Human Capital Development and Organizational Productivity in Selected Deposit Money Banks South-East

Abstract

This work examined human capital development and organizational productivity in selected deposit money banks in South-East, Nigeria. The study specifically is designed to determine the effect of training and development, knowledge accessibility and learning capacity on organizational productivity. Relevant conceptual, theoretical and empirical literature was reviewed. The study is anchored on Resource Based View and Human Capital Theory. Survey research design was adopted. The population of the study comprises 302 staff of the deposit money banks in Anambra state. The sample size for the study was 302 using the entire population. Data was sourced from primary source, through the instrument questionnaire. Face and content validity was used in validating the research instrument. Test-retest through pilot study and Cronbach Alpha was employed to ascertaining the reliability of the instrument. The result revealed a Cronbach Alpha value of 0.7and 0.8 which is within the acceptable threshold. The tools that were used in analyzing the data collected include simple percentages, and T-statistics analysis. The study found that training and development, Employee engagement, and Knowledge accessibility has a significant positive influence on organizational productivity, whereas, Learning capacity does not have negative and insignificant effect on organizational productivity. Therefore, the study conclude that human capital development has a significant positive effect on organizational productivity. The study recommended among others, that management of deposit money banks should have compulsory training programmes for all employees in order to improve the knowledge and understanding of annual business strategy and objectives to improve organizational productivity