EFFECT OF HUMAN ASSET DEVELOPMENT ON ORGANIZATIONAL PERFORMANCE IN NIGERIA
EFFECT OF HUMAN ASSET DEVELOPMENT ON ORGANIZATIONAL PERFORMANCE IN NIGERIA

Summary/Abstract: To survive, organizations must explore all available avenues that can bring about competitive advantage. It is important that firms truly leverage on the workforce as a competitive weapon, thus the study examined the impact of human asset development on organizational performance. The specific objectives were to: examine the impact of employee self-efficacy on organizational efficiency and ascertain the influence of employee’s experience on organizational survival. The study adopted survey research design while the population of the study constitute of 138 employees of CBN Ilorin Branch Kwara state, Nigeria. A sample size of 102 respondents was arrived at using Taro Yamane’s (1976) formula. A structured questionnaire was developed by the study which was validated and distributed by the researcher using simple random sampling techniques to the respondents of central bank of Nigerian in Ilorin, Kwara State, Nigeria. The study was analyzed using multiple regression analysis. The findings of the study revealed that Employee’s self-efficacy has a significant impact on organizational efficiency with R2= 85% p-value=0.000, and that Employee experience is affected by organizational survival with R2= 99% p-value=0.000, as employees progress on the job and work in cordial relationship with their boss/supervisors, self believe on accomplishing task quicker and better is improved. The study recommended that Employee self-confidence is important for the job as the competency and capability of employees.

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