HUMAN RESOURCE MANAGEMENT AND ORGANIZATIONAL RESILIENCE (A SURVEY OF SOME SELECTED COMMERCIAL BANKS IN PORT HARCOURT)

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Abstracts

The study examined Human Resources Management and Organizational Resilience in some selected Banks in Port Harcourt. the survey research design that is cross sectional was adoptedl. Results of the study will now form the basis for generalization. The population of the study is made up of 200 employees selected from operating deposit money Banks in Port Harcourt, Rivers State are as follows: First Bank = 50, Union Bank 50, Zenith Bank = 50 and GT Bank = 50. The Yaro Yemen’s formula was used to determine the sample size of 160. Self-designed questionnaires on human resources management and organizational resilience was used and administered for the collection of data from the respondents in selected commercial Banks in Port Harcourt. The questionnaire responses of the sample respondents were presented using tables and analyzed by simple percentages. To give a more scientific and empirical answer to the questions posed in research question and to fully and properly test for the stated hypotheses, Chi-Square statistical techniques will be adopted. The study recommends that The management of commercial Banks should continues to ensure that the Human Recourses policy, which is a result of the organization strategy to use human resource, among others, to achieve outstanding performance every year,  is upheld and Besides  a   thorough  knowledge  of  the  position  the organization is trying to fill, recruiters must be able to pinpoint sources of human resources. Since the supply of individuals from which to recruit is continually changing, there will be time when finding appropriate human resources will be much harder than at other times.

Table of Contents

Title Page    i

Declaration iii

Certification         iv

Dedication  v

Acknowledgement         vi

Abstracts    vii

Table of Contents viii

List of Tables       x

List of Figures      xi

CHAPTER 1        1

INTRODUCTION         1

1.1 Background of the Study  1

1.2 Statement of Problems      3

1.3 Objectives of the Study     4

1.4 Research Question   4

1.5 Research Hypotheses        5

1.6 Significance of the Study   5

1.7 Scope/Limitation of the Study    6

1.8 Definition of Terms 8

CHAPTER 2        10

LITERATURE REVIEW        10

2.1 Conceptual Framework     10

2.1.1 Concept of Human Resources Management         11

2.1.3 Organizational Resilience         21

2.1.4 Measures of Organizational Resilience        24

2.3 Empirical Review    30

CHAPTER 3        32

RESEARCH METHODOLOGY      32

3.1 Research Design      32

3.2 Population of the Study    33

3.3 Sample and Sampling Techniques        35

3.4 Source and Method of Data Collection 37

3.5 Instrument design    37

3.6 Data Analytical Method    37

CHAPTER 4        39

DATA PRESENTATION AND ANALYSIS       39

4.1 Data Collection and Presentation         39

4.2 Data Analysis 40

4.3 Testing of Hypothesis       45

4.4 Discussion of Findings      48

CHAPTER 5        51

SUMMARY, CONCLUSION AND RECOMMENDATIONS         51

5.1 Summary       51

5.2 Conclusion     51

5.3 Recommendations   52

References  53

Appendix I 56

Appendix II          57

CHAPTER 1

INTRODUCTION

1.1 Background of the Study

Organizational resilience refers to an organization’s ability to create an environment that enhances career resiliency of their employees (Brock & Grady, 2002; Nishikawa, 2006). An organization committed to building resilient employees will foster openness in communication, encouragement of individual contributions for personal growth, risk-taking all with the promise of employee recognition and rewards (O’Leary, 1998). Resilient organizations structure, restructures themselves to attain a mission, support the optimal development of shared decision-making. They provide feedback, set goals, and have intelligence-gathering mechanisms (Nishikawa, 2006). They employ people who react quickly and efficiently to change and perceive experiences constructively, ensuring adequate external resource, expand decision-making boundaries, develop the ability to create solutions on the spot, and develop tolerance for uncertainty (Greene et al., 2002). One way an organization can be resilient is through human resources management.

To achieve competitive advantage, Bohlander, Snell & Sherman (2001) argue that while people have always been central to organizations, they have now takenon  an  even  more  central  role  in  building  a  firm’s  competitive advantage. They reiterate the fact that success increasingly depends on the organization’s people-embodied know-how, which includes the knowledge, skills and abilities embedded in an organization’s employees. Organisations best able to meet these challenges are those that can acquire and utilise valuable and scarce resources. Human resources fall into this category of resources, particularly if they are effectively deployed through appropriate human resource practices (Boohene & Asuinura (2011). One of the key tasks for an organization, therefore,  is  the  effective  management of  human  resource. Research in Human Resource Management (HRM) has established that the success of any organisation is highly influenced by the calibre of its human resource (HR),  which  in  turn,  is  affected  by  the  organization’s  human resource management practices (Okoh,2005).

Commercial Banks are in the private sector banking industry in Nigeria, which is not on subvention from either the government or any other organizations.  Thus,it  is  required  to  generate  its  own  funds,  operate profitably and be able to pay dividend annually to its shareholders. Since the restructuring, no research has been carried out to ascertain the effect of human resource management practices on the company’s performance. This study therefore seeks to examine the relationship between human resources management practice and organizational resilience in some Commercial Banks in Port Harcourt.

1.2 Statement of Problems

Both public and private organizations in Nigeria contribute to the wrong utilization of available human   resource. This is because graduates are employed in areas where they lack expertise. The management of some organization does not seem to know the importance of training and development on organizational resilience, Ubeku, (1995). Some management believes that if workers have acquired education, there is no need to train again. Provisions of welfare facilities are not given adequate attention in some organization despite many policies being put in place to ensure workers productivity and efficiency and to possibly stamp out unethical practices in the public sector especially.

Studies  (Olaniyan  and  Ojo,  2008; Obasan, 2011;  Lauren  &  Lin,  2003;  Ongori  and  Nzonzo, 2011;  Lucas,  2005;  Rothwell  and  Kazanas, 2004)  on  manpower  training,  training  needs  and developmental  issues  are  no  longer  a  new  topic  in  the  field  of  human  resource  management, management  practices  and  philosophies  but  in  spite  of  the  attention  and  resources  paid  to the   practice,   it   continues   to   generate   extreme   dissatisfaction   among   employees.   In other words,  limited  studies  have  been  carried  out  regarding  the strategic  role  of human resource development on organizational productivity in  Nigerian banking Industries.   Evidently,  a   gap   exists   in  the   literature   regarding human resource development  and  organizational  productivity  in  the  Nigerian  manufacturing  context,  which  this survey tends to fill. Hence, this study examined how best human resource development can be used for employees to reduce  waste, incessant  level  of  industrial accidents, labour turnover,  lateness to  work, fatigue, and absenteeism in order to ensure resilience in the banking industry.

1.3 Objectives of the Study

The main objective of the study is to examine the relationship between human resource management and organizational resilience in some selected Banks in Port Harcourt.

       To examine the relationship between employee recruitment and organizational resilience in some selected Banks in Port Harcourt.

       To examine the relationship between staff performance appraisal and organizational resilience in some selected Banks in Port Harcourt.

       To examine the relationship between employee compensation and organizational resilience in some selected Banks in Port Harcourt.

1.4 Research Question

The following research questions were proposed to guide the study.

       To what extent is employee recruitment associated with organizational resilience in some selected Banks in Port Harcourt?

       To what extent is staff performance appraisal associated with organizational resilience in some selected Banks in Port Harcourt?

       To what extent is employee compensation associated with organizational resilience in some selected Banks in Port Harcourt?

1.5     Research Hypotheses

The following hypotheses were formulated to guide the study:

HO1: There is no significant relationship between employee recruitment and organizational resilience in some selected Banks in Port Harcourt.

HO2: There is no significant relationship between performance appraisal and organizational resilience in some selected Banks in Port Harcourt.

HO3: There is no significant relationship between employee compensation and organizational resilience in some selected Banks in Port Harcourt.

1.6 Significance of the Study

The study will be beneficial to all service organizations especially the banking sector as it emphasized the  need  and  encourage  the  establishment  of  policy  guidelines  on  the  efficient and  effective  human resources management.

The  study  shall  have  a  great  impact  on individuals,  organization  and  the society  at  large.  Subsequently, it will enhance good suggestions for achieving better performance through an effective training/development programmes. Moreover, the study shall provide framework which will assist business organization  and  the  society  as  a  whole  on  how  to  evolve  an  enduring  training  programmes capable  of  achieving  the  desired  result  for  an  organization.

It will help managers of various organizations to generate ideas and solution to problems based on the best way to run training in their organization in order to achieve desired goals and objectives. It will equally be useful to small  scale  business,  large  corporations, management and  consultants,  practitioners, and universities, college of education and to the government.

It will also help researchers to know more about the relevance of human resources management as it enhance organizational resilience.

Finally, it will be  of  great  value  to management,  researchers,  investors,  government  and students  as  a point of reference and will equally form the basis for further research study.

1.7Scope/Limitation of the Study

The study examines the relationship between human resource management and organizational resilience in some selected commercial Banks.

The study is delimited under the following headings; content scope, geographical scope and unit of analysis

Content Scope: The content of this study involves an investigation to ascertain the relationship between human resource management and organizational resilience in some selected commercial Banks.

Geographical Scope: This study is delimited to some selected commercial Banks in Port Harcourt.

Unit of Analysis: The unit of analysis involved the staff at the time of carrying out this study. In carrying out an investigation of this nature the researcher must of necessity be faced with some constraints.

In carrying out an investigation of this native the researcher must of necessity 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.

1.8 Definition of Terms

Human Resources Management

Human Resource Management (HRM) is a very critical and imperative function that operates within an organization.

Employee recruitment

Recruitment and selection in any organization is a serious business of the Human resources Managers. This is because the success of any organization or efficiency in service delivery depends on the quality of its workforce who was  recruited  into  the  organization  through  recruitment  and  selection exercises.

Performance appraisal

The  process  of  performance  management,  it involves a continuous judgment on the behaviour and performance of staff.

Employee compensation

Compensation (Reward and  benefits) management is  concerned with the formulation and implementation of strategies and policies, the purposes of which are to reward people fairly, equitably and consistently in accordance with their value to the organization and thus help the organization to achieve its strategic goals.

Organizational Resilience

Organizational resiliency refers to an organization’s ability to create an environment that enhances career resiliency of their employees.

Robustness

Robustness incorporates the concept of reliability and refers to the ability to absorb and withstand disturbances and crises.

Resourcefulness

Resourcefulness means the ability to adapt to crises, respond flexibly and – when possible – transform a negative impact into a positive.  For a system to be adaptive means that it has inherent flexibility, which is crucial to enabling the ability to influence of resilience.

Response

Response means the ability to mobilize quickly in the face of crises. This component of resilience assesses whether an organization has good methods for gathering relevant information from all parts of society and communicating the relevant data and information to others, as well as the ability for decision makers to recognize emerging issues quickly.

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