Impact Of crisis Awareness on Organizational Performance: A Strategic Leadership Perspective in SME’s

Purpose: This study is an attempt to examine the performance of the organization during the times of crisis. The larger part of the interest is to ensure that in future organizations remain resilient enough not to be affected by such crises. One of the vital elements of this study is to examine the moderating role of strategic leadership of SME’s in times of crisis. Any rumor or real time security threat could seriously challenge the prospective business opportunities especially in the tourism sector in Pakistan. In fact, this is one of the fragile business sectors exist in the modern world too. Methodology: The present study uses quantitative approach to empirically verify the impact of crisis situation awareness on organizational performance. The research uses tourism sector as unit of analysis. Survey questionnaire were distributed among the Owners, Operation Managers, Finance Managers, and the Administrators. Findings: Incharge of various travel and tourism companies and partial least square path modelling was used to draw meaningful conclusions. Results suggested that organizations which are more aware are in a better position to enhance their performance even in the times of crisis. Conclusion: The study concludes by suggesting that in the tourism industry as the majority of the organizations or stakeholders are SME’s hence combining or bringing all resources to one platform and planning for any challenge can enable them to perform at optimal level. Researcher recommends that there are areas are also available to conduct further research on learning from failures as early events in Pakistan like attack on tourists in Fairy Meadows area and learning how to avoid and minimize damages from such uncontrollable events

The Impact of Retention Policies on Employees Satisfaction in UFONE – Karachi

Purpose: The purpose of conducting this research is to know whether retention policies enhance or declines the committed employee satisfaction in UFONE – Karachi. It is important to realize that the preferences of employees may vary from person to person and from situation to situation. Methodology: This study is quantitative as well as qualitative in nature and a close-ended questionnaire is used as a research tool to gather data and SPSS is used for data analysis. Employee satisfaction is dependent whereas retention policies and procedures are independent variables in this study. Subjects were randomly selected to know the effect of retention policies on the employee. This research focuses on the impact of retention policies on job satisfaction and the scope of research was UFONE Company - Karachi. 342 out of 400 employees accepted the importance of retention polices and said that it is important for employee’s satisfaction. Findings: The majority of the employees are satisfied with the retention policies, however dissatisfied employees were also there who were unhappy with the retention policies of the UFONE. Conclusion: There is a need in UFONE to revisit their employee retention policies and adopt quantifiable measures to improve and benefit their employees

The Effects of Fiscal Policy on Economic Growth: Empirical Evidences Based on Time Series Data from Pakistan

Fiscal policy refers to government‟s efforts to influence the direction of the economy through changes in taxes or expenditures. Optimal fiscal policy in Pakistan and in other developing countries plays a pivotal role in growth process and, hence, serves as a vital instrument for economic growth. The efficacy of fiscal policy in improving economic conditions in the long run is, however, a controversial issue and needs further investigation. In conventional model, a federal tax cut without a corresponding reduction in federal expenditures will encourage consumption expenditures and interest earnings due to increase in personal disposable income. Contrarily, according to Ricardian Equivalence Theorem (RET), the same change in fiscal policy will not result in any of the above mentioned macroeconomic impacts. In other words, a reduction in deficit-financed federal tax cut will not affect macroeconomic outcomes [Saxton (1999)]

Negative Impact of Abusive Supervision on Employee’s Personal And Professional Life: A Case Study On (AKUH)

Purpose: This study is designed to investigate the negative impact of abusive supervision on employees' personal and professional life; a case study at Aga Khan University Hospital (AKUH). The study also examines the effect of Abusive supervision on organizational performance. Methodology: Abusive supervision is harmful to an individual’s personal and professional life. Negative consequences like job dissatisfaction and high turnover are related to abusive supervision, which is harmful for an organization. The study is exploratory and quantitative in nature and will help organizations and human resource departments to understand the adverse impact of negative supervision and after critical analysis, they may take some positive measures to improve organizational performance. Data is collected from different departments of AKUH with the help of a questionnaire. The sample size was 126. The correlation and regression models are applied with the help of SPSS software to find out the relationship between abusive supervision and employees' personal and professional life. Findings: Overall the findings support the assumption that abusive supervision has an adverse impact on employee’s organizational performance. The major findings of the study are that there is a positive and significant relationship between Abusive Supervision and Employees Personal and Professional Life. Conclusion: Supervisors/managers need to develop strategies to motivate their team so that productivity is at its premium. A longitudinal study may provide a better insight into this complex area at the workplace. The study will provide assistance to the management of AKUH, and other similar organizations, with information and suggestions on how to reduce abusive supervision and its impact on employee’s personal and professional life, increase the level of organizational performance, employee’s satisfaction, and reduce turnover intention among employees.