Effect of Human Capital Development Policy on Staff Performance in Nigerian National Petroleum Corporation Limited (NNPCL)

Keywords: development strategy, human capital, organizational productivity, performance management, staff development

Abstract

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The current study examines the Human Capital Development Policy as a tool for enhancing staff performance in Nigerian National Petroleum Corporation Limited. To achieve this purpose, several hypotheses were formulated to guide the study. For this purpose, several prior studies related to the variables were reviewed. A survey research design was adopted as a method to conduct this study. Precisely, a sample size of forty respondents was randomly selected for the assessment. A questionnaire method was used for the data collection, which was further analyzed by using regression analysis. The significance level of 0.05 was used for the statistical testing of hypotheses, which revealed the effect of policy implementation and employee job satisfaction in NNPCL. The Human Capital Development Policies and programs not only motivated the staff but also reflected better performance in the organization. Furthermore, this study recommended that Nigerian National Petroleum Corporation Limited (NNPCL) should conduct a thorough analysis of the current state of Human Capital Development Policies to identify other areas that require improvement. This assessment should involve evaluating the existing and new policies and practices, identifying gaps, and measuring staff performance metrics. Additionally, it was indicated that should develop a comprehensive human capital development strategy that aligns with the company's goals. This strategy should include training and development programs, mentoring and coaching initiatives, and performance management processes.

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Published
2023-06-29
How to Cite
Zakari, M. (2023). Effect of Human Capital Development Policy on Staff Performance in Nigerian National Petroleum Corporation Limited (NNPCL). Governance and Society Review, 2(1), 32-54. https://doi.org/10.32350/gsr.21.02
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Articles