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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM64027
Volume:
10 |
5 |
May 2026
Pages:
1-9
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Master of business administration
Rathinam technical campus
Master of business administration
Rathinam technical campus
In today's rapidly changing business environment, organizations must continuously evolve their Human Resource (HR) practices to remain competitive and adaptive to future workforce demands. The biotechnology sector, characterized by its dependence on skilled scientific and technical professionals, requires especially robust and forward-looking HR strategies. The present study titled "A Study on Future Readiness of HR Practices at Mycocrop Biologicals Pvt Ltd" aims to examine the existing HR practices at the organization and evaluate their alignment with modern and future-oriented HR frameworks. The study focuses on key HR dimensions including recruitment and selection, training and development, employee engagement, performance management, digital HR adoption, and overall future readiness. Primary data were collected from 45 employees of Mycocrop Biologicals Pvt Ltd using a structured questionnaire. Data were analysed using percentage analysis, graphical interpretation, Chi-Square test, and Pearson Correlation analysis. The findings reveal that the organization has established stable HR practices with a generally satisfied workforce, a positive workplace environment, and moderately effective training programs. Statistical analysis confirms a significant positive relationship between training effectiveness and employee engagement (r = +0.68), and a significant association between HR satisfaction and perceived future readiness (χ² = 10.65). However, the study identifies areas requiring strategic improvement, particularly in digital HR transformation, HR analytics, leadership development, and talent management. The study concludes that Mycocrop Biologicals Pvt Ltd is at a developing stage of HR maturity and possesses the foundational strengths required to become a future-ready organization. It recommends a structured roadmap encompassing digital HR adoption, continuous learning ecosystems, and strategic workforce planning to achieve long-term organizational competitiveness.
KEYWORDS
The present study examined the future readiness of HR practices at Mycocrop Biologicals Pvt Ltd, a biotechnology-based agricultural solutions company. Research was conducted using primary data from 45 employees and supported by an extensive review of contemporary literature from 2020 to 2025. The study concludes that the organization has established a stable HR foundation with positive workplace culture, reasonably effective training programs, and generally satisfied employees. Statistical findings confirm that training effectiveness positively influences employee engagement (r = +0.68) and that HR satisfaction significantly shapes perceptions of future readiness (χ² = 10.65), providing strong empirical justification for investing in HR quality. However, critical development areas remain, including digital HR transformation, HR analytics implementation, comprehensive talent management, and leadership development. The organization currently occupies a developing stage of HR maturity, transitioning from operational toward strategic HR. For a biotechnology organization, HR effectiveness is a fundamental driver of innovation capacity and talent competitiveness. Therefore, Mycocrop Biologicals Pvt Ltd possesses the foundational strengths required to become a future-ready organization. With sustained investment in digital HR systems, continuous learning, and strategic workforce planning, the organization can achieve long-term competitive advantage through its most valuable asset — its people.
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Publication Date
5/25/2026
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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