Evaluation of Strategic Factors in HRD Practices of Nepali Banks: Towards Building an SHRD Model

  • Sthapit A
N/ACitations
Citations of this article
15Readers
Mendeley users who have this article in their library.

Abstract

In view of a long-felt need to adopt the strategic factors of human resource development (HRD), this paper explores and evaluates the presence of strategic HRD factors instrumental to achieve theoretical HRD outcomes, and devise an SHRD model. An exploratory and analytical research approach was adopted to study all 25 non-state-owned commercial banks and all 14 national level development banks of Nepal through a questionnaire survey (July-December 2018) on 708 incumbent supervisors and managers chosen through a proportionate, stratified probability-sampling technique from (a) hierarchy-based strata, and (b) bank categories. A principal component analysis (PCA) was performed on 25 theoretically recognised strategic factors in current HRD practices; out of which 23 factors were identified as influential, and factor-labelled by the PCA into a three-factor model based on a regression analysis. The SHRD model factors so devised should prove instrumental to HR managers in strategically managing their HRD function for achieving expected HRD outcomes.

Cite

CITATION STYLE

APA

Sthapit, A. (2020). Evaluation of Strategic Factors in HRD Practices of Nepali Banks: Towards Building an SHRD Model. Asia Pacific Journal of Management and Education, 3(2), 67–92. https://doi.org/10.32535/apjme.v3i2.848

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free