IMPERATIVES OF STRATEGY IN HUMAN RESOURCE TRAINING OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
IMPERATIVES OF STRATEGY IN HUMAN RESOURCE TRAINING OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
Author(s): Akeem Tunde Nafiu, Folashade Olufunke Obaje, Salisu YakubuSubject(s): Education, National Economy
Published by: Универзитет у Нишу
Keywords: human resource training; strategy; growth objectives; business game; talent war
Summary/Abstract: This study focused on the imperatives of strategy in human resource training for Small and Medium scale Enterprises in Nigeria. This study aimed at investigating whether Strategic Human Resource Training can facilitate the achievement of SMEs growth objectives in Nigeria. This study selected 18 Micro-Small and Medium Scale Enterprises in Nigeria, with the population of 232 (32 SME owners and 200 employees). The study determined its sample size through Taro Yamane sampling method, and used Bowler’s Proportional Allocation formula to distribute samples to its varying universe. Data and information were gathered through primary and secondary sources. This study analyzed the data collected with descriptive method and tested hypothesis with Likert statistical method. The study revealed that Strategic Human Resource Training can facilitate the achievement of SMEs growth objectives in Nigeria. Thus, the study concluded that strategic human training programme can serve as the bedrock of success for SMEs, and can engineer knowledge, initiatives, innovativeness and confidence, competitiveness and the achievement of positive payoff. The study therefore recommends that SME owners should integrate effective strategy to human resource training such that growth objectives can be facilitated and achieved.
Journal: FACTA UNIVERSITATIS - Economics and Organization
- Issue Year: 12/2015
- Issue No: 3
- Page Range: 225-235
- Page Count: 11
- Language: English