THE ROLE OF HUMAN CAPITAL MANAGEMENT IN ORGANIZATION EFFICIENCY IN PEUGEOT AUTOMOBILE OF NIGERIA KADUNA (PAN)
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ABSTRACT
The study extammed the role of human capital management in organization efficiency in Peugeot automobile of Nigeria Kaduna. The research objective were to examme the nature of recruitment and selection adopted by the organization in Peugeot automobile of Nigeria Kaduna, to know the extent to which human capital management is important and to also identify the problems the organization encounter in managing their human capital and there causes. To provide solution to the study. A survey research design was adopted for the study. Questionnaire and documentary sources were used for data collection. The statistic mean score was used to analyze data obtained from the field with a total population of 215 employees and 80 sample size was used. The findings of the study reveal that encouraging team work and cooperation is an essential means of effective human capital management leads to workers high and enhances efficient performance. In conclusion, the research recommended that the management should ensure that there is an established human capital management to serve as a guide for the recruitment exercise of the organization in order to improve workers productivity.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
For an organization to effectively and efficiently achieve its organization objectives there must be human capital management, reporting, measurement and drawing conclusion about the significance of the outcomes of measurement as a guide to future action. Human capital management focuses the attention of an organization leadership team on the strategies it should adopt. It identifies these aspects of people management that demonstrably have the greatest bearing on business performance. It clarifies the return that can be obtained in terms of increased profitability, productivity and overall effectiveness arising from the development deployment and engagement of the people the organization needs to active its goals HCM points the way to achieving human capital advantage by highlighting where and how investments in people generate the highest returns. It ensures that HRM policies include knowledge management, resourcing, talent management, performance, and reward and recognition processes, which will bring organizational efficiency. This research project intends to practically study how human capital management impacts on organizational efficiency
1.2 STATEMENT OF PROBLEM
Human capital management (HCM) has been described as “a strategic approach to people management that focuses on the issues that are critical to an organizational success” in teams of competences, knowledge and personality.(Armstrong 2007) Apparently human capital management has been experiencing many problems ranging from poor designing and implementation of human capital strategy, ineffective human capital measurement, inadequate human capital reporting system, huge investment of money on physical management than human capital management and ineffective human management technique.
This research project intends to look at how small and medium scale industries have been grappling with these and other problems with particular reference to their efficiency. For lack of time and resources, the research will focus one Peugeot, Automobile of Nigeria Kaduna.
1.3 OBJECTIVE OF THE STUDY
i. To examine the nature of recumbent and selection adopted by the organization.
ii. To know the extent at which human capital management is important in Peugeot Automobile of Nigeria Kaduna (PAN).
iii. To identify the problems the organization encounter in management their human capital and there causes capital.