This study investigated the impact of staff training and development on organizational productivity using selected commercial banks in Nigeria as a reference study. The quarrel of this study is that workers in the banking sector are not properly trained to key into the professionalism area of the banking system. Even when they are trained, they cannot easily cope due to the poor training system used. The main aim of this study is to determine the impact of skill acquisition on organizational productivity. Ordinary least square (OLS) was employed and data were analyzed using regression table and correlation coefficient. T-test statistics was utilized to test the formulated hypotheses at 5% (per cent) level of significance. Findings revealed that there is a positive relationship between skill acquisition and organizational productivity. We therefore, conclude that the processes involved in training and development are not duly followed and this has affected the productivity of commercial banks in Nigeria.
Table of Contents
1. Introduction
2. Theoretical Foundations
3. Research Methodology and Model Specification
4. Empirical Results and Data Analysis
5. Conclusion and Recommendations
Research Objectives and Themes
This study aims to determine the impact of staff training and development on organizational productivity within selected commercial banks in Nigeria by evaluating the relationship between skill acquisition and various economic performance indicators.
- Analysis of training practices and their influence on bank performance
- Evaluation of theoretical models regarding skill acquisition and behavioral reinforcement
- Empirical assessment of variables like investment, unemployment, and GDP
- Optimization of human resource utilization through systematic training processes
Excerpt from the Book
The Impact of Staff Training and Development on Organizational Productivity: A Study of Selected Commercial Banks in Nigeria.
Employees and managers who must adapt to the myriad of changes facing organizations must be trained and developed continually in order to maintain and update their capabilities and for managers to enhance their leadership skills and abilities (Cole, 2004). Staff training and development are concerned with activities related to the management of an organization; its aim is to better the performance of groups and individuals in an organizational setting (Armstrong, 2009). The present day economy is very much dependent upon the various functions of banking practices; it is unthinkable for the country’s economy to maintain its growth, sustenance and development without the role of the banks.
Today, it is disturbing however, that a sizable number of commercial banks in Nigeria have failed to live up to their expectations (such as; increase in total deposits, Net interest margin and total asset of banks) as some of them have gone distressed, while most of them have entered into merger and acquisition for survival. Also, for some years now, it appears that training and development practices in these selected commercial banks of the study were haphazard, unplanned and unsystematic and several of their employees such as machine and computer operators, customer care units, field engineers, marketers and many other categories of workers did not read banking course or other related courses. Most of them came from other fields of study.
Summary of Chapters
1. Introduction: Outlines the importance of staff training for organizational success and addresses the current performance challenges faced by Nigerian commercial banks.
2. Theoretical Foundations: Explores key learning theories, including B.F. Skinner's operant conditioning and cognitivism, to explain how skill acquisition drives performance.
3. Research Methodology and Model Specification: Details the empirical econometric approach using ordinary least squares (OLS) to analyze the impact of training on organizational productivity.
4. Empirical Results and Data Analysis: Presents the regression analysis findings, confirming a positive relationship between skill acquisition and organizational outcomes.
5. Conclusion and Recommendations: Summarizes the findings and advocates for systematic, incentive-based training programs to improve productivity in the banking sector.
Keywords
Staff Training, Organizational Productivity, Skill Acquisition, Commercial Banks, Nigeria, Human Resource Management, Econometric Analysis, Performance Indicators, Capacity Building, Banking Sector, Employee Development, Organizational Goals
Frequently Asked Questions
What is the core focus of this research?
The study investigates how continuous staff training and development impact the organizational productivity and performance of selected commercial banks in Nigeria.
What are the central themes of the paper?
The central themes include the link between skill acquisition and profitability, the necessity of systematic training models, and the role of human capital in economic growth.
What is the primary objective of this study?
The primary goal is to empirically determine the impact of skill acquisition on the productivity of Nigerian commercial banks to address performance deficiencies.
Which scientific method is utilized in this work?
The authors employ an empirical approach using the ordinary least square (OLS) estimation method to analyze the regression model and test the relationship between variables.
What topics are covered in the main section?
The main section covers the theoretical foundations of learning, the specification of an econometric model, and a detailed regression analysis of productivity variables.
Which keywords characterize this paper?
Key terms include Staff Training, Organizational Productivity, Skill Acquisition, Human Resource Management, and Econometric Analysis.
Why are Nigerian commercial banks specifically studied?
The study focuses on Nigerian banks because many have faced significant performance challenges and high labor turnover, necessitating an evaluation of their training systems.
What does the regression model reveal about training?
The model reveals a statistically significant positive relationship between skill acquisition and organizational productivity, supporting the need for constant staff development.
What recommendation does the paper offer to institutions?
The authors advocate for implementing systematic, well-structured training processes combined with incentive policies to motivate employees and improve overall performance.
- Citation du texte
- M.Sc Martin Ezemenike (Auteur), Ph.D E.K. Nnabuife (Auteur), (Ph.D) L.P. Akpan (Auteur), 2012, The Impact of Staff Training and Development on Organizational Productivity, Munich, GRIN Verlag, https://www.grin.com/document/276183
