THE PLACE OF HUMAN CAPITAL MANAGEMENT IN BUSINESS ORGANISATION(A CASE STUDY OF SHELL PETROLEUM DEVELOPMENT COMPANY, WARRI)

The place of human capital management not only aim at developing competencies such as technical, human conceptual and managerial for the furtherance of individual and organizational growth, it also helps in the attainment of organizational stability and flexibility in the process of achieving corporate objectives. Progressive organizations now see human capital development as important tools for meaningful performance and enhancement of productivity, as well as means to improve the quality of work of the individual in the work environment. An effective human capital programme should follow these step: (a) define the organizational objectives (b) determine the need of the human capital programme (c) determine Human capital goals (d) determine Human capital method (e) decide whom to train (f) decide who should do the human capital (g) administer the human capital (h) evaluate the human capital programme such as effective human capital programme developed along the steps highlighted above will ensure that organizations keep qualified employees who are productive and happy. This will invariably contribute positively to the attainment of organizational goals and objectives.