MODELLING STRATEGIC HUMAN CAPITAL MANAGEMENT TO ATTAIN SUSTAINABLE DEVELOPMENT: A CASE STUDY OF NESTLÉ, NIGERIA PLC

Oladele Gbenga Dada

Abstract

This research sought to investigate various variables that may be considered as best practices in the process of strategic human capital management. This is because of the need of businesses to acquire sustainable development with the dynamic nature and changes in the business environment. Factors such as the covid-19 pandemic have stimulated changes in the market and some businesses are having a hard time adapting and maintaininga competitive edge.The research employed a descriptive research design to source findings on the tested hypothesis that involved four variables; selective recruitment, fair compensation, appropriatetraining, and employee security. The paper also described the applicability relationship of the role of these variables in ensuring smooth organizational operations during the covid-19 pandemic. The findings indicated that hiring experienced and qualified candidates, health security for employees, appropriate training and fair compensation has been key in maintaining organizational sustainability.The target populationere 5 managerial employees and 100 operational employees for the organization to justify the findings information from secondary sources which was used to support the findings. The discussion detailed the critical role that these variables play in enabling strategic human capital management which is concluded as the best approach to sustainable development. Findings showed that strategic human capital management is employed throughout the whole lifecycle of an employee and in order to increase the productivity of training employees with respective programs was recommended.