Business – 2.1 HRM – Training and development | e-Consult
2.1 HRM – Training and development (1 questions)
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The programme can be organised into four sequential stages:
- Discovery & Ideation
- Kick‑off seminar on intrapreneurship principles.
- Idea‑generation hackathon lasting 48 hours.
- Submission of concept briefs evaluated by a cross‑functional panel.
- Skill Development
- Targeted workshops on design thinking, lean start‑up, and financial modelling.
- Pairing each team with an internal mentor from R&D or product management.
- Incubation & Pilot
- Allocation of a modest budget (e.g., £10,000 per team) and dedicated “innovation space”.
- Monthly progress reviews with senior leadership.
- Prototype testing with a sample of customers or internal users.
- Scale‑Up & Review
- Decision gate: continue, pivot, or terminate based on predefined KPIs (market validation, ROI forecast, resource fit).
- Successful projects receive further investment and integration into the product roadmap.
- Formal recognition ceremony and reflection workshop to capture learning.
Evaluation criteria should include:
- Number of viable ideas generated per cohort.
- Employee participation rate and diversity of departments represented.
- Time from concept to prototype (speed of execution).
- Quantifiable business impact (revenue potential, cost savings, market share).
- Post‑programme employee satisfaction and perceived skill growth.
By following these stages and measuring the outlined criteria, the firm can systematically nurture intrapreneurial talent and translate employee ideas into commercial value.