Intrapreneurship: A Challenge for the HR Function

Abstract

Intrapreneurship is a powerful source for change and innovation, nurturing creativity and a constant search for new solutions to all kinds of problems that organization face regularly. Intrapreneurs keep large companies to be competitive in the market. As a result of increased global competition, organizations have been forced to rethink, how they produce and deliver products and services. It is the necessity of large companies worldwide to create organizational cultures, conditions, and processes that facilitate innovation and enable large numbers of employees to move from an ‘employee mindset’ to an ‘intrapreneur mindset.’ Based on extant Literature the present paper describes about the HR practices that nurture the intrapreneurship in the organizations as well as challenges of HR practices while implementing. In the present scenario, Human resource challenges include not only how retaining the proper employees but also motivating them to perform. Discussion and implications for further research are provided.