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Human Capital Development as Catalyst for Increased Organization Performance: The Necessity.

Barnabas Gogo Pepple Boma Orumbie Kingsley Ala Wilcox

Subject area: Management and Commerce  ·  Area of research: Marketing and Business

Abstract

The current study is carried out on ?Human Capital Development as Catalyst for Increased Organization Performance: the necessity?. The era of rule of thumb in implementing business operations are far gone and any business that is still operating on trial and error, undoubtedly, in this ever-changing business environment will be operating at competitive disadvantage. Meaning that the business will find it difficult to survive and to compete favorably, in this highly competitive business world. It therefore becomes necessary for business owners and business policy makers to place priority on their organization members by ensuring that these members are trained and developed to better fit into the current demands on how operations should be carried out in other to gain competitive advantage and to enhance increased organization performance. Despite the fact that human capital development requires initial capital outlay, the resultant benefit for investment in human capital, cannot be undermined. Business owners and business policy makers are therefore encouraged to invest in the training and development of their human capital.

Keywords

Catalyst; human capital; increased organization performance; training and development

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How to cite this paper

Barnabas Gogo Pepple, Boma Orumbie, Kingsley Ala Wilcox "Human Capital Development as Catalyst for Increased Organization Performance: The Necessity." Iconic Research And Engineering Journals Volume 5 Issue 7 2022 Page 272-277
Barnabas Gogo Pepple, Boma Orumbie, Kingsley Ala Wilcox "Human Capital Development as Catalyst for Increased Organization Performance: The Necessity." Iconic Research And Engineering Journals, vol. 5, no. 7, Jan. 2022
Barnabas Gogo Pepple, Boma Orumbie, Kingsley Ala Wilcox (2022). Human Capital Development as Catalyst for Increased Organization Performance: The Necessity.. Iconic Research And Engineering Journals, 5(7).
Barnabas Gogo Pepple, Boma Orumbie, Kingsley Ala Wilcox "Human Capital Development as Catalyst for Increased Organization Performance: The Necessity." Iconic Research And Engineering Journals, vol. 5, no. 7, Jan. 2022.
@article{1703116,
      author = {Barnabas Gogo Pepple, Boma Orumbie, Kingsley Ala Wilcox},
      title = {Human Capital Development as Catalyst for Increased Organization Performance: The Necessity.},
      journal = {Iconic Research And Engineering Journals},
      year = {2022},
      volume = {5},
      number = {7},
      pages = {272-277},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1703116.pdf},
      abstract = {The current study is carried out on ?Human Capital Development as Catalyst for Increased Organization Performance: the necessity?. The era of rule of thumb in implementing business operations are far gone and any business that is still operating on trial and error, undoubtedly, in this ever-changing business environment will be operating at competitive disadvantage. Meaning that the business will find it difficult to survive and to compete favorably, in this highly competitive business world. It therefore becomes necessary for business owners and business policy makers to place priority on their organization members by ensuring that these members are trained and developed to better fit into the current demands on how operations should be carried out in other to gain competitive advantage and to enhance increased organization performance. Despite the fact that human capital development requires initial capital outlay, the resultant benefit for investment in human capital, cannot be undermined. Business owners and business policy makers are therefore encouraged to invest in the training and development of their human capital.},
      keywords = {Catalyst; human capital; increased organization performance; training and development},
      month = {January},
  }