HUMAN RESOURCES DEVELOPMENT AND ORGANIZATIONAL SURVIVAL (A STUDY OF FIRST CITY MONUMENT BANK BORI)

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Abstract

The study has examined the relationship between human resource and organizational survival. The main purpose of the study is to examine the relationship between staff training and organizational survival in first city monument bank Bori, to examine the relationship between staff development and organizational survival in first city monument bank Bori and to examine the relationship between coaching and organizational survival in first city monument bank Bori. The survey research design was adopted for the study. The population of the study is made up of 24 senior and junior staff of first city monument bank.  The Taro yemen’s formula was used to determined the sample size of 22. Data collection was done using a structured questionnaire. The method used to analyze the data was simple descriptive method stated in tables and expressed in percentage. A self-design questionnaire on human resource and organizational survival. The chi-square statistical test was employed, this test was used due to the nature of the questionnaire designed for the hypothesis testing with the SPSS version 22. Based on the findings of the study, it was recommended amongst others that management having seen human resource exercise as a vital aspect in organization should be encouraged to finance it, seeing that the organization is one that makes use of highly trained personnel, lack of funds as a problem should not be allowed to hinder effective implementations development etc.

Table of Contents

Title Page    i

Title Page    ii

Declaration iii

Certification         iv

Dedication  v

Acknowledgements        vi

Abstract      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        4

1.3    OBJECTIVES OF THE STUDY       4

1.4    RESEARCH QUESTIONS      5

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       6

CHAPTER 2        8

LITERATURE REVIEW        8

2.1    CONCEPTUAL FRAMEWORK      8

2.1.1 CONCEPT OF HUMAN RESOURCES DEVELOPMENT    8

2.1.2 DIMENSIONS OF HUMAN RESOURCES DEVELOPMENT        10

2.1.3 ORGANIZATIONAL SURVIVAL    11

2.1.4 MEASURES OF ORGANIZATIONAL SURVIVAL     12

2.1.5 RELATIONSHIP BETWEEN HUMAN RESOURCE PLANNING AND  14

2.1.6 THE NEED FOR HUMAN RESOURCES DEVELOPMENT          16

2.1.7 PROBLEMS OF HUMAN RESOURCE DEVELOPMENT    17

2.1.9 PROBLEMS, ISSUES AND TRENDS IN HUMAN RESOURCE          MANAGEMENT IN NIGERIA        18

2.2   THEORETICAL FRAMEWORK      20

2.2.1 UNIVERSALISTIC THEORY 21

2.2.2 CONTINGENCY THEORY    21

2.2.3 CONFIGURATIONAL THEORY     23

2.3 EMPIRICAL FRAMEWORK     24

CHAPTER THREE       26

RESEARCH METHODOLOGY      26

3.1   RESEARCH DESIGN    26

3.2   POPULATION OF THE STUDY      26

3.3   QUESTIONNAIRE DESIGN   26

3.4   SOURCE AND METHOD OF DATA COLLECTION   27

3.5   SAMPLE AND SAMPLING TECHNIQUES        27

3.6   DATA ANALYTICAL TECHNIQUES       28

3.7   RELIABILITY AND VALIDITY       29

CHAPTER 4        30

DATA PRESENTATION AND ANALYSIS       30

4.1 Data Collection and Presentation         30

4.2   Data Analysis        30

4.3 Testing of Hypothesis       34

4.4 Discussion of Findings      36

CHAPTER 5        38

SUMMARY, CONCLUSION AND RECOMMENDATIONS         38

5.1  SUMMARY  38

5.2 CONCLUSION        38

5.3 RECOMMENDATIONS   39

REFERENCES    41

Appendix I 46

APPENDICES II  48

List of Tables

Table 4.1: Questionnaire Administration and Retrieval 30

Frequency Table   30

Table 4.6: Training influence Organizational Survival in first city monument Banks in Bori.          32

Table 4.7: Staff development promote organizational survival in first city monument Banks in Bori.  32

Table 4.8: Coaching promote organizational survival in first city monument      33

List of Figures

Figure 1: A Conceptual Framework on Human Resources Development and Organizational Survival      8

CHAPTER 1

INTRODUCTION

1.1     BACKGROUND OF THE STUDY

Corporate survival has been the most interesting topics for organizations over the years. Organizations exist to survive during environmental factors that tend to encroach on business performance. Organizations attempt to maintain the existing, but essentially the larger part of their efforts is tilted toward survival (Mindy, 1998).   The competition in the industry is getting stronger and firms are adopting different strategies to be competitive in the industry. Surviving in the global struggle to meet with increasing demand on firms in the market place has seen many researchers and academicians having a resort to pay attention to the individual employees in the organization since innovation in product and services are brought about by these individuals.

However, in the review of past studies, despite the level of work that has been done, only few studies try to discuss some specific aspects of employee participation that can affect survival of organizations. It is the net satisfaction of all constituents in the process of gathering and transforming inputs into outputs in an efficient manner (Matthew, Grawhich and Barber 2009). One of the ways an organization can be effective is by practicing corporate social responsibility.

Organizational Survival has to do with accomplishment standard of accuracy, completeness, cost and speed. Performance is seemed to be the fulfillment of an obligation in a manner that releases the performer from all liabilities under the contract. This means that an employee must be properly, evaluated in term of their productivity, skills taken decision and total commitment to their job so as to enable the organization to achieved expected goals (Kuvaas, 2006).

The human resource system can become more effective by having a valid and accurate appraisal policy used for rating performances of the employees. Unfortunately, in Nigeria today, the number of organizations using an effective performance appraisal policy is limited (Yalcin, 2002).

Human resource has been subject of thought and reflection in the field of management for a long time, only recently, however that the link between organizational competitiveness and human resource development issues, seem to have received attention, where human development has developed different approaches, in identifying the benefit of the perception against the traditional human resource management, which is a drive towards a development Aniagbo (1984).

Human resource is now evolving approach that promotes the use of human, natural and financial resources to improve the economy, the environment and society in an integrated way for the benefit of current and future generations.

Human resource can be defined as the practice of reserving resources for future generation without any harm to the nature and other components of it. Apple (1998) human resource development ties together concern for the carrying capacity of natural systems with the social, political, and economic challenges faced by humanity human resource science is the study of the concepts of human resource development and environmental science. There is an additional focus on the present generations responsibility to regenerate maintain and improve planetary resources for use by future generations.

The greatest asset of any organization is its human resources that ensure that achievement of the company’s goals and objective (source: Human resource Article 2012) it is unfortunate that most company’s organization have neglected the development and management of their chief asset which is human resource Ogbodo (2007). According to Ubeku, (1995) human development is the function within an organization that focused on recruitment of management and providing direction for the people who work in the organization. It is also a strategic and comprehensive approach of managing people and the work place culture and environment Ubeku, (1995). Effective human resource management enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organization’s goals and objectives Fatunla, (2000). Human resources development is administrative activities associated with human resources planning, recruitment selection orientation training appraisal motivation and also a functions within an organization that focuses on people Graham, (1994).

In recent years, it has been noted that good number of business establishment are having poor productivity as a result of lack of effective and efficient human resource. Business is full of uncertainty and the understanding of labour contribution or human resources development is vital for management especially in the areas of boosting employee job performance, productivity and as well its profitability Ubeku, (1995).

1.2 STATEMENT OF PROBLEMS

Both public and private organizations in Nigeria contribute to the wrong utilization of available human resources. 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 survival 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 ethical practices in the public sector especially.

Problems identified in the study are Poor staff training, Lack of staff development and inadequate employee coaching. Therefore, this study intends to solve the problems of human resources development and organizational survival which many researchers have tried to look into over the years.    

1.3 OBJECTIVES OF THE STUDY

The main objective of the study is to examine human resources development and organizational performance. The specific objectives are as follow:

i.        To examine the relationship between staff training and organizational survival in first city monument bank Bori.

ii.       To examine the relationship between staff development and organizational survival in first city monument bank Bori.

iii.      To examine the relationship between coaching and organizational survival in first city monument bank Bori.

1.4     RESEARCH QUESTIONS

The following question shall be use in the course of this research study.

iv.      To what extent does staff training influence organizational survival in first city monument bank Bori?

v.       What is the relationship between staff development and organizational survival in first city monument bank Bori?

vi.      To what extent does coaching and organizational survival in first city monument bank Bori?

1.5   RESEARCH   HYPOTHESES

H01: There is no significant relationship between staff training and organizational survival in first city monument bank Bori.

H02:  There is no significant relationship between staff development and selection influence organizational survival in first city monument bank Bori.

H03:  There is no significant relationship between coaching and organizational survival in first city monument bank Bori.

1.6     SIGNIFICANCE OF THE STUDY

This research has determined to examine human resources development and organizational survival.

The significance of this work lies on the fact that it will help human resources managers improve organizational survival in their organizations.

The study is focused towards gaining a detail insight on human resources development and organizational survival. This research project will be beneficial to the business organizations, government, and people in the society who have quest for more knowledge on human resources development and organizational survival.

The study is also intended to provide a benchmark for business managers in Rivers State. Finally, this study will be of benefit to the students of management and other institutions of higher learning on the insight human resources development and organizational survival.  

1.7     SCOPE/ LIMITATION OF THE STUDY

The study has examined human resources development and organizational survival. The study limits scope to First City Monument Bank and union Bank Bori.

The study is limited to the following limitations:

The level of frankness in response to questions by the respondents is quite doubtful.

Finance: Accessing fund for the research work as difficult and this to a great extent limited the quality of research activity.

Time: The time allocated to the research work was not sufficient to give room for further intensive work on the field of study.

Organization Policy: Policies of the organization limited the level of information received. The personnel of the firms were not willing to give information, stating that it was against the organization’s policy.

1.8 DEFINITION OF TERMS

The researcher took the pains in giving the definitions of some uncommon terms used in this study; this is done in order to make it possible for the project work to have the full of human resources development.

The following are some of the related terms used in the study:

Human Resources Development: It is the framework for helping employees develops their personal and organizational skills, knowledge, and abilities.

Human Resources Planning: It is a process that identifies current and future human resources needs for an organization to achieve its goals.

Organizational Survival: The  survival  of  a  firm  depends  on  its  ability  to  survive  with  its  internal  and  external environmental factors.

Survival: The state or fact of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances.

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