Financial Systems and Control. Organisational Capability and Employee Satisfaction for Competency in the Consumer Goods Industries.

ADEBAYO, OLUFUNKE PATRICIA and Worlu, Rowland E.K. and Moses, Chinonye, Love (2020) Financial Systems and Control. Organisational Capability and Employee Satisfaction for Competency in the Consumer Goods Industries. WSEAS TRANSACTIONS on SYSTEMS and CONTROL, 15. pp. 665-672. ISSN ISSN: 2224-2856

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Abstract

Organisational capability is considered as organisations developing its strength of competencies in the midst of economic hardship, and when faced with stiff competition so as to secure a place especially with its workforce in this present dynamic business environment. This study aims to examine if organisational capability can enhance employee satisfaction. Survey research design was adopted to assess the subject matter. Four hundred and eighty (480) respondents were surveyed among the selected Fast-Moving-Consumers- Goods (FMCGs) in Nigeria using purposive and stratified sampling technique. Moreover, three hundred and fifty-eight (358) which accounted for 74.6% response rate were duly filled and returned for the analysis of this study by using the Structural Equation Model (AMOS 23). The results from the test of hypotheses showed that organisational capabilities have significance influence on employee satisfaction @ (R2= 0.531 p-value =0.000). The study recommends in identifying the development of human expertise and skills which generates a distinctive competency for the organisation in knowledge generation, and learning, it serves as a potential for growth and sustained proficiency for the employees. The insights from this study would be of great value to the management of Fast-Moving-Consumers-Goods (FMCGs) industry, as well as other stakeholders towards the development and investment in building their capabilities that will enhance the proficiency and satisfaction of the employees.

Item Type:	Article
Uncontrolled Keywords:	Employee Satisfaction, Organisational Capabilities, Competencies
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Faculty of Law, Arts and Social Sciences > School of Management Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	nwokealisi
Date Deposited:	09 Nov 2023 10:56
Last Modified:	09 Nov 2023 10:56
URI:	http://eprints.covenantuniversity.edu.ng/id/eprint/17537

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