Organizational Policies’ Impact on the Effectiveness of the Human Capital in the Commercial Banks in Jordan

Mamdouh T Al Ziadat

doi:10.5539/ibr.v8n6p208

Abstract

The study aimed to recognize the impact of the organizational policies on the effectiveness of human capital in the commercial banks in Jordan. The study population was constituted of all the workers of the commercial banks in Jordan. A random sample of 350 individuals was chosen, and questionnaire forms were distributed to them. A total 317 questionnaire forms were restored and 306 of them were subjected to analysis after excluding 11 invalid forms. The study could reach the following conclusions: First, human intellectual capital is the largest values in the organization with value 3-5 times the material capital. Second, Human capital represents a great value within the organization: The study has shown an impact of the organizational policies with its dimensions (incentives, promotion, relations. Organizational support, performance evaluation on the skill increase as a dimension of the human capital effectiveness dimensions, the study recommends the following: first, interest in human capital should be paid because it is expressive of all the intangible values in the organizations. Second, transforming the tacit knowledge forms among the workers into explicit knowledge forms that can be utilized. Third, training workers and enhancing their capabilities. Fourth, providing the convenient atmosphere for nourishing and supporting innovation. Fifth, compensating the workers and developing the systems of incentives.

Highlights

1.1 Introduce the ProblemModern age organizations face tremendous pressures and challenges that are mainly represented in lack of available resources, multitude of goals, production levels drop, social needs increases, and satisfaction level drop among the beneficent, and many other factors
The results have indicated that the secondary variable had no omapct on knowledge increasing as a dimension of human capital effectiveness, where t calcualted value was statistically insignificant at level (α≤0.05)
We must reject the null hupothesis wgich states that there is no imapt with ststitical significance at level (α≤0.05) of the organizational policies with its dimensions on knowledge increasing as a dimension of the human caital effectivness dimensions, and accecpt the alternative hupothesis which states that there is an impact of the organzational policies with its dimensions on knowledge increasing as a dimension of human capital effectivness dimensions

Summary

Introduction

Modern age organizations face tremendous pressures and challenges that are mainly represented in lack of available resources, multitude of goals, production levels drop, social needs increases, and satisfaction level drop among the beneficent, and many other factors. Such matter requires initiating dynamic changes in all aspects of the organization in order to insure survival and continuity in volatile environments and their accelerated changes. Organizational policies play a great role in increasing workers‟ commitment and their feeling of self-development Since human capital importance lies in its inputs not its outputs, Jordanian banks should realize that and develop the organizational policies, which can achieve that and contribute to maximize the return on the human capital

Methods

Results

Conclusion