ISSN 2286-976X (Print)
ISSN 2539-5513 (Online)
RANGSIT JOURNAL OF SOCIAL SCIENCES AND HUMANITIES
RANGSIT JOURNAL OF SOCIAL SCIENCES
Volume 7 Number 1, January - June 2020
Knowledge Management of Human Capital through the Learning Organization of the Agricultural Cooperative Federation of Thailand Limited
Knowledge Management (KM) of Human Capital through Learning Organization (LO) of the Agricultural Cooperative Federation of Thailand Limited (ACFT) has been the most important strategy of human capital development. The research objective tried to investigate how knowledge management of human capital as factors affected the operational cost reduction of the ACFT. The study population was the members of the ACFT in the middle region of Thailand. It turned out with 27,186 individuals of ACT membership. Purposive sampling was applied as the sampling technique. It turned out to be 1,850 individuals of the ACFT membership as a sample size. The primary data were collected by questionnaire. Data analysis was applied Confirmatory Chi-square, Root Mean Square Error Approximation (RMSEA), Goodness Fit Index (GFI), Comparative Fit Index (CIF), and estimated parameters were calculated by Structural Equation Model (SEM) to measure the factors influencing the ACFT operational cost reduction. The research results showed that Chi-square, RMSEA, GFI, and CIF were equal to 4.150, 0.0054, 0.9643, and 0.971, respectively. The estimated parameters were calculated from SEM expressed two positive coefficients of exogenous variable---learning dynamic (β1) = 0.399 and technology application (β5) = 0.912 of human capital in the ACFT, which meant that learning dynamic and technology application had positive influencing factors on the operational cost reduction of the ACFT. The KM of the human capital of the ACFT is the main strategy of human capital development. Two categories of KM in the ACFT, which comprised of 1) learning dynamic and 2) technology application, had a significantly positive impact on operational cost reduction of the ACFT.