THE IMPACT OF TRAINING AND DEVELOPMENT ON EMPLOYEE PRODUCTIVITY IN THE 21ST CENTURY

Main Article Content

Mohammed Nura Adamu
Danjuma Mohammed
John Gana

Abstract

Employees are vital organizational asset that must be proactively or reactively empowered through training and development to bridge the knowledge and skills gap created by the current dynamic working environment. Training and development is a veritable tool used in providing employees with the requisite knowledge and skills to effectively and efficiently undertake job task. This paper aimed at assessing the impact of training and development on employees’ productivity, the identification of the relationship therein and to suggest how business organizations can enhance the productivity of its workforce to meet challenges of the 21st century. The conceptual literature review approach was adopted in this project which involves critically reviewing articles, periodicals, books published in English language between the years 2000 to 2020 with the view of synthesizing information on ‘training and development on employees’ productivity’ based on the analysis from existing studies. The study reveals that employees who are trained are likely to be more skilful, competent, and more proficient in performing their jobs than the employees’ that are not trained. Training and development programs are aimed at upgrading both employee and organizational productivity. It is a process of continuous learning which provides conducive environment for employees to gain various knowledge, skills (personal, technical and professional) and keeping them on the right track towards the achievement of organizational mission, vision and goal. It was concluded that training and development has a positive impact on employee productivity and organizations should lay emphasis and embark on effective training and development of its employees to increase their productivity and gain competitive edge over competitors. Implications for future research may include moderating variables such as age, team work, lifestyle, and level of education.

Downloads

Download data is not yet available.

Article Details

How to Cite
Mohammed, N. A., Mohammed, D., & Gana, J. (2022). THE IMPACT OF TRAINING AND DEVELOPMENT ON EMPLOYEE PRODUCTIVITY IN THE 21ST CENTURY. African Journal of Management and Business Research, 3(1), 41–58. Retrieved from https://publications.afropolitanjournals.com/index.php/ajmbr/article/view/104
Section
Articles
Author Biographies

Mohammed Nura Adamu, Niger State Polytechnic, Zungeru, Bida Campus, Niger State - Nigeria.

Department of Business Administration and Management,

Niger State Polytechnic, Zungeru, Bida Campus, Niger State - Nigeria.

Danjuma Mohammed, Niger State Polytechnic, Zungeru, Bida Campus, Niger State - Nigeria.

Department of Business Administration and Management,

Niger State Polytechnic, Zungeru, Bida Campus, Niger State - Nigeria.

John Gana, Niger State Polytechnic, Zungeru, Bida Campus, Niger State - Nigeria.

Department of Business Administration and Management,

Niger State Polytechnic, Zungeru, Bida Campus, Niger State - Nigeria.

References

Abomeh, O. S & Peace. N.N (2015). Effects of Training on Employees’ Productivity in Nigeria Insurance Industry. British Journal of Economics, Management & Trade, Vol.7(3), pp. 227-235.

Aguinis, H. & Kraiger, K. (2009). ‘Benefits of Training and Development for Individuals and Teams, Organizations, and Society’, Annual Review of Psychology, Vol. 60, pp. 451–474.

Akbar, A., & Mattoo, A. R. (2010). Training Delivery and Methodology among Banks (An Empirical Study). International Journal of Research in Commerce & Management, Vol.1(7), pp. 28-36.

Akdere, M. (2003). Action research paradigm in the field of training and development. Journal of European Industrial Training, Vol. 27 (8), pp. 413–422.

Armstrong, M. (2009). Armstrong's handbook of Human Resource Management Practice (11th ed.). London (UK) and Philadelphia (USA): Kogan Page Limited.

Armstrong, M. (1998); Human Resource Management: Strategy and Action, Irwin, Boston.

Al-Azmi, N., Al-Lozi, M., Zu’bi, Z., & Dahiyat, S. (2012). Patients Attitudes toward Service Quality and its Impact on their Satisfaction in Physical Therapy in KSA hospitals. European Journal of Social Sciences, Vol. 34(2), pp. 300-314.

Almajali, D. A., Masa’deh, R., & Tarhini, A. (2016). Antecedents of ERP Systems Implementation Success: A Study on Jordanian healthcare sector. Journal of Enterprise Information Management, Vol. 29(4), 549-565.

Alshurideh, M., & Alkurdi, B. (2012). The Effect of Customer Satisfaction upon Customer Retention in the Jordanian mobile market: An Empirical Investigation. European Journal of Economics, Finance and Administrative Sciences, Vol. 47(12), pp. 69-78.

Altamony, H., Tarhini, A., Al-Salti, Z., Gharaibeh, A. & Elyas, T. (2016). The Relationship Between Change Management Strategy and Successful Enterprise Resource Planning (ERP) Implementations: A Theoretical Perspective. International Journal of Business Management and Economic Research, Vol. 7(4), pp. 690-703.

Asim, M. (2013). ‘Impact of Motivation on Employee Performance with Effect of Training: Specific to Education Sector of Pakistan’, International Journal of Scientific and Research Publications, Vol. 3(9), pp. 1-9.

Baum, T. (2007) ‘Skills, Training and Development within an Insular Labour Market: The Changing Role of Catering Managers in the Healthcare Environment’, Journal of Management Development, Vol. 26(2), pp. 132-147.

Baron, A. & Armsthong, M. (2007). Human Capital Management: Achieving Added Value through People. USA: Kogan Page Limited.

Barrett, A. & O'Connell, P. J. (1999). Does Training Generally Work? The Returns to In-Company Training, IZA Discussion Papers, No. 51, Institute for the Study of Labor (IZA), Bonn. [online]. Available at: http://hdl.handle.net/10419/20887. [Accessed; 19 Sept., 2019].

Barsh, J., Capozzi, M. M., & Davidson, J. (2008). “An Executive take on the top Business Trends”, a McKinsey Global Survey. McKinsey Quarterly (2008), [online]. Available at: https://www.immagic.com/eLibrary/ARCHIVES/GENERAL/MCKNSYUS/M080104B.pdf [Accessed 18 may, 2019].

Bartel, A. (2004). Human Resource Management and Organizational Performance: Evidence from Retail Banking. Industrial and Labour Relations Review, Vol. 57(2), pp.181- 203.

Becker, G.S. (1993). Human Capital: A Theoretical and Empirical Analysis with Special

Reference to Education (3rd Ed.). Chicago: University of Chicago Press.

Bhat, Z. H. (2013). Impact of Training on Employee Performance: A Study of Retail Banking Sector in India. Indian Journal of Applied Research, Vol. 3(6), pp. 292-293.

Bramley, P. (2003). Evaluating Training (2nd ed.). CIPD UK.

Brown, M. (2008). Assessment Methods in Recruitment, Selection and Performance: A Manager's Guide to Psychometric Testing, Interviews and Assessment Centres. Library Review, Vol. 57(2), pp.158-160.

Chen, H. C., Holton, E. F., & Bates, R. (2005). Development and Validation of the Learning Transfer System Inventory in Taiwan. Human Resource Development Quarterly, Vol. 16 (1), pp. 55-84.

Chen, H. M. & Lin, K.J. (2005). The Role of Human Capital Cost in Accounting. Journal of

Intellectual Capital, Vol. 5 (1), pp. 116 – 130.

Cole, G.A. (2002). Personnel and Human Resource Management, 5th Ed. Continuum London: York Publishers.

Chiaburu, D.S. & Tekleab, A.G. (2005) Individual and Contextual Influences on Multiple Dimensions of Training Effectiveness. Journal of European Industrial Training, Vol. 29(8), pp. 604-626.

Colombo, E., & Stanca, L. (2008): “The Impact of Training on Productivity: Evidence from a Large Panel of Firms,” Working papers 134, University of Milano-Bicoca. [Online]. Available at: https://EconPapers.repec.org/RePEc:mib:wpaper:134 [Accessed on 29 June, 2019].

Dearden, L., Reed, H., & Reenan, J.V. (2006). “The Impact of Training and Productivity and Wages: Evidence from British Panel Data,” Oxford Bulletin of Economics and Statistics, Vol. 68(4), pp. 397- 421.

Dessler, G. (2005). Human Resource Management (10th Ed.). London: Prentice Hall. 14.

Dessler, G., & Varkkey, B. (2009). Human Resource Management (11th Ed). Amazon Paperback Publishers: Pearson Education.

Elnaga A. & Imran, A. (2013). "The Effect of Training on Employee Performance". European Journal of Business and Management, Vol. 5(4), pp. 137-147.

Falola, H. O., Osibanjo, A. O. & Ojo, S. I. (2014). Effectiveness of Training and Development on Employees’ Performance and Organisation Competitiveness in the Nigerian Banking Industry. Bulletin of the Transilvania University of Braşov Series V: Economic Sciences, Vol. 7 (56) No. 1. Pp. 161-170.

Ferreira, A., & Du Plessis, T. (2009). Effect of Online Social Networking on Employee Productivity. South African Journal of Information Management, Vol. 11(1), pp. 1-11.

Fitz-enz, J. (2009). The Return on Investment of Human Capital. Second edition. USA: JamacomAmercian Management Association

Garavan, T.N. (1997). Training, Development, Education and Learning: Different or the Same? Journal of European Industrial Training, Vol. 21(2), pp. 39–50.

Glaveli, N. & Karassavidou, E. (2011) Exploring a Possible Route through which Training affects Organizational Performance: The Case of a Greek Bank. The International Journal of Human Resource Management, Vol. 22 (14), pp. 2892-2923

Guest, D. E. (1997). Human Resource Management and Industrial Relations. Journal of Management Studies, Vol. 24 (5), pp. 503–521.

Hajir, J. A., Obeidat, B. Y., & Al-dalahmeh, M. A. (2015). The Role of Knowledge Management Infrastructure in Enhancing Innovation at Mobile Telecommunication Companies in Jordan. European Journal of Social Sciences, Vol. 50(3), pp. 313-330.

Hameed, A., & Waheed, A. (2011). Employee development and its effect on employee performance: A Conceptual Framework. International Journal of Business and Social Science, Vol. 2 (13), pp. 224-229.

Hameed, A., & Amjad, S. (2009). Impact of Office Design on Employee’s Productivity: A Case Study of Banking Organizations of Abbottabad, Pakistan. Journal of Public Affairs, Administration and Management, Vol. 3(1), pp.1-13.

Hanaysha, J. (2016). Testing the Effects of Employee Empowerment, Teamwork, and Employee Training on Employee Productivity in Higher Education Sector. International Journal of Learning & Development, Vol. 6 (1), pp. 164-178.

Hazra, K., Ghosh, P., & Sengupta, P.P (2017). Importance of Training and Development and its Impact on Employees’ of Hotels in Kolkata, India: An empirical study. Journal of Tourism and Hospitality Management, Vol. 5 (2), pp. 23-33.

Hung, T. K. (2010). An Empirical Study of the Training Evaluation Decision-making Model to Measure Training Outcome. Journal of Social Behaviour and Personality, Vol. 38(1), pp. 87-102.

Hutchings, K., Zhu, C. J., Cooper, B. K., Zhang, Y. & Shao, S. (2009): “Perceptions of the Effectiveness of Training and Development of ‘Grey collar’ Workers in the People’s Republic of China”. Human Resource Development International, Vol.12 (3), pp. 279-296.

Imran, M. & Tanveer, A (2015). Impact of Training & Development on Employees’ Performance in Banks of Pakistan. European Journal of Training and Development Studies, Vol. 3 (1), pp.22-44.

Infande, A. (2015). The Four Basic steps in the Training Process, Kindle Edition

Jeffrey, M. A. (2005). Strategic Human Resource Management. Second Edition. South-Western College Pub.

Jelena, V. (2007): “Employee Training and Development and The Learning Organization”. Facta Universitatis Series; Economics and Organization, Vol. 4 (2), pp. 209 – 216.

Jones, G.R. & Wright, P.M. (1992), “An Economic Approach to Conceptualizing the Utility of Human Resource Management Practices”, in Rowland, K. and Ferris, G. (Eds), Research in Personnel and HRM, Vol. 10, pp. 31-72. Greenwich, CT: JAI Press.

Kaur, J. (2016). Impact of Training and Development Programmes on the Productivity of Employees in the Banks. Journal of Strategic Human Resource Management. Vol. 5 (1), pp. 48-53.

Kawara, P. (2014). Effects of Reward Systems on Employee Productivity in Catholic University of Eastern Africa. International Journal of Recent Research in Commerce Economics and Management, Vol. 1(2), pp. 1-4.

Khan, T., Jam, F., Akbar, A., Khan, M., & Hijazzi, S. (2011). Job Involvement as Predictor of Employee Commitment: Evidence from Pakistan. International Journal of Business and Management, Vol. 6(4), pp. 252-262.

Khan, A. G., Khan, F. A., & Khan, M. A. (2011). Impact of Training and Development on Organizational Performance. Global Journal of Management and Business Research, Vol.11(7), pp. 63-68.

Jehanzeb, K. & Bashir, N.A. (2013). Training and Development Program and its Benefits to Employee and Organization. (A Conceptual Study). European Journal of Business and Management, Vol. 5(2), pp. 243-252.

Kien, B. T. (2012). Factors affecting the Fluctuation of Labour Productivity in the Construction Projects. (Master Thesis, University of Economics), Ho Chi Minh, Vietnam.

Konings, J., & Vanormelingen, S. (2010). “The Impact of Training on Productivity and Wages: Firm Level Evidence,” IZA Discussion Paper 4731, Institute for the study of Labour (IZA), Bonn, [Online]. Available at: http://ftp.iza.org/dp4731.pdf [Accessed on 20 June 2019].

Kulkarni, P.P. (2013). A Literature Review on Training & Development and Quality of Work

Life. Journal of Arts, Science & Commerce, Vol. 4 (2), pp. 136-143.

Lottum, J. V. Z., & Jan L.V. (2014). Labour Productivity and Human Capital in the European Maritime Sector of the Eighteenth Century. Explorations in Economic History, Vol 53. pp. 83-100,

Mahmood, K & Azhar, S M. (2015). Impact of Human Capital on Organizational Performance: A case of Security Forces. Pakistan Journal of Science. Vol. 67 (1), pp. 102-108.

Mamoria, C.B. (1995). Personnel Management, Himalaya Publishing House New Delhi.

Masa’deh, R. (2013). The Impact of Information Technology Infrastructure Flexibility on Firm Performance: An Empirical Study of Jordanian Public Shareholding Firms. Jordan Journal of Business Administration, Vol. 9 (1), pp. 204-224.

Masa’deh, R., Tarhini, A., Al-Dmour, R. H., & Obeidat, B. Y. (2015). Strategic IT-Business Alignment as Managers’ Explorative and Exploitative Strategies. European Scientific Journal, Vol. 11(7), pp. 437-457.

Masa’deh, R., Obeidat, B., & Tarhini, A. (2016). A Jordanian empirical study of the Associations among Transformational leadership, Transactional leadership, Knowledge sharing, Job performance, and Firm performance: A structural equation modelling approach. Journal of Management Development, Vol. 35(5), pp. 681-705.

McClelland, S. D. (2002). "A Training Needs Assessment for the United Way of Dunn County Wisconsin". The Graduate School, University of Wisconsin-Stout, Menomonie, USA, Retrieved from http://www2.uwstout.edu/content/lib/thesis/2002/2002mcclellands.pdf. [Accessed on 17 June 2019].

McKinsey Quarterly (2006). An Executive take on the top Business Trends. A McKinsey Global Survey. [Online]. Available at: https://www.coursehero.com/file/13243249/Business-Trend/ [accessed June 28, 2019].

Mathis, R.L., & Jackson, J.H. (2008). Human Resource Management. (12th ed.). Cengage Learning.

Meyer, P.J. & Smith, A.C. (2000), “HRM Practices and Organisational Commitment: Test of a Mediation Model”, Canadian Journal of Administrative Sciences, Vol. 17 (4), pp. 319-331.

Najeeb, A. (2013). The Impact of Training and Information and Communication Technology on Employees Performance: An Empirical Study on Pharmaceutical Manufacturing Companies in Amman, Master’s Dissertation, Middle East University, Amman, Jordan. [Online]. Available at: https://www.meu.edu.jo/uploads/1/58734c8ae5797_1.pdf [Accessed on 10 June 2019].

Nelson, J., Hilary, V. & Michael, N. (2012). Relationship between on the Job Training and Employee’s Performance in Courier Companies in Dar es Salaam, Tanzania, International Journal of Humanities and Social Science, Vol. 2 (22), pp. 114-120.

Newstrom, J. (2002) Making Work Fun: An Important Role for Managers. Advanced Management Journal, Vol. 67 (1), pp. 4–8.

Nezan, H. K; Ataffar, A; Isfani, A. N; & Shahin, A. (2013). The Impact of Structural Capital on New Product Development Performance Effectiveness: The Mediating Role of New Product Vision and Competitive Advantage. International Journal of Human Resource Studies, Vol. 3 (4), pp. 281-301.

Nilsen, J. H. (2002). “Trade Credit and the Bank Lending Channel”, Journal of Money, Credit and Banking, Blackwell Publishing, Vol. 34(1), pp. 226-253.

Nishtha, L. & Amit M. (2010), “How Training Jump-Starts Employee Performance”, Indian Management, Vol. 49 (6), pp. 14-18.

Ngu, S.M. (1994). Personnel Management in Nigeria, Principles and Practice; Zaria:

Noe, R. A. (2008). Employee Training & Development. New York: MacGraw-Hill, Inc.

Onyango, J. & Wanyoike, D. (2014). "Effects of Training on Employee Performance: A Survey of Health Workers in Siaya County, Kenya", European Journal of Material Sciences, Vol. 1(1), pp. 11-15.

Owens, P. L. (2006). One more reason not to cut your training budget: The Relationship Between Training and Organisational Outcomes. Public Personnel Management, Vol. 35(2), pp. 163-171.

Orozco, J., Tarhini, A., Masa’deh, R., & Tarhini, T. (2015). A framework of IS/Business Alignment Management Practices to Improve the Design of IT Governance Architectures. International Journal of Business and Management, Vol. 10(4), pp. 1-12.

Obeidat, B. Y., Al-Suradi, M., & Tarhini, A. (2016). The Impact of Knowledge Management on Innovation: An Empirical Study on Jordanian Consultancy Firms. Management Research Review, Vol. 39(10), pp. 1214-1238.

Obeidat, B. Y., Al-Sarayrah, S., Tarhini, A., Al-Dmour, R. H., Al-Salti, Z., & Sweis, R. (2016). Cultural Influence on Strategic Human Resource Management Practices: A Jordanian Case Study. International Business Research, Vol. 9(10), pp. 94-114.

Obeidat, B. Y., Hashem, L., Alansari, I, Tarhini, A., & Al-Salti, Z. (2016). The Effect of knowledge Management uses on Total Quality Management Practices: A Theoretical Perspective. Journal of Management and Strategy, Vol. 7(4), pp. 18-29.

Obisi, C. (2011). Employee Training and Development in Nigerian Organisations: Some observations and agenda for research. Australian Journal of Business and Management Research, Vol. 1 (9), pp. 82-91.

Philip, O. O., & Ikechukwu, D. (2018). Impact of Human Capital Development on Employee Performance: A study of Selected Oil Service Firms in Rivers State, Nigeria. International Journal of Social Sciences and Management Research, Vol. 4 (3), pp 56-69.

Pilbeam, S., & Corbridge M. (2002). People Resourcing: HRM in practice (2nd ed.). UK: Financial times, prentice hall.

PwC, (2018). Will robots really steal our jobs? An international analysis of the potential long-term impact of automation. [Online]. Available at: https://www.pwc.co.uk/economic-services/assets/international-impact-of-automation-feb-2018.pdf .[Accessed on 18 June 2019].

Rama, V. D. & Nagurvali, S. (2012): “Training & Development – A Jump Starter for Employee Performance and Organizational Effectiveness”. International Journal of Social Science & Interdisciplinary Research, Vol.1(7), pp. 202-207.

Riyaz, R. (2004). Training Effectiveness in Public Sector and Private Sector Commercial Banks: A Micro-Level Comparative Study. Management and Change, Vol.8(1 & 2), pp. 49-67.

Ruth, T. & Doug, D. (2004). "Aspects of Training and Remuneration in the Accommodation Industry: A comparison between Australian and Singaporean providers". Journal of European Industrial Training, Vol. 28 (6), pp. 466-473,

Romer, P.M. (1990). Capital, Labour and Productivity Brookings papers on Economic

Activity micro- economics, Vol. 21(1990), pp. 337- 367.

Rowden, R.W. & Conine Jr., C.T. (2005) The Impact of Workplace Learning on Job Satisfaction in Small US Commercial Banks. Journal of Workplace Learning, Vol. 17 (4), pp. 215-230.

Sabir, R. I., Akhtar, N., Bukhari, F. A. S., Nasir, J., & Ahmed, W. (2014). Impact of Training on Productivity of Employees: A Case study of Electricity Supply Company in Pakistan. International Review of Management and Business Research, Vol. 3(2), pp. 595-606.

Salas, E., Tannenbaum, S. I., Kraiger, K., & Smith-Jentsch, K.A. (2012). The Science of Training and Development in Organizations: What matters in practice. Psychological Science in the Public Interest, Vol. 13(2), pp. 74-101.

Satterfield, J. M. & Hughes, E. (2007). Emotion Skills Training for Medical Students: A Systematic Review. Medical Education, Vol. 41(10), pp. 935–941.

Sepúlveda, F. (2010). Training and productivity: evidence for US manufacturing industries. Oxford Economic Papers, Vol. 62(3), pp. 504-528.

Shannak, R., & Almajali, D. (2010). Information Technology Investments: A literature review. Proceedings of the 14th IBIMA Conference on Global Business Transformation through Innovation and Knowledge Management: An Academic Perspective, Istanbul-Turkey, 23rd-24th June, pp.1356-1368.

Sheeba, H. (2011), “A Study of Effectiveness of Training and Development Programmes of UPSTDC, India – An analysis”. South Asian Journal of Tourism and Heritage, Vol. 4 (1), pp. 72-82.

Singh, R., & Mohanty, M. (2012). Impact of training practices on employee productivity: A comparative study. Inter-science Management Review (IMR), Vol. 2(2), pp. 87-92.

Sultana, A., Irum, S., Ahmed, K., & Mehmood, M. (2012). Impact of training on employee performance: A Study of telecommunication sector in Pakistan. Interdisciplinary Journal of Contemporary Research in Business, Vol. 4(6), pp. 646-661.

Sumual, T., Kawulur, A. F., & Manaroinsong, J. (2017). “Increasing Employee Productivity through Human Capital and Organizational Capital.” International Journal of Business and Management Invention (IJBMI), Vol. 6 (9), pp. 16–21.

Swanson, R.A., & Holton, E.F., (2001). Foundations of Human Resource Development. Berrett-Koehler, San Francisco, CA.

Swart, J., Mann, C., Brown, S. & Price, A. (2005). Human Resource Development: Strategy and Tactics, Elsevier Butterworth-Heinemann Publications, Oxford.

Tahir, N., Yousafzai, I. K., Jan, S., & Hashim, M. (2014). The Impact of Training and Development on Employees Performance and Productivity: A case study of United Bank Limited Peshawar City, KPK, Pakistan. International Journal of Academic Research in Business and Social Sciences, Vol. 4 (4), pp. 86-98.

Training Industry, (2012). Top 20 Training Outsourcing Companies, Available at:

http://www.trainingindustry.com/training-outsourcing/top-companies-listings/2012/2012-top-20-training-outsourcing-companies.aspx. [Accessed on 20 June, 2019].

United Nations Economic Commission for Africa (1991). Africa’s Human Resource Agenda for 1990s and beyond. Report of the Fourth Meeting of the ECA conference of Ministers Responsible for Human Resources planning Development and utilization. [Online]. Available at: http://repository.uneca.org/bitstream/handle/10855/1803/Bib-13323.pdf?sequence=1 [accessed 6 July 2019].

Valle, R., Martin, F., Romero, P.M. & Dolan, S. (2000), “Business strategy, work processes and human resource training: are they congruent?”. Journal of Organizational Behaviour, Vol. 21(3), pp. 283-297.

Vasudevan, H. (2014). Examining the Relationship of Training on Job Satisfaction and Organizational Effectiveness. International Journal of Management and Business Research, Vol. 4(3), 185-202.

Verma, S. & Goyal, R. (2011). A Study of Training in Insurance and their Impact on Employees Productivity”. International Journal of Research in Economics and Social Sciences, Vol. 1(1), pp. 31-45.

Vrat, P., Sardana, G. D., & Sahay, B. S. (2009). Productivity Measurement for Business Excellence. Alpha Science International, Oxford, U. K.

Wajidi, A. & Tabassum, S. (2016). Dynamics of Training & its Vital Role for Organizational Development. International Journal of Managerial Studies & Research (IJMSR), Vol. 4 (3), pp. 18-24.

Weatherly, A.L (2003). The Value of People: The Challenges and Opportunities of Human

Capital Measurement and Reporting, Research Quarterly, Society for Human Resources Management. [Online]. Available at: https://www.academia.edu/2654597/The_Value_of_People_The_Challenges_and_Opportunities_of_Human_Capital_Measurement_and_Reporting [Accessed: 28 June 2019].

Wheelen, T. L. & Hunger, J. D. (2012). Strategic Management and Business Policy: Toward Global Sustainability. Pearson/Prentice Hall, NJ: USA.

World Economic Forum, (2018). Towards a Reskilling Revolution: A Future of Jobs for All. [online]. Available at: http://www3.weforum.org/docs/WEF_FOW_Reskilling_Revolution.pdf [Accessed 18 May, 2019].

Wright, P. & Geroy, D.G. (2001), “Changing the Mindset: The training myth and the need for word-class-performance”. International Journal of Human Resource Management, Vol. 12 (4), pp. 586-600.

Youndt, M.A., Snell, S.A., Dean, J.W. & Lepak, D.P. (1996), “Human Resource Management,

Manufacturing Strategy and Firm Performance”. Academy of Management Journal, Vol. 39(4), pp. 836-66.

Zhou, Y., Zhang, Y., & Montoro-Sánchez, Á. (2011). Utilitarianism or Romanticism: The Effect of Rewards on Employees’ Innovative Behaviour. International Journal of Manpower, Vol. 32(1), pp. 81-98.