Modern innovative HRM practices and organizational effectiveness: the mediating role of innovative culture in Nigerian healthcare sector
The modern innovative practices have transformed the ways organizations conduct businesses; as organizations faced competition from all front. The study examines modern innovative HRM practices and organizational effectiveness (OE) in the healthcare sector of Nigeria. The study identified five objectives and five hypotheses were formulated. A sample size of 350 employees comprised of employees of eleven pharmaceutical companies in Nigeria. To achieve the study objectives, a structured questionnaire was developed and administered in a survey to respondents. The descriptive statistics of simple frequency count, percentage, mean and standard deviation were used for descriptive statistics of respondents. To test the hypotheses formulated, hypotheses 1-4 were tested using multiple regression, while hypothesis 5 was tested using the structural equation model (SEM). The findings highlights that all modern innovative HRM practices has strong and significant positive effect on OE with effective hiring process (β = 5.33 > p-value = 0.000) and human resource technology (β = 5.48 > p-value = 0.000) being highly influenced by organizational effectiveness. The study concludes that modern innovative practices provide a higher level of organizational effectiveness.
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