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Business Unit Partnership for Employees
We Study In is a typical platform-based education technology company. It is the key to the survival and development of this type of company to form a large-scale volume in a relatively short period of time, as well as a relatively considerable thickness and potentials of research and innovation. The only way to achieve this object is to recruit talents, attract the top talents to join, and set a high enough career ceiling for them, as well as a sufficiently attractive upward path.
As "the WeLane Company" of "the WAIoS", We Study In's partnership and incubation mechanism are deeply rooted in the business thinking and corporate culture, and also embedded in the organisation structuring, management, product development and business model.Therefore, how to attract talents and stimulate their innovation and creativity through the most suitable tools and mechanisms to bring the most satisfying products to users is the core of We Study In's talent attraction and cultivation mechanism.
Innovation Incubation Mechanism
The incubation mechanism of We Study In includes endogenous incubation and exogenous incubation. Exogenous incubation refers to the establishment of a sound and efficient mechanism or system to help innovative partners to complete the application innovation to meet the needs of users' services.
Endogenous incubation is a project-based incubation mechanism set up for employees within the company, encouraging them to rely on internal resources and platforms for application innovation.
Intrapreneurship Mechanism
The innovation incubation is organised, operated, and profited according to a project-based approach.
We Study In has also set up an endogenous entrepreneurial mechanism for its employees: it provides them with the appropriate resources, helps them set up the entrepreneurial platform, forms the team, assists in the development of the product, and provides support services for market development and financing.
We Study In Talent Management Strategy and Model
As a typical platform-based educational technology company and the provider of AI solutions to business in educational sector, We Study In has introduced a unique Talent Management model and toolkit for technology-based enterprises developed by the "the WAIoS", including the Talents Management and the Talent Achievement Management to adapt to We Study In's unique corporate positioning and business model.
We Study In's Talent Management model is based on the two key words of "Partnership" and "Innovation". We have implemented a "Business Unit Partner" system for employees within the company and introduced "Innovation Incubation" and "Intrapreneurship" within the company. The introduction and implementation of these three mechanisms has greatly stimulated the initiative and innovation of the employees within the company and effectively unleashed the endogenous growth potential of the company.
Three Mechanisms of Talent Management in We Study In
Partnership for Employees
We Study In is a typical platform-based education technology company. It is the key to the survival and development of this type of company to form a large-scale volume in a relatively short period of time, as well as a relatively considerable thickness and potentials of research and innovation. The only way to achieve this object is to recruit talents, attract the top talents to join, and set a high enough career ceiling for them, as well as a sufficiently attractive upward path.
As "the WeLane Company" of "the WAIoS", We Study In's partnership and incubation mechanism are deeply rooted in the business thinking and corporate culture, and also embedded in the organisation structuring, management, product development and business model.
Therefore, how to attract talents and stimulate their innovation and creativity through the most suitable tools and mechanisms to bring the most satisfying products to users is the core of We Study In's talent attraction and cultivation mechanism.
Innovation Incubation Mechanism
As a strategic partner and "the WeLane Company" of "the WAIoS" in the EdTech sector, We Study In has implemented the incubation concept and mechanism as one of the cores of its business model in the organisation structuring, management and operation, product development and other aspects of the company.
We Study In has offered its partners a comprehensive and efficient application innovation incubation system, which integrates a series of products, applications and tools; and it can effectively help partners to develop new applications for end-users, or to upgrade and iterate on applications.
We Study In has offered its internal staff a set of operation manuals and rules for innovation incubation using a project-based approach. This mechanism can actively encourage employees to initiate new products innovation projects based on user needs, or upgrade and iterative products based on new changes of user needs; and then help employees to set up project teams, allocate appropriate resources for them, and assist them throughout the process of completing the products innovation or products upgrade projects, as well as the eventual realisation of project benefits.
Intrapreneurship Mechanism
We Study In applies a typical product development model in the ecosystem approach, with a product matrix consisting of platform-based products developed by We Study In and clusters of applications from partners. This product development and aggregation model is determined by the two cores of We Study In's business model (Partners as a Service and WSI Incubation).
WSI Incubation is a system to help We Study In's partners and internal staff incubate products innovations and start-ups based on an integration of mechanisms, products and applications.
In addition to setting up an endogenous (application) innovation incubation model for employees, We Study In also opens an endogenous entrepreneurial incubation platform to qualified employees. The incubation platform can help internal employees realize the following functions: assign corresponding resources to employees, help employees set up entrepreneurial platforms, form teams, assist in product development, and provide market expansion and financing supporting services.