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...

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Main Authors: Shahzad Asjad, Abbas Muhammad
Format: Article
Language:English
Published: University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin 2022-01-01
Series:Journal of Engineering Management and Competitiveness
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382202151S.pdf
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author Shahzad Asjad
Abbas Muhammad
author_facet Shahzad Asjad
Abbas Muhammad
author_sort Shahzad Asjad
collection DOAJ
description 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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spelling doaj.art-bae4930c68d548c69ffdaa95dc9d77b92022-12-26T17:00:32ZengUniversity of Novi Sad, Technical faculty Mihajlo Pupin, ZrenjaninJournal of Engineering Management and Competitiveness2334-96382217-81472022-01-0112215116410.5937/JEMC2202151S2334-96382202151SThe impact of technology audit on technology capabilities in Pakistani training institutesShahzad Asjad0Abbas Muhammad1Swinburne University of Technology, Department of Business Technology and Entrepreneurship, Melbourne, Victoria, AustraliaNational University of Science and Technology, Islamabad, PakistanIn 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.https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382202151S.pdftechnology auditquantitative methodstechnology capability
spellingShingle Shahzad Asjad
Abbas Muhammad
The impact of technology audit on technology capabilities in Pakistani training institutes
Journal of Engineering Management and Competitiveness
technology audit
quantitative methods
technology capability
title The impact of technology audit on technology capabilities in Pakistani training institutes
title_full The impact of technology audit on technology capabilities in Pakistani training institutes
title_fullStr The impact of technology audit on technology capabilities in Pakistani training institutes
title_full_unstemmed The impact of technology audit on technology capabilities in Pakistani training institutes
title_short The impact of technology audit on technology capabilities in Pakistani training institutes
title_sort impact of technology audit on technology capabilities in pakistani training institutes
topic technology audit
quantitative methods
technology capability
url https://scindeks-clanci.ceon.rs/data/pdf/2334-9638/2022/2334-96382202151S.pdf
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