The impact of technology audit on technology capabilities in Pakistani training institutes
In recent times, there has been an increasing trend by organizations to focus on audits which help to find out their shortcomings and identify hidden opportunities. Technology audit is one significant example of audits being conducted in Pakistan. In this research, the benefits of the technology aud...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin
2022-01-01
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| Series: | Journal of Engineering Management and Competitiveness |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382202151S.pdf |
| Summary: | In recent times, there has been an increasing trend by organizations to focus on audits which help to find out their shortcomings and identify hidden opportunities. Technology audit is one significant example of audits being conducted in Pakistan. In this research, the benefits of the technology audit in the training institutes of Pakistan and its relationship with various technology capabilities are examined. The literature review developed a framework and revealed the positive and significant relationship of technology audit with specific technology capabilities. The top government sector organizations, such as WAPDA Engineering Academy, Faisalabad, and Regional Training Centre (Lahore & Faisalabad) were approached for responses to the questionnaire. For this study, a survey research methodology was adopted in the form of a questionnaire. 205 valid responses were used to analyse the data using Reliability analysis, Normality Tests, Correlation Matrix and Regression Analysis. The results revealed the potential benefits of technology audit, such as a better technology environment; improved knowledge about competitors; improved innovation; better quality and research; and improved technology creation, acquisition, exploitation, and protection. The tested and verified model filled to void in the literature of demonstrating the benefits of technology audit, and how this would allow the training institutes to identify the technical shortcomings in their organization leading to better technology capabilities. Moreover, as a practical contribution, macro and micro-level recommendations are made, supporting training institutes to improve overall organisation technology capabilities. |
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| ISSN: | 2334-9638 2217-8147 |