Human resource development (HRD) practices and banking industry effectiveness: The mediating role of employee competencies
European Journal of Training and Development
ISSN: 2046-9012
Article publication date: 7 May 2019
Issue publication date: 7 May 2019
Abstract
Purpose
The purpose of this paper is to examine the mediating role of employee competencies in the relationship between human resource development (HRD) practices and organizational effectiveness.
Design/methodology/approach
An integrated research model was developed by combining principal factors from existing literature. Data were collected through questionnaire from 550 employees of the selected banks. The validity of the model and hypotheses was tested using structural equation modeling. The reliability and validity of the dimensions are established through confirmatory factor analysis.
Findings
The results indicate that some HRD practices impact organizational effectiveness through their influence on employee competencies. The study further revealed that employee competencies mediate the relationship between HRD practices and organizational effectiveness.
Research limitations/implications
The research was undertaken in the banking industry and the analysis based on cross-sectional data which cannot be generalized across a broader range of sectors.
Practical implications
The findings of the study will help policymakers and management of banks in espousing suitable and well-articulated HRD practices to harness the competencies of employees and inordinately enhance organizational effectiveness.
Originality/value
This study extends the literature by empirically adducing evidence that employee competencies mediated the relationship between HRD practices and organizational effectiveness of the banking industry in Ghana.
Keywords
Acknowledgements
Retraction notice: The publishers of European Journal of Training and Development, wish to retract the article “Human resource development (HRD) practices and banking industry effectiveness: The mediating role of employee competencies” by Frank Nana Kweku Otoo, which appeared in Vol. 43 No. 3/4, pp. 250-271. It has come to our attention that a large proportion of this article is copied, without attribution, from several earlier articles. These articles are as follows:
• Otoo, F., Otoo, E., Abledu, G. and Bhardwaj, A. (2019), “Impact of human resource development (HRD) practices on pharmaceutical industry’s performance: the mediating role of employee performance”, European Journal of Training and Development, Vol. 43 No. 1/2, pp. 188-210. https://doi.org/10.1108/EJTD-09-2018-0096.
• Otoo, F. and Mishra, M. (2018), “Influence of human resource development (HRD) practices on hotel industry’s performance: the role of employee competencies”, European Journal of Training and Development, Vol. 42 No. 7/8, pp. 435-454. https://doi.org/10.1108/EJTD-12-2017-0113.
• Otoo, F. and Mishra, M. (2018), “Measuring the impact of human resource development (HRD) practices on employee performance in small and medium scale enterprises”, European Journal of Training and Development, Vol. 42 No. 7/8, pp. 517-534, https://doi.org/10.1108/EJTD-07-2017-0061.
• Potnuru, R. and Sahoo, C. (2016), “HRD interventions, employee competencies and organizational effectiveness: an empirical study”, European Journal of Training and Development, Vol. 40 No. 5, pp. 345-365. https://doi.org/10.1108/EJTD-02-2016-0008.
The European Journal of Training and Development submission guidelines make it clear that articles must be original and must not infringe any existing copyright. The publishers of the journal sincerely apologize to the readers and the original authors of the above mentioned articles.
Citation
Otoo, F.N.K. (2019), "Human resource development (HRD) practices and banking industry effectiveness: The mediating role of employee competencies", European Journal of Training and Development, Vol. 43 No. 3/4, pp. 250-271. https://doi.org/10.1108/EJTD-07-2018-0068
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited