Browsing by Author "Saraf, P.K."

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Empowering Engineers for Research Careers – Role of Undergraduate Research Experience and Institutional Support
(Rajarambapu Institute Of Technology, 2024) Kirupa Priyadarsini, M.; Saraf, P.K.
Promoting a research mindset among undergraduate students is crucial to fostering a culture of inquiry, critical thinking, and innovation. HEI’s impetus on research at undergraduate levels has garnered increased attention in recent years across the country. For India to make a mark in research, especially in publication at an international level, HEIs must recognize the value of a research-oriented curriculum. The paper attempts to study the effect of undergraduate research experience and institutional support among engineers on research mindset and the impact of research mindset on career aspirations in research. The study followed a descriptive & relational research design. With a theoretical background of expectancy-value theory, four study variables were identified through literature: Undergraduate Research Experience (URE), Institutional Support, Research Mindset, and Career Aspirations in Research. Final and Prefinal year engineering students from tier 1 and tier 2 engineering institutions were the target respondents. Validated scales were adopted and used to collect data. The hypothetical model was formulated and tested with three direct effect hypotheses and indirect effects. Structural equation modelling (covariance-based method) was administered to prove the theoretical framework. Opensource GUI Software, Jamovi, was used for this purpose. The test results indicate a positive impact of URE and Institutional support on research mindset, and research mindset has a positive impact on career aspirations in research among engineers. Suitable suggestions and recommendations follow. © 2024, Rajarambapu Institute Of Technology. All rights reserved.
Identification of challenges to Industry 5.0 adoption in Indian manufacturing firms: an emerging economy perspective
(Taylor and Francis Ltd., 2025) Sahoo, P.; Saraf, P.K.; Uchil, R.
This study aims to identify a comprehensive list of challenges and empirically evaluate their impact on Industry 5.0 adoption, particularly in developing countries in Indian manufacturing firms. Challenges were classified into four significant categories: human, environmental, legal and ethical, and financial through an extensive literature review conducted and experts’ inputs. Multi-criteria decision-making (MCDM) is a method for analyzing complex issues by assessing multiple alternatives based on specific criteria. The analytic hierarchy Process (AHP) aids in selecting suitable options, while the analytical network processes (ANP) technique determines relevant criteria. A sensitivity analysis was carried out to validate the research findings. The most preeminent challenges were identified as human critical thinking, human-machine teams, incorporation of ethics, investment in Industry 5.0 technologies, human well-being perspective, over-dependency on technology, and personalization and hyper-customization 5.0, respectively, in the adoption of Industry 5.0. The comprehensive challenges proposed in the study will assist decision-makers, practitioners, and managers in determining fair benchmarking strategies to precipitate Industry 5.0. This research helps to gauge manufacturing firms’ readiness index to adopt Industry 5.0, provides a distinct perspective, and foregrounds the significance of research to assist the industry in its long-term to anticipate Production 6.0. © 2024 Informa UK Limited, trading as Taylor & Francis Group.
Moving toward Bank 4.0 in India: a qualitative thematic analysis and future research agenda
(Emerald Publishing, 2024) Sahoo, P.; Saraf, P.K.; Uchil, R.
Purpose: The banking sector is more revolutionized than ever, with advanced technologies driving a seismic change in the financial industry. This study aims to understand how digital technologies influence banking sector employees and their perception of working in an era of Banking 4.0. Design/methodology/approach: This study incorporated qualitative analysis to gain different insights from diverse respondents from banking industries. A purposive sampling method was adopted, and semistructured interviews were conducted, taking a sample of 72 respondents. All the transcripts were then analyzed using NVivo. Findings: The findings focus on challenges related to understanding technology phenomena, managing changes, infrastructure, skills, competitiveness and regulatory mechanisms. This is further followed by the favorable impact of Banking 4.0 on employees and future avenues, such as innovation in financial services, work productivity, career opportunities and change management, banking 4.0 and banking 5.0, and banking 4.0 management strategies identified as the significant findings. Practical implications: This study provides guidelines for Banking 4.0 provision strategy and conceptual reference toward the development of Banking 4.0. It also supports the Enhanced Access and Service Excellence 4.0 program, driven by the Indian Bank’s Association, to focus more on digitization, automation and data analytics. Originality/value: The novelty of this research provides a qualitative hierarchy of significant challenges, favorable impacts and future research avenues of Banking 4.0 in the Indian banking sector. © 2024, Emerald Publishing Limited.
Prioritization of critical factors toward Industry 4.0 adoption in service industries: an emerging economy perspective
(Emerald Publishing, 2024) Sahoo, P.; Saraf, P.K.; Uchil, R.
Purpose: Significant developments in the service sector have been brought about by Industry 4.0. Automated digital technologies make it possible to upgrade existing services and develop modern industrial services. This study prioritizes critical factors for adopting Industry 4.0 in the Indian service industries. Design/methodology/approach: The author identified four criteria and fifteen significant factors from the relevant literature that have been corroborated by industry experts. Models are then developed by the analytical hierarchy process (AHP) and analytical network process (ANP) approach to ascertain the significant factors for adopting Industry 4.0 in service industries. Further, sensitivity analysis has been conducted to determine the sensitivities of the rank of criteria and sub-factors to corroborate the results. Findings: The outcome reveals the top significant criteria as organizational criteria (0.5019) and innovation criteria (0.3081). This study prioritizes six significant factors information technology (IT) specialization, digital decentralization of all departments, organizational size, smart services through customer data, top management support and Industry 4.0 infrastructure in the transition toward Industry 4.0 in the service industries. Practical implications: The potential factors identified in this study will assist managers in determining strategies to effectively manage the Industry 4.0 transition by concentrating on top priorities when leveraging Industry 4.0. The significance of organizational and innovation criteria given more weight will lay the groundwork for future Industry 4.0 implementation guidelines in service industries. Originality/value: Our research is novel since, to our knowledge, no previous study has investigated the potential critical factors from organizational, environmental, innovation and cost dimensions. Thus, the potential critical factors identified are the contributions of this study. © 2024, Emerald Publishing Limited.