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Abstract
The study examine the relationship between Human Capital Planning and Organizational survival in selected Commercials Bank in Port Harcourt. The population is made up of 150 employees from selected commercial banks in Port Harcourt, Rivers State as follows: Union Bank = 50, Fidelity Bank = 50 and Zenith Bank = 50. The Yaro Yemen’s formula was used to determine the sample size of 120. A self-design questionnaire was used for data collection from respondents. The simple percentage was used to analyze the response. The Chi-Square statistical tool was used to test the hypotheses. Findings reveals that there is a significant relationship between Human Capital Planning and Organizational survival in selected Commercials Bank in Port Harcourt. Based on the findings of the study summary conclusion and recommendations were made that Planners and managers of human capital in both public and private sector in Nigeria should be educated and trained in scientific human capital planning with the aim of replacing the guest work and in function currently in use and Managers and planners of human capital should make deliberate efforts to study the opportunities and threats imbedded incorporating such finding in their human capital plans.
Table of Contents
Certification iii
Abstract vi
List of Tables ix
List of Figures x
CHAPTER 1 1
INTRODUCTION 1
1.1 Background of the Study 1
1.2 Statement of the Problem 2
1.3 Objectives of the Study 3
1.4 Research Question 3
1.5 Significance of the Study 4
1.7 Scope of the Study 4
1.8 Definition of Terms 5
CHAPTER 2 7
LITERATURE REVIEW 7
2.1 Conceptual Framework 7
2.1.1 Concept of Human Capital Planning 7
2.1.2Dimensions of Human Capital Planning 9
2.1.3 Concept of Organizational Survival 9
2.1.4 Measures of Organizational Survival 10
2.2 Theoretical Framework 12
2.2.1 Human Capital Theory 13
2.3 Empirical Framework 14
CHAPTER 3 17
RESEARCH METHODOLOGY 17
3.1 Research Design 17
3.2 Population of the Study 18
3.3 Sample and Sampling Techniques 19
3.4 Source and Method of Data Collection 21
3.5 Data Analytical Method 22
CHAPTER 4 23
DATA PRESENTATION AND ANALYSIS 23
4.1 Data Collection and Presentation 23
4.2 Data Analysis 24
4.4 Discussion of Findings 27
CHAPTER 5 29
SUMMARYS, CONCLUSIONS AND RECOMMENDATIONS 29
5.1 Summary 29
5.2 Conclusion 29
From our findings, we concluded as follows; 29
5.3 Recommendation 30
References 31
Appendix I 35
Appendix II 36
List of Tables
Table 4.1 Questionnaires administration and retrieval 23
Table 4.2: show age bracket of respondents 24
Table 4.3: show sex of respondents 24
Table 4.4: Academic qualification 24
Table 4.5: Marital status 25
Table 4.6: Scenario planning and organizational survival in some selected Commercial Bank in Port Harcourt. 25
Table 4.7: Demand forecasting and organizational survival in some selected Commercial Bank in Port Harcourt. 26
Table 4.8: Supply forecast and organizational survival in some selected Commercial Bank in Port Harcourt. 26
List of Figures
Fig. 2.1: A Conceptual Framework on Human Capital Planning and Organizational Survival 7
CHAPTER 1
INTRODUCTION
1.1 Background of the Study
Maintaining a place in this competitive era becomes not only the responsibility of the owners or leaders of the organization but that of the employees (Oke, and Olughor, 2014).Organizational survival has been the primary goal or objective of every organization (Adewale, Abolaji and Kolade, 2011). Survival is very crucial at this period of business turbulence. Organizations strive for survival and continuity, while seeking relevance and key positions in the industry.
Jones and Bartlet (2008), posit that survival and growth of organizations are contained in its goals which require energy and resources investment. From the observation, survival concept is an unwritten law of every organization and when organizations survived, without doubt, there will be available goods and services and the organization will be in continue operations, and Gross (1968), adds that survival should be an expedient factor for organizations interest.
Organizations are becoming increasingly conversant with the reality that the substance of a good culture heads to value addition and maximization of profit. Human capital planning is one of the most critical of all resources at the disposal of any organization, whether, public or private. The right quality and quantity of human capital (employed) is a measure of an organization’s strength health success and security. The main thrust of this research is to critically assess the prospect of human capital planning in the achievement of organizational survival.
The workforce service in the Nigerian public service at all tiers of government is mostly bloated unwieldy and ineffective. The services, which used to be the engine room of progressive policy formulation and implementation and the sole provision of basic social amenities that sustained live hood and propelled economic development of the counting has since degenerated into a creaky apparatus of political patronage that ignores merit and puts round pegs in square hold (Abdullahi, et al 2007:72). Problems of productivity and redundancy, inefficiency in the use of resources, faulty recruitment of employees, inadequate training, lack of clear objective and absence of replacement chart/succession plans. The present situation in Nigeria public sector amenities erratic seems to imply the absence of proper human capital, capital planning process. It with therefore, be pertinent to examine human capital planning in the Nigerian public sector the paper seeks to assess the relationship between human capital has a good competitive advantage that will enhance higher performance. Human capital manning becomes a part of an overall efforts to achieve cost effective and firm performance.
Finally, human capital planning is getting wider attention of the job market due to the downturn in the various economies of the world. Therefore we inclined to say that there as a relationship between human capital planning and organizational survival in some selected Commercial Bank in Port Harcourt.
1.2 Statement of the Problem
Despite various government interventions through reform has remained poor performance and inefficiency. The cumulate effect on the sector is the closure or privatization and commercialization of several commercial Banks in Port Harcourt.
Also, organizations, they still operate below expectation with low productivity, high rate of employee turnover and absenteeism. Where the human capital is not planned, organizations will be confronted with the problem of over or under staffing, inability to attract and retain presumed. Other problems will include the inability to provide realistic staffing projections, escalating personnel and other relates lost and the inability to utilize resources effectively and efficiently the present situation in commercial banks in Port Harcourt where inefficiency and ineffectiveness abound and the supply of basic social amenities erratic seem to imply the absence of proper human capital planning process it will therefore be pertinent to examine human capital planning process in commercial Banks in Port Harcourt with a view to highlighting pros peals. The general thrust of this work there, is to critically evaluate human capital planning in commercial Banks in Port Harcourt therefore this work seek to assess the prospect of human capital planning in the achievement of organizational survival.
1.3 Objectives of the Study
The purpose of this study is the main ascertain the relationship human capital planning and organizational survival in some selected Commercial Bank in Port Harcourt. The following objectives are to be achieved according.
1. To examine the relationship between scenario planning and organizational survival in some selected Commercial Bank in Port Harcourt.
2. To ascertain the relationship between demand forecasting and organizational survival in some selected Commercial Bank in Port Harcourt.
3. To examine the relationship between supply forecast and organizational survival in some selected Commercial Bank in Port Harcourt.
4. To ascertain the relationship between training and development and organizational survival in some selected Commercial Bank in Port Harcourt.
1.4 Research Question
The following research questions are postulated to guide the study:
1. To what extent does scenario planning associated with organizational survival in some selected Commercial Bank in Port Harcourt?
2. To what extent does Demand forecasting associated with organizational survival in some selected Commercial Bank in Port Harcourt?
3. What extent does supply forecast associated with organizational survival in some selected Commercial Bank in Port Harcourt?
4. To what extent does training and development associated with organizational survival in some selected Commercial Bank in Port Harcourt?
1.5 Significance of the Study
Arguably, it is used to acknowledge that a study of this nature is not basically carries out for it purpose but as a result of some associated benefits it can help to offer generally, it will help employers to ascertain the need for carrying out effective human capital planning in the respective organization.
The onions of this study will also open up future vents for young practicing managers to enhance human capital planning as a strategic and administrative tool for organizational effectiveness and continue process for business survival most importantly, this study will also provide useful informant to other scholars in the academic field in topical area under investigation and finally, this study will also proved useful guide and information to other students that will carry out their studies in the future. In the next segment definition of terms will be discussed.
1.7 Scope of the Study
The study is delimited under the following heading: content scope, geographical scope and unit of analysis.
Content Scope: The content scope of this study involves on investigation to ascertain the relationship between human capital planning and organizational survival. The dependent variable is organizational survival, measures by Innovation, Adaptability and market share. While independent variable is Human capital planning measure by scenario planning, demand forecast, supply forecast and Training.
Geographical Scope: This study is delimited in some selected commercial banks in Port Harcourt.
Unit of Analysis: The unit of analysis in this research is involves the individuals at the time of carrying out the study. The scope of this study is to ascertain the relationship between human capital planning and organizational survival. In the next segment Limitation of the study will discussed.
1.7 Limitation of the Study
In carrying out an investigation of this native the researcher must be faced the following constraint.
Firstly, the time constraint’s the time frame provision for this study was short.
Secondly, financial constraints. Usually, a study of this nature involved some level of expenditure therefore, finance was also a limiting factor.
Thirdly, poor response from the respondent and inability to access the entire population of the study. In the next segment significance of the study will be discussed. Lastly, poor measurement instrument.
1.8 Definition of Terms
DEMAND: This is the willingness of an organization to employ competent persons in the labour market.
EFFECTIVENESS: Doing the right thing.
EFFECTIVENESS: Doing the right tiling.
FORECASTING: Is the process of using past and current information about phenomenon to predict future condition.
MANAGER: This person who plan organize, direct and control the rare resources of (Men, Money, Materials and Machines) in pursuit of the organizational goals.
MANPOWER: This is the number of workers available for industrial needs.
PLANNING: The process of setting goals and objectives and determining the process and strategies in achieving these goals.
PRODUCTIVITY: I the range at which a given company is able to cover with his product.
SUPPLY: it is the availability of competent person in the labour market.
TRAINING AND DEVELOPMENT: A process of acquiring knowledge for improvement.
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