Journals of UMT (University of Management and Technology, Lahore)
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Brain Drain, Talent Mobility And Academic Networking
Full text linkTalent is the key to economic development and the network built among talents is the resource crucial for national competitiveness. Talent is highly mobile and a more talented individual tends to show higher tendency to move on and respond to better economic opportunities. Therefore, managing talent is a challenging job. This paper examines the evolution of brain drain to talent mobility and also analyses talent networking for a special group of talent, that is, academics. The purpose of this paper is to explore the nature and patterns of academic networking, and the challenges in forming and maintaining this network
Impact of Health Capital and Education on Infant Mortality Rate of Districts of Punjab
Full text linkEconomies with large labor population and labor oriented production face problems of quality of labor provided. This quality can be divided into two components; one the skill component and other the health component. The purpose of the paper is to identify the root causes of low health standards in the working population. The district wise data of Punjab (Pakistan), revealed that fertility rate, number of hospitals, literacy rate, and proxy income are the major determinants that can reduce Infant Mortality Rate, and the time being dummy variable in GMM model indicated the health standard to be depreciated in 2011 as compared to 200
Managing the Gap Between Actual and Target Capital Structure: An Evidence From Pakistan
Full text linkInvestment framework is one of the most significant components that impact the company’s value. Reliable funding choices for a company generally lead to a capital structure that increases the firm’s value (Abor, 2006). Early studies provide contradictory reviews about a company’s capital structure decisions. This paper investigates the partial adjustment model for a company’s target capital structure. The study also explores how companies operating in different sectors of Pakistani market adjust towards the target capital structure levels. The study also recognizes that an unanticipated share price change also have an effect on the target capital structure. The results indicate that companies do have target leverage and that their adjustment speed varies from sector to sector of the Pakistani market. A typical sector closes more than 50% of the gap between its actual and its target debt ratios within one year
Descriptive Approach Towards Managing True E-governments
Full text linkThe role of true e-Government is becoming vital and gaining much attention as modern businesses need adaptive, dynamic and strategic business partnerships in the form of Virtual Organizations and e-Enterprises to survive in the turbulent and global competitive environment. Therefore, managing today's dynamic, collaborative and networked nature of government environment is quite challenging. Real e-Government solution is expected to use, flexible and reusable technology to support valuable citizens and modern business expectations to access necessary government services and information. Here comes the requirement for more efficient ways of integrating their systems together under appropriate e-Government solution. It enables citizens and business organizations to interact with government on nearly all matters, 24/7, without knowing which part of the government is providing the required service. In fact, much research work is being done in e-Business Integration but e-Government Integration is comparatively ignored. As a matter of fact, practical implementation of 'seamless' government across jurisdiction is the most challenging aspect of the future of eGovernment which is the subject of our research. In this research, we first formalize the basis/requirements of such e-Government Integration framework as standard and then analyze all candidate software solutions which could help us in development of better and appropriate integrated solution of e-Government, and finally develop the required e-Government Integration framework that adheres to the requirements. Fulfilling our requirement, major approaches like SOA and EDA, transformation of supporting technologies starting from Electronic Data Interchange to WS's and integration at processes level through XML are primarily examined with the intent to give easy to use, reusable, flexible, scalable and adaptable e-Government Integration solution. Our proposed solution encompasses the most difficult problem of efficiently connecting varied inter eGovernments and intra e-Government activities with citizens and modern business configurations like: Virtual Organizations (VO), e-Enterprises, etc. allowing the governments to respond efficientl
Effect of Market Orientation on Channel Strategy- An Empirical Analysis of Pesticide Industry
Full text linkResearch in market orientation has overlooked the importance of its impact on various aspects of marketing strategy, especially on distribution channel strategy. Using Kohli & Jaworski's framework of measuring market orientation (MO) and pesticide industry of Pakistan as a context, this article explores the relationship between various constructs of MO with channel strategy. This paper draws survey data from the pesticide industry in Pakistan. Given the low response rate, a norm in developing countries, bootstrapping technique is employed and tests are run. The results reveal that level MO has an impact on how channel strategies are formulated. Findings of the research indicate that higher level of MO is associated with selective channel strategy involving low intensity of distribution and higher channel control. The results also suggest that the right channel strategy helps an organization to create differentiation and to improve performance in a commodity marke
Outsourcing Decision in Capabilities Perspective
Full text linkThere are many theories and framework which suggest performance link to strategy and / or resources. In order to succeed in the market, the organization must transform its core strengths into competitive advantages so that it becomes harder for its rivals to snatch its customers and market share. This paper has attempted to integrate the issue of weakness emanating out of the capability frame in terms of strategic decision in outsourcing. With the help of our proposed “Integrated Decision Making Model” for strategic outsourcing,, significant advantage can be achieved by directing investments and efforts in areas where firms perform better as compared to others. Over time, a continued effort to develop core competencies by building strategic capabilities (strengths) and minimizing strategic liabilities (weaknesses), bar the present or future competitors to expand into the company's areas of interest, thus helps to defend the strategic competitive advantages lying in the firm's value chain
Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain
Full text linkSupply chain management and optimization is a critical aspect of modern enterprises and an expanding area of research. Modeling and optimization are the traditional tools of supply chain management. The techniques have been used by many companies for planning, manufacturing, and other decision areas in supply chains. Current study is motivated by the fact that optimization studies in supply chain management have mostly considered network optimization. Supply chain management however, requires alignment between the supply chain partners at the tactical level. As a first step towards achieving this goal, current study presents a model that incorporates the activity level planning at the focal firm in a supply chain. This paper presents a new mixed integer programming model that incorporates optimization of production planning at the focal firm while optimizing the strategic alignment of the supply chain entities. The model represents a four step, multi-echelon supply chain including supplier, warehouse, manufacturer, and retailer. The manufacturer in this network represents the focal firm. This model is an attempt to integrate the production planning decisions in the network optimization decisions