SUPERVISION AS AN EFFECTIVE MANAGEMENT FUNCTION FOR INCREASED PRODUCTIVITY

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CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

Organizations in most countries including Nigeria now appear to have been overtaken by increasing leadership turbulence and unpredicted financial liableness which this far haws forced business analysis to doubt the positively of the organization productivity. It is generally accepted that the character of supervision in business organization in any country has an important role to play in the grower of the organization. This becomes all the more crucial during a reversionary period when resources are limited and the majority of the organization have an up will task meeting adequately the expectation of their employees in terms of financial benefits.

The list of the area where government interventions are exercises is long and continues favour of economic recovery which internal has led to the reduction in the foreign exchange available to business organization for the importation of most needed raw materials. This measure has affected the levels of return to the organization.

Supervision is an activity that involves getting the job done with an established plan and a desired result (Lubis, 2015). The supervisor needs to ensure that duties and responsibilities are assigned to an employee who has attained minimum qualifications and the roles are clearly understood. Performance supervision is intended to improve learning from experience and learning through doing, guided by the policies and procedures governing the institution. Improvement in efficiency to achieve competitive advantage is among the many ways in which organizations make use of their employees, (Ataullah & Sahota, 2014). In the management of employees’ performance by increasing and sustaining high output continuously, flexibility has proven to be a vital intervention tool for leaders and human resources. This not only supports the development of good work but aims to concretize supervision management in an organised harmonious work environment, (Kelly, Rofcanin, Heras, Ogbonnaya Marescaux & Bosch,2020).

Employee productivity is an evaluation of an employee or employee's effectiveness and it is the actual element that has a direct effect on the company’s profits, (Hanaysha,2016). Productivity is the state of accomplishing organizational intentions and objectives by converting inputs into outputs efficiently for humanity’s advantage. The success and image of any institution depend on the workers, who are the most treasured factor in its production. They have an impact on the company’s quality of service delivery, which contributes to customer satisfaction. Therefore, for organizations to attain competitive advantage, HRM plays a vital part in managing labor (Riaz, 2017).

STATEMENT OF THE PROBLEM AND THE PURPOSE OF STUDY

Internal auditing it can be defined as a review of operations and records sometimes continues undertaking with a business by a special assigned staff.  The main objective is to assure management that the internal chuck and accounting system are effective in design and operation.

1.                  The cases of increasing bad debts resulting form loans issued  to customers given problem to management as a result part of their income is now issued as a provision against these debts in view of requirement of the  prudential  guidelines for licensed banks issued by the CBN in 1990 financial years.