Innovation is instrumental for the all-round progress of an organization. It embraces invention and reinvention in all spheres of life. Through innovations, survival and dynamic continuity can be assured with high certainty, says Rao. Innovation is the key to progress, development, and sound governance and public administration. Innovation is also the key to invention and reinvention in all spheres of life, society, science, technology, and administration. Through innovations, inventions, and reinvention, survival and dynamic continuity can be assured with high certainty, though the latter is subject to various environmental contingencies.
Through innovations, environmental contingencies can be tamed, predicted to a degree and anticipative strategies can be utilized toward achieving the goals of effective visions. In the case of strategic HRM, anticipative capacity building is essential to prepare and develop domestic and international cadres of strategic personnel for all sectorspublic, non-profit, and profit. Innovation is also the key to learning organizations with learning leadership capacity that must lead and manage those organizations for high-performance and productivity. As noted earlier, in our treatment of the subject, the idea of strategic innovation in Human Resource Management (HRM) is used interchangeably with the phrase innovation in strategic HRM capacity building and development. |