THE IMPACT OF HUMAN CAPITAL DEVELOPMENT INITIATIVES ON EMPLOYEE PERFORMANCE OF IT EXECUTIVES: CASE STUDY OF BANGALORE, INDIA

Human capital development initiatives for purposes of this study refer to the training and development programs that the IT executives in Bangalore, India are accorded with. Currently, the fact that human capital development of employees translates to competitive advantages is no longer a subject for debate. According to Tomé, and Goyal, (2015) human capital development of employees not only enhances their productivity in the short term, it also helps prepare them for future skills and responsibilities. For organizations, industries and economies, this translates to a lot of things including improved profitability, performance efficiency, creativity and innovativeness. Moreover, it also helps improve employee engagement while at the same time reducing turnover rates. The challenge however is how to develop and implement the best human capital development strategy for specific industries and organizations. The review of literature focuses on the factors that influence IT firms in Bangalore, India to adopt human capital development initiatives, as well as the significance of the initiatives to IT executives. This research paper discusses the initiatives and its impact on the strategies and operations of the executives, and how this impacts on their abilities to contribute positively towards the attainment of their goals and objectives.. This way, the paper gets to discuss the overall function and impact of the human capital development initiatives on performance of the IT professionals.