No description available.

Titel: Flygfärdighet i företagsledningen? - En kvantitativ studie om ägarstrukturer i svenska börsnoterade bolag   Författare: Maximilian Zuif & Theodor Svedberg   Handledare: Urban Österlund   Bakgrund: I dagens samhälle har fenomenet pilotskolan blivit ett allt hetare samtalsämne inom aktieanalys. Teorier på ämnet menar på att en VD som innehar en betydande andel aktier i det egna bolaget kommer att ha ett större intresse av att bolaget presterar så bra som möjligt. Samtidigt kan tidigare studier anses oense om huruvida ett stort insiderägande hos VD:n har en positiv eller negativ effekt på dess prestation. Ett vanligt nyckeltal som används av investerare för att bedöma hur verksamheten presterar är EBITDA, vilket mäter ett företags vinst före räntor, skatter, ned- och avskrivningar. Under kortare perioder kan det förekomma en stor diskrepans mellan ett bolags aktiepris och hur den underliggande verksamheten presterar. Däremot brukar aktiepriset vara tätt sammanlänkat med bolagets prestation sett över längre tidsperioder.   Syfte: Syftet med studien är att undersöka om det finns något samband mellan VD-ägande och EBITDA-utveckling, samt huruvida det finns något samband mellan EBITDA-utveckling och aktiekurs hos svenska börsnoterade bolag.   Metod: I studien har en kvantitativ metod och en deduktiv forskningsansats använts för att samla in och bearbeta data om bolag listade på Nasdaq OMX Stockholm Mid och Large Cap. Den kvantitativa forskningsmetoden bygger på data kring bolagens ägarstruktur och finansiella prestation för åren 2017 till 2023. Utifrån data har multipla regressionsmodeller skapats för att kunna besvara studiens två forskningsfrågor.   Resultat: Studiens resultat tyder på att det finns ett signifikant positivt samband mellan EBITDA-tillväxt och aktiekursutveckling. Vidare uppvisade den multipla regressionen ett signifikant negativt samband mellan omsättningstillväxt och aktiekursutveckling. Regressionsmodellen som utformades för att undersöka sambandet mellan VD-ägande och EBITDA-utveckling klarade inte Ramsey’s RESET-test, varpå modellen inte kunde anses adekvat. Således hittades i studien inget statistiskt säkerställt samband mellan VD-ägande och EBITDA-utveckling.   Nyckelord: Pilotskolan, VD-ägande, EBITDA, Avkastning, Nasdaq OMX Stockholm Mid Cap, Nasdaq OMX Stockholm Large Cap / Title: Flight skills in the business management? – A quantitative study on ownership structures in Swedish listed firms   Authors: Maximilian Zuif & Theodor Svedberg   Supervisor: Urban Österlund   Background: In today’s society, the pilot school phenomenon has become an increasingly hot topic of conversation in stock analysis. Relevant theories suggests that a CEO who holds a significant part of the shares in his own company will have a greater interest in the company performing as well as possible. At the same time, previous studies can be considered divided on whether a large insider ownership of the CEO has a positive or negative effect on its performance. A common ratio used by investors to assess how the business is performing is EBITDA, which measures a company's earnings before interest, taxes, depreciation and amortization. For shorter periods, there may be a large discrepancy between a company’s share price and how the underlying business is performing. In contrast, the share price is usually closely linked to the company’s performance when looking over longer periods of time.   Aim: The aim of this study is to examine if a relationship exists between CEO stock ownership and growth in EBITDA, as well as whether any relationship exists between growth in EBITDA and development in stock price for Swedish listed firms.   Method: In the study, a quantitative method and a deductive research approach have been used to collect and process data on companies listed on Nasdaq OMX Stockholm Mid and Large Cap. The quantitative research method is based on data about the companies’ ownership structure and financial performance for the years 2017 to 2023. Based on the data, multiple regression models have been created to be able to answer the two research questions in the study.   Results: The results of the study indicate that a significant positive relationship exists between growth in EBITDA and development in stock price. Furthermore, the multiple regression performed in the study showed a significant negative relationship between growth in revenue and stock price development. The regression model designed to examine the relationship between CEO stock ownership and development in EBITDA did not pass Ramsey’s RESET-test, whereupon the model could not be considered adequate. Thus, no statistically proven relationship was found between CEO stock ownership and development in EBITDA.   Keywords: CEO stock ownership, EBITDA, return on investment, Nasdaq OMX Stockholm Mid Cap, Nasdaq OMX Stockholm Large Cap

During the past decades, since the phenomenal event of globalization, more businesses have expanded abroad as they continue to grow as an MNE. Which has led to them growing larger and with more people and relationships to manage, bringing us to the founding of the KAM system. A system with the purpose of guiding companies in how to manage both its internal and external relationships, though mainly those who are key accounts. As the system grows more popular amongst companies it has been found that the structure of it does differentiate between them. This has been in terms of how formalized it is. This brings the question of whether or not the level of formalization has an affect on how effective the system is in fulfilling its purpose in the company. Thus, that is what this research paper aims to examine in a few MNEs. By studying what level of formalization their system has, how it impacts their KA relationship management, and how effective the system is perceived to be by them in achieving this. By combining these three aspects a logical conclusion could be drawn. To achieve this, the study has been designed with an abductive and qualitative research approach, more specifically with case studies to allow for a more in-depth investigation on the topic. This would allow for a deeper understanding for how the system has functioned for and in the company, whilst considering its purpose. Thereafter, the findings are discussed in relation to relevant theories, concepts and framework. While the concepts have provided themes to the analysis, the findings have been used to validate or challenge the theories and frameworks. The discussion finally concludes that the level of formalization in a KAM system does have an impact on its effectiveness in fulfilling its purpose at the company.

This doctoral thesis focuses on the evaluation of the World Bank (WB) performance in delivering development aid to the Least Developed Countries (LDCs). For this purpose, an extensive research was performed to analyze a set of 790 Implementation Completion and Results reports for key economic and financial indicators. Results of this research provide various insights for the appraisal and the results stage of project delivery of the LDCs in different continents. In the final part of the economic and financial analysis the minimum Social Return on Investment (SROI) of the LDCs including all project costs was calculated. This SROI ratio outcome of 1 and 1.06 in the weighted and 1.3 and 1.72 in the unweighted case indicate that projects delivered by the WB have a positive effect on the poor countries. In the second part of this research project the data set of the ICR reports was qualitatively researched for negative ratings according to 3 core assessment categories for the overall project performance: Sustainability, bank performance and borrower performance. As a result the most critical categories respectively risks were outlined. In conclusion, the research analyses and findings support the general demand to provide even more development assistance to poor countries.:Table of Tables and Figures List of Equations List of Abbreviations 1 Introduction 1.1 Introduction to the Topic 1.2 Assessing Poverty Problems and Achieving Economic Growth 1.3 Millennium Development Goals 1.4 Development Aid 2 Research Approach 2.1 Objective 2.2 Structure 2.3 Least Developed Countries 2.4 World Bank 2.5 Data Access and Relevance 2.5.1 Data Basis 2.5.2 Implementation Completion and Results Reports 2.5.3 Project Types 2.6 Term “Performance” 2.7 Study and Research Questions 2.8 Challenges of this Doctoral Thesis 2.9 Contribution of this Thesis 3 Economic and Financial Analysis 3.1 SROI Concept 3.1.1 SROI Definition 3.1.2 SROI Process and Impact Map 3.1.3 Cost-Benefit-Analysis 3.1.4 SROI Calculation 3.2 SROI of World Bank Projects 3.2.1 Purpose of the Cost-Benefit-Analysis 3.2.2 Indicators of the SROI Calculation 3.2.2.1 Net Present Value 3.2.2.2 Capital and Recurring Costs 3.2.2.3 Project Dates and Duration 3.2.2.4 NPV-horizon 3.2.2.5 Discount Rate 3.2.3 Types of NPV-Cost-Ratios 3.2.3.1 Pro-Rata-Capital-Costs Ratio 3.2.3.2 Total-Capital-Costs Ratio 3.2.3.3 Pro-Rata-Capital plus Recurring-Costs Ratio 3.2.3.4 Total-Capital plus Recurring-Costs Ratio 3.2.4 Calculation of the proper SROI Ratio 3.2.5 Portfolio Analysis 3.2.6 Sensitivity Analysis 3.3 Additional Economic and Financial Indicators 3.3.1 Economic Rate of Return 3.3.2 Benefit-Cost-Ratio 3.3.3 Net Benefit 3.3.4 Financial Net Present Value 3.3.5 Financial Rate of Return 4 Results of the Economic and Financial Analysis 4.1 Analysis Approach and Setup 4.2 NPV Outcomes at the Appraisal Stage 4.2.1 Appraisal NPVs of the LDCs 4.2.2 Appraisal NPV Continent Comparison 4.3 NPV Outcomes of the Result Stage 4.3.1 Result NPVs of the LDCs 4.3.2 Result NPV Continent Comparison 4.4 Appraisal vs. Result NPVs 4.4.1 Results of the LDCs 4.4.2 Continent Comparison 4.5 Economic Rate of Return Result Values 4.5.1 Results of the LDCs 4.5.2 Continent Comparison 4.6 Additional Economic and Financial Indicator Result Values 4.6.1 Benefit-Cost-Ratio and Net Benefit 4.6.2 Financial Net Present Value and Financial Rate of Return 4.7 Overall Project Performance 4.7.1 Definition 4.7.2 Overall Project Performance Ratings 4.7.3 Outcome Calculation for Non-Financial Indicator Projects 4.7.4 Verification of Outcomes and Conclusion 4.8 NPV-Cost-Ratios and SROI Calculation 4.8.1 NPV-Cost-Ratios of the ICR Reports 4.8.1.1 Overall Results 4.8.1.2 Continent Comparison 4.8.2 Standardized NPV-Cost-Ratios 4.8.2.1 Overall Results 4.8.2.2 Continent Comparison 4.8.3 Calculating the Minimum SROI Ratio 4.8.3.1 Overall Results of the Capital SROI Ratio 4.8.3.2 Continental Comparison of the Capital SROI Ratio 4.8.3.3 Overall Results of the Minimum SROI Ratio 4.8.3.4 Continental Comparison of the Minimum SROI Ratio 4.8.4 Making Meaning of the Results 4.9 Summary and Conclusion 5 Qualitative Data Analysis 5.1 Content Analysis 5.2 Sustainability 5.2.1 Sustainability Rating Definition 5.2.2 Sustainability Rating Categories 5.3 Bank Performance 5.3.1 Bank Performance Definition 5.3.2 Bank Performance Categories 5.4 Borrower Performance 5.4.1 Borrower Performance Definition 5.4.2 Borrower Performance Categories 6 Results of the Qualitative Data Analysis 6.1 Sustainability 6.1.1 Quantitative Assessment of Sustainability Ratings 6.1.2 Outcome of the Content Analysis 6.1.2.1 Types of Reasons 6.1.2.2 Overall Results 6.1.2.3 Results in Haiti 6.1.2.4 Continent Comparison 6.1.3 Excursus: Positive NPV Projects 6.1.4 Summary and Conclusion 6.2 Bank Performance 6.2.1 Quantitative Assessment of Bank Performance Ratings 6.2.2 Outcome of the Content Analysis 6.2.2.1 Types of Reasons 6.2.2.2 Overall Results 6.2.2.3 Results in Haiti 6.2.2.4 Continent Comparison 6.2.3 Summary and Conclusion 6.3 Borrower Performance 6.3.1 Quantitative Assessment of Borrower Performance Ratings 6.3.2 Outcome of the Content Analysis 6.3.2.1 Types of Reasons 6.3.2.2 Overall Results 6.3.2.3 Results in Haiti 6.3.2.4 Continent Comparison 6.3.3 Summary and Conclusion 7 Overall Summary and Conclusion 8 Critical Acclaim and Recommendations 9 Outlook and Future Research List of Appendices Appendix References

In this study, the transfer of learning criteria that can be implemented before, during and after a learning programme was investigated. The transfer of learning criteria was identified, after which the Station Management Learning Programme was evaluated to see whether transfer of learning criteria was used during the facilitation of the programme. The study population for the research was comprised of facilitators and station commanders, who facilitated and attended the Station Management Learning Programme in Gauteng as part of their development as Station Commanders. The study methodology involved qualitative and quantitative approaches to data collection, with questionnaires and one-on-one interviews. Descriptive statistics were produced and literature, questionnaires and interviews were examined to establish whether transfer of learning took place. The findings of the study reflect that various learning transfer strategies exist and that these can be used to transfer learning from the classroom to the work environment. The study concludes that a significant number of transfer of learning strategies are already implemented in the South African Police Service, in the presentation of the Station Management Learning Programme. / Adult Basic Education (ABET) / M. Ed. (Adult Education)

Made available in DSpace on 2015-12-03T18:33:14Z (GMT). No. of bitstreams: 1 Claudio_Soutto_Mayor_Cangi.pdf: 3420964 bytes, checksum: f2b56ac77d05c297fdafdc9c5b1444fe (MD5) Previous issue date: 2015-08-17 / This dissertation discusses the use and difficulties of obtaining benefits when adopting ERP systems. Although this topic is widely discussed in the literature, there is still a perceived lack of qualitative studies that deepen the understanding. The theoretical framework Acceptance Model Technology (TAM) is perhaps the one that best fits the discussions about the reasons why a new technology is not fully utilized by organizations. In this sense, the main purpose of this study was to evaluate the TAM model and present the main variables that impact on the level of usage of ERP and in addition, empirical data demonstrating the low ROI when using the ERP system is low. The research in this study, therefore examines - in a given organizational context - how to reduce the perception of ease of use and usefulness of ERP through two propositions drawn from qualitative literature: characteristics of initial design and changes in the external environment (business and law). The results of the dissertation show that the company does not use the whole system. Around 30% of the initial, defined design features were no longer used after a certain time. The conclusions suggested from the analysis, found that the design characteristics and changes in the external environment (business and law) influence the low utilization of the system and directly affect the level of use of the ERP system. The appreciated value of the effort expended in these activities and identified cost saving opportunity is $25 million a year, if these activities are executed in the ERP. / Essa disserta????o versa sobre a utiliza????o e dificuldade de obten????o de benef??cios pela ado????o de sistemas ERP. Embora seja um tema extensamente discutido na literatura, ainda se percebe certa escassez de estudos qualitativos que o aprofundem. O arcabou??o te??rico Technology Acceptance Model (TAM) talvez seja aquele que mais se adeque ??s discuss??es acerca das raz??es pelas quais uma nova tecnologia n??o seja completamente aproveitada pelas organiza????es. Neste sentido, o intento principal do presente trabalho foi o de avaliar o modelo TAM e apresentar as principais vari??veis que impactam no n??vel de utiliza????o do ERP e em complemento, dados emp??ricos que demonstrem o baixo ROI quando a utiliza????o do sistema ERP ?? baixa. A pesquisa analisou de que forma se reduz - em um dado contexto organizacional - a percep????o da facilidade de uso e da utilidade do ERP por meio de duas proposi????es qualitativas extra??das da literatura; caracter??sticas do desenho inicial e mudan??as nos ambientes externo e interno (neg??cios, legisla????o e opera????o). Os resultados apontam que a empresa n??o utiliza o sistema em sua totalidade. Em torno de 30% das funcionalidades definidas no desenho inicial deixam de ser utilizada ap??s determinado per??odo. As conclus??es sugerem que a proposi????o analisada neste estudo, as caracter??sticas do desenho e as mudan??as nos ambientes externo e interno (neg??cios, legisla????o e opera????o) influenciam a baixa utiliza????o do sistema, impactam diretamente no n??vel de utiliza????o do sistema ERP. Foi realizada uma valoriza????o no esfor??o dispendido nestas atividades e se identificou oportunidade de redu????o de custos de US$ 25 milh??es ao ano caso estas atividades fossem utilizadas por meio do ERP.

根據歐盟2009 年發布之再生能源指令，定義熱泵系統所擷取之大氣熱能、水熱能以及地熱能為再生能源之選項，熱泵技術不受日夜與天候影響，且具安全、有低耗能、低排碳的優點，可應用在空調、暖氣、熱水等設備，備受歐美日本等先進國家重視，也是歐美各國政府極力推廣的項目之一。本研究針對台灣地區家戶住宅所使用小型空氣源熱泵熱水機組，透過環境資源及能源效率的角度，來探討熱泵熱水系統對於台灣住宅部門的適用性。 在研究方法上，針對國內熱泵個案廠商進行系統盤查分析，並且估算使用運轉過程中所需之能源投入，以計算熱水系統在製造過程與運轉使用過程中之環境影響。選擇生命週期評估軟體SimaPro 7.3做為評估工具，使用Eco-Indicator 95、EPS 2000兩種衝擊評估模式，來以生命週期評估探討熱泵熱水系統對環境之影響。並輔以淨能源分析法中能源投資報酬率與能源回收期，以及估算熱泵熱水系統生命週期CO2排放量，來衡量熱泵熱水系統之能源效率是否具有其效益。並進一步針對不同的再生能源發電比例與提升熱泵能源效率比例，探討不同方案的敏感度分析。 根據本研究分析結果顯示，熱泵熱水系統不管從Eco-indicator 95或EPS 2000衝擊評估模式下，運轉使用階段對環境衝擊較大，主要的衝擊項目為重金屬汙染，是因為熱泵熱水系統運轉所使用的電力消耗所致。使用熱泵熱水系統對環境衝擊程度遠較電熱水系統來得小，雖在Eco-indicator 95之衝擊評估模式下，瓦斯熱水系統較熱泵熱水系統環境衝擊程度較小，但以EPS 2000衝擊評估模式下，熱泵熱水系統對環境是最為友善的熱水系統。以淨效益估算熱泵熱水系統源投資報酬（EROI）值為1.45～5.55，能源回收期約為0.22年至2.16年，表示熱泵熱水系統從生命週期的角度來檢視能源效率是具有效益的。由於目前熱泵熱水系統對環境最大的負擔來源是電力的使用，若未來能提高再生能源發電比例、降低臺灣電能含碳濃度，或者提高熱泵能源生產效率，均能降低熱泵熱水系統對環境的負面影響。 / The purpose of this study is to apply life cycle assessment (LCA) and net energy analysis to explore the environmental impacts of the heat pump water heater in Taiwan. In order to achieve this objective, domestic data inventory was gathered from local heat pump industry in Taiwan through questionnaires including input of energy, product output and waste, etc. The SimaPro7.3 program and two impact assessment methods including Eco-Indicator 95, EPS 2000 were utilized to evaluate the environmental impact of the heat pump water heater. Also, we used net energy analysis such as energy return on investment and energy payback time, and estimated the life-cycle CO2 emissions to see whether if the heat pump water heater has its energy efficiency. In addition, the sensitivity analysis was performed by varying renewable energy generation portfolio and the heat pump energy efficiency ratio. Emprical results of two impact assessment methods (Eco-indicator 95 and EPS 2000) show that the main impact on environment of heat pump water heater is from operation phase. When operating the heat pump water heater, it needs to consume electricity which is generated from fossil fuel and caused the environmental impact. Compared with the electric water heater, the environmental impact degree of heat pump water heater is much smaller. In Eco-indicator 95 method, gas water heater has less influence on the environment than heat pump water heater; however, heat pump water heater is the most environment-friendly system in EPS 2000 method. That is because gas is a kind of nonrenewable resource. From the viewpoint of resource stock, gas indeed influence “Depletion of reserves” of environmental impact. By utilizing net energy analysis, the estimated energy return on investment (EROI) of heat pump water heater is 1.45～5.55, and energy payback time is 0.22~2.16 years. It indicates that heat pump water heater has significant benefit from life-cycle perspective. The main impact to environment by heat pump water heater is essentially derived from electricity input. To mitigation this environmental issue, one can reduce environmental impact by increase the proportion of renewable energy generation, and reducing the electricity CO2 emission. Furthermore, improving the energy efficiency of the heat pump would also helpful.

Queensland University of Technology has radically restructured the top-level governance systems for information technology planning and management. Additionally, QUT has integrated information technology planning and management with physical infrastructure planning and management via the Asset Management Plan. To complete the approach, QUT has instigated a top-level governance committee for IT to ensure alignment with organisational goals and strategies. This is an unusual development for IT planning and management at an Australian university and attracted attention from the Commonwealth Department of Education, Science and Training (DEST) as well as other universities in the Australian tertiary education sector and led to the research study. This research studies the redevelopment of the information technology planning and management approach. The survey research determines the level of integration of IT and university planning, and the correlation of this integration to effectiveness of IT planning. The case study documents the changes, highlights the advantages and disadvantages of the new approach and provides a model for change in IT management at other Australian universities. It is evident from current literature on information technology management and strategic planning that these developments are validated as steps toward achieving best practice in information technology planning and management. Through rigorous conduct of interviews, observations and review of documentation and through application of a survey questionnaire to a defined population, the research reviews the developments and ongoing implementation of the planning and management infrastructure. Among the outcomes from the new approach are better alignment of information technology investment with QUT goals and objectives, better benefits realisation from information technology investment, better project management of information technology development and innovation, and increased flexibility and accountability in information technology expenditure. Finally, a comparison to other information technology planning and management methods in place at Australian universities demonstrates the uniqueness of the QUT approach. The thesis reports the benefits and difficulties associated with this approach, and provides a context for future development of IT planning, management and governance at QUT.

The overall goal for manufacturing companies is to earn profit and increase shareholders’ value. To ensure that companies in fact are profitable, managers usually evaluate the company’s resources based on both financial and operational performance, to analyse if the resources are contributing with a financial return. One of the most critical resources and competitive advantages that manufacturing companies have is time. Time, however, is an intangible resource and challenging to measure financially. There are, therefore, few practical instruments available to support managers’ decisions when it comes to linking lead-time with financial performance, assisting managers to prioritize the lead-times that are of strategic value (i.e. strategic lead-times). The purpose of this research was, therefore, to analyse strategic lead-times within new product development, purchasing, and production, as well as the implications that strategic lead-times have on manufacturing companies’ financial performance. To fulfil this purpose, the following two research objectives were formulated: (1) to analyse strategic lead-times within new product development, purchasing, and production, and (2) to analyse the implications of strategic lead-times on manufacturing companies’ financial performance. The research presented in this thesis has been conducted within a research project (KOPtimera). To fulfil the research objectives and the research purpose, a combination of conceptual analytical research and case study research was used, utilizing a number of data collection techniques: literature reviews, interviews, focus groups, workshops, document studies, and observations. In general, it is concluded that strategic lead-times, as defined in the research, have high implications for manufacturing companies’ financial performance and that the length of the strategic lead-times will impact who owns the risk in the manufacturing system, who controls the system and where variants are possible to create. The research further presents the implications that strategic lead-times have on financial performance, as well as indicates that it is possible to evaluate lead-time performance through financial performance, using readily available and accepted financial performance measures. Based on the implications identified, also a framework (the FinaSt framework) was developed. This FinaSt framework takes into consideration that not only the extension, but also the existence of strategic lead-times has implications for manufacturing companies’ financial performance, and that these implications can be either direct or indirect. The results contribute to the literature focused on valuing lead-times and provide useful knowledge for managers, allowing them to gain a better understanding for strategic lead-times’ implications on manufacturing companies’ financial performance, thus allowing for better decision support when evaluating supply chain designs and prioritizing alternatives based on profitability (i.e. return on investment). / Tillverkande företags övergripande mål är att vara lönsamma genom att skapa vinst till sina ägare. För att säkerställa att företagen är lönsamma brukar företagsledare utvärdera företagets resurser baserat på deras finansiella och operationella resultat, och således undersöka om resurserna bidrar med en ekonomisk avkastning. En av tillverkande företags mest kritiska resurs och konkurrensfördel är ledtid. Ledtid är emellertid en immateriell resurs och utmanande att mäta finansiellt, vilket är en bidragande orsak till att det finns få praktiska verktyg och beslutsstöd för att värdera ledtid finansiellt och underlätta för företagsledare att prioritera de ledtider som är av strategisk betydelse för företaget (d.v.s. strategiska ledtider). Syftet med denna forskning var således att analysera strategiska ledtider inom produktutveckling, inköp och produktion, samt de implikationer som strategiska ledtider har på tillverkande företags finansiella resultat. För att uppfylla detta syfte formulerades följande två forskningsmål: (1) att analysera strategiska ledtider inom produktutveckling, inköp och produktion, och (2) att analysera de implikationer som strategiska ledtider har på tillverkande företags finansiella resultat. Forskningen som presenteras i denna licentiatuppsats har genomförts i ett forskningsprojekt (KOPtimera). För att uppfylla forskningsmålen och syftet har en kombination av analytisk konceptuell forskning och fallstudier använts, där litteraturstudier, intervjuer, fokusgrupper, arbetsmöten (workshops), dokumentstudier och observationer använts för datainsamling. Slutsatserna är att strategiska ledtider, som de definieras i denna forskning, i hög grad påverkar tillverkande företags finansiella resultat, och att längden på strategiska ledtider påverkar riskfördelningen och styrbarheten i tillverkningssystemet samt var varianter skapas. Forskningsresultatet visar på de implikationer som strategiska ledtider har på tillverkande företags finansiella resultat och indikerar att det är möjligt att värdera ledtidsprestation genom redan tillgängliga finansiella nyckeltal. Baserat på de identifierade implikationerna utvecklades ett ramverk (FinaSt-ramverket). Detta ramverk tar i beaktning att inte enbart längden på strategiska ledtider utan också själva förekomsten av strategiska ledtider har implikationer för tillverkande företags finansiella resultat, och att dessa implikationer kan vara direkta eller indirekta. Resultatet bygger vidare på och bidrar till den litteratur som fokuserar på att värdera ledtid samt tillhandahåller kunskap för en ökad förståelse för strategiska ledtider och den betydelse som strategiska ledtider har på tillverkande företags finansiella resultat. Resultatet kan således bidra till bättre beslutsstöd vid utvärdering och prioritering av olika försörjningskedjealternativ, genom att tillhandahålla stöd för att basera beslutet på lönsamhet.

In this study, the transfer of learning criteria that can be implemented before, during and after a learning programme was investigated. The transfer of learning criteria was identified, after which the Station Management Learning Programme was evaluated to see whether transfer of learning criteria was used during the facilitation of the programme. The study population for the research was comprised of facilitators and station commanders, who facilitated and attended the Station Management Learning Programme in Gauteng as part of their development as Station Commanders. The study methodology involved qualitative and quantitative approaches to data collection, with questionnaires and one-on-one interviews. Descriptive statistics were produced and literature, questionnaires and interviews were examined to establish whether transfer of learning took place. The findings of the study reflect that various learning transfer strategies exist and that these can be used to transfer learning from the classroom to the work environment. The study concludes that a significant number of transfer of learning strategies are already implemented in the South African Police Service, in the presentation of the Station Management Learning Programme. / Adult Basic Education (ABET) / M. Ed. (Adult Education)