INVESTMENT IN HUMAN CAPITAL AND THE SKILLS NEEDS OF COMPANIES: A CASE STUDY OF PZ CUSSONS GHANA LIMITED

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ABSTRACT

This chapter constitutes the general introduction to the study. It is made up of the background to the study. The background contains general and specific issues on investment in training and development, statement of the problem, the objectives of the study, research questions, scope and significance of the study and the organization of the study. Investment in training and development has been a great concern to management of most organizations. Some of the reasons assigned to these concerns are that employee development has been seen as cost rather than an investment in the United Kingdom (UK) although this is certainly changing in some organizations. Comparatively, UK organizations give little concern to training and development compared with other European countries Harris (2002).

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