Authors : Dinah Mngushir Akpera

Volume/Issue : Volume 7 - 2022, Issue 7 - July

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DOI : https://doi.org/10.5281/zenodo.10721603

Abstract : The study examined the effect of women career advancement on organizational effectiveness in the Nigerian banking industry. The study sought to establish the relationship between women career advancement variables of work-family balance, women aspirations, self-development and organizational culture and organizational effectiveness variables of productivity, profitability and service quality in the Nigerian banking industry. The study was anchored on Bandura (1978) theory of self-efficacy. Cross-sectional survey design was adopted for the study with target population beingall the women employees of the 21 deposit money banks in Nigerian banking industry. However, the accessible population was 15,866 women employees of the seven (7) selected Money deposit banks inthe industry. A sample size of 476 was drawn using the Taro Yamane’s (1967) formula. The study used primary source of data, collected with the aid of closed-ended questionnaire while simple random sampling technique was adopted in choosing respondents for for the study. Correlation coefficient and regression analysis was conducted using Statistical Package for Social Sciences (SPSS version 21) to ascertain the relationship and effect of women career advancement on organizational effectiveness in the Nigerian banking industry. The findings revealed that there is a positive relationship between women career advancement variables (work-family balance, women aspirations, women self-development, organizational culture) and organizational effectiveness measures of productivity, profitability and service quality in the Nigerian banking industry. Statistically, using t-value, work-family balance had productivity (0.205), profitability (0.153), service quality(0.169); women aspiration had productivity (0.438), profitability (0.216) and service quality (0.074). Women self-development had productivity (0.105), profitability (0.254) and service quality (0.678); organizational culture had productivity (0.016), profitability (0.296), and service quality (0.085). It was concluded that women career advancement (work-family balance, women aspirations, women self-development and organizational culture) are predictors of organizational effectiveness (productivity, profitability and service quality) in the Nigerian banking industry. This study recommends among others, that management sHould establish and sustain leadership development programme for women to facilitate their self- development and enhance managerial skills that will increase organizational effectiveness. The industry management should adopt and implement policies that will ensure comfort of women employees to instill work-family balance. Women employees should make self-development a necessity to help them surmount performance challenges and limited opportunities for promotion.