A Study to Examine The Additional Strategies Developed by Nigerian Development Finance Institutions to Ensure Long-Term Financial Sustainability Between 2017 and 2021

Westford
Research Journal

Online ISSN No. 2790 – 3885

A Study to Examine The Additional
Strategies Developed by Nigerian
Development Finance Institutions to Ensure
Long-Term Financial Sustainability Between
2017 and 2021

Bonaventure Enike Okhaimo
ORCID No: 0000-0002-7490-3398
Email: bonavee1@gmail.com

ABSTRACT

Development Finance Institutions (DFIs) are universally charged with providing financing to growth sectors in their respective jurisdictions. The Nigerian government since 1964, has set up several DFIs, some of which were unable to perform optimally, despite this, there have been attempts to restructure them into more commercially oriented enterprises. This study aimed to identify and explore the additional strategies that the Nigeria DFIs have developed to ensure long run financial sustainability between the periods of 2017 to 2021. It examined a quantitative approach to measuring the financial sustainability of Nigerian DFIs using different metrics, empirically, the impact of the adoption of the wholesale model, the implementation of institutional safeguards, and the influence of political interference on corporate governance on long-run financial sustainability. The results identified that (1) the wholesale model has had a positive impact on financial sustainability indices like the NPL, CAR, ROE, and SDI from 2017 to 2021, (2) several respondents believed that Corporate Governance and Institutional Safeguards are directly related to financial sustainability. The study results showed that to ensure long run financial sustainability by Nigerian DFIs, effective corporate governance and the implementation of institutional safeguards underpinned by a business model that works (the Wholesale model) are important.

Keywords: Development finance Institutions, Wholesale DFI Model, Retail DFI Model

The Role of Transformational Leadership Style in Secondary Level Teaching. A Case Study of Secondary Schools in Oman

Westford
Research Journal

Online ISSN No. 2790 – 3885

The Role of Transformational Leadership
Style in Secondary Level Teaching.
A Case Study of Secondary Schools in Oman

Janaki Venkatesh
ORCID No: 0000-0001-9853-0146
Email: janavenkatesh@gmail.com

ABSTRACT

Teachers of the 21st century are qualified, motivated, facilitators of learning who play a key role in the education of children in their respective countries. Their mission is not only to impart education but also to nourish higher-order thinking skills, effective collaboration, communication, counseling, critical thinking skills, etc. Since teachers play such a major role in the learning outcome of the students, they need to perform their best. Their performance is directly linked to their motivation which on one side affects their attitude at work and on the other side impact’s student’s motivation to study (Hyseni Duraku and Hoxha, 2021).

Teachers’ motivation is influenced by various factors and one of the major determinants is a school leadership style which affects the teacher’s motivation to work, their mental exhaustion, burnout, etc. Some research findings have suggested that the leadership styles and practices followed by school leaders have a direct impact on the motivation of teachers. Leadership styles have evolved from religious, political, and military styles and later during the industrial revolution towards transactional and latest transformational leadership. Transformational Leadership has emerged today as the new leadership paradigm. This kind of leadership leans towards internal motivation and personal development rather than the traditional exchange process of transactional leadership and this doctrine is very much pertinent to school heads. It is a well-known fact that a school leader has a direct impact on the entire body of the school- teachers, students, parent committee, school committee, local community, and government (Bellibas and Liu, 2018).

Transformational leaders also improvise student relations. They consider the lived experiences of the students and find out means to better their experiences. “If we want our students to have the courage to speak up, then the adults around them need to demonstrate that we have trust in them. Lisa Brady, Superintendent, Dobbs Ferry Union Free School District, New York State (Fontein, 2022)

The educational sector in Oman has gone through major changes and is always in the process of keeping abreast with the educational reforms. Oman like other countries in the Gulf region employ expatriates from all over the world. Due to this, the demand for private schools with different curriculums are always increasing. In this study the focus is going to be on private schools and secondary education as leadership in secondary education is very crucial as its critical to be aware of the diverse needs of students which can be emotional, or career related.

Most countries nowadays are trying to modify their education system to the constantly changing society. The expectations of parents and students from educational institutions are changing. There are still many old thinking-run schools where the school leaders are selected as per their age and who are almost on their verge of retirement. The requirement of necessary leadership skills needs to be redefined in majority of the educational sectors. The ultimate role of school leaders or school administrators should not be to acquire a particular position through their qualifications and experience but to imbibe or learn leadership skills to carry out effective leadership in diverse environments.

Critical Analysis of The Impact of Knowledge Management Tools in The Decision-Making Process of Multidisciplinary Healthcare Teams

Westford
Research Journal

Online ISSN No. 2790 – 3885

Critical Analysis of The Impact of
Knowledge Management Tools in The
Decision-Making Process of
Multidisciplinary Healthcare Teams

Dr. Daniel Florin Nicula
ORCID No: 0000-0003-4772-8675
Email: dan.nicula29@gmail.com

ABSTRACT

Healthcare is a knowledge-driven industry, hence knowledge management (KM) and methods to manage knowledge are becoming more popular. Furthermore, KM in healthcare is crucial to EBMP (Evidence Based Medical Practice), which is the process of making clinical decisions based on research, clinical judgment, and patient preferences and values. The aim of the following study was to evaluate the role of knowledge management tools in supporting the multidisciplinary teams involved in the clinical decision-making process for patient care and to evaluate the influence of KM tool in the team climate. Furthermore, it was an object of the study to examine the barriers of implementing KM tools in healthcare and to analyze the disadvantages of knowledge management tool. To meet the aims and objectives, this research was based on the mixed method analysis which comprised of the interviews from the healthcare workers and the critical review of the 12 previous studies. The study concluded that despite of the various advantages of knowledge management tools on healthcare including the improvement in clinical practice and outcomes, increased patient’s satisfaction, and raised standards of the practice, there are multiple barriers which negatively affects the application of knowledge management tools in healthcare.

An Analysis on the Effectiveness of Performance Appraisal System: Correlation of Job Satisfaction and Employee Retention to Workforce Performance at Dr. Sulaiman Al Habib Hospital in Riyadh, Kingdom of Saudi Arabia.

Westford
Research Journal

Online ISSN No. 2790 – 3885

An Analysis on the Effectiveness of
Performance Appraisal System: Correlation
of Job Satisfaction and Employee Retention
to Workforce Performance at Dr. Sulaiman
Al Habib Hospital in Riyadh, Kingdom of
Saudi Arabia.

Maya Ziadeh
ORCID No: 0000-0001-9094-6032
Email: mayaziadeh8069@gmail.com
Dr. Fernando Erana Reyes Jr. DComm, Ph.D.
ORCID No: 0000-0002-0708-6631
Email: fernando.r@westford.org.uk

ABSTRACT

The main objective of this study was to determine the Effectiveness of Performance Appraisal System: Correlation of Job Satisfaction and Employee Retention to Workforce Performance in the healthcare sector in Saudi Arabia at Dr. Sulaiman Al Habib Hospital in Riyadh.

With the goals of determining how the performance appraisal system affects employee performance at Dr. Sulaiman Al Habib Hospital; determining how employee views of PAs can be improved to improve job satisfaction by investigating the impact of employee performance appraisal systems on job satisfaction within a healthcare organization as well as the healthcare sector at Dr. Sulaiman Al Habib Hospital in Riyadh, Kingdom of Saudi Arabia; and providing data that hospital administration can use

The findings of this study will help firms establish successful performance measurement systems by allowing the company to discover and make recommendations that will enhance effective staff assessment and, therefore, staff performance. The study findings were beneficial to academics and researchers in laying the groundwork for future research on the subject and providing a critical appraisal of the profession. It founded on expectations theory and equity theory. A cross-sectional descriptive research approach was adopted for the investigation.

A sample of 50 staff from Dr. Sulaiman Al Habib Hospital in Riyadh. The primary data gathering instrument employed by the researcher was questionnaires.

Keywords: Performance Appraisal System, Job Satisfaction, Employee Retention, and Workforce Performance

Total Quality Management and Performance: Gender and Company Size as Moderating Factors in Pharmaceutical Distribution Companies in Somalia

Westford
Research Journal

Online ISSN No. 2790 – 3885

Total Quality Management and
Performance: Gender and Company Size as
Moderating Factors in Pharmaceutical
Distribution Companies in Somalia

Badra Saed Hussein
ORCID No: 0000-0003-4569-3894
Email: badra2099@live.com
Ansarullah Tantry
ORCID No: 0000-0002-7944-4661
Email: ansarullah.t@westford.org.uk

ABSTRACT

Total quality management is a strategy for ensuring long-term success by focusing on improving the customer experience. When a company implements Total Quality Management, everyone in the company works together to better the company’s operations, its outputs, and its internal culture. For this reason, researchers in Somalia set out to analyse how Total Quality Management principles affect business success in the pharmaceutical distribution sector. A cross-sectional approach was used in the research and Somalia’s 30 pharmaceutical wholesalers were examined.

Since everyone has an equal opportunity of being included in the study, a stratified random sampling approach was applied. Structured questionnaires were used to gather the primary data. Descriptive statistics were used to analyse the data using SPSS, and the results were displayed as percentages, probabilities, means, standard deviations, correlation coefficients, and SEM.

In this study, it was found that pharmaceutical company performance was significantly impacted by TQM principles. A positive correlation between TQM principles and company performance was confirmed by SPSS (Pearson correlation) analysis. TQM’s impact on business success is examined further and found to be independent of factors like employee gender or firm size. This study’s findings corroborate those of earlier research and shine a light on how crucial TQM techniques are to the financial and social success of the pharmaceutical distribution industry. Both the study’s limitations and its recommendations for businesses are examined.

Common Leadership Traits Among Executives in Financially Successful Organizations in Oman

Westford
Research Journal

Online ISSN No. 2790 – 3885

Common Leadership Traits Among
Executives in Financially Successful
Organizations in Oman

Venkatesh Palakkad
ORCID No: 0000-0002-5958-1124
Email: venkat@rabhr.com

ABSTRACT

This research work is primarily anchored on the traits theory of leadership and uses a very reliable and valid leadership assessment framework and tool to unravel common leadership traits found in executives working in select companies featuring in the top 20 financially successful companies operating in Oman which has consistently generated profits for the last 5 years. Considering the scope of this study, as well as the ensuing results, it can be concluded that there are common leadership traits among consistently profit-making organizations in Oman and the leadership traits seen in the top 20 organizations are different from the ones seen in the top 5 organizations which probably is the difference between good companies and great companies. This study to unravel if there are common leadership traits among Senior leaders working for consistently profit-making companies has made some contributions to the field of talent management and human resource development. Supporting the work of other researchers such as (Mishra, Grunewald, and Kulkarni, 2014) the study has again confirmed that the relationship between leadership traits and the profitability of Companies

Keywords: Competency, Traits, Profitability, leadership, Oman

Employment Retention: Active Employee Engagement, Employee Satisfaction and Leadership Factors of a Successful Human Resource Strategic Practices in an Organization

Westford
Research Journal

Online ISSN No. 2790 – 3885

Employment Retention: Active Employee
Engagement, Employee Satisfaction and
Leadership Factors of a Successful Human
Resource Strategic Practices in an Organization

Surya Prasad Mainali
ORCID No: 0000-0002-1686-9785
Email: sooraz1981@gmail.com
Dr. Ansarullah Tantry
ORCID No. 0000-0002-7944-4661
Email : ansarullah.t@westford.org.uk

ABSTRACT

For organizational executives, the lack of retention methods might become a top worry. In the long run, the company will gain by keeping valuable people. The current study attempted to examine how successful human resource strategic practices in an organization determine its employee retention taking employee engagement, employee satisfaction, and leadership into consideration. The study was conducted on 108 school teachers. Data from this quantitative study was collected by using standardized tools and analysis was done by using correlation and regression statistics. The results from the inter-correlations matrix showed that there are significant positive correlations among all the factors. Moreover, regression analysis suggested that employee engagement, employee satisfaction, and transformational leadership are the potential predictors of employee retention. Employee satisfaction emerged as the most potential predictor of employee retention among teachers

Blockchain in Strategic Human Resource Management

Westford
Research Journal

Online ISSN No. 2790 – 3885

Blockchain in Strategic
Human Resource Management

Kaniz Farhana Mohamad
ORCID No: 0000-0001-5314-1171
Email: kaniz.farhana@live.com
Westford University College – UCAM Spain
Liza Gernal
ORCID No. 0000-0002-6451-8066
Email : Liza.g@westford.org.uk
Westford University College, UAE
Ihsan Imtiaz
ORCID No. 0000-0001-5256-3794
Email : Ihsan.i@westford.org.uk
Westford University College, UAE

ABSTRACT

Changes are necessary, that’s a way one can be prepared for what’s to come in future. Of all the drastic and
major changes, this paper shall however focus on the shift of Human Resource Management; the core of any
organization that targets to achieve their premeditated outcomes through planning strategically. To stay
abreast of the demands and rigor within the profession, Human Resource Management must always adapt
and respond to changes thereby altering their own competencies and knowledge (Peacock, 2017). Between
familiarizing new technology in different range of any given organization and managing their resources,
Human Resource has somehow missed out on some of the major disadvantages that came along. This
research paper thus shall introduce a very innovative and new technology; Blockchain to fill up gap that the
existing technology has created and strategically overcome the loss in future. Presenting in detail about any
technology on papers is easier, but how far would organizations understand the necessity of this implementation
and even if they are willing to take the risk was calculated through conducting this quantitative research.
A very detailed literature review has been done in this research paper to point out the gap created and how it
could be mend. Finally, it was concluded that the surveyed population which represented the Human
Resource, settled introducing this technology would be a strategic move.

Keywords: Human Resource Management (HRM), Strategic Human Resource Management (SHRM),
Blockchain Technology, Applicant Tracking System (ATS).

Plateauing Demand & Cheaper Energy Alternatives disrupting Oil & Gas Industry Supplies. Portfolio Analysis of total energy mix amidst rising demand for Fossil Fuels

Westford
Research Journal

Online ISSN No. 2790 – 3885

Plateauing Demand & Cheaper Energy
Alternatives disrupting Oil & Gas
Industry Supplies. Portfolio Analysis of
total energy mix amidst rising demand
for Fossil Fuels

Saritha Naik
ORCID No: 0000-0002-8060-7819
Email: sarithanaik14@gmail.com
Westford University College – UCAM Spain
Dr. Raman Subramanian
ORCID No. 0000-0002-7175-3187
Email : raman@westford.org.uk
Westford University College, UAE

ABSTRACT

The current study aimed to focus on the demand aspect of the oil and gas industry where several
factors influence economic development, energy transition plan, government policies, technological
development etc. Mainly impact of renewable energy, nuclear energy and Electric Vehicles on oil and
gas industry is notified to analyze oil and gas industry demand by 2030.Various effective renewable
energy forms and carbon reduction techniques are also discussed in this report. Data analysis id done
using mixed methods – Quantitative and Qualitative Analysis Were Survey and interview questionnaire
are used to collect data and analyze. Finally, conclusions are drawn, and recommendations are given
based on the research analysis.

Student Satisfaction and Service Quality in Higher Education

Westford
Research Journal

Online ISSN No. 2790 – 3885

Student Satisfaction and Service Quality
in Higher Education

Libin Matthew
ORCID No: 0000-0003-1617-9749
Email: lbnmathew@hotmail.com
Westford University College – UCAM Spain
Liza Gernal
ORCID No. 000-0002-6451-8066
Email : Liza.g@westford.org.uk
Westford University College, UAE

ABSTRACT

This study aims to examine the student’s satisfaction level having online mode of classes. The study was
conducted in a higher education institution that is offering online international MBA and DBA program
during 2021-time frame. The research used purposive sampling method from selected online students and
questionnaires were given via google forms. Questionnaire used 5-point Likert scale for easy tabulation and
interpretation. The data was analyzed using SPSS Software for descriptive statistics. The findings of the
study are presented in the results and discussion part of the study.