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05 July-September 2023, Volume 38 Issue 4
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Abstract
Abstract:
The Information Technology industry, marked by its rapid evolution and diverse talent pool, has become a focal point for fostering innovation and intrapreneurial spirit. However, this pursuit is often hindered by the prevalence of siloed environments within organizations. This study investigates the intricate interplay between innovation, intrapreneurship, and silo mentality, with a specific focus on millennials, the dominant demographic in the IT workforce. Through a comprehensive analysis of organizational dynamics, communication channels, and collaborative practices, this research sheds light on the challenges and opportunities of driving innovation in siloed IT environments. By examining the role of innovation and intrapreneurship as a potential catalyst for breaking down silos, this study offers practical insights for organizations seeking to harness the full creative potential of their millennial workforce. Using descriptive mean analyses and correlational hypotheses tests, the results proved insightful in understanding current context within the IT industry of Sri Lanka. In terms of silo mentality, while collaboration efforts were appreciated, challenges existed, especially in knowledge sharing between departments. The study identified a strong enthusiasm for innovation, with employees valuing practical support from peers; however, a gap in consistent problem-solving methods was evident. In the realm of intrapreneurship, employees displayed proactive attitudes toward organizational improvement but faced obstacles in influencing crucial management decisions. Noteworthy findings of the study elucidated significant relationship between construct of silo mentality, innovation, and intrapreneurship. Addressing these nuanced challenges is essential for fostering a collaborative, innovative, and empowered workforce. These findings serve as a vital foundation for future explorations, delving into the underlying factors such as organizational culture, leadership styles, and communication practices, particularly within the unique context of the IT industry in Sri Lanka.
Keyword
Silo Mentality, Innovation, Intrapreneurship, Millennials
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