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

Author(s)	Madhumitha.J, Pougajendy. S
Country	India
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.
Keywords	Employee retention, Employee engagement, Career development,
Field	Business Administration
Published In	Volume 6, Issue 6, November-December 2024
Published On	2024-12-28
DOI	https://doi.org/10.36948/ijfmr.2024.v06i06.33675
Short DOI	https://doi.org/g82gjp

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International Journal For Multidisciplinary Research