HRM and Entrepreneurship - Chapter 12

HRM and Entrepreneurship - Chapter 12

HRM and Entrepreneurship Chapter 12 Work Environment Nature of HRM Core Dimensions of a HRM System Expectancy Model for Entrepreneurial Behavior Creative Approaches that Reward Entrepreneurial Performance Principles to Encourage Entrepreneurship Work Environment

Fundamental level of analysis is the individual Refers to context or surroundings an employee finds when he/she comes to the job each day Set of conditions under which to operate Management must help employees understand: The entrepreneurial behavior desired by the organization Their own innate ability to act entrepreneurially The incentives for acting entrepreneurially as well as

the penalties for failing to do so Nature of HRM Personnel vs Human Resources Set of Tasks that include: Acquiring Training Developing Motivating Organizing Maintaining

Core Dimensions of HRM Linkage between HRM practices and Entrepreneurship Figure 12.1 Five Categories Job Planning and Design Recruitment and Selection Training and Development Employee Performance Evaluation

Compensation and Rewards Expectancy Model for Entrepreneurial Behavior Entrepreneurial Motivation Expectancy Model Be innovative

Take calculated risks Be proactive Effort Performance Evaluation Rewards Figure 12.2 Based on linkages 15 reasons employee might not be motivated to act entrepreneurially Creative Approaches to Reward Entrepreneurial Performance

Table 12.4 Rewards vs Awards Clearly establish link between behaviors desired and a given reward/award Principles that Encourage Entrepreneurship Kanter Model Table 12.5 Must fit the organization

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