A new business world is emerging, which every organisation must appreciate and know how to exploit. The concepts of strategy do not need to be rewritten, but must be adapted to this new era. Utilisation of the Internet and human capital to its fullest is transforming the way that business is conducted in achieving its objectives. The key to an organisation’s competitive advantage, is to invest in training, skills enhancement and the personal development of its staff. A requirement of the National Ports Authority is to be committed to basic adult education and preparing employees for re-skilling from the shop floor to the boardroom to ensure it is seen as an equal opportunity employer. The research problem addressed in this study was to determine the factors necessary to achieve strategic advantage using human capital. Relevant literature was used to develop a new model to address some of the issues facing the organisation, as well as ensuring that the National Ports Authority can leverage itself into a competitive advantage. To manage and measure knowledge-based resources is one of the most important challenges for a modern company. This challenge is incorporated in the new model developed by the study. The theoretical model consisted of various factors, which were analysed and formed into principles which were identifiable from the literature study. This model was then used to compile a questionnaire to test the responsiveness of the role players concurring. The empirical results analysed indicated that the respondents concurred with the theoretical study and factors of the new model that was developed.

From Preface: Although Alfred Marshall's definition of economics has been criticised for its allegedly narrow conception of the subject, it is sometimes overlooked that he considered the study of wealth but one side of the matter. To Marshall, the other and "more important" side of economics was that it also forms "a part of the study of man". The basic thought which underlies the present study is a similar one, namely, that economics is not only concerned with goods and service, but also with men and human action. It is spatially confined to an analysis of the human resources in a region consisting of 21 magisterial districts in the Eastern Cape Province, which cover an area of 72, 462 square kilometres, collectively described here as the Cape Midlands.

The Constitution of the Republic of South Africa guarantees the right of education to all citizens of the country. The Eastern Cape Department of Education went a step further by adopting a vision to ensure quality public education that will result in the positive transformation of all schools. Education is therefore a very important part of the life of any society and needs to be protected at all costs. It is therefore important that all obstacles in the way of providing quality public education be removed. It is no secret that the Eastern Cape Department of Education has had a number of battles with some of its social partners. These battles have negatively impacted on the education system. This Department also received the largest slice of the taxpayers’ money. It is time to take serious steps to halt the waste of time and resources. It is against this background that this study wanted to consider policies, procedures and practices that generated tension between the management and labour in the Eastern Cape Department of Education. It is my belief that if tension between the different social partners can be reduced, we would have gone a long way in achieving the vision of the Department of Education. The research methodology that was followed for this study comprised the following: • Literature was reviewed that dealt with labour relations and human resources. • A questionnaire was designed to collect information from the different participants. • The information in the questionnaire was incorporated into the main study where findings were identified and recommendations were formulated.

A descriptive research with quantitative approach examined human capital in Non-profit organisations with three objectives: to ascertain the qualifications and skills essential in the non-profit sector; to determine if Non-profit organisations provide training and education support for its workforce and to describe formal education level of NPO workforce in South Africa. The study population were employees of Non-Profit organisation (NPO’s) operating in Cape Town. In order to evaluate human capital, workforce level of education of the non-profit organisations in South Africa, significant to addressing most Non-profit organisations challenges in recent time, a survey has been conducted among the South Africa non-profits, identified on the basis of the simple random sampling. 300 questionnaires were sent out, and 147 valid responses received. Empirical results from the selected civil society organisation seem to suggest and concluded that Non-profit organisations workforce are educated up to Honours degree level on average. However, that education may not be priority for the workforce, rather passion for the job and that satisfactory human capital management reduces turnover, in order word attract and enable retention of productive workforce for non-profit organisation effectiveness.

Research report submitted to partially fulfill the Master of Management in Finance and Investments to the Faculty of Commerce, Law and Management at the University of Witwatersrand March 2017 / This study empirically examines whether the capital structure for natural monopolies (parastatals) dynamically responds to macroeconomic conditions. It further examines whether the balance sheet channel theory holds for this industry sample. The study adopts a double sampling approach from the population of water boards in South Africa (SA), which raise their capital in open financial markets. A quantitative research approach is adopted with a descriptive design to achieve relevant deductions. Panel techniques are used in the descriptive design for the regressions. The study finds that leverage partly dynamically responds to macroeconomic conditions. Furthermore, the evidence shows that inflation is an exception that has no significant relationship with leverage. The balance sheet channel theory is found to hold for water boards that access capital in open financial markets. Specifically, empirical evidence shows that changes in the interest rate have a delayed impact on the companies’ characteristics, including capital structure. Overall, our evidence suggests that water boards in SA need to consider the benefits of linking financial policies to the business cycle and that their policies should consider the delayed effect of interest rate changes. / MT2017

Submitted in fulfillment of the requirement for the Degree of Master of Technology: Cost and Management Accounting, Durban University of Technology, 2013. / Property, plant and equipment (PPE) constitute a significant portion of total assets of South African public higher education institutions. It is therefore important to keep proper records of the assets and to account for them accurately in the Annual Financial Statements. The aim of this study therefore was to investigate the accounting treatment of property, plant and equipment at public higher education institutions (PHEIs) in South Africa. The following objectives were addressed in this study, to: determine how assets are classified; find out how asset transactions are recorded; and to determine the accounting treatment of assets in terms of cost, depreciation, impairment and disposal. Based on the International Financial Reporting Standards, this study used a mixed-methods research approach to collect data regarding the accounting treatment of PPE at the 23 PHEIs in South Africa. Analysis of results indicated that some institutions: apply different useful lives for the same asset classes; use threshold amounts for the recording and depreciating of assets; use the same value for the recording and depreciating of assets while others record at one value but depreciate at a higher value; and depreciate PPE at different rates as they apply varying useful life to different asset classes. This study also found that while some institutions do impairment testing on an annual basis, others do not, as they do not have a policy in place for impairment testing. Given that the activities or business of educational institutions are similar in nature, this study recommends that PHEIs need to apply consistent recording of assets in terms of their useful life as the useful life of an asset has direct correlation with the surplus or deficit of an institution. This study makes further recommendations regarding the accounting treatment of PPE at PHEIs in South Africa based on the findings of this study. Suggestions for further research are also presented.

M. Tech. Business Administration / Knowledge management is considered to be a sustainable way to retain knowledge in an organisation. The overall objective of the study was to analyse and assess the state of knowledge management in South African construction and engineering consulting companies using the variables: knowledge management awareness and commitment; knowledge management maturity; and tools and strategies used in knowledge management.

Thesis (MDF)--Stellenbosch University, 2014. / ENGLISH ABSTRACT: The earnings of small and medium enterprises (SMEs) depend entirely on their reinvestment rate of capital. A quicker reinvestment rate of capital would not be possible when debtor’s collection period and stockholding period is slow, nor will it be possible with a shorter creditor’s payment period. Therefore, working capital management is fundamental when it comes to the overall performance of small and medium enterprises. As a result, this study examines the impact of working capital management on the profitability of small and medium enterprises in South Africa. Working capital management has a direct relationship with profitability. The data selected in this study consists of all firms listed on AltX, which is a division of the Johannesburg Stock Exchange, for the period 2000 to 2013. Descriptive statistics and regression analysis were used to evaluate the data collected and the results concurred with the relationship found between working capital management and profitability. Specific variables such as the cash conversion cycle, debtors’ collection period, stockholding period and creditor’s payment period are all associated with the profitability of firms. The dependent variable is return on assets and is the measure of profitability in this study. Furthermore, the results of this study may provide significant insight for financial analysts, shareholders, creditors and managers.

Submitted in fulfillment of the requirement for Doctor of Philosophy in Management Sciences, Durban University of Technology, Durban, South Africa, 2016. / The aim of this study was the development of an Exploratory Framework of Human Capital linked to Intellectual Capital and Knowledge Management for the Durban University of Technology as a case study. The main problem revolved around the lack of an integrated road map for the identification, management and operationalisation of an integrated framework for the Durban University of Technology (DUT) in the UoT Sector, focusing on Human Capital capabilities, Intellectual Capital and Knowledge Management, which emphasised the need for this study. The three main objectives of the study were to investigate the importance and contribution of Human Capital at the DUT operating in a highly dynamic Knowledge-based Economy, to formulate strategies for the Institution to meet its Human Capital demands in the competitive Knowledge-based Economy and to develop an Exploratory Framework of Human Capital linked to Intellectual Capital and Knowledge Management for the Durban University of Technology. The research design adopted was the quantitative paradigm with a pre-coded structured close ended questionnaire comprising the 5 Point Likert Scale that was used to administer the instrument to the selected sample respondents. The questionnaire comprised of 5 Sections, each under a specific main theme related to the research topic. The target population comprised of 1874 employees at the Durban University of Technology. A computerised tool called the Excel Functionality Program was used to generate the random numbers for the sample selection for each group. The sample of 320 employees was selected using simple random sampling without replacement for both the Administrative and Academic staff members at the DUT. A total of 280 questionnaires were returned by the sample respondents. However, 8 questionnaires were discarded as they were incomplete and the final questionnaire returns equated to n = 272, namely, (118 questionnaires from the Academic Staff grouping and 154 questionnaires from the Administrative Staff). This represented a high response rate of 85% which was largely attributed to the researcher using the personal method of data collection. After the study was completed, the researcher solicited the services of a Senior Librarian to run the TURNITIN Program to test the entire thesis for plagiarism which proved useful. In the main, the analysis of the data involved the use of robust non-parametric tests for the empirical analyses using the Statistical Package for Social Sciences (SPSS) version 21 for Windows. A variety of non-parametric tests were also used to test some 71 hypotheses formulated for the various sections and components of the study as well the tenability of the Exploratory Framework (Figure 4.1) developed. Some significant findings emerged from the comprehensive statistical analyses which were also corroborated by national and international studies conducted by various researchers who also showed their concordance or discordance with the current findings and were referenced accordingly. It should be noted that the recommendations cannot be generalised to other UoTs in the HE Sector, as this was an in-house investigation involving the DUT as a case study. The main empirical findings of the study, inter alia, included the following: The value of integrating Intellectual Capital and Knowledge Management into strategic planning at the DUT, the importance of developing an operationalised Human Capital Scorecard to address the different functions of the Academic and Administrative groups respectively at the DUT and a strong emphasis and role of Strategic Human Resource Management at the DUT. Thus, the Exploratory Framework developed as a model for the DUT within the UoT Sector concomitant with the outcomes and recommendations of the study may prove beneficial for future goal oriented strategies by top management of DUT. The study concludes with suggestions for further research in this emerging field of endeavour. / D

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Management specialising in Entrepreneurship and New Venture Creation. Wits Business School, University of the Witwatersrand, Johannesburg (March 2017) / Innovation is one of the core and key characteristics of entrepreneurship, which stimulates operational and financial success of a firm. Innovation is ambidextrous in nature, characterised by exploration and exploitation. This report is concerned with exploitative innovation, which is characterised by new; products, services, and processes. This Research Report investigates how human capital investments (years of schooling and years of work experience of telecoms firms’ senior managers and executives) relate to innovation performance. This paper uses the human capital theory and the resource base theory to understand the perceived impact of human capital investments on performance and also its perceived moderation effect on the nexus between innovation and performance. Research findings from 81 senior management and executives of four major telecoms firms in South Africa indicate that innovation has a perceived direct impact on the perceived success of the firm. However, a counterintuitive relationship of human capital investments with performance is observed. Furthermore, human capital investments have a counterintuitive moderating effect on the nexus between innovation and performance. Therefore, this research report discusses human capital variable configurations that are more likely to have a perceived impact on a telecoms firm performance, and human capital variable configuration that are likely to have a moderating effect on the nexus between innovation and performance. / MT2017