ASSESMENT OF PRACTICES AND CHALLENGES OF HUMAN RESOURCE DEVELOPMENT THE CASE OF NIB INTERNATIONAL BANK S.C.

Abstract

This study assesses human resource development practice of Nib International bank including functions such as training and development, organizational development and career development. The study focused on professional employees at head office who were currently working at Dembel City Center. The study puts emphasis on the link between bank’s strategy and human resource development, the bank’s HRD practice, its human resource development approaches and the major challenges related to human resource development implementation. Data was obtained from 135 professional employees who were selected by employing convenience sampling technique. Descriptive statistics were used to analyze the data. Interview was conducted with two directors of the bank. The study found that the corporate strategy is well linked with human resource development strategy of the bank. The bank has human resource development platform. However, human resource development opportunities were not given to employees equally. The study revealed gaps in the skill and knowledge applied at work place, individual career development plan, the management support, and human resource development systems.