PROBLEM OF HUMAN RESOURCES MANAGEMENT AND THEIR IMPACT ON ORGANIZATIONAL PERFORMANCE

Abstract

This project is focused on the problem of Human Resources Management in the Ecobank Nigeria Plc, Asaba. The chapter one of this project work focused on the meaning and function of Human Resources Management also the problem which is human being or the personnel on how to deal with them. What leads to Human Resources Management Problem and their Impact to the Organization today. In order to maximize the economic and social well being of workers. This chapter further highlighted the Ecobank Nigeria Plc profile, the statement of problems, the purpose of the study and the hypotheses with significances. In chapter two, we have the review of literature. The management of organization was introduced and briefed, following with some definitions of Human Resources Management by various theorists and schools of thought, also the Impact of Human Resource Management in an Organizational Performance and Federal Laws affecting human resources management and also the problem of personnel management.

 CHAPTER ONE

INTRODUCTION

1.1Background of the study

Human Resource Management is not new though misunderstood. Every organization set up so long there are people working there consciousy or unconsciously deals with Human Resources management and its attendant problems. Human Resources Management is dynamic and the source and failure of any organization depends on the human resources. This is because every other resource material, financial and so forth resolves around and indeed controlled by the human resources. There is no gain-saying that the greatest of all resources at the disposal of any organization is the personnel (Human resources). Considering this, the need for effective and efficient human resource management in any organization cannot be overlooked or ignored. This report seeks therefore to study or investigate human resources management practices in some Nigeria establishments. Human resource management is changing very rapidly. Constant environmental changes mean that human resource managers face constant challenges. Human resource managers must respond by taking advantage of gradual yet profound changes in the nature of the field, current practices, and overall human resource management policies, mission and vision. The amount and rate of change are unprecedented (Idalberto, 2001). Organizations that will not adapt to meet environmental challenges will experience strategic problems (Thathi, 2008). Contemporary human resource managers need to learn to be competent professionals as the challenges posed by the new millennium are very complex, for example, from the industrial age to the information age, work performed in factories by machines is being replaced by work in offices or at computer terminals, and instead of working with things; people increasingly work with ideas and concepts (Idalberto, 2001). Human resource management functions are concerned with the management and development of people in organizations. They are involved in the development and implementation of human resource strategies and policies and some or all of the following people management activities: organization development, human resource planning, talent management, knowledge management, recruitment and selection, learning, health and safety, welfare, human resource administration, fulfillment of statutory requirements, equal opportunity and diversity issues, and any other matters related to the employment relationship (Armstrong, 2008). Further, as indicated by Dessler G. (2003) human resource management is the process of acquiring, training, appraising and compensating employees, and attending to their labour relations, health, safety and fairness concepts. Because of continuous changing socio-economic, technological and political conditions, the human resource managers of the future shall have to face more problems in the management of labor. The human resource managers of today may find themselves obsolete in the future due to changes in environment if they do not update themselves some of the important challenges which might be faced by the managers in the management of people in business and industry.