INNOVATIVE HUMAN RESOURCE PRACTICES AND PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN UYO METROPOLIS
Abstract
This study focused innovative Human Resource practices and performance of small and medium enterprises in Uyo metropolis. The specific aim of the study was to examine the relationship between innovation HR practices and performance of small and medium enterprises in Uyo metropolis. Methodologically, the researcher adopted survey research design. The population of the study was (375l) small scale enterprise duly registered by the Corporate Affairs Commission (CAC) board as at the time of this study, 2023. The sample size of 361 using Taro Yamane statistical formula to derive from the population. Structured questionnaire was used to collect data from respondents. Pearson Product Moment Correlation was utilized to test the hypotheses. Findings from the study revealed that there is a significance relationship between learning and development=.777, PV=000, talent management=.589, PV=000andflexiblework arrangeme = .719, PV=000 and performance of small and medium enterprises in Uyo metropolis. In line with the findings, the researcher concluded that Innovative HR practices can significantly benefit Small and Medium Enterprises (SMEs) by addressing specific challenges they often face. Innovative HR technologies can streamline the recruitment process for SMEs by using digital platforms for job postings, applicant tracking, and video interviews. The researcher recommended that Well-designed training programs contribute to improved employee performance. Employees who receive relevant training are more likely to excel in their roles, leading to increased productivity and efficiency. L&D programs help employees acquire new skills and enhance existing ones, ensuring that the workforce remains competent and adaptable in a rapidly changing business environment.
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