THE EVALUATION OF THE CHALLENGES AND PROSPECTS OF HUMAN CAPITAL MANAGEMENT IN HOME FRESH YOGHOURT LTD KADUNA

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ABSTRACT
Research work examines evolution of the challenges and prospects of human capital management in farm fresh yoghurt Kaduna. After the research was conducted questionnaire were the principal instrument used in the study for data collection. The total population for the study work was 40 with the sample of 36. The data collections were analyzed in form of table and percentage. The study revealed that motivation is responsible for effective performance in Home fresh yoghurt. The study also recommends the organization should try to pay staffs all in order to avoid job dissatisfaction; management should give more attention to promote staff emerging and encourage them to work.

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Managing human resource in an organization is both complex and challenging, the human element is considered as most crucial in the attainment of any organization objectives. Thus considerable attention should be given to human resources management bearing in mind that the quality of personnel in any organization is a means to an end, therefore, it will be right to say that man is the most valuable asset in an organization, though difficult to obtain, develop, motivate and retain amongst an organization assets.
Human resource management, like financial management and material are concerned with the utilization of resource to help achieve organization objectives, it does so by ensuring that the required human resources is available when needed and sued efficiently. Human being are very complex and because of their complexity, organization have tried to see that they are managed adequately over the last decade.. Human resource management have played a very great role in development and improvement of business enterprises at all level which include small scale, medium and large scale enterprises it has helped over the year in shaping or building the workability of organization resources which include labour (man power) machine utilization and effective use of funds.
However, most small scale enterprises faces lots of challenges in the time past, problems such as lack of proper record keeping, mismanagement of funds, lack of time management and many more but with the application or introduction of human resources management all these problems have been eradicated this is as a result of proper training and development, research, good recruitment process or recruitment of capable worker etc. therefore, the role of human capital on small scale enterprises can be over emphasis in our societies today.

1.2 STATEMENT OF THE PROBLEM
Small and medium enterprises (SMEs) in Nigeria have not performed creditably well and hence have not played the expected vital and vibrant role in the economic growth and development of Nigeria. This situation has been of great concern to the government, citizens. Operators, practitioners and the organized private sector group. Every year the government at Federal State and even local levels through budgetary allocations policies and pronouncements have shown interest in the sectors, and made attempts to energize it. This is not to talk of the various
grants both from within and outside the country as well as institutional supports created to help it grow. Despite these efforts geared towards making this sub-sector vibrant, the performances has fallen short of expectation. It is on record that most small and medium scale enterprises in Nigeria die before their third birthday (Owoseni, 2010). This seems to be the case with the Home Fresh Yoghourt in Kaduna, as other yoghourts, which when newly introduced are ubiquitous in the city, but gradually become obscure before the third year of existence.

In great and developed economies, SME’s account for as high as 64% of industrial employment, but in the case of Nigeria it has been estimated to be below 31%. This level of contribution is rather disturbing considering the high degree of unemployment rate in Nigeria as well as the poverty level. In a normal circumstance, it is expected that a smooth transition would occur from small and medium scale enterprises, where employees would be in thousands. This is what is expected of the Home Fresh Yoghourt. However, despite its years of existence, it has not gone beyond the small scale enterprise with which it started. It is not quoted on the stock market neither is it listed among the vibrant SMEs in Nigeria.
As mentioned by Onugu (2005). One of the vital factors that could be responsible for the disable performance of SMEs in Nigeria is lack of adequate human resources management could the low level performance of Home Fresh Yoghourt be due to poor human resource management. This is what this project set out to ascertain.