INFLUENCE OF HUMAN CAPITAL DEVELOPMENT ON ORGANIZATIONAL EFFECTIVENESS IN THE NIGERIA MANUFACTURING FIRM

Abstract

This study examines the influence of Human Capital Development on organizational effectiveness, the specific objectives were to investigate the effect of training and development, performance management system, compensation and reward on organizational effectiveness. A survey research design was used to select a sample size of three hundred and fifty- five (355) from the total population of three thousand one hundred and ninety five (3195) employees of Nigerian Breweries to elicit information from the respondents... A structured questionnaire was administered to elicit information from the respondents. In analyzing the data both descriptive and inferential statistics were adopted. The findings showed a significant effects of training and development     (R² = 0.620; p= 0.000); performance management   (R² = 0.084;  P= 0.000) on organizational effectiveness; and a positive significant relationship between compensation and reward (r=0.107;  P<  0.05) and organizational effectiveness. The study concludes that human capital development play a significant role in the effectiveness and performance of any organization.  The study therefore recommends that organization should adopt a very efficient performance management system to critically appraise their employees and provides timely and adequate feedback as regard their contribution to the overall organization performance