3 research outputs found

    Do Competency Frameworks Influence Business Performance? An Empirical Study of the Nigerian Banking Sector

    Get PDF
    The competency-based management system has grown to become one of the most influential HRM tools of the 21st century. However, there remains limited empirical data addressing the relationship between the adoption of a competency framework and organizational performance. The study reported upon in this paper is based within the Nigerian banking sector. A qualitative methodological approach was adopted, employing interviews with employees of the top ten high street banks in Nigeria. The result of the field data was subsequently analyzed using NVivo in order to achieve the aim of the research. The findings revealed that competency-based management frameworks are being used and that indeed they are a key management tool within the selected Nigerian banks. Importantly, the findings clearly suggest the adopted competency frameworks are having a positive impact on the banks’ performance

    A STUDY OF COMPETENCY AS A DRIVER FOR BUSINESS PERFORMANCE IN NIGERIAN BANKS

    Get PDF
    The Nigerian banking industry plays a critical role in its economy because of a number of jobs generated, contributing to financial stability due to the financial services provided by the banks. As Nigeria becomes tirelessly active in its pursuit of global economic integration and recognition, the entry of international banks in the Nigerian banking industry will increase, therefore, competition will, too. As a result, recognising the importance of competencies and competency frameworks to the bank's performance becomes important in improving the bank’s core competencies and competitiveness. A critical review of the literature reveals that many researchers lay emphasis on the importance of competencies on performance. However, there is a lack of empirical study on competence in Nigerian banks. Therefore, this study investigates the influence of competencies on the performance of Nigerian banks. In order to achieve this aim, the researcher conducted a field survey of ten Nigerian banks and the Central Bank of Nigeria (CBN) with the use of qualitative semi-structured interviews. The researcher conducted thirty-one interviews with the staff of the ten selected banks and the CBN. Consequently, the interview data collected was analysed using Nvivo in order to achieve the aim of the research. The findings revealed that Nigerian banks do use competencies which are influencing the performance of the banks. Findings from this research support the findings of other international research on competencies; therefore, suggesting the theory of competency and performance applies to Nigerian banks. This research contributes to existing literature, which highlights the strategic and operational importance of competencies on performance by focusing on Nigerian banks. In conclusion, this research proposes a wider sample size covering all the banks in Nigeria and using both qualitative and quantitative research methods to provide a more accurate finding on the influence of competency in Nigerian banks

    Inter-organizational Social Capital, Ambidextrous Innovation and Post-entry Expansion Performance

    No full text
    This study develops and tests arguments of the effects of three dimensions of inter-organizational social capital (ISC) – relational, cognitive and structural social capital on ambidextrous innovation and the effect of the latter on post-entry expansion performance. We test these relationships on a sample of 257 internationalized SMEs operating in the UK. Findings from the study indicate that all three dimensions of ISC have positive effects on ambidextrous innovation and that ambidextrous innovation in turn drives both initial and subsequent expansion performance of the sampled firms. The findings further revealed that, ambidextrous innovation mediates the relationships between all three dimensions of ISC and post-entry expansion performance. The findings extend the international entrepreneurship and network research streams by explicating the unique role of ISC in enhancing SMEs’ ambidextrous innovation and post-entry expansion performance
    corecore