Abstract
This study contributes to an understanding of consensual and entrepreneurial culture in organisations within the context of communicating organisational culture through human resource policy. Given that consensual and entrepreneurial culture has the potential to shape employee attitudes and work behaviours towards the attainment of business efficiency and sustainability, this study examined the relationship between organisational culture and Human Resource (HR) development policy. Two hypotheses were formulated and tested to establish the significance of the relationship between organisational culture and HR development policy. We adopted a quantitative approach, utilising a structured questionnaire (n=305) and other documented evidence. The study used a combination of convenience sampling and simple random sampling techniques to select the respondents. The findings revealed that there is a significant relationship between organisational culture and HR development policy. It was found that consensual culture as a dimension of organisational culture has the greatest influence on HR development policy, and consequently the entrepreneurial mentality and creativity within the organisation. We conclude that there is a strong positive relationship between organisational culture and HR development policy as an antecedent of HR/organisational outcome in the Nigerian banking sector. This paper recommends that consensual and entrepreneurial cultures are crucial for business sustainability in the knowledge-based global economy. DOI: 10.5901/mjss.2014.v5n20p101
Highlights
The dynamic nature of business activities in the present day global economy requires adaptive culture and human resource development policy for sustainability (Naranjo-Valencia et al, 2011; Thite 2011)
The overall objective of this study was to investigate the relationship between organisational culture and human resource development policy as an antecedent of Human Resource (HR)/organisational outcomes
Our findings suggest that a well communicated corporate culture through HR development policy provides explicit guidelines for shaping employee attitudes and behaviours in order to address the variations in the knowledge-based global economy
Summary
The dynamic nature of business activities in the present day global economy requires adaptive culture and human resource development policy for sustainability (Naranjo-Valencia et al, 2011; Thite 2011). This is a kind of economy that revolves around knowledge creation and innovation as a coping strategy towards sustainable competitive advantage (Thite, 2011). The link between organizational culture and performance on the other hand has attracted attention from many scholars (Cheung et al, 2012; Deshpande & Farley, 1999; Ezirim et al, 2010; Gambi et al, 2013; Gregory et al, 2009; Prajogo, et al, 2012). To explore the nexus between organisational culture and corporate performance, this study draw insights from the Nigerian banking sector
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