TY  - JOUR
T1  - Training Decisions in Botswana’s Public Sector: A Real Options Theory Approach
A1  - Setlalepula M Sentsho
JF  - Journal of Organizational Behavior Research
JO  - J Organ Behav Res
SN  - 2528-9705
Y1  - 2026
VL  - 11
IS  - 3
DO  - 10.51847/SMkPqMvxJS
SP  - 62
EP  - 71
N2  - Recent research in organizational behaviour and human resource management shows that commitment to employees by an organization creates a dedicated workforce, evidenced by investment in its human resources. This commitment provides a sustainable competitive advantage or cost efficiency through unique human capital. Training and development improve employee productivity, service quality, and reduce turnover. This paper investigates how real options theory impacts strategic decision-making in public sector institutions regarding employee training and development using a systematic literature review. Studies emphasizing the relation between real options theory and investment in training were reviewed. Findings: training and development are indispensable; competitive advantage is determined by both external and internal factors; and learning options are vital for organizations facing a high risk of skill obsolescence. Research implications and limitations include limited literature, in terms of volume and recent publications, on the intersection of real options theory and human resource management, representing a significant research gap. Furthermore, the role of real options theory in public and non-profit sectors requires exploration, as existing research heavily focuses on profit-making organizations.
UR  - https://odad.org/article/training-decisions-in-botswanas-public-sector-a-real-options-theory-approach-0ulbkvxrx6vdglq
ER  -