Proceedings of the 6th Open Society Conference (OSC 2024)

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Navigating Disruption in Micro Businesses: Enhancing Talent Acquisition and Development Practices to Foster Innovation

Authors
Adisthy Shabrina Nurqamarani1, *, Sarah Fadilla1, Setyo Kuncoro1
1Universitas Terbuka, South Tangerang, Banten, 15437, Indonesia
*Corresponding author. Email: adisthy@ecampus.ut.ac.id
Corresponding Author
Adisthy Shabrina Nurqamarani
Available Online 25 December 2024.
DOI
10.2991/978-2-38476-340-5_15How to use a DOI?
Keywords
Innovation; talent acquisition; talent; development; talent reward
Abstract

Talent acquisition, development, and reward are critical components of human resource management, playing a major role in fostering innovation across business scales. In Indonesia, where over 99% of businesses are micro-small medium enterprises, they often face significant challenges in promoting innovation due to time constraints, lack of financial resources, and knowledge constraints in fostering innovation in their talent. However, in an era marked by disruption due to rapid technological advancement, fostering innovation is crucial for micro businesses to compete and sustain the market. This study highlights the significant impact of talent acquisition, development, and reward on driving innovation within these enterprises. The results show that talent acquisition and reward had a significant impact on talent innovation. It indicates the importance of having proper talent acquisition and reward to attract the right talent and make them retain, loyal, and contribute to the business. By having a strategic focus on talent acquisition and reward, micro-businesses may overcome challenges, optimize their capacity for innovation, and ensure long-term success in a competitive business environment.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 6th Open Society Conference (OSC 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
25 December 2024
ISBN
978-2-38476-340-5
ISSN
2352-5398
DOI
10.2991/978-2-38476-340-5_15How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Adisthy Shabrina Nurqamarani
AU  - Sarah Fadilla
AU  - Setyo Kuncoro
PY  - 2024
DA  - 2024/12/25
TI  - Navigating Disruption in Micro Businesses: Enhancing Talent Acquisition and Development Practices to Foster Innovation
BT  - Proceedings of the 6th Open Society Conference (OSC 2024)
PB  - Atlantis Press
SP  - 164
EP  - 174
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-340-5_15
DO  - 10.2991/978-2-38476-340-5_15
ID  - Nurqamarani2024
ER  -