Wednesday, June 17, 2009

Intellectual Assets of a firm

The intellectual assets of a firm consist of R&D, patents and trademarks, human resources and capabilities,organisational competencies and “relational capital"

Innovation: Why

1 percentage point increase in aggregate innovation spending was associated with an increase of 0.85 percentage points in the probability of being a successful innovator and an increase of 0.7 percentage points in the share of new products in turnover.

Sunday, June 14, 2009

Strategic HR and stay interviews

An indepth examination of stay nterviews has thrown up the revelation that stay interviews are a strategic HR tool.Strategic HR is basically transformational HR.It consists of the ways and means through which HR can enable the organization to create a competitive advantage. 
One of the tools of strategic HR is appreciative inquiry.
Appreciative inquiry is embedded into multiple Strategic HR interventions.
One of these nterventions is ,"Stay interviews".
Stay interviews can be a principal source for organization design and the redesigning of organizational policies.