The Role Of Human Capital Development In The Revitalization And Sustainability Of An Organization A Study Of Enugu Electricity Distribution Company (EEDC)

ABSTRACT

This research work focused on the role of human capital development in revitalization and sustainability of an organization with particular reference to Enugu Electricity Distribution Company (EEDC) Umuahia Branch which is about two years. The objectives of the study include: the determination of factors affecting human capital development in an organization particularly the EEDC, Umuahia, to examine the effects of qualified and skilled manpower on general organizational performance. To identify the effect of on the job training on the performance of human capital in an organization, to examine the impact of management development programmes on human capital readiness for managerial function and to identify' the impact of coaching, mentoring and understudying on the performance of its human resources. To achieve these objectives, the researcher employed both primary and secondary methods of data collection. Structured questionnaires were distributed to 154 respondents where 120 were properly filled and returned. The hypotheses were tested with the use of chi square statistical instrument at 0.05 level of significant. The findings revealed that management development programmes have created an avenue in EEDC Umuahia branch to meet their manpower needs, on the job training and coaching, mentoring, understudying helps EEDC Umuahia Branch to be more effective and efficient in their operations. The findings also revealed that human capital development programmes have increased the manpower necessary skill, knowledge and altitude needed to be effective and efficient t work place. Time and cost has been identified as some of the factors affecting human capital development in EEDC, Umuahia. However. recommendations were made as follow; that there should be proper monitoring and follow up on the job training to ensure the effectiveness of the programme and to achieve the objectives. A systematic training and development should be embarked upon by organizations, corporate bodies and ministries in Nigeria, knowing the present manpower resources help to plan very well for the future, therefore, manpower environment should be taken into consideration because of expected changes such as technological changes etc.