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Challenges in the Era of Globalization - iaabd

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<strong>Challenges</strong> <strong>in</strong> <strong>the</strong> <strong>Era</strong> <strong>of</strong> <strong>Globalization</strong><br />

Edited by Emmanuel Obuah<br />

Our study results also ascerta<strong>in</strong>ed <strong>the</strong> benefits that employees acquire after T&D. The benefits are that<br />

employees become more reliable on <strong>the</strong>ir duties (84.8%), trust worth<strong>in</strong>ess (73.3%), Openness to<br />

customers (80.4%), Responsiveness to co-workers (73.9%), Innovativeness (73.9%), friendl<strong>in</strong>ess and<br />

teamwork (69.6%) and <strong>in</strong>crease <strong>in</strong> personal <strong>in</strong>itiative (76.1%). These benefits accord<strong>in</strong>g to respondents<br />

have a positive impact on service delivery <strong>in</strong> <strong>the</strong> Banks. These revelations <strong>in</strong>deed found support for <strong>the</strong><br />

assertion that T&D ensures that employees have <strong>the</strong> capabilities and skills to enable <strong>the</strong>m to be more<br />

effective <strong>in</strong> <strong>the</strong> workplace, and that learn<strong>in</strong>g through T&D creates an understand<strong>in</strong>g <strong>of</strong> how to work more<br />

effectively as part <strong>of</strong> a team, and <strong>the</strong>refore enhanc<strong>in</strong>g <strong>the</strong> employee’s role <strong>in</strong> contribut<strong>in</strong>g to <strong>the</strong><br />

organization (Bloisi, 2007).<br />

In addition, our current study showed that most Banks <strong>in</strong> Ghana follow a standard pattern <strong>in</strong> determ<strong>in</strong><strong>in</strong>g<br />

T&D courses for <strong>the</strong>ir staff. Among <strong>the</strong> criteria that <strong>the</strong> Banks use <strong>in</strong> <strong>the</strong> determ<strong>in</strong>ation <strong>of</strong> T&D<br />

programmes are: T&D programmes are organized to meet <strong>the</strong> challenges <strong>of</strong> <strong>the</strong> latest Bank<strong>in</strong>g<br />

technology, to reduce or replenish skill deficiencies <strong>in</strong> staff, to tra<strong>in</strong> new staff on-<strong>the</strong> job, tra<strong>in</strong> staff to<br />

improve <strong>the</strong>ir <strong>in</strong>novative skills, and to motivate workers. These f<strong>in</strong>d<strong>in</strong>gs give answers to our research<br />

question (RQ 1) which stated that: ‘What are <strong>the</strong> factors that <strong>in</strong>fluence T&D <strong>in</strong> Ghanaian Banks?’<br />

The study f<strong>in</strong>d<strong>in</strong>gs also showed that respondents were candid to give <strong>the</strong>ir op<strong>in</strong>ions on how T&D could<br />

effectively enhance <strong>the</strong> performances <strong>of</strong> banks <strong>in</strong> Ghana. Respondents surveyed believed that appropriate<br />

tra<strong>in</strong><strong>in</strong>g needs analysis, capacity build<strong>in</strong>g and employee empowerment, target sett<strong>in</strong>g for staff, monitor<strong>in</strong>g<br />

and evaluation, On-<strong>the</strong> job-tra<strong>in</strong><strong>in</strong>g, appropriateness <strong>of</strong> tra<strong>in</strong><strong>in</strong>g resources; learn<strong>in</strong>g best practices <strong>of</strong><br />

Bank<strong>in</strong>g operations, <strong>in</strong>crease <strong>in</strong> time period for tra<strong>in</strong><strong>in</strong>g, and <strong>in</strong>volv<strong>in</strong>g employees on tra<strong>in</strong><strong>in</strong>g decisions<br />

mak<strong>in</strong>g, motivation <strong>of</strong> Bank staff and improvement on quality <strong>of</strong> job were some <strong>of</strong> <strong>the</strong> key setbacks <strong>of</strong> <strong>the</strong><br />

Ghanaian banks.<br />

Conclusion and Implications <strong>of</strong> <strong>the</strong> Study<br />

The study has shown <strong>the</strong> important relationship between T&D and bank performance. The study thus call<br />

for a serious look at <strong>the</strong> operations <strong>of</strong> <strong>the</strong> Ghanaian bank<strong>in</strong>g <strong>in</strong>stitutions as suggested by Green (2001)<br />

who emphasized that T&D should focus on <strong>the</strong> significant relationship between <strong>the</strong> outcomes and<br />

programme objectives <strong>of</strong> <strong>the</strong> tra<strong>in</strong><strong>in</strong>g than merely look<strong>in</strong>g at <strong>the</strong> attendance and attitude <strong>of</strong> staff towards<br />

tra<strong>in</strong><strong>in</strong>g. The results have both practical and <strong>the</strong>oretical implications. From a practical po<strong>in</strong>t <strong>of</strong> view, this<br />

study clearly <strong>in</strong>dicates <strong>the</strong> need for managers <strong>of</strong> <strong>the</strong> various Banks to pay attention to <strong>the</strong> chang<strong>in</strong>g trends<br />

(Best practices) <strong>in</strong> <strong>the</strong> Bank<strong>in</strong>g <strong>in</strong>dustry by focus<strong>in</strong>g on <strong>the</strong> HR demands <strong>of</strong> <strong>the</strong> Banks. This can be<br />

effective by <strong>in</strong>volv<strong>in</strong>g staff <strong>in</strong> <strong>the</strong> plann<strong>in</strong>g and implementation <strong>of</strong> T&D programmes. Theoretically, <strong>the</strong><br />

study has contributed to <strong>the</strong> literature <strong>of</strong> HR practice <strong>in</strong> emerg<strong>in</strong>g economies.<br />

Limitation <strong>of</strong> study and future research<br />

Many directions for fur<strong>the</strong>r research arise from <strong>the</strong> limitations <strong>of</strong> <strong>the</strong> f<strong>in</strong>d<strong>in</strong>gs <strong>of</strong> this study. In <strong>the</strong> first<br />

place, we need to understand <strong>the</strong> extent to which <strong>the</strong> Banks <strong>in</strong>volve <strong>the</strong>ir staff <strong>in</strong> T&D activities. Secondly<br />

a comparative analysis <strong>of</strong> <strong>the</strong> effectiveness <strong>of</strong> T&D between public and private banks would <strong>of</strong>fer a better<br />

understand<strong>in</strong>g <strong>of</strong> <strong>the</strong> operations <strong>of</strong> <strong>the</strong> Banks <strong>in</strong> emerg<strong>in</strong>g economies. The replication <strong>of</strong> this study <strong>in</strong> a<br />

different develop<strong>in</strong>g economy may provide <strong>in</strong>terest<strong>in</strong>g evidence <strong>the</strong>re<strong>in</strong>.<br />

References<br />

Abdalla, H., Maghrabi, A., and Raggad, B. (1998). Assess<strong>in</strong>g <strong>the</strong> perceptions <strong>of</strong> human resource<br />

managers toward nepotism: A cross-cultural study. International Journal <strong>of</strong> Manpower,19(8),554-570.<br />

Al-Athari, A., and Zairi, M. (2002). “Tra<strong>in</strong><strong>in</strong>g evaluation: An empirical study <strong>in</strong> Kuwait.” Journal <strong>of</strong><br />

European Industrial Tra<strong>in</strong><strong>in</strong>g, 26 (5), 241-251.<br />

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