Practical Assignments
Practical Assignments
Introduction
Globally, agricultural marketing boards often face human resources management relative to
other firms, some firms have even consolidated while others are still relatively small (Phil
Kenkel, Zachary Crossan, 2019). Human resources are the most valuable assets of an
organisation in order to stay competitive in the industry as poorly structured human resource
management leads to low performance (Forauzan Rezaei et al, 2021).
With regards to practical implications, human resource management is used to improve the
employees’ talent through retention processes, development thus these should be taken into
account by organisations (Meyers, M, C, et al 2013). Vital development of human resources
through on the job training and leadership training helps in the achievement of tackling
present level assignments as well as coping with higher level programs for talent employees
(Kooij et al, 2013).
Organisations need to improve existing employee skills through trainings and acquire new
ones maybe through recruiting additional employees thus indicates that human resource
management and development are crucial so as to have a competitive advantage in the market
(Mbah Paulinus Chigozie et al, 2018). The effective management of human resources
involving activities such as provision of adequate supply of capable employees to the
departments in need so as to foster increased performance and increased profits (James
Nwoye Obi, 2015).
Human capital is a key resource for commercial success as the efficiency and profitability is
highly associated with a higher human capital efficiency (Carla Morris, 2015).
Statement of the problem
The current research focuses on addressing the problem at hand by assessing the effect of
human capital management on departmental performance within the Grain Marketing Board
(GMB) sector in Zimbabwe. Employers evaluate human capital management and projecting
the profit increase generated by human capital to help managers to make decisions (Hiroki
Iwamoto, Masako Takahashi, 2015). Other researchers stated that human capital is concerned
with the added value humans provide for organisations to ensure a competitive advantage
(Uzzal Hossain, Ishita Roy, 2016).
Several studies have been done indicating the impact of human capital management to
improve the financial position or market position. However though human capital is viewed
as an asset there are other factors that should be considered to ensure there is proper
maintenance through training development programmes, employee motivation and fair
recruitment for all employees to cater for all categories. Most managers ignore the need to
motivate staff but rather focus much on an improved competitive advantage and financial
position, thus some GMB’s remain small in size, some have even consolidated.
Employees face job insecurity, thereby the knowledge gap in this study tends to explain on
the impact of recruitment, training to foster the relation between human capital management
and perceived departmental performance
Research objectives
Research questions
Conceptual framework
Training development
Employee motivation
Introduction:
The Department of Grain Marketing Board (GMB) plays a crucial role in grain industry,
responsible for marketing, storing, and distributing grains. This literature review explores the
effects of Human capital management on the Grain Marketing Board, examining its impact
on employee performance, organizational efficiency, customer satisfaction, and overall
productivity.
According to Kearns (2005) human capital management as a process that is concerned with
obtaining, analysing and reporting data that inform the direction of value adding people
management, strategic investment and operational decisions at cooperate level and at level of
front line management. Bontis et al (1999) described human capital management as a
representative of the human factor in the organization, the combined intelligence, skills and
expertise that gives the organization, it’s distinctive character. Schultz (1961), perceived it as
knowledge, skills and abilities of the people employed in an organization.
Human capital management (HCM) is a strategic approach to managing employees focusing
on recruitment, training, development and retention.
According to Smith, J. et al. (2018) performance is the execution of a task or activity, often
measured through various indicators such as accuracy, speed, efficiency, or quality.
Noer et all (2017) defined performance as the manner in which a person, group or
organisation or system accomplishes tasks, achieves goals or deliver results
Performance refers to the achievement of desired outcomes, results or goals through effective
and efficient use of resources, skills and efforts.
1. Recruitment and Selection Identifying and attracting top talent to fill vacant positions
within the organization.
2. Training and Development Providing employees with the necessary skills and knowledge
to perform their roles effectively and grow within the organization.
- Reference: Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M. (2017). Human
resource managemen Gaining a competitive advantage.McGraw-Hill Education.
5. Succession Planning: Identifying and developing internal talent to fill key leadership
positions in the future.
- Reference: Rothwell, W. J., Jackson, R. D., Knight, A. W., & Lindholm, J. E. (2005).
Planning and managing human resources: Strategic planning for personnel management.
Human Resource Development.
- Reference: Allen, D. G., Bryant, P. C., & Vardaman, J. M. (2010). Retaining talent:
Replacing misconceptions with evidence-based strategiesAcademy of Management
Perspectives, 24(2), 48-64.
2. Skill Gaps:Mismatch between the skills possessed by employees and the skills required for
current or future job roles.
- Reference: Ployhart, R. E., & Moliterno, T. P. (2011). Emerging issues and future
directions for the field of human resource management.Journal of Management, 37(2), 152-
196.
- Reference: Ferdman, B. M., & Deane, B. R. (2014). Diversity at work: The practice of
inclusionJohn Wiley & Sons.
- Reference: Davenport, T. H., Harris, J., & Shapiro, J. (2010). Competing on talent
analytics.Harvard Business Review, 88(10), 52-58.
- Reference: Wright, T. A., & Cropanzano, R. (2000). Psychological well-being and job
satisfaction as predictors of job performance Journal of Occupational Health Psychology,
5(1), 84-94.
- Reference: Becker, B. E., Huselid, M. A., & Beatty, R. W. (2009). The differentiated
workforce: Translating talent into strategic impact Harvard Business Press.
5. Competitive Advantage: Organizations that effectively manage their human capital gain a
competitive edge in the marketplace through increased agility and adaptability.
- Reference: Boxall, P., & Purcell, J. (2011). Strategy and human resource management
Palgrave Macmillan.
According to studies it has consistently shown that effective Human capital management
practices lead to improved employee performance (Huselid, 1995; Guest, 2011).
Training and development programs enhance employees’ skills and knowledge, increasing
their ability to perform tasks efficiently (Noe, 2010). Performance management systems help
identify areas for improvement, enabling targeted interventions (Aguinis, 2013).
Grain Marketing Board employees who receive regular training and feedback demonstrate
higher productivity and job satisfaction (Mwanga, 2017).
According to studies
Studies show that Human capital management influences customer satisfaction through
improved employee attitudes and behaviours. Employee engagement and motivation directly
affect customer satisfaction (Harter, 2013). Training programs focusing on customer service
skills enhance employees’ ability to meet customer needs (Zeithaml, 2013). GMB’s customer
satisfaction ratings improved significantly after implementing HCM practices, including
employee training and empowerment initiatives (Mwanga, 2017).
According to various studies Human capital management practices have a positive impact on
productivity. Effective recruitment and selection processes ensure the right employees are
hired, reducing errors and improving output (Schneider, 2013). Performance management
systems encourage employees to work efficiently, meeting productivity targets (Aguinis,
2013). GMB’s productivity increased after implementing HCM practices, including goal-
setting and performance feedback (Grain Marketing Board, 2020).
Conclusion:
The literature demonstrates that effective Human Capital Management practices have a
positive impact on the Grain Marketing Board, improving employee performance,
organizational efficiency, customer satisfaction, and productivity. Strategic workforce
planning, training and development programs, performance management systems, and
employee empowerment initiatives are crucial for achieving these outcomes. The Grain
Marketing Board can enhance its effectiveness by continuing to invest in Human Capital
Management practices, ensuring alignment with organizational goals and objectives.
References:
Day, D. V., & Zaccaro, S. J. (2004). Leadership development: A review of the literature. In J.
Antonakis, A. T. Cianciolo, & R. J. Sternberg (Eds.), The nature of leadership (pp. 359-383).
Sage Publications.
Gupta, A. K., & Gupta, R. K. (2018). Knowledge management: A review of the literature.
Journal of Management Information Systems, 35(2), 241-266.
Kraimer, A. I., & Jackson, S. E. (2010). Talent management: A review of the literature.
Journal of World Business, 45(2), 141-148.
Singh, S. K., & Sharma, A. K. (2018). Employee engagement: A literature review. Journal of
Management Development, 37(2), 140-155.
Research design
This study will employ a cross sectional design. Data will be collected at a single point in
time to assess the relationship between human capital factors and department performance.
• Published 2015
• Business
This study examined the Impact of Career Management on Job Performance at Grain
Marketing Board (GMB). The research was motivated by the fact that there has been gross
underutilisation of both skills and capabilities of employees at GMB. There are unstructured
career policies and practices at GMB and as a result, employees perceive their careers as their
personal responsibilities. The main objective of the study was to examine the impact of
Career Management on Job Performance at GMB.
In the ongoing study we will employ a quantitative research approach to investigate the
relationship of human capital with department performance.
Population
The target population will be all permanent employees working within the GMB Zimbabwe
in Chinhoyi.
A stratified random sampling method technique will be used. The population will be divided
into strata based on departments for example finance, deliveries, management and marketing
and a random sample will be drawn from each stratum to ensure representation
Sample size
The sample size will be determined by the number of people willing to participate based on
the desired confidence level and effect size
Research instruments
A limited number of interviews will be carried out with employees, department heads and
managers to gain deeper insights into their perspectives on human capital and its impact on
performance
1. In your own opinion, how well does GMB Chinhoyi branch equip its employees with
the skills an knowledge they need to perform their jobs effectively
2. Can you describe any opportunities for training and development that you have
participated in at GMB
4. How would you rate the effectiveness of leadership within your department
5. How well does communication flow between different levels of the organization eg
management and employees
6. Have you ever witnessed a situation where a lack of skills or knowledge hindered
departmental performance
7. How would you describe the overall morale and motivation within your department
8. How do you think GMB Chinhoyi could improve its human capital management
practices to better support departmental performance
By asking these questions we can be able to gain valuable insights from employees about
their experiences with human capital practices and how these practices influence
departmental performance at GMB Chinhoyi
1. How satisfied are you with the opportunities for training and development provided by
GMB Chinhoyi
Very satisfied
Neutral
Dissatisfied
Very dissatisfied
1. Do you feel your current skills and knowledge are sufficient to perform your job
effectively?
Yes
No
2. In your opinion, how well does GMB Chinhoyi invest in its human capital
Very well
Neutral
3. How satisfied are you with your overall work experience at GMB Chinhoyi
satisfied
neutral
Not satisfied
4. How confident are you in your ability to adapt to new technologies and processes?
Very confident
Neutral
Not confident
Very motivated
Neutral
Demotivated
Ethical considerations
This study will adhere to ethical research principles. All participants will be informed of the
study objectives, their right to withdraw at any stage and the confidentiality of their
responses. Informed consent will be obtained before data collection