| Abstrakt: |
In the evolving startup landscape, formal human resource (HR) processes may be perceived as slowing down decision-making and adding unnecessary costs. By reimagining competencies and aligning with the different stages of startup’s journey, HR can become a valuable business partner. Different stages of a startup are explained by conceptualising a framework ‘SCIENT’; each letter of this framework represents a distinct phase, namely Solution to a problem, Customer Value Proposition, Investors, Ecosystem, Novelty and Team. At each of these phases, the pivotal role played by HR in facilitating diverse perspectives, learning from failures, promoting diversity and culture of innovation, and adopting digital solutions for talent management are discussed. The article concludes by emphasising the dynamic and unique nature of these issues, calling for a reimagined role of HR in ensuring the success of startups. |
