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The impact of entrepreneurial orientation on performance in the metals and engineering industryBahula, Mokgele Aubrey 16 February 2013 (has links)
This study seeks to understand whether there exists a relationship between entrepreneurial orientation (EO) and firm performance (FP) and whether this is applicable in the context of the South African metals and engineering industry. An exploratory quantitative study of 125 SMEs and large firms in the metals and engineering industry was undertaken in 2012 to investigate the existence of the relationship between EO and FP. EO is measured using the Hughes&Morgan (2007) EO scale which incorporated the five dimensions of Lumpkin&Dess (1996). The Hughes&Morgan (2007) EO scale is used to study the independent effects of these multi-dimensions on FP. A Chi-square test is used to test the significance independence of the relationship between the multi-dimensions of EO and FP. This cross-section study finds out that there is convincingly a moderate to strong relationship between EO and FP. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted
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Firm Performance as a Function of Entrepreneurial Orientation and Strategic Planning ProcessesKroeger, James W. January 2007 (has links)
No description available.
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An assessment of corporate entrepreneurship in the personal protective equipment industry / Petrus PietersePieterse, Petrus January 2014 (has links)
Since the early 1990s entrepreneurship education has experienced a significant
interest and growth in South Africa, due to the fact that it plays a very important part
in the success of businesses, whether it is a new or an existing business venture.
Corporate entrepreneurship can be defined as the development of new ideas and
opportunities within a large organisation and is characterized by individuals who are
energetic, creative, innovative, self-confident and take calculated risks.
When looking at the entrepreneurial orientation variables, Autonomy,
Innovativeness, Risk-taking, Pro-Activeness and Competitive aggressiveness
in any organisation, they require an acceptable climate to ensure that each
dimension prosper. The line, middle and senior managers play an important role in
entrepreneurial actions, whether it is part of creating the climate or driving the
process once initiated. Entrepreneurial success factors such as creativity, innovation,
risk orientation, leadership, good human relations, a positive attitude and
perseverance, are all attributes of successful entrepreneurs.
The primary research focus of this study has been to investigate the influence of
entrepreneurial orientation variables (Autonomy, Innovativeness, Risk-taking, Pro-
Activeness and Competitive aggressiveness) on the perceived success in a personal
protective equipment organisation in South Africa. For the purpose of this study, the
business success has been measured by means of two dependent variables namely
Business growth and Business development and improvement.
An empirical study has been conducted by using a questionnaire that measured five
dimensions regarding entrepreneurial orientation. Data from 42 participants have
been collected and analysed, and the results indicate that the organisation have
certain aspects of entrepreneurial orientation present.
The results show that the managers in the personal protective equipment business
perceived that the entrepreneurial orientation variable Innovativeness have a
positive influence on their Business Growth. An important relationship between the
independent variable Innovativeness and the dependent variable Business
development and improvement has been found to exist.
Entrepreneurship and entrepreneurial orientation are more than just vibrant words in
the industry; they play important roles in the survival and growth of organisations. It is
also crucial to understand that the correct climate needs to be fostered within the
organisation to ensure that all the various aspects of corporate entrepreneurship are
achieved. The organisation will reap greater benefits that could contribute to the
business staying the leader in the industry, being more competitive, creating new
ventures, and introducing new products and services.
The area of significant concern for the organisation is a low or poor tolerance for risktaking.
Practical recommendations, suggestions and an action plan are presented in
order to improve the entrepreneurial climate of the organisation. / MBA, North-West University, Potchefstroom Campus, 2015
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An assessment of entrepreneurial orientation in the explosives manufacturing and marketing industry / Petrus Daniel SaaymanSaayman, Petrus Daniel January 2014 (has links)
This study intended to establish whether there was a link between the entrepreneurial orientation dimensions and the perceived success of the explosives manufacturing and marketing industry within South Africa. The five dimensions of entrepreneurial orientation (autonomy, innovativeness, pro-activeness, risk-taking and competitive aggressiveness), were used in the study to establish a link between them and the perceived success of the business.
A literature study was conducted prior to the survey being distributed and links between the entrepreneurial orientation dimensions and the perceived success were found in other studies. The various studies indicated that the dimensions act either independently or interdependently. Various significant relationships were found in other industries between the entrepreneurial orientation dimensions and perceived success.
To conduct the empirical study, a structured questionnaire was distributed to the Sasol Nitro Explosive Division. The questionnaire was distributed by sending out an e-mail containing link that connected the respondents to the questionnaire. After the respondents had completed the survey, a data analysis was done by the statistical department of the North-West University, Potchefstroom Campus. The reliability of the data was tested by calculating the Cronbach alpha coefficients. The instrument data was found to be reliable and could be interpreted as a valid data source.
The questionnaire used two dependable variables to measure the business’s perceived success, namely business growth and business development and improvement. The five entrepreneurial orientation dimensions were measured against the dependable variables. A total of 139 respondents’ surveys could be utilized for the analysis.
The research within the Sasol Nitro Explosive Division indicated that there was a link between the entrepreneurial orientation dimensions and perceived success. Three of the dimensions indicated a significant relationship with regard to each other, and that of the perceived success of the business. These dimensions were Autonomy, Innovativeness and Pro-activeness. Autonomy and Innovation indicated a significant relationship
pertaining to the perceived performance factor of growth within the business and Autonomy while pro-activeness indicated a significant relationship relating to the perceived performance factor of business development and improvement. Recommendations were made to the business to nurture the corporate entrepreneurial environment within the company. / MBA, North-West University, Potchefstroom Campus, 2015
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An assessment of entrepreneurial orientation in the maintenance divisions of a South African steel manufacturer / Jacobus Johannes VenterVenter, Jacobus Johannes January 2014 (has links)
In this study entrepreneurial orientation behaviour, with specific reference to a South African steel manufacturer was examined.
The primary objective of this study is to investigate the impact of entrepreneurial orientation in the maintenance divisions on the perceived success of a South African steel manufacturer.
A literature study was conducted to define entrepreneurship, intrapreneurship and the constructs of entrepreneurial orientation. The literature study investigated the characteristics of entrepreneurs as well as the benefits that results from entrepreneurial orientation. The determinants of entrepreneurial orientation and the measuring variables of perceived business success were investigated.
An overview of the history, operations, management structure and demographics was given as well as the policies and plans pertaining to the maintenance divisions in the organisation which was the object of the study.
The study population for the assessment was selected from the Cold Rolling department of the Vanderbijlpark Works of ArcelorMittal, South Africa. The department consisted of five Steel production plants. Questionnaires were administered to the target group of 267 maintenance employees, of which 174 usable questionnaires were returned on which statistical analysis were conducted. The data was tested for reliability by calculating Cronbach’s Alpha coefficients for the different variables of entrepreneurial orientation and perceived success of the organisation. The demographical data was analysed and presented. Descriptive statistics were calculated from the individual responses and presented for the different variables. The relationship between the gender of the repondents and the different entrepreneurial orientation variables was tested to determine whether there were significant practical differences in the means.
Lastly, the influence of entrepreneurial orientation constructs on business success was determined and discussed.
Conclusions were drawn from the demographic data as well as the different variables of entrepreneurial orientation and perceived success. Recommendations based on the assessment of the data, were made on relevant topics supporting the entrepreneurial orientation of maintenance employees in the study population. The suggested action plan was supported by the assessment, conclusions and recommendations that can be used to improve the entrepreneurial orientation and subsequently improve the perceived business success of the organisation.
The study is concluded with analysis of the achievement of objectives of the study and suggestions made for further research that can be conducted. / MBA, North-West University, Potchefstroom Campus, 2015
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An assessment of corporate entrepreneurship in the personal protective equipment industry / Erika Marieta StolsStols, Erika Marieta January 2013 (has links)
The objective of this study has been to investigate the influence of an entrepreneurial
orientation on the perceived success of personal protective equipment organisations
in South Africa. For the purpose of this study, business success has been measured
by means of two dependent variables, namely Business development and
improvement and Business growth.
Structured questionnaires have been administered to managers in one company that
is perceived to be the current market leader in the personal protective equipment
industry in South Africa. Construct validity of the measuring instrument has been
assessed by means of a principal component exploratory factor analysis and by
calculating Cronbach alpha coefficients.
A literature study on the field of Entrepreneurship has been conducted. The term
entrepreneurial orientation consisting of five constructs, namely autonomy,
innovation, pro-activeness, risk-taking and competitive aggressiveness, is defined.
Perceived success of the industry is defined in terms of growth and development.
Both ratings of the constructs and their evaluation of the perceived success of the
industry, have been measured, analysed and reported. The results obtained from the
questionnaire in conjunction with the literature review, are used to draw conclusions
and make recommendations.
The study is based on perceived corporate entrepreneurship within the line, middle
and senior management levels of SPPE, a division of SAMSAC Africa (Pty) Ltd. The
year 2009, has marked a series of economic events that placed the personal
protective equipment market under immense pressure to maintain its bottom line
growth. The environment within the organisation is constantly changing. SPPE
customers, which are mainly the mining industry, have pressurised SPPE to filter
cost savings through to them to ensure that they, in turn, alleviate the pressure to cut
costs. Costs have been identified as one of the key challenges facing the entire mining
sector. In turn, the suppliers of SPPE have also been applying pressure to the
company to increase their purchase price, due to increased labour, production and
overhead costs.
The strengthening of entrepreneurship is an important objective for any organisation
that is building its responsiveness to a globalised and changing environment. For
SPPE to face the pressures brought to bear upon them by their customers and
suppliers respectively, and, coupled with fierce competition in the personal protective
equipment industry, it is necessary to review its processes and actively search for
new ways to increase its capacity for innovation and competitiveness.
The results show that the managers in the participating personal protective
equipment business have perceived that the entrepreneurial orientation factors of
Pro-activeness, Risk-taking and Autonomy have a positive influence on their
business’s development and improvement. A significant relationship within the
dependent variable Business development and improvement has also been found
to exist within the independent variable Competitive aggressiveness.
Corporate entrepreneurship is seen as a critical component to organisational
success, especially in organisations that operate in rapidly changing industries.
Corporate entrepreneurship can be a solution to large organisations’ lack of
innovation, stagnated top-line growth and the inaction that often overtakes the large,
mature organisations of the world. Organisations need to consistently search for new
opportunities and therefore may benefit from adopting an entrepreneurial orientation.
Established organisations may in essence be forced to behave entrepreneurially
within the organisation, in order to defend their positions in the market. Competitive
successes for organisations require managers to make strategic choices. Strategy is
about relating the organisation with its environment and entrepreneurship is about
exploiting opportunities in the same environment.
To enhance the entrepreneurial orientation in personal protective equipment
businesses, it is recommended that the word “entrepreneurship” should specifically be included in the vision statement of the businesses, setting goals and developing
strategies for entrepreneurship. The focus of the business then becomes opportunity
identification, discovery of new sources of value, and product and process innovation
that could lead to greater success. / MBA, North-West University, Potchefstroom Campus, 2014
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An assessment of corporate entrepreneurship in the personal protective equipment industry / Petrus PietersePieterse, Petrus January 2014 (has links)
Since the early 1990s entrepreneurship education has experienced a significant
interest and growth in South Africa, due to the fact that it plays a very important part
in the success of businesses, whether it is a new or an existing business venture.
Corporate entrepreneurship can be defined as the development of new ideas and
opportunities within a large organisation and is characterized by individuals who are
energetic, creative, innovative, self-confident and take calculated risks.
When looking at the entrepreneurial orientation variables, Autonomy,
Innovativeness, Risk-taking, Pro-Activeness and Competitive aggressiveness
in any organisation, they require an acceptable climate to ensure that each
dimension prosper. The line, middle and senior managers play an important role in
entrepreneurial actions, whether it is part of creating the climate or driving the
process once initiated. Entrepreneurial success factors such as creativity, innovation,
risk orientation, leadership, good human relations, a positive attitude and
perseverance, are all attributes of successful entrepreneurs.
The primary research focus of this study has been to investigate the influence of
entrepreneurial orientation variables (Autonomy, Innovativeness, Risk-taking, Pro-
Activeness and Competitive aggressiveness) on the perceived success in a personal
protective equipment organisation in South Africa. For the purpose of this study, the
business success has been measured by means of two dependent variables namely
Business growth and Business development and improvement.
An empirical study has been conducted by using a questionnaire that measured five
dimensions regarding entrepreneurial orientation. Data from 42 participants have
been collected and analysed, and the results indicate that the organisation have
certain aspects of entrepreneurial orientation present.
The results show that the managers in the personal protective equipment business
perceived that the entrepreneurial orientation variable Innovativeness have a
positive influence on their Business Growth. An important relationship between the
independent variable Innovativeness and the dependent variable Business
development and improvement has been found to exist.
Entrepreneurship and entrepreneurial orientation are more than just vibrant words in
the industry; they play important roles in the survival and growth of organisations. It is
also crucial to understand that the correct climate needs to be fostered within the
organisation to ensure that all the various aspects of corporate entrepreneurship are
achieved. The organisation will reap greater benefits that could contribute to the
business staying the leader in the industry, being more competitive, creating new
ventures, and introducing new products and services.
The area of significant concern for the organisation is a low or poor tolerance for risktaking.
Practical recommendations, suggestions and an action plan are presented in
order to improve the entrepreneurial climate of the organisation. / MBA, North-West University, Potchefstroom Campus, 2015
|
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An assessment of entrepreneurial orientation in the explosives manufacturing and marketing industry / Petrus Daniel SaaymanSaayman, Petrus Daniel January 2014 (has links)
This study intended to establish whether there was a link between the entrepreneurial orientation dimensions and the perceived success of the explosives manufacturing and marketing industry within South Africa. The five dimensions of entrepreneurial orientation (autonomy, innovativeness, pro-activeness, risk-taking and competitive aggressiveness), were used in the study to establish a link between them and the perceived success of the business.
A literature study was conducted prior to the survey being distributed and links between the entrepreneurial orientation dimensions and the perceived success were found in other studies. The various studies indicated that the dimensions act either independently or interdependently. Various significant relationships were found in other industries between the entrepreneurial orientation dimensions and perceived success.
To conduct the empirical study, a structured questionnaire was distributed to the Sasol Nitro Explosive Division. The questionnaire was distributed by sending out an e-mail containing link that connected the respondents to the questionnaire. After the respondents had completed the survey, a data analysis was done by the statistical department of the North-West University, Potchefstroom Campus. The reliability of the data was tested by calculating the Cronbach alpha coefficients. The instrument data was found to be reliable and could be interpreted as a valid data source.
The questionnaire used two dependable variables to measure the business’s perceived success, namely business growth and business development and improvement. The five entrepreneurial orientation dimensions were measured against the dependable variables. A total of 139 respondents’ surveys could be utilized for the analysis.
The research within the Sasol Nitro Explosive Division indicated that there was a link between the entrepreneurial orientation dimensions and perceived success. Three of the dimensions indicated a significant relationship with regard to each other, and that of the perceived success of the business. These dimensions were Autonomy, Innovativeness and Pro-activeness. Autonomy and Innovation indicated a significant relationship
pertaining to the perceived performance factor of growth within the business and Autonomy while pro-activeness indicated a significant relationship relating to the perceived performance factor of business development and improvement. Recommendations were made to the business to nurture the corporate entrepreneurial environment within the company. / MBA, North-West University, Potchefstroom Campus, 2015
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An assessment of entrepreneurial orientation in the maintenance divisions of a South African steel manufacturer / Jacobus Johannes VenterVenter, Jacobus Johannes January 2014 (has links)
In this study entrepreneurial orientation behaviour, with specific reference to a South African steel manufacturer was examined.
The primary objective of this study is to investigate the impact of entrepreneurial orientation in the maintenance divisions on the perceived success of a South African steel manufacturer.
A literature study was conducted to define entrepreneurship, intrapreneurship and the constructs of entrepreneurial orientation. The literature study investigated the characteristics of entrepreneurs as well as the benefits that results from entrepreneurial orientation. The determinants of entrepreneurial orientation and the measuring variables of perceived business success were investigated.
An overview of the history, operations, management structure and demographics was given as well as the policies and plans pertaining to the maintenance divisions in the organisation which was the object of the study.
The study population for the assessment was selected from the Cold Rolling department of the Vanderbijlpark Works of ArcelorMittal, South Africa. The department consisted of five Steel production plants. Questionnaires were administered to the target group of 267 maintenance employees, of which 174 usable questionnaires were returned on which statistical analysis were conducted. The data was tested for reliability by calculating Cronbach’s Alpha coefficients for the different variables of entrepreneurial orientation and perceived success of the organisation. The demographical data was analysed and presented. Descriptive statistics were calculated from the individual responses and presented for the different variables. The relationship between the gender of the repondents and the different entrepreneurial orientation variables was tested to determine whether there were significant practical differences in the means.
Lastly, the influence of entrepreneurial orientation constructs on business success was determined and discussed.
Conclusions were drawn from the demographic data as well as the different variables of entrepreneurial orientation and perceived success. Recommendations based on the assessment of the data, were made on relevant topics supporting the entrepreneurial orientation of maintenance employees in the study population. The suggested action plan was supported by the assessment, conclusions and recommendations that can be used to improve the entrepreneurial orientation and subsequently improve the perceived business success of the organisation.
The study is concluded with analysis of the achievement of objectives of the study and suggestions made for further research that can be conducted. / MBA, North-West University, Potchefstroom Campus, 2015
|
20 |
An assessment of corporate entrepreneurship in the personal protective equipment industry / Erika Marieta StolsStols, Erika Marieta January 2013 (has links)
The objective of this study has been to investigate the influence of an entrepreneurial
orientation on the perceived success of personal protective equipment organisations
in South Africa. For the purpose of this study, business success has been measured
by means of two dependent variables, namely Business development and
improvement and Business growth.
Structured questionnaires have been administered to managers in one company that
is perceived to be the current market leader in the personal protective equipment
industry in South Africa. Construct validity of the measuring instrument has been
assessed by means of a principal component exploratory factor analysis and by
calculating Cronbach alpha coefficients.
A literature study on the field of Entrepreneurship has been conducted. The term
entrepreneurial orientation consisting of five constructs, namely autonomy,
innovation, pro-activeness, risk-taking and competitive aggressiveness, is defined.
Perceived success of the industry is defined in terms of growth and development.
Both ratings of the constructs and their evaluation of the perceived success of the
industry, have been measured, analysed and reported. The results obtained from the
questionnaire in conjunction with the literature review, are used to draw conclusions
and make recommendations.
The study is based on perceived corporate entrepreneurship within the line, middle
and senior management levels of SPPE, a division of SAMSAC Africa (Pty) Ltd. The
year 2009, has marked a series of economic events that placed the personal
protective equipment market under immense pressure to maintain its bottom line
growth. The environment within the organisation is constantly changing. SPPE
customers, which are mainly the mining industry, have pressurised SPPE to filter
cost savings through to them to ensure that they, in turn, alleviate the pressure to cut
costs. Costs have been identified as one of the key challenges facing the entire mining
sector. In turn, the suppliers of SPPE have also been applying pressure to the
company to increase their purchase price, due to increased labour, production and
overhead costs.
The strengthening of entrepreneurship is an important objective for any organisation
that is building its responsiveness to a globalised and changing environment. For
SPPE to face the pressures brought to bear upon them by their customers and
suppliers respectively, and, coupled with fierce competition in the personal protective
equipment industry, it is necessary to review its processes and actively search for
new ways to increase its capacity for innovation and competitiveness.
The results show that the managers in the participating personal protective
equipment business have perceived that the entrepreneurial orientation factors of
Pro-activeness, Risk-taking and Autonomy have a positive influence on their
business’s development and improvement. A significant relationship within the
dependent variable Business development and improvement has also been found
to exist within the independent variable Competitive aggressiveness.
Corporate entrepreneurship is seen as a critical component to organisational
success, especially in organisations that operate in rapidly changing industries.
Corporate entrepreneurship can be a solution to large organisations’ lack of
innovation, stagnated top-line growth and the inaction that often overtakes the large,
mature organisations of the world. Organisations need to consistently search for new
opportunities and therefore may benefit from adopting an entrepreneurial orientation.
Established organisations may in essence be forced to behave entrepreneurially
within the organisation, in order to defend their positions in the market. Competitive
successes for organisations require managers to make strategic choices. Strategy is
about relating the organisation with its environment and entrepreneurship is about
exploiting opportunities in the same environment.
To enhance the entrepreneurial orientation in personal protective equipment
businesses, it is recommended that the word “entrepreneurship” should specifically be included in the vision statement of the businesses, setting goals and developing
strategies for entrepreneurship. The focus of the business then becomes opportunity
identification, discovery of new sources of value, and product and process innovation
that could lead to greater success. / MBA, North-West University, Potchefstroom Campus, 2014
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