Human Capital Development as Propeller for Increased Organization Productivity

• Autorzy: Toheeb Akanbi Musliudeen
• Języki publikacji: EN

Abstrakty

EN

There is no doubt that nowadays organizations are striving for competency, prosperity cost reduction, good image. To attain this organization have to adopt emerging concept of Human Resource Management (HRM) and development Human capital development is theme of this study, which aims to boost organizational productivity. The days of applying general principles to business operations are long gone, and any company that continues to rely on trial and error will definitely be operating at a competitive disadvantage in this constantly evolving business environment indicating that in this fiercely competitive business environment, it will be difficult for the company to survive and compete favorably.Organizational must have a clear and firmly established plans and programs to help and encourage employee to acquire organizational learning capacity and to increase knowledge acquisition and preventing the deterioration of the employees skills and capacity , some special programs must be designed to train them both on the job and before the job based on their field of expertise. In this study we will give the reader a detailed study to overview how training affect human resources performance especially in organizations. Training is a very important practice that is taking place in every sector in the organizations. Therefore, in order to gain a competitive edge and improve overall organizational performance, business owners and policy makers must prioritize their organization's staffs by ensuring that they are trained and developed to better fit into the current demands on how operations should be carried out. Although investing in human capital entails an initial financial costs , the benefits that follow from doing so are indisputable. Therefore, it is suggested for business owners and decision-makers to spend money on developing their human resources. (original abstract)

Słowa kluczowe

EN

Development of human capital; Enterprise productivity; Human Resources Management (HRM)

PL

Rozwój kapitału ludzkiego; Produktywność przedsiębiorstwa; Zarządzanie zasobami ludzkimi

• Czasopismo: Management and Quality
• Rocznik: 2023
• Tom: 5
• Numer: nr 3
• Strony: 292--299

Twórcy

autor

Toheeb Akanbi Musliudeen

• University of Ibadan

Bibliografia

• Ahangar, R. G. (2011). The relationship between intellectual capitals and financial productivity: An empirical investigation in an Iranian company. African Journal of Business Management . 5(1), 88-95, 4
• Odhong, and J. Omolo, - EFFECT OF HUMAN CAPITAL INVESTMENT ON ORGANIZATIONAL PERFORMANCE OF PHARMACEUTICAL COMPANIES IN KENYA. Global Journal of Human Resource Management, 3(6), 1-29, November 2015
• Kola-Olusanya, - Embedding Environmental Sustainability Competencies in Human Capital Training and Development, Mediterranean. Journal of Social Sciences, 4(4), 65-71, 2013.
• Smith, - The wealth of nations. London: Dent and Dutton, 1910
• Bontis, N. and J. Fitzenz, 2002. "Intellectual Capital ROI: A current map to human capitalantecedents and consequences". Journal of Intellectual Capital, 3, pp. 223-247.
• F-Jardon and Gonzalez-Loureiro - Human Capital as Source for Sustained Competitive Advantage in SMEs: A Core Competencies Approach, Economia Seria Management, 16(2), 255-276, 2013.
• Ichniowski, K. Shaw and G. Prennushi, - The effects of human resource management practices on productivity. American Economic Review, 87 (3),291-313, 1997.
• Severine and S. Lila - An Introduction to the Human Development and Capability Approach. Freedom and Agency, London, Earthscan, 2009.
• C. Kudonoo and V. Tsedzah, - Human capital management: Taking human resources management to the next level in Anglophone, West Africa. International Journal of Management Science and Business Administration, 1 (6), 19-30, 2015.
• Dess, and J. Picken, - How Leading Companies Achieve Superior Performance by Leveraging Their Human Capital, American Management Association, Beyond Productivity, 2008.
• J. Pepra-Mensah - Training and Development; and Performance Improvement: Making a Case for Investment in Human Capital. IOSR Journal of Business and Management, 20(5), 1-6, 2018.
• M. A. Hitt, S. K. Bierman and P. Kochhhar - Direct and Moderating Effects of Human Capital on Strategy and Performance in Professional Service Firms: A Resource-Based Perspective. Academy of Management Journal, 44 (1), 13-28, 2001.
• Ndubisi N. O., 2005. "Effectiveness of Sales Promotional Tools in Malaysia: The Case of Low Involvement Products". Proceedings of the Academy of Marketing Studies 10, pp. 41-47.
• N. Hami, M. R. Muhamad and Z. Ebrahim, - The impact of sustainable manufacturing practices and innovation. Procedia CIRP, 26, 190 - 195, 2015.
• R. E. Polyhart and T. P. Moliterno - Emergence of The Human Capital Resource: A Multilevel Model. Academy of Management Review, 36(1), 127-150, 2011.
• Schultz, T.W., 1993. "The economic importance of human capital in modernization". Education Economics 1, pp. 13-19.
• Udu, A.A (2014), In-System Human Capital Development in Nigerian Universities: The Case of National Universities Commission on Doctoral Degree. EBSU Journal of Contemporary Management, 2, (1) 67-73.