A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan

The study examines the determinants of companies' key skills and strategies to understand better how firms can use their resources to achieve success. This study is, therefore, undertaken for this reason to investigate the connections between possible variables. Specifically, it aims to examine...

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Main Author:	Ahmad, Israr
Format:	Thesis
Language:	eng eng
Published:	2021
Subjects:	HD28-70 Management Industrial Management HD58.9 Organizational Effectiveness. HD60 Small Business.
Online Access:	https://etd.uum.edu.my/9938/1/s902110_01.pdf https://etd.uum.edu.my/9938/2/s902110_02.pdf
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id	my-uum-etd.9938
record_format	uketd_dc
spelling	my-uum-etd.99382022-10-05T09:12:25Z A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan 2021 Ahmad, Israr Ahmad, Shuhymee School of Business Management School of Business Management HD28-70 Management. Industrial Management HD58.9 Organizational Effectiveness. HD60 Small Business. The study examines the determinants of companies' key skills and strategies to understand better how firms can use their resources to achieve success. This study is, therefore, undertaken for this reason to investigate the connections between possible variables. Specifically, it aims to examine the mediating effect of strategic planning on the relationship between technical skills, managerial skills, entrepreneurial skills, business skills, and performance of the small and medium enterprises in Punjab, Pakistan. In addition, all independent, dependent, and mediator variables are theoretically underpinned by the Resource-Based View (RBV) theory in view of the utilizations and implication of organizational resources. Data collected through self – administrative questionnaires with 265 owners/managers of small and medium enterprises in Punjab, Pakistan. Partial Less Squares Structural Equation Modelling (PLS-SEM) is used to analyze the data and test the hypothesis. The study's findings suggest a significant relationship between managerial skills, entrepreneurial skills, business skills, and strategic planning. Strategic planning mediating the relationship between managerial skills, entrepreneurial skills, business skills, and firm performance for the mediating effect. However, no empirical support has been found from the mediator on the relationship between technical skills and firm performance. This study provides valuable insights into strategic planning's role in improving the firms’ performance to the owners/managers of small and medium enterprises, policymakers, and researchers. SMEs’ owners/managers should also be encouraged to undertake strategic planning that can encourage them to utilize their resources to improve their performance. Finally, the study concludes with feedback from theory, methodology, consequences, guidelines, limitations, and future research. 2021 Thesis https://etd.uum.edu.my/9938/ https://etd.uum.edu.my/9938/1/s902110_01.pdf text eng 2024-03-01 staffonly https://etd.uum.edu.my/9938/2/s902110_02.pdf text eng staffonly other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ahmad, Shuhymee
topic	HD28-70 Management Industrial Management HD58.9 Organizational Effectiveness. HD60 Small Business.
spellingShingle	HD28-70 Management Industrial Management HD58.9 Organizational Effectiveness. HD60 Small Business. Ahmad, Israr A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan
description	The study examines the determinants of companies' key skills and strategies to understand better how firms can use their resources to achieve success. This study is, therefore, undertaken for this reason to investigate the connections between possible variables. Specifically, it aims to examine the mediating effect of strategic planning on the relationship between technical skills, managerial skills, entrepreneurial skills, business skills, and performance of the small and medium enterprises in Punjab, Pakistan. In addition, all independent, dependent, and mediator variables are theoretically underpinned by the Resource-Based View (RBV) theory in view of the utilizations and implication of organizational resources. Data collected through self – administrative questionnaires with 265 owners/managers of small and medium enterprises in Punjab, Pakistan. Partial Less Squares Structural Equation Modelling (PLS-SEM) is used to analyze the data and test the hypothesis. The study's findings suggest a significant relationship between managerial skills, entrepreneurial skills, business skills, and strategic planning. Strategic planning mediating the relationship between managerial skills, entrepreneurial skills, business skills, and firm performance for the mediating effect. However, no empirical support has been found from the mediator on the relationship between technical skills and firm performance. This study provides valuable insights into strategic planning's role in improving the firms’ performance to the owners/managers of small and medium enterprises, policymakers, and researchers. SMEs’ owners/managers should also be encouraged to undertake strategic planning that can encourage them to utilize their resources to improve their performance. Finally, the study concludes with feedback from theory, methodology, consequences, guidelines, limitations, and future research.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Ahmad, Israr
author_facet	Ahmad, Israr
author_sort	Ahmad, Israr
title	A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan
title_short	A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan
title_full	A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan
title_fullStr	A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan
title_full_unstemmed	A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan
title_sort	study on skills, strategic planning and performance of small and medium enterprises in punjab, pakistan
granting_institution	Universiti Utara Malaysia
granting_department	School of Business Management
publishDate	2021
url	https://etd.uum.edu.my/9938/1/s902110_01.pdf https://etd.uum.edu.my/9938/2/s902110_02.pdf
_version_	1747828705105805312

A study on skills, strategic planning and performance of small and medium enterprises in Punjab, Pakistan

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