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Measuring the health of business nodesHartshorne, Wendy Anne 04 1900 (has links)
Thesis (MPhil)--University of Stellenbosch, 2005. / ENGLISH ABSTRACT: South Africa requires sustained economic growth in order to alleviate the poverty of its
urban population.
This study is based on the hypothesis that in order to sustain the existing "good"
infrastructure and secure the "high-quality" human resource base of our country, it is
necessary to be proactive with regard to the management of commercial/business
nodes in order to ensure that they do not deteriorate or become stifled and/or
excluded from delivering their full economic potential/contribution towards the urban
economy.
This study contains a synopsis of the research conducted by the author on behalf of
the City of Cape Town - Economic Development and Tourism Directorate during
2003. The purpose was to develop a uniform model to ascertain and monitor the
economic health of business areas within the Cape Town metropole. The research
was presented to the City of Cape Town in the form of a protocol, which has
subsequently been utilised to establish economic profiles for the Athlone Central
Business District, Gatesville/Rylands business centre and Airport Industria.
The focus and purpose of the protocol was to place tbe City Council in a position
whereby the relative economic health of specific business/mixed-use areas within the
Cape Metropolitan Area can be properly assessed, selected interventions made
where necessary and results monitored. The point of departure that was adopted from
the outset was that the assessment need not just relate to negative trends or
indications of economic distress, but that there is substantial merit in assessing nodes
that are seemingly "getting it right" or "booming". / AFRIKAANSE OPSOMMING: Suid-Afrika benodig volgehoue ekonomiese groei ten einde die armoede van sy
stedelike bevolking te verlig.
Hierdie navorsing is gebaseer op die hipotese dat ten einde die bestaande "goeie"
infrastruktuur te handhaaf en ons land se menslike hulpbronbasis van hoë gehalte te
verseker, dit nodig is om proaktief te wees ten opsigte van die bestuur van
kommersiële/sakepunte ten einde te verseker dat hulle nie agteruitgaan of doodwurg
en/of uitgesluit raak van die lewering van hulle volle ekonomiese potensiaal/bydrae tot
die stedelike ekonomie nie.
Hierdie tesis bevat 'n sinopsis van die navorsing wat die outeur gedurende 2003
namens die Stad Kaapstad - Direktoraat: Ekonomiese _Ontwikkeling en Toerisme -
gedoen het. Die doel was die ontwikkeling van 'n eenvormige model om die
ekonomiese welstand van sakegebiede binne die Kaapstadse metropool te bepaal en
te monitor. Die navorsing is in die vorm van 'n protokol aan die Stad Kaapstad
gelewer. Die protokol is daarna aangewend om ekonomiese profiele vir die Athlone
Sentrale Sakegebied, Gatesville/Rylands sakesentrum en Airport Industria op te stel.
Die fokus en doel van die protokol was om die Stadsraad in 'n posisie te plaas
waardeur die relatiewe ekonomiese welstand van spesifieke sakegebiede of gebiede
met verskillende ondernemings in die Kaapse Metropolitaanse Gebied behoorlik
geassesseer kan word, geselekteerde intervensies waar nodig gemaak kan word en
resultate gemonitor kan word. As uitgangspunt is van die begin aanvaar dat die
behoefte aan assessering nie net met negatiewe tendense of aanduidings van
ekonomiese nood verband hou nie, maar dat daar ook wesenlike meriete lê in die
assessering van gebiede wat op die oog af "dinge regkry" of "floreer".
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From paternalism to participation : evolving techniques of management control in the South African gold mining industry.Mitchell, Grant Charles. January 1992 (has links)
The South African gold mining industry has since its inception, relied on an authoritarian and paternalistic form of labour control. This inheritance is due to a number of reasons; the nature of the process of gold mining itself, the reliance on migrant labour, the poor levels of education of workers in the industry, the regulation of workers' lives in hostels as well as the attitudes of white supervisors towards the control of labour - an inheritance from the British system, which tends to view hierarchies as rigid and highly stratified. The particular kind of paternalism found in gold mining has however, evolved over a time frame spanning this century, and has been subject to modification and external influence, particularly from managerial theories borrowed from Western , Europe and the United states. Thus, scientific management made its presence felt in the first half of this century, whilst more recently, the need to transfer new and upgraded technology has drawn on the sociotechnical tradition. The human relation movement, also a more recent phenomenon, has grown in direct response to the increasing levels of conflict on gold mines between management and labour. " At present the industry is undergoing a crisis in the form of a depressed gold price (necessitating reduction in the labour force), poor levels of productivity and an increasing challenge to management hegemony in the growth of a mass based trade union - the National Union of Mine Workers. It will be argued that these factors have necessitated that management in the industry ' search for new and more appropriate methods for the co-ordination and control of labour, and that the form that this has taken is towards more worker participation in decision-making. Participation on gold mines is developing in a number of areas; with consultative councils, with increasing consultation with the unions, in particular the N.U.M., in productivity drives such as the quality circles movement, and more recently in employee share ownership schemes (E.S.O.P.S.). All of the above approaches are attempts by senior management to incorporate labour more into the management process, and thus try to reduce the level of polarisation between labour and capital, which has gained in intensity in the industry over the past decade. / Thesis (M.A.)-University of Natal, Durban, 1992.
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Globalization and democratization in South Africa : a case study of the clothing sector in KwaZulu-Natal.Moorhead, Kevin. January 2000 (has links)
No abstract available. / Thesis (M.Dev.Studies.)-University of Natal, Durban, 2000.
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Exploring the effects of the psychological contract on organisational commitment and employee engagement in a restructured organisational environment: the case of selected hospitals in the Eastern Cape provinceStofile, Phakama Phumla Bernadette January 2015 (has links)
This study investigated the impact of organisation restructuring on the psychological contract and the effects on employee engagement and organisational commitment. The study focused on employees from selected health care institutions. The sample consisted of 156 employees from the selected health care institutions. Results indicated positive relationships between employee engagement, psychological contract and organisational commitment. The researcher recommended a better understanding of the manner in which individuals interpret various inducements where would clearer prescriptions be provided. Therefore, employers were advised to be aware of employees’ values and attempt to address them as they are important
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The critical assessment of the challenges faced by Vhembe District Municipality with the implementation of supply chain management policiesMutuvhi, Fhatuwani Lastborn 07 December 2012 (has links)
PhD (Public Administration) / Department of Public and Development Administration
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26 |
The relationship between leadership and organisational climate : employees at an FMCG organisation in South AfricaEustace, Angela 01 1900 (has links)
The 21st century has posed challenges and provided opportunities for organisations, and although a large body of research exists on both leadership and organisational climate, these two concepts have become a matter of urgency in South African organisations. The dynamics in the organisation have a direct effect on the people the organisation serves and business performance.
The aim of this research was to explore the relationship between leadership and organisational climate in a South African fast-moving consumable goods (FMCG) organisation. There are few research studies that focus on leadership and organisational climate in the South African context and this study builds on limited existing knowledge. Using a descriptive, cross-sectional field survey approach, a sample of 896 participants employed at one organisation was surveyed. Explanatory factor analysis and the structural equation modelling (SEM) multivariate analysis technique revealed a new set of organisational dimensions and confirmed the relationship between leadership and organisational climate and organisational climate and its various dimensions.
The findings emphasise the importance of certain generic and specific leadership practices in creating the desired organisational climate in the South African context. This study contributes to knowledge on the relationship between leadership and organisational climate in the South African context. / Psychology / M. Com. (Industrial and Organisational Psychology)
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Small enterprise growth : the critical role of the owner - manager a case study of the construction sector in Gauteng, South AfricaMusabayana, Joni 27 February 2013 (has links)
Small and Medium Enterprises (SMEs) and the role that they play in the economy have
been widely studied. SMEs are of particular interest because they are seen as greatly
contributing to innovation, economic competitiveness, equity and redistribution,
employment creation. Given the positive role that they are seen as playing in the economy,
the growth and transformation of small enterprises into medium enterprises is welcomed. It
is seen as increasing the benefits of the SMEs to the economy and society in general. The
research sought to analyze and draw insights on the growth of enterprises from small to
medium size.
This issue has been widely studied but as late as 2007, reviewing the state of knowledge
about growth in small businesses, Dobbs and Hamilton (2007, p.296) observed that despite
the growing volume of applied research, our knowledge base still lacks a body of theory
capable of explaining the growth of small businesses. This research therefore responds to
this call by Dobbs and Hamilton (2007) for new theoretical perspectives and alternative
types of research. It does so by focusing on the practical role that the entrepreneur plays in
facilitating or hindering growth. It also responds to this call by using a methodological
approach that has not been widely used in this field to date.
In addition, not sufficient attention has been paid to the role of the entrepreneur as the
dynamic element in the growth and transformation process, neither globally but even less
so in the Southern African case in general but even less so in the South African
construction setting specifically and in Gauteng in particular. The lack of sufficient
attention to the role of the entrepreneur in facilitating or hindering the growth and
transformation process is very pronounced in the context of the Southern Africa region.
This thesis therefore seeks to address this gap. This thesis takes as its departure, the
decisiveness of the entrepreneur in the business system. It places the entrepreneur at the
centre of the enterprise and analyses the role that the entrepreneur plays in facilitating or
hindering the growth of the enterprise from small to medium size. Freel (2000: p.321)
observed that more significantly, the internal dynamics of firm growth have remained
something of a 'black box'.
Focusing on growth, this research seeks to identify the key drivers of why some firms grow
and others do not. It seeks to unravel the "black box" of small enterprise growth in the
context of South Africa. In this process, the research sought to focus on the role of the
entrepreneur in facilitating or inhibiting growth.
The main question that this research sought to answer is: Is the entrepreneur the main driver
of small enterprise growth and graduation, and what role does he or she play and how does
he or she facilitate the growth and graduation of small into medium enterprises in South
Africa?
Building on the main and sub research questions the research sought and successfully
proved the following Propositions:
Proposition One (P 1): The entrepreneur is the key driver of small enterprise
growth and graduation in South Africa.
Proposition Two (P 11): The entrepreneur is the main inhibitor of small enterprise
growth and graduation in non- growth small enterprises in South Africa.
Proposition Three (P 111): Macro - economic environmental factors are a key but
not the decisive driver for growth and transformation of SMEs.
Proposition Four (P 1 V): The growth and competitiveness of the industrial sub
sector is a key but not decisive driver of growth and competitiveness of SMEs.
This research was undertaken within the framework of qualitative research. It was
undertaken in four phases, namely:
Phase One: Sector and SME Selection
Phase Two: Individual Interview
Phase Three: Document Analysis
Phase Four: Case Study Development focusing on the role of the
Entrepreneur in the Growth Process
The data analysis was driven by the model of the drivers of SME growth and
transformation already outlined above. It sought to apportion qualitative weightings to key
already identified drivers of growth and transformation: macro-economic environment,
industry sub sector, access to finance, technology, and BDS and the entrepreneur's
motivation and skills. The data analysis delved deeper into the last category of drivers,
entrepreneur's motivation and skills. It dissected the role that the entrepreneur's skill
played in the overall growth and transformation of the enterprise.
The data gathered from the three methods, namely individual interviews, follow up
telephonic interviews and the document analysis were analyzed to arrive at the role that the
entrepreneur's skills played in the growth and transformation process. Qualitative analysis
of the entrepreneur's responses was undertaken to apportion the weighting given to the key
drivers of the growth and transformation process. The data analysis also sought to unravel
the key constituents of the entrepreneur's skills. It identified what constitutes the
entrepreneur's skills that are crucial to the growth and transformation process. Focus was
on the technical, managerial or leadership aspects. Findings from the data analysis assist in
the conclusions and recommendations.
This study was limited to Gauteng province of South Africa. It is hoped that this province
will represent the best construction macro-economic environment in South Africa. This
study concentrated on the sectors that were selected from the sector selection process. The
study interviewed entrepreneurs and enterprises that are exclusively in the selected sector.
The study was limited to medium sized enterprises that grew out of small enterprises that
were formal - registered, licensed and operating within the framework of the law. The
medium enterprises that this study focused on were not subsidiaries of larger conglomerates. This study also did not focus on medium enterprises that were created as
medium enterprises and did not grow in size.
The study is based on three key assumptions: the growth in employment is a sufficient
reflection of the growth process, changes in the structure of the business are a direct result
of the growth in employment and what the entrepreneur does directly reflects itself in the
growth or lack of growth in the enterprise.
This study has the following limitations: the peculiarities of the selected sector construction,
growth in employment may not capture the entirety of the growth process and
the fact that the study was conducted in the period of the Soccer World Cup 2010 affected
the perceptions of the owner managers to be more positive than could have been
experienced outside of this unique event.
This research has proven through the data gathered, presented and analyzed that the owner
manager of the respondent enterprises is the fulcrum upon which all the major decisions in
the enterprise revolve. It is the quality of these decisions that drive or hinder the growth
process. The owner manager makes the key decisions regarding:
- the role and nature of interaction with the government,
- the structure of the enterprise and the roles and responsibilities of the staff within
the enterprise,
- the marketing strategy,
- the quality and skill level of the staff,
- the role information technology, the nature and type of communication within the
enterprise and between the enterprise and its external stakeholders,
- the culture of the enterprise,
- the interaction between the business and family and,
- the management of the book of accounts.
It is the cumulative impact of these decisions that the owner manager makes that propel the
enterprise to growth. This confirms that the entrepreneur is the main driver of enterprise
growth and graduation from small to medium enterprise size through the decisions that he
or she makes.
This research has also identified that it is not only the decisions that the owner manager
makes that matter. It is also the management style that the owner manager adopts that
facilitates or hinders growth. The owner manager needs to adopt a participatory
management style which empowers the staff, to facilitate enterprise growth and
transformation.
Based on the data gathered this research has dealt with the issue of the impact of the
macroeconomic environment on the growth of the owner managed construction enterprises.
Focusing on growth, this research has identified the key drivers of why some owner
managed construction enterprises firms grow and others do not. The research has identified
the macroeconomic environment as a key driver of the performance of the whole economy. A key element of the construction industry which positively benefitted the enterprises in the
period 2002 - 2010 is the construction boom experienced because of the Soccer World Cup
2010. The construction bonanza was based on the ten new stadia to be build or renovated
and the accompanying road infrastructure. This played a key factor in the positive growth
experience by most of the firms in the industry.
The South African economy performed well in the period 1994 - 2008. The good
performance of the economy in the period 1994 - 2008, had a positive spillover effect on
the construction sector and the enterprises in that sector. This proves that the
macroeconomic environment is a key driver of growth and competitiveness.
However, starting in 2008, the GEFC set in. The impact of the GEFC on the economy was
very severe. The GDP declined dramatically and the inflation rose. This impacted the
whole economy. Added to this was the impact of the newly introduced National Credit Act.
The National Credit Act made access to credit especially for housing loans more difficult.
Despite the combined negative consequences of the GEFC and the National Credit Act, the
majority of the respondent enterprises continued to experience growth. One respondent
enterprise suffered a dramatic decline in sales and growth in this period. This was more
because of the 'wrong' marketing strategy it chose to respond to the overall down turn in
the economy. Significantly, when the owner manager adjusted the marketing strategy, sales
and growth have begun to pick up again. This proves that a positive macroeconomic
environment is crucial as a driver of growth but is not a decisive factor because even when
the macroeconomic environment turns negative, growth firms are able to maintain their
growth path. So, in conclusion, the macroeconomic environment is a necessary but not
sufficient condition for enterprise growth.
The above conclusion on the macroeconomic environment is also true of the sector
competitiveness and growth's impact on the growth of enterprises in that industrial sub
sector. As the economy has grown, so has the construction industry. Within the period
2000 - 2008, the construction industry has also been performing well on the back of the
good macro economic performance. As a result the RMB / BER and the FNB / BER
Business Confidence Indexes have been on a gradual upward trend.
The Respondent Enterprises in this research clearly benefited from this gradual upward
trend in the economy in general and the construction industry in particular. The Respondent
Enterprises experienced sustained growth in this period as well. This confirms that growth
enterprises benefit from a growing and competitive industrial sub sector. However, the
industrial sub sector took a negative turn on the back of the GEFC, the National Credit Act
and the end of the 2010 Soccer World Cup construction boom in the pperiod 2008-2010.
Despite this, the majority of the respondent enterprises continued to enjoy significant
growth. This leads to the conclusion that the growth and competitiveness of the industrial
sub sector is a key but not decisive driver of growth and competitiveness of SMEs. This research has therefore unraveled the "black box" of owner managed small
construction enterprise growth of the South Africa context by analyzing the role of the
macroeconomic environment, the growth and competitiveness of the industrial sub sector
and the owner manager. In this process the research has focused on the role of the
entrepreneur in facilitating or inhibiting growth and highlighted the entrepreneur's
centrality to the growth process.
Through the use of the case study method this research has been able to address the how
and why of construction enterprises growth in Gauteng. This study has added value to the
existing body of literature on enterprise growth by delving deeper into many already known
factors driving enterprise growth. This research in most of the identified areas has been to
analyze deeply and give greater insight into the dynamics of how growth actually happens
within the enterprise through the role of the owner manager. Through this process this
research has helped in opening Freel (2000)'s 'black box" of enterprise growth with
particular reference to the construction sector in Gauteng, South Africa.
This study contributes to the growing body of literature on the growth and transformation
of SMEs globally. But specifically it makes a contribution to the understanding of the
growth and transformation of the construction SMEs in Gauteng province of South Africa
where there is a dearth of such studies. In a country and province where the issues of
increasing black participation in the economy is topical, this study will increase society's
understanding of how construction SME growth and transformation can contribute to the
realization of this goal. This study assists in creating awareness within society of how
entrepreneurship development can play a major role in achieving the goal of equitable
distribution of the region's wealth. It contributes to a realization of a society that is
supportive of enterprise development and an enterprise culture.
The study contributes to the debate of what policy measures can assist in the development
of a construction entrepreneurial class. The BEE policies attempt to create an environment
which facilitates the growth and graduation of SMEs. This study will assist in informing
how these policies can best be shaped. This study contributes to a greater understanding of
this phenomenon in the context of the construction sector in South Africa. By focusing on
the qualltative approach this study seeks to bring a different angle to the largely
quantitative approach which has dominated the study of SME growth thus far. / Business Management / D.B.L.
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28 |
Small enterprise growth : the critical role of the owner - manager a case study of the construction sector in Gauteng, South AfricaMusabayana, Joni 27 February 2013 (has links)
Small and Medium Enterprises (SMEs) and the role that they play in the economy have
been widely studied. SMEs are of particular interest because they are seen as greatly
contributing to innovation, economic competitiveness, equity and redistribution,
employment creation. Given the positive role that they are seen as playing in the economy,
the growth and transformation of small enterprises into medium enterprises is welcomed. It
is seen as increasing the benefits of the SMEs to the economy and society in general. The
research sought to analyze and draw insights on the growth of enterprises from small to
medium size.
This issue has been widely studied but as late as 2007, reviewing the state of knowledge
about growth in small businesses, Dobbs and Hamilton (2007, p.296) observed that despite
the growing volume of applied research, our knowledge base still lacks a body of theory
capable of explaining the growth of small businesses. This research therefore responds to
this call by Dobbs and Hamilton (2007) for new theoretical perspectives and alternative
types of research. It does so by focusing on the practical role that the entrepreneur plays in
facilitating or hindering growth. It also responds to this call by using a methodological
approach that has not been widely used in this field to date.
In addition, not sufficient attention has been paid to the role of the entrepreneur as the
dynamic element in the growth and transformation process, neither globally but even less
so in the Southern African case in general but even less so in the South African
construction setting specifically and in Gauteng in particular. The lack of sufficient
attention to the role of the entrepreneur in facilitating or hindering the growth and
transformation process is very pronounced in the context of the Southern Africa region.
This thesis therefore seeks to address this gap. This thesis takes as its departure, the
decisiveness of the entrepreneur in the business system. It places the entrepreneur at the
centre of the enterprise and analyses the role that the entrepreneur plays in facilitating or
hindering the growth of the enterprise from small to medium size. Freel (2000: p.321)
observed that more significantly, the internal dynamics of firm growth have remained
something of a 'black box'.
Focusing on growth, this research seeks to identify the key drivers of why some firms grow
and others do not. It seeks to unravel the "black box" of small enterprise growth in the
context of South Africa. In this process, the research sought to focus on the role of the
entrepreneur in facilitating or inhibiting growth.
The main question that this research sought to answer is: Is the entrepreneur the main driver
of small enterprise growth and graduation, and what role does he or she play and how does
he or she facilitate the growth and graduation of small into medium enterprises in South
Africa?
Building on the main and sub research questions the research sought and successfully
proved the following Propositions:
Proposition One (P 1): The entrepreneur is the key driver of small enterprise
growth and graduation in South Africa.
Proposition Two (P 11): The entrepreneur is the main inhibitor of small enterprise
growth and graduation in non- growth small enterprises in South Africa.
Proposition Three (P 111): Macro - economic environmental factors are a key but
not the decisive driver for growth and transformation of SMEs.
Proposition Four (P 1 V): The growth and competitiveness of the industrial sub
sector is a key but not decisive driver of growth and competitiveness of SMEs.
This research was undertaken within the framework of qualitative research. It was
undertaken in four phases, namely:
Phase One: Sector and SME Selection
Phase Two: Individual Interview
Phase Three: Document Analysis
Phase Four: Case Study Development focusing on the role of the
Entrepreneur in the Growth Process
The data analysis was driven by the model of the drivers of SME growth and
transformation already outlined above. It sought to apportion qualitative weightings to key
already identified drivers of growth and transformation: macro-economic environment,
industry sub sector, access to finance, technology, and BDS and the entrepreneur's
motivation and skills. The data analysis delved deeper into the last category of drivers,
entrepreneur's motivation and skills. It dissected the role that the entrepreneur's skill
played in the overall growth and transformation of the enterprise.
The data gathered from the three methods, namely individual interviews, follow up
telephonic interviews and the document analysis were analyzed to arrive at the role that the
entrepreneur's skills played in the growth and transformation process. Qualitative analysis
of the entrepreneur's responses was undertaken to apportion the weighting given to the key
drivers of the growth and transformation process. The data analysis also sought to unravel
the key constituents of the entrepreneur's skills. It identified what constitutes the
entrepreneur's skills that are crucial to the growth and transformation process. Focus was
on the technical, managerial or leadership aspects. Findings from the data analysis assist in
the conclusions and recommendations.
This study was limited to Gauteng province of South Africa. It is hoped that this province
will represent the best construction macro-economic environment in South Africa. This
study concentrated on the sectors that were selected from the sector selection process. The
study interviewed entrepreneurs and enterprises that are exclusively in the selected sector.
The study was limited to medium sized enterprises that grew out of small enterprises that
were formal - registered, licensed and operating within the framework of the law. The
medium enterprises that this study focused on were not subsidiaries of larger conglomerates. This study also did not focus on medium enterprises that were created as
medium enterprises and did not grow in size.
The study is based on three key assumptions: the growth in employment is a sufficient
reflection of the growth process, changes in the structure of the business are a direct result
of the growth in employment and what the entrepreneur does directly reflects itself in the
growth or lack of growth in the enterprise.
This study has the following limitations: the peculiarities of the selected sector construction,
growth in employment may not capture the entirety of the growth process and
the fact that the study was conducted in the period of the Soccer World Cup 2010 affected
the perceptions of the owner managers to be more positive than could have been
experienced outside of this unique event.
This research has proven through the data gathered, presented and analyzed that the owner
manager of the respondent enterprises is the fulcrum upon which all the major decisions in
the enterprise revolve. It is the quality of these decisions that drive or hinder the growth
process. The owner manager makes the key decisions regarding:
- the role and nature of interaction with the government,
- the structure of the enterprise and the roles and responsibilities of the staff within
the enterprise,
- the marketing strategy,
- the quality and skill level of the staff,
- the role information technology, the nature and type of communication within the
enterprise and between the enterprise and its external stakeholders,
- the culture of the enterprise,
- the interaction between the business and family and,
- the management of the book of accounts.
It is the cumulative impact of these decisions that the owner manager makes that propel the
enterprise to growth. This confirms that the entrepreneur is the main driver of enterprise
growth and graduation from small to medium enterprise size through the decisions that he
or she makes.
This research has also identified that it is not only the decisions that the owner manager
makes that matter. It is also the management style that the owner manager adopts that
facilitates or hinders growth. The owner manager needs to adopt a participatory
management style which empowers the staff, to facilitate enterprise growth and
transformation.
Based on the data gathered this research has dealt with the issue of the impact of the
macroeconomic environment on the growth of the owner managed construction enterprises.
Focusing on growth, this research has identified the key drivers of why some owner
managed construction enterprises firms grow and others do not. The research has identified
the macroeconomic environment as a key driver of the performance of the whole economy. A key element of the construction industry which positively benefitted the enterprises in the
period 2002 - 2010 is the construction boom experienced because of the Soccer World Cup
2010. The construction bonanza was based on the ten new stadia to be build or renovated
and the accompanying road infrastructure. This played a key factor in the positive growth
experience by most of the firms in the industry.
The South African economy performed well in the period 1994 - 2008. The good
performance of the economy in the period 1994 - 2008, had a positive spillover effect on
the construction sector and the enterprises in that sector. This proves that the
macroeconomic environment is a key driver of growth and competitiveness.
However, starting in 2008, the GEFC set in. The impact of the GEFC on the economy was
very severe. The GDP declined dramatically and the inflation rose. This impacted the
whole economy. Added to this was the impact of the newly introduced National Credit Act.
The National Credit Act made access to credit especially for housing loans more difficult.
Despite the combined negative consequences of the GEFC and the National Credit Act, the
majority of the respondent enterprises continued to experience growth. One respondent
enterprise suffered a dramatic decline in sales and growth in this period. This was more
because of the 'wrong' marketing strategy it chose to respond to the overall down turn in
the economy. Significantly, when the owner manager adjusted the marketing strategy, sales
and growth have begun to pick up again. This proves that a positive macroeconomic
environment is crucial as a driver of growth but is not a decisive factor because even when
the macroeconomic environment turns negative, growth firms are able to maintain their
growth path. So, in conclusion, the macroeconomic environment is a necessary but not
sufficient condition for enterprise growth.
The above conclusion on the macroeconomic environment is also true of the sector
competitiveness and growth's impact on the growth of enterprises in that industrial sub
sector. As the economy has grown, so has the construction industry. Within the period
2000 - 2008, the construction industry has also been performing well on the back of the
good macro economic performance. As a result the RMB / BER and the FNB / BER
Business Confidence Indexes have been on a gradual upward trend.
The Respondent Enterprises in this research clearly benefited from this gradual upward
trend in the economy in general and the construction industry in particular. The Respondent
Enterprises experienced sustained growth in this period as well. This confirms that growth
enterprises benefit from a growing and competitive industrial sub sector. However, the
industrial sub sector took a negative turn on the back of the GEFC, the National Credit Act
and the end of the 2010 Soccer World Cup construction boom in the pperiod 2008-2010.
Despite this, the majority of the respondent enterprises continued to enjoy significant
growth. This leads to the conclusion that the growth and competitiveness of the industrial
sub sector is a key but not decisive driver of growth and competitiveness of SMEs. This research has therefore unraveled the "black box" of owner managed small
construction enterprise growth of the South Africa context by analyzing the role of the
macroeconomic environment, the growth and competitiveness of the industrial sub sector
and the owner manager. In this process the research has focused on the role of the
entrepreneur in facilitating or inhibiting growth and highlighted the entrepreneur's
centrality to the growth process.
Through the use of the case study method this research has been able to address the how
and why of construction enterprises growth in Gauteng. This study has added value to the
existing body of literature on enterprise growth by delving deeper into many already known
factors driving enterprise growth. This research in most of the identified areas has been to
analyze deeply and give greater insight into the dynamics of how growth actually happens
within the enterprise through the role of the owner manager. Through this process this
research has helped in opening Freel (2000)'s 'black box" of enterprise growth with
particular reference to the construction sector in Gauteng, South Africa.
This study contributes to the growing body of literature on the growth and transformation
of SMEs globally. But specifically it makes a contribution to the understanding of the
growth and transformation of the construction SMEs in Gauteng province of South Africa
where there is a dearth of such studies. In a country and province where the issues of
increasing black participation in the economy is topical, this study will increase society's
understanding of how construction SME growth and transformation can contribute to the
realization of this goal. This study assists in creating awareness within society of how
entrepreneurship development can play a major role in achieving the goal of equitable
distribution of the region's wealth. It contributes to a realization of a society that is
supportive of enterprise development and an enterprise culture.
The study contributes to the debate of what policy measures can assist in the development
of a construction entrepreneurial class. The BEE policies attempt to create an environment
which facilitates the growth and graduation of SMEs. This study will assist in informing
how these policies can best be shaped. This study contributes to a greater understanding of
this phenomenon in the context of the construction sector in South Africa. By focusing on
the qualltative approach this study seeks to bring a different angle to the largely
quantitative approach which has dominated the study of SME growth thus far. / Business Management / D.B.L.
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The relationship between organisational culture and financial performance in a South African investment bankDavidson, Gina Monique 30 November 2003 (has links)
This research explores the relationship between the organisational culture and financial performance of a South African investment bank by means of quantitative research. The Denison Organizational Culture Survey was used to measure the organisational culture of the investment bank and was administered to a sample of 327 employees. Income statement ratio analysis was selected as a means to assess the financial performance. The results indicate that very few of the financial measures selected could be shown to be correlated with the organisational cultural traits or subscales. Correlations between the cultural dimensions of team orientation, agreement, customer focus and vision were found with certain financial measures. Although these correlations were above the 0.50 level, the levels of significance were not sufficient in all cases to draw conclusions with confidence. The only cultural trait that was found to be correlated with financial measures was the consistency trait. / Industrial and Organisational Psychology / M.Com. (Industrial and Organisational Psychology)
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A comparative study of the trust audit results of three business units of a South African companyCyster, Sharon 28 February 2005 (has links)
The general objective of this research was to do a comparative study of the Trust Audit results - obtained during 2000 - of three Business Units of a South African Company in order to determine whether there are any significant differences between them regarding the ”Big Five” personality dimensions and the ”Managerial Practices” dimensions.
Trust has been found to be an essential ingredient in all organisations, providing the impetus for employers to gain a better understanding of the building blocks of organisational trust and to restore eroded trust. The intensity of any trust relationship will depend on certain facilitators of trustworthiness which may facilitate or impede the flow of trust.
Research studies indicate that organisations with high levels of trust will be more successful, adaptive, and innovative than organisations with low levels of trust or pervasive mistrust.
Positive results were indicated for all Business Units regarding the personality aspects. The most positive ”Big Five” dimensions were conscientiousness, extraversion and agreeableness while the lowest dimension was resourcefulness.
Overall results regarding managerial practices indicated that not enough information sharing took place and that this had a negative effect within the work environment. The credibility dimension, being lower than the others, indicated that better credibility of persons that are reported to, could improve trust and optimal functioning within the working environment. Team management, work support and trust relationship were viewed positively by all Business Units.
One of the main conclusions of this research was that managers/leaders have a pivotal role to play in creating high-trust organisations and engendering trusting relationships. / Industrial and Organisational Psychology / M.Comm. (Industrial and Organisational Psychology)
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