Training and Development Outsourcing and Organizational Resilience in Deposit Money Banks in South- South, Nigeria
Vol.6 Issue 2
The purpose of this study was to investigate the relationship between Training and development outsourcing and organizational resilience of deposit money banks in south-south, Nigeria. The research design adopted in this study is the cross-sectional survey. The population of the study covered a total of 126 (One hundred and twenty six) Regional and Group Heads of the 18 deposit money banks in south-south, Nigeria. The data used were obtained from both primary sources. The primary source involved the distribution of questionnaire to the regional and group heads of the selected banks in south-south, Nigeria. Thus, the population of employees in these banks amounted to 126, the researcher adopted the Census sampling technique to determine an appropriate manageable sample size for the study. Thus, the entire population of 126 Regional and Group Heads was selected because of the size. A total of 126 copies of the questionnaire were administered to the respondents. The hypotheses were tested at a significance level of 0.05 using the analytical tool. The findings of the study revealed that: Training and development outsourcing have a very strong and positive relationship with organizational resilience measures of adaptive capacity, dynamic capabilities and keystone vulnerability management. Therefore, the study concluded that Training and Development outsourcing is necessary for contemporary banking as competency and skills is what is expected for Banks to function effectively. This study recommends that bank managers should engage in outsourcing of training and development function of the HR so that human capital can be developed, that will enable them have a workforce that will reflects learning, flexibility to experiment and adopt novel solutions, and the development of generalized responses to broad classes of challenges.
