IMPACT OF INTRAPRENEURSHIP ON ORGANIZATIONAL PERFORMANCE WITH REFERENCE TO TEXTILE INDUSTRY IN TIRUPUR, INDIA

In the context of environmental uncertainty and competition, organizations are trying to find new ways to improve their performance. Every organization strives for growth and development. The development of novelties based on innovative practices is the success point for many organizations. The intrapreneurial behavior of employees in any organization has become strategic importance for its Performance. Intrapreneurship and organizational structure are important factors for organizations to improve the innovation performance. According to Antoncic & Hisrich (2001) Intrapreneurship is the entrepreneurship in organizations. Entrepreneurial activity provides prerequisites for that growth and development of the organization. This study is aimed to investigate the intrapreneurial activities followed in the textile industry in Tirupur district. The study also explored the impact of intrepreneurship on the performance of employees and the growth and development of the organization at large and discovers its impact on job satisfaction of employees. The data was collected from 120 employees of textile industry in Tirupur using convenient sampling methods and analyzed using statistical tools like Correlation coefficient, t-test, ANNOVA test and Percentage analysis. It was found that intrapreneurial support activities like employee engagement and skill recognition existed in the organization and innovative support activity and training for innovation was not much prevalent. The study result showed that the respondents perceived that by strengthening intrapreneurship activities in the organization, would improve the job satisfaction level of employees and enhance their performance which leads to the growth and development of the organization at large.