Cultivating Entrepreneurial Mindsets in Corporate Settings: The Strategic Role of HR in Promoting Intrapreneurship, Innovation, and Organizational Agility
Abstract
This paper has discussed the strategic value of human resources (HR) in fostering presence of intrapreneurship, innovation and organizational agility in the corporate environment. The study was conducted using a mixed-methods approach and focused on the use of both open-ended surveys that provided numerical data related to 300 employees, 22 semi-structured interviews with HR professionals and intrapreneurial employees working in large organizations of different industries in Pakistan.The quantitative analysis provided substantial positive correlations among the HR support of innovation, intrapreneurial behavior, and the organizational agility being established by structural equation modeling. The qualitative results also pointed to the necessity of having leadership support, psychological safety, flexible working patterns and culturally open environment as a means towards allowing the employees to be able to participate in innovative and entrepreneurial practices. The synthesis of the quantitative and qualitative findings brought out the fact that the strategic HR practices do not only promote entrepreneurial activity at an individual level, but also act as fundamental tools to increase the level of responsiveness of an organization in the long term perspectives. This paper highlights how HR should exceed ordinary administrative functions, and become a strategic partner in encouraging innovation and agility. The findings also have practical implications in terms of redesign of reward system, the leadership development program with modules on transformational and servant leadership styles and the alignment of performance evaluations to objectives of innovation driven organizations.
Keywords: Agility, Corporate Innovation, Human Resource Practices, Intrapreneurship, Organizational Culture, Strategic HRM