AN EVALUATION OF STRATEGIC HUMAN RESOURCE MANAGEMENT PRACTICES IN NIGERIA

The purpose of this study is to evaluate the practice of strategic human resource management and its impact on corporate performance.

A survey including twenty six likert scale questions was conducted and distributed to a sample size of 200 participants comprising of the head of HR departments with other senior and middle management staff of the organizations under study.

The findings of the study revealed that some of the SHRMP are fully in place in the organizations, while others such as Employment security is not guaranteed in any of the organizations, Stock/profit sharing is also not fully adopted by some of the organizations.

The findings showed that strategic human resources management practices are an important and indispensable tool for any corporate performance and survival.

For any organization to achieve strategic advantage all human resources management functions should be designed according to the need of the organization and support the strategic planning process.

These functions should be transformed to a more strategic and proactive roles that will place the organizations in a more competitive position.HR must focus on new set of strategic priorities and development of workforce plan designed to support the organization strategic objectives.

TABLE OF CONTENTS   

Title page ----------------------------------------------------------------------------------i Declaration--------------------------------------------------------------------------------ii Certification------------------------------------------------------------------------------iii Dedication--------------------------------------------------------------------------------iv Acknowledgement----------------------------------------------------------------------v Abstract-----------------------------------------------------------------------------------vi

 Table of contents----------------------------------------------------------------------vii 

List of Tables----------------------------------------------------------------------------xii

 List of Figures--------------------------------------------------------------------------xiii 

CHAPTER ONE: INTRODUCTION 

1.1. Introduction-------------------------------------------------------------------------1 

1.2. Background-------------------------------------------------------------------------3 

1.3. Statement of the Research problem-----------------------------------------5 

1.4. Research Questions--------------------------------------------------------------5 

1.5. Objectives of the study----------------------------------------------------------6  

1.6. Significance of the study--------------------------------------------------------6 

1.7. Statement of the Hypothesis---------------------------------------------------7 

1.8. Justifications for the study------------------------------------------------------9 

1.9. Scope of the Study--------------------------------------------------------------10 

1.10. Definition of Terms------------------------------------------------------------10 

7  1.11. End of Chapter References-------------------------------------------------11 

CHAPTER TWO: LITERATURE REVIEW ON SUBJECT MATTER 

2.0. Introduction-----------------------------------------------------------------------14  

2.1. The concept of strategic human resource management -------------16 

2.2. Strategic human resourcing and corporate performance-------------18

 2.3. Theoretical framework---------------------------------------------------------19         

2.3.1. Contingency Theory---------------------------------------------------19         

2.3.2. The Resource based Theory----------------------------------------20         

2.3.3. The Human resource Theory----------------------------------------21         

2.3.4. The human capital Theory-------------------------------------------22        

 2.3.5. The social capital Theory---------------------------------------------22

 2.4. Conceptual Framework--------------------------------------------------------23        

2.4.1. Relationships among the variables--------------------------------24 

2.5. The strategic dimension of human resources management----------25         

2.5.1. Recruiting and Selection---------------------------------------------26         

2.5.2. Training-------------------------------------------------------------------26         

2.5.3. The Degree of formalization-----------------------------------------26         

2.5.4. Compensation-----------------------------------------------------------26        

 2.5.5. Communications--------------------------------------------------------27        

 2.5.6. Management skills of HR professionals--------------------------27 

2.6. Elements of human Resource Management Strategies---------------27        

2.6.1. Acquisitions---------------------------------------------------------------28 

8         2.6.2. Development-------------------------------------------------------------28           

2.6.3. Motivation---------------------------------------------------------------29           

2.6.4. Maintenance-----------------------------------------------------------29 

2.7. Planning for human resources strategies---------------------------------30        

2.7.1 Requirements------------------------------------------------------------ 30       

 2.7.2. Availability-----------------------------------------------------------------31 

2.8. Literature reviews on variables of study-----------------------------------31         

2.8.1. Independent Variables-------------------------------------------------31        

2.8.2. Strategic Training---------------------------------------------------------2        

2.8.3. Internal Career Opportunities----------------------------------------32        

2.8.4. Result oriented Performance appraisal----------------------------32        

2.8.5. Stock, profit sharing----------------------------------------------------32        

2.8.6. Employment securities-------------------------------------------------32 

2.9. Dependent Variables-----------------------------------------------------------33 

2.10. The new HR Roles------------------------------------------------------------33 

2.11. Human resource as partners in strategy execution-------------------34  

2.12. Organizational strategy and human resource           Management strategy--------------------------------------------------------35 

2.13. Importance of Human resource management strategy to           Organizations-------------------------------------------------------------------36 

2.14. Evaluating strategic human resource management           Performance -------------------------------------------------------------------38 

9  2.15. Judgement of performance--------------------------------------------------39

 2.16. Impact of strategic and innovative HRMP          On organizations---------------------------------------------------------------40 References------------------------------------------------------------------------------40                   

 CHAPTER THREE:  RESEARCH METHODOLOGY 

3.0. Area of study---------------------------------------------------------------------43

 3.1. Sources of Data------------------------------------------------------------------43 

3.2 Sampling Techniques-----------------------------------------------------------44

 3.3 Method of Data Collection-----------------------------------------------------44 

3.4. Method of Data Analysis-------------------------------------------------------45       

 3.4.1. Least Square Regression Analysis---------------------------------45 

3.5. Limitations of the study--------------------------------------------------------46 

End of chapter references----------------------------------------------------------46             

CHAPTER FOUR:  DATA ANALYSIS, FINDINGS AND DISCUSION 

4.0. Introduction-----------------------------------------------------------------------47 

4.1. Findings of the study-----------------------------------------------------------48 

4.2. Discussion of the Findings----------------------------------------------------53 

End of chapter references----------------------------------------------------------54                 

CHAPTER FIVE:  FINDINGS, CONCLUSION AND RECOMMENDATION 

5.0. Summary of Findings-----------------------------------------------------------55 

5.1. Conclusions-----------------------------------------------------------------------55 

5.2. Recommendations--------------------------------------------------------------56

Bibliography----------------------------------------------------------------------------59

Appendix A------------------------------------------------------------------------------63

Appendix B------------------------------------------------------------------------------64