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- ItemOpen AccessMulti-criteria Decision Analysis of Supply Chain Practices and Firms Performance in Nigeria(Logistics, supply chain, sustainability and global challenges, 2021-12) Amole, B.B.; Adebiyi, S.O.; Oyenuga, O.G.Companies are facing numerous pressures and challenges in order to be competitive in the market and meet the requirements of their customers which require an improvement in the supply chain practices of the firms to be more effective and efficient for sustainable competitive advantage. This study examines the use of a multi-criteria decision-making method using the analytic network process (ANP) to estimate how supply chain activities of the selected manufacturing firms’ influences its firm performance in other to enhance the satisfaction of customers. The population of the study is the manufacturing firms quoted in the Nigeria stock exchange. An ANP-based questionnaire was administered to Managers of selected manufacturing firms for pairwise comparison of supply chain factors relative influences and dependencies on their customers. A nonlinear network model was built to capture all the factors of supply chain practices and firms performance into clusters, nodes and dependences for the purpose of estimating various influences of supply chain practices on the performance of the various companies studied. Data collected were analysed using the software of Super decision 3.0version. The results revealed factors of supply chain practices that have a great connection with one another and strong relationship indicating that without the implementation of the key factors of the supply chain there would not be a significant improvement in the performance of the organisation which will also affect the desire of the customers. The ANP model has helped to show the interdependencies and feedback among the various factors of practices of the supply chain to augment the level of performance of the firms.
- ItemOpen AccessAssessment of Knowledge Sharing Factors among Academic staff in Nigerian Universities(Journal on Efficiency and Responsibility in Education and Science, 2019) Oyenuga, O.G.; Adebiyi, S.O.; Mustapha, D.O.; Abimbola, B.O.As a core process to knowledge management that aids innovation and regeneration of knowledge among individuals within institutions, knowledge sharing cannot be overemphasized owing to its importance in gaining a competitive edge and sustaining competitive advantage. Therefore, as the citadel of learning, academic institutions need to measure the factors that influence knowledge sharing among their scholars using approved multi-criteria models such as the analytic network process (ANP) in order to formulate and implement research-driven strategies for sharing knowledge in a way that global competitiveness will be enhanced. The research design is quantitative and analytical in nature through a survey of experts (Lecturers) with the usage of a pairwise comparison questionnaire. The sample was drawn through a multi-stage sampling procedure and 102 copies of questionnaires were retrieved and found fit for analysis. In addition, Ardichvili’s framework of factors contributing to knowledge sharing was adapted within the Nigerian cultural setting in order to widen the scope of knowledge. Data collected were modelled into clusters in line with the ANP technique. The results show that respondents believe that institutional norms factors were better motivators for knowledge sharing of which institutional culture stand out. In spite of the available organizational barriers, academia believes that individual barriers are disastrous to knowledge sharing.
- ItemOpen AccessDetermining the strategic consolidation of the capital base of Nigerian commercial banks(KAC Journal of Business Management, Kenya, 2011) Adekoya, A. G.; Oyatoye, E. O.The reformation of the banking industries by the Central Bank of Nigeria requiring banks’ to consolidate their capital base to N25 billion (about $166.7 million) became an optional concern to various managers in the banking industry. It thus became a necessity on the corporate managers of banks to decide on the different alternatives available to them by considering different criteria in order to strategically consolidate. This paper employed Analytic Hierarchy Process (AHP) as an evaluative tool for strategic reconsolidation of capital base by banks, using the recent experience of six merger/acquisition banks. The aim of the study specifically was to evaluate whether decisions taken by the various groups of banks in meeting the $166.7 million capitalization level could be proved right scientifically. The results confirmed that decisions taken by most of the groups of banks conformed to our scientific result with the exception of only one bank confirming the appropriateness of the AHP approach in such decision-making scenario.
- ItemOpen AccessApplication of AHP to investment portfolio selection in the banking sector of the Nigerian capital market(Journal of Economics and International Finance, 2010) Oyatoye, E. O.; Okpokpo, G. U.; Adekoya, A. G.The importance of investment to the individual, a nation and world economy cannot be over emphasized. Investment involves the sacrifice of immediate consumption to achieve greater consumption in the future. Western economies has emphasized saving and investment as the engine of economic growth. The Nigerian banking sector has made tremendous success in the recent past. All the banks that approached the capital market via public offers and right issues to raise their capital base recorded huge success. Apart from the fact that banks are experiencing structural expansion and high –posted profits, the investors in bank stocks are also enjoying high returns on investment, despite the slow growth in the nation’s economy. However, the recent financial crisis that started in America, which has caused economy meltdown in many nations of the world and sudden fall in share prices, has brought about a higher risk than envisaged on investors, particularly those investing in bank stocks. Hence, great care and monitoring is required on the part of investors to ensure that fund invested does not go down the drain. This paper applies the Analytic Hierarchy Process to determine the importance of the various criteria, factors and alternatives that are very essential to successful investment decisions in the face of the current recession.
- ItemOpen AccessAn Investigation of the Factors that are Critical to Successful Consolidation of Capital Base by Banks(International Journal of Business and Management Tomorrow, 2011) Oyatoye, E. O.; Adekoya, A. G.; Dixon-Ogbechi, B. N.; Haran, E. M.; Aiyeku, J. F.In recent years, the Nigerian economy has witnessed the introduction of a large number of reforms to move the economy forward. In this connection, the Nigerian banking industry experienced a major governmental policy change in 2004 when the Central Bank of Nigeria announced that banks operating in Nigeria had to consolidate their capital base for the Nigerian banking industry to meet developmental challenges of the 21st century. It thus became a necessity on the corporate managers of banks to decide on the different alternatives available to them by considering different factors in order to strategically and successfully consolidate. This paper conducts an investigation into the rating of the factors that are critical to successful consolidation of capital base by banks. Respondent were asked to indicate the different approaches by which a bank could achieve consolidation of capital base. Respondents were requested to indicate and compare the various factors identified to be critical to successful consolidation of capital base, according to their judgment, on how important they are when compared with one another. The sample size for the study was 144 participants. Responses were generated from top, senior and middle management levels of eighteen banks that resulted into six mega banks by means of a structured questionnaire containing dichotomous questions based on Saaty’s scale of preference, using both quantitative and qualitative factors. Consistency ratios were computed to confirm how consistent the judgments of the respondents were. Composite priorities of the critical importance of the factors were computed, while the pooled average composite priorities were also computed. The results from the study revealed that the most important factor to successful consolidation of capital base by a bank is total assets. This was followed by market share and managerial skill, in that order, respectively.