Manpower Training and Development in the Nigerian Banking Industry

Description

– Manpower Training and Development in the Nigerian Banking Industry –

Download Manpower Training and Development in the Nigerian Banking Industry. Business Administration students who are writing their projects can get this material to aid their research work.

Abstract

This study is focused on Manpower training and Development in the Nigerian Banking Industry: A case Study of Central Bank of Nigeria Enugu. The objectives of the study among others include. (1) To determine if regular manpower training and development leads to a significant increase in the operating costs of Central Bank.

(2) To find out if successful manpower development programmes contribute to the success of the Central Bank. Based on these, 4 research questions and 3 hypotheses were formulated.

Extensive literature review on textbooks, journals, and material on the area of the study were carried out. While primary data were sourced from respondents, which form the sample of the study. This sample included Junior and Senior staff of the case organization.

The data collected with open and close ended questions were presented, analyzed and interpreted. The hypotheses formulated were tested using chisquare.

Introduction

The task of managing the human component of the business is central and most important task, because the success of any enterprise depends entirely on the effectiveness of its human resources on their job. Human being per se is not a “resource”.

He becomes a resource only if trained, developed and allocated to productive work. No enterprise can be guaranteed a permanent place in our highly competitive society and no manager lasts longer unless he keeps his business competitive by way of training and development.

The main part of any training and development programme is directed towards preparing individuals to meet future needs. All activities of any enterprise are initiated and determined by the persons that make up the organization and the success of these activities depends on the competence, motivation and general effectiveness of its work force.

A growing number of managers recognize that they can hope to find a major and lasting competitive advantage not in superiority of their plant and products, but on the quality and training of their people. 

Effective manpower training and development enables an organization to move from an inefficient (to a more) productive situation, provided the important and appreciating resources are there.

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