:A study on innovative HRM approach to achieve organizational success

This study explores the innovative approaches to Human Resource Management (HRM) for enhancing organizational success, focusing on employee engagement, retention, and productivity. Using statistical tools like ANOVA, Chi-square, and correlation, the research evaluates HR practices implemented at Askan Technologies, including recognition programs, well-being initiatives, and adoption of new technologies. Findings suggest that innovative HR strategies such as flexibility in policies, training on emerging technologies, and tailored employee engagement programs significantly impact employee morale, retention, and organizational performance. Despite these successes, challenges like skill development gaps, limited AI proficiency, and concerns about data privacy remain. Recommendations include fostering an adaptable workforce through personalized AI tools, leadership development, and transparent practices to build a sustainable and employee-centric organizational culture.

Authors

Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-12-28
DOI
https://doi.org/10.36948/ijfmr.2024.v06i06.33675
Citations
2
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
1.42
Controls
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article

Efficacies of HR Innovations:A study on innovative HRM approach to achieve organizational success

S. Pougajendy -, Mohamed Asarudeen J
2 citations
International Journal For Multidisciplinary Research
Business and Economic Development
1.42
article

Efficacies of HR Innovations:A study on innovative HRM approach to achieve organizational success

S. Pougajendy -, Mohamed Asarudeen J
article en
2 citations

Abstract

This study explores the innovative approaches to Human Resource Management (HRM) for enhancing organizational success, focusing on employee engagement, retention, and productivity. Using statistical tools like ANOVA, Chi-square, and correlation, the research evaluates HR practices implemented at Askan Technologies, including recognition programs, well-being initiatives, and adoption of new technologies. Findings suggest that innovative HR strategies such as flexibility in policies, training on emerging technologies, and tailored employee engagement programs significantly impact employee morale, retention, and organizational performance. Despite these successes, challenges like skill development gaps, limited AI proficiency, and concerns about data privacy remain. Recommendations include fostering an adaptable workforce through personalized AI tools, leadership development, and transparent practices to build a sustainable and employee-centric organizational culture.

International Journal For Multidisciplinary ResearchVol. 6(6)
Decent work and economic growth
Openalex Percentile: Top 13%
Business and Economic Development
1.42
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