The influences of Human Capital, Knowledge Management, Innovation Capability and Change Management on Organizational Effectiveness in Thai Power Industry Case study : Electricity Generating Authority of Thailand (EGAT)

Abstract

This research aims to 1) Study the impact of human capital, knowledge management, and innovation capability 2) Study the relationship between human capital, knowledge management, and innovation capability; and 3) Study the relationship of knowledge management, innovation capability, and change management. The research philosophy framework was obtained from the invention of relevant theories and literature reviews by sampling 420 people from the Electricity Generating Authority of Thailand staff. The instrument used in the research was questionnaires. Analysis of structural equation models using statistical packages, found that the model produced was consistent with the empirical data with statistics  2 = 253.537,  2 / df = 1.811 df =140, GFI = 0.945, AGFI = 0.909, CFI = 0.989, RMSEA = 0.044 and RMR = 0.013. The factor that has the most influence on the effectiveness of the organization is innovation capability, human capital and knowledge management respectively. Human capital influences knowledge management and indirectly affects innovation capability through knowledge management, and knowledge management affects the innovation capability directly and indirectly through the change management.