The Impact of Effective Human Capital Management Practice on Organizational Growth (a Study of Star Paper Mill Limited, Aba, Abia State)
CHAPTER ONE
PURPOSE OF THE STUDY
The main purpose or aims of this research study are stated below;
- To evaluate the extent of practices of human capital development in the organization.
- To examine how effective human capital development practices will affect workers attitudes towards work.
- To evaluate the impact of organizational training problem on the workers productivity.
CHAPTER TWO
LITERATURE REVIEW
Human capital management is the management of employee in organization. Just as the name implies, many authors on the subject have defined it in diverse ways.
According to Edwin Flip (1980:5), human capital management was defined as planning, organizing, directing and controlling the procurement, development compensation, integration, maintenance of human resources to the end so that individual, organization and social objectives is accomplished. Also Duct and Chapman (1983:4), pointed out that, human capital management is that aspect of management that is concerned with the people at work and their relationship within and outside the enterprises. Its aim is to being together and development into an effective management. These last two definitions and views seem to collaborate with that of Gluck. This is true because the purpose of human capital management a way that the greatest benefits is obtained from both material and psychological rewards of their effort put in the organization human capital management can also be locked at from the point of view of these that carry its functions. In the world of Robert Apple (1994:3690) human resource management can be said to be the responsibility of all those who managed people as well as a description of person who are employed as specialist. The statement is in line with that made by Kattal (1985:5) when he pointed out that human capital management covers all the activities of both the line managers and human capital department that deal with them. He gave his own definition of human capital management as recruiting and maintaining of human resource. He therefore supports the view that the human capital management is the responsibility of every manager.
These assertions are summarized when Muschemen and Hugher (1999:298), states that a human capital management is not the sole concern either the human capital department or the top management. It is part of the deity of every manager for the personnel function is necessary in every operation where people are employed.
CHAPTER THREE
RESEARCH METHODOLOGY
INTRODUCTION
Research methodology is the crux of the research repot and it gives step by step details of how the research was carried out and equally serves as a summary for other future researchers.
This purpose was achieved by the use of research design which explained the type of research embarked upon the characteristics of the population of the study was examined to determine their relevancy, the sampling size of the work, date collection instrument, administration of data, sampling technique and method of date analysis adopted in processing the data.
CHAPTER FOUR
PRESENTATION OF DATA AND ANALYSIS
The aim of this chapter is to present and analyze data gathered at the course of the research work and this will aid the understanding of the copies of the questionnaire that were administered to the workers.
The tool used in the analysis of data in this study is the simple average, percentage and major questions obtained from a sample size of the company (Paper Mill Limited Aba) where out of the 80 questionnaires distribute, 70 were collected.
CHAPTER FIVE
SUMMARY OF THE FINDINGS, CONCLUSION AND RECOMMENDATIONS:
SUMMARY OF THE FINDINGS:
From the research survey already analyzed the research was able to come up with the following major finding and observations.
- That Star Paper Mill Limited Aba Practices Human Capital Management
- . That the practices of Human Capital Management are very effective in the organization.
- That employer strongly believed that training of workers can improve the skill and knowledge towards the achievement of the organizational growth.
- Finally, that good human capital management practice implemented in the organization can affect the overall performance of the workers for effective organizational growth.
CONCLUSION
The purpose of this study has been the impact of effective personnel management on the organizational growth. This identifies the quality and importance it has on employees level of commitment and performance. The continuing effort through this survey has centered on this findings to the effort that reasonable light has been thrown on the subject matter. A review of previous work on human capital management had the job expected of a human capital specialist to perform.
A reference of the attached question that will reveal the most striking questions that were centered on how effective is the human capital management practice of the organization under study. One can say that, the deduction made from the findings that employees would cherish the implementation of a sound human capital management practice as this will enhance performance commitment similarly, adequate motivation of employees is another leading issue considered by almost all the workers in the organization and as such they would want to become a management priority of highest order, these factor such as; equal salaries and reward, job security and host of other constitute the position element of commitment when these factors determine to a reasonable point below that which employees consider acceptable organization growth.
RECOMMENDATIONS
This study was aim at the impacts of effective human capital management practice on organization growth, from the human capital management affects the employees commitment and performance in various ways. How often the idea of paper work situation which form the basis upon the following recommendations made.
- The Directors and management of human capital management of Star Paper Mill Limited Aba should embark on a better way of translating their knowledge of the idea situation into the work situation such as through the implement of the satisfaction of everyone in the organization.
- For productivity to improve in the organization, the workers should be made to feel that they are treated fairly and impartially. They should be made to understand that they are vital and their efforts should be rewarded equally either in cash or kind.
- Motivation is the leading factors that inspires the sense of commitment of workers and consequently motivate them to work for the achievement of the organization growth.
- In order to have an improve standard of human capital management and improvement on the expertise of human capital management, well planned training programme should be integrated in the management development policy.
Directors and human capital management should involve in the following ways:-
- Ensuring better understanding between management and the total work force.
- Encouraging problem solving within and between department in a constructive and supporting atmosphere birding the communication gap between the various levels of the organization framework.
- Encourage the spinet of framework participant management.
Limitations of the Study
During the course of this research work, the researcher encountered some unavoidable influences that limited his effort in achieving this academic work. It starts from people response which was not impressive because they (workers) were familiar with the topic.
More so, the scope to this work is somehow small and the researcher will say there are less literature on this topic in the environment where the study was carried out for example the library.
The limited exposure of the researcher to some vital information of the organization is also among the limitation which the researcher encountered.
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