This study offers insight into the perceived leadership behaviour of sales managers in a pharmaceutical organisation in South Africa. The study specifically investigated the extent of the relationship between leadership behaviour of sales managers and motivation of sales teams during the implementation of strategic alliances. The study followed a mixed methods approach and had a correlational research design. The population in this study was the fifty four (54) sales representatives and their respective sales managers of the six sales teams identified, who are directly responsible for implementing strategic alliances. The population was demarcated into six (6) sales teams with each team reporting to a separate sales manager. Inferential and descriptive statistics were used to analyse the data. The quantitative data were analysed using Pearson’s correlation coefficient (r). The qualitative component was analysed using a content analysis. The findings of the correlation analysis suggest that an overall positive and moderate relationship exist between autocratic leadership behaviour of sales managers and the motivation of sales teams. A similar relationship exists between team leadership and extrinsic motivation. A positive and weak relationship exists between directive and supportive leadership and motivation. Similarly, a positive and weak relationship exists between team leadership and intrinsic motivation. However, the extent to which these relationships exist varies between the sales teams. The findings of the content analysis indicate that task-oriented leadership behaviour may exert the strongest motivator for sales teams when implementing strategic alliances. / Business Management / M. Com. (Business Management)

稅負為企業的一項重大成本，如何取得讓企業有效降低稅負的租稅策略是企業關注的問題之一。過去文獻發現，策略聯盟所形成的網絡連結會形成一股資訊流，傳遞聯盟成員彼此的知識與經驗，並透過網絡連結取得對其有利的知識與資訊。因此本研究探討當策略聯盟的成員中含有低稅率企業時，是否會傳遞租稅策略資訊，使企業進行更多的租稅規避行為；且當低稅率聯盟夥伴與企業有相似的特性時，相較於特性不相似的聯盟夥伴，租稅策略資訊的傳遞會更有效。研究結果顯示，企業會透過低稅率的聯盟夥伴取得租稅策略的相關資訊並增加租稅規避行為；且當彼此位於同一地區或風險程度相似時，相較於不同地區或風險程度不相似的低稅率聯盟夥伴，租稅策略資訊的傳遞更有效，企業會進行更多的租稅規避行為；產業、所得移動力及成長機會相似性也會提高租稅策略資訊的傳遞效果。

Thesis (PhD)--Stellenbosch University, 2003. / ENGLISH ABSTRACT: For more than a decade there has been an economic need to mitigate the negative effects of the air transport industry's innate sensitivity to cyclical developments as well as the effects of its inherent lack of substantial profits. The past 20 years were additionally marked by a change in policy that prompted various countries to liberalise and privatise their civil passenger air transportation industry. At the same time, airlines' business ambitions became more global, tapping into markets beyond countries' or continents' main gateways. All three aspects started to change the pattern of airline competition and required new business models. Key features of airlines' novel business models are geographic expansion and thus market development. Global expansion strategies and market development activities in passenger air transportation are, however, not easily and fluidly executable. The airline industry is, to some extent, still nationally regulated, thus impeding passenger airlines from fully participating in the global market-scene and from freely entering promising geographies. Concomitantly, the competitive landscape in which scheduled passenger airlines operate changed drastically, with travel value chains occasionally undergoing revolutionary transformations on both the supply and the demand side. Finally, the air transport service reveals several peculiarities that impact its production, distribution and consummation. These characteristics have inspired the execution of novel forms of competitive strategies that are described and critically discussed in this dissertation. Within this context, a main root cause for passenger airline partnerships appears to be its continued regulation and the circumvention thereof through the horizontal joining of forces, thus emulating concentration tendencies that have long been a fixture in other globalising industries. Consequently, horizontal interairline partnerships were induced and identified as a key competitive device with which to weather the challenges of the new air transport rivalry structures, the increasingly deregulated environment, and the impediments of sustained market regulation. All major airlines are now involved in some type of horizontal collaboration. The spectrum of these linkages is wide and ranges from loose, unattached, operative agreements to long-term, far-reaching, strategic ones, the most salient forms and instruments of which are thoroughly scrutinised in this dissertation. This dissertation additionally presents the general core inducing economic drivers of carrier interrelationship, which are cost reduction, revenue generation and corporate power considerations. While these aspects offer a multitude of possible partnership forms and instruments, the bulk of airline linkages, however, is presently constituted of joint revenue generation and, consequently, jointly pursued marketing and market expansion goals. In view of these causes, the present dissertation engages in a profound discussion of the rationales behind interairline partnerships, their likely evolution and effects on management practice. Essentially, the key importance of airline partnerships in meeting basic economic imperatives on the one hand, while circumventing persistent regulation on the other, questions the sustainability of incumbent carriers' current business models. There are clear indications that a structured sequence of events in establishing interairline linkages is a key success factor for horizontal airline partnerships. However, the empirical examination of contemporary partnerships' governance structures and managerial practice strongly points to a lack of ample tools with which to establish airline partnerships, select the appropriate match between alliance goals and intensity, and govern alliances during their entire life-cycles. This drawback seems particularly unacceptable in view of the urgent requirement for more appropriate managerial practice in today's discontinuous air transport business environment, and speaks loudly of the need for a framework with which to enhance airline partnership output. Most ideally, a coherent, structured sequence of events should be followed in partnership formation, organisational set-up and management in order to bring an alliance to fruition. On this basis, the establishment of a collaboration governance organisation, adequately mirroring the specific partnership type and meeting the specific demands of all partners involved, is equally identified and described as a fundamental success driver in this dissertation. Further structural, organisational and functional issues thereafter need to be considered in order to transform the joint business venture of two horizontally allied carriers into a venture for mutual success. The most essential of these are introduced in this dissertation. Synergy plays a central role in this context. Synergy, as the overreaching intention and result of working together towards a common goal, must be anchored as a prime objective of all forms of partnership activities. Synergy through interfirm linkages can be derived from various collaborative areas and is greatly influenced by both internal and external factors. One gauge for synergy, in particular for the transformation of synergy potentials into synergy effects, is partnership intensity. The measurement of partnership intensity can be used to perpetually monitor the benefits of partnership activities. At the same time, inconsistent or uneven partnership intensity can indicate the existence of dissynergies or frailties in the alliance. The underlying theories of collaborative synergy generation, its main drivers and impediments, with particular reference to horizontal partnerships of scheduled passenger airlines, are explored in this dissertation. In recognition of the theoretical and practical background of airline partnerships and the acknowledged problems associated with their establishment and operation, the present dissertation proposes a novel model dynamically supporting the quest for synergy in airline interrelationships. Incorporating the goals of synergy generation and its continual measurement in interairline partnerships, the synergy audit is designed as a dynamic managerial tool. The synergy audit functions as a recurring device for unleashing all the positive partnership benefits of collaborative scope and width. It aids airline alliance management in transforming the desired benefits of partnership activities - synergy potentials - into real, tangible synergy effects during the entire partnership life cycle. The tool A.PIE (Airline Partnership Intensity Evaluator) supports the synergy audit and, which idiosyncratic to the airline industry, multidimensionally applies the deduced relationship of partnership intensity and synergy to the most salient partnership areas and functions. The present dissertation shapes understanding of the true drivers and complexities of today's airline partnerships. It proposes a circular, multidimensional and dynamic model, thus attempting to enhance the set-up, performance and output of horizontal airline collaboration. From this point of view it endeavours to fill the gap identified in contemporary airline partnership management and practice. / AFRIKAANSE OPSOMMING: Sien asb volteks vir opsomming

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Business Administration / Master / Master of Business Administration

Cette recherche a eu pour but principal de montrer, à travers l’exemple de l’industrie informatique dans les années 90, que la stratégie de partenariat est aujourd’hui devenue un outil essentiel pour permettre aux entreprises à la tête d’une industrie à forte innovation technologique, confrontée à des changements structurels importants, et en particulier à la désintégration menant au leadership technologique partagé, de maintenir leur position dominante. Les quatre parties du travail constituent une suite logique d’étapes contribuant chacune à valider la thèse: la partie I porte sur la synthèse des principaux courants de la littérature scientifique sur les accords de collaboration et leur relation avec l’évolution des industries. Le but poursuivi dans la partie II est de décrire les changements intervenus dans l’industrie informatique au cours des années 90 et de formuler l’hypothèse d’une relation entre ces changements et la stratégie des firmes dans le domaine des accords de collaboration. Cette hypothèse est vérifiée empiriquement dans les parties III et IV à l’aide d’une banque de données sur les accords de collaboration. La partie III du travail présente les résultats descriptifs et la partie IV les résultats analytiques permettant de valider l’hypothèse.

Les alliances stratégiques et les fusions-acquisitions sont théoriquement considérées aujourd’hui comme de véritables leviers de création de valeur. Cette création de valeur prend différentes formes, à savoir essentiellement une valeur stratégique, une valeur substantielle, une valeur institutionnelle et une valeur financière (notamment actionnariale). C’est cette dernière qui retient spécifiquement notre attention. L’objectif de ce travail de recherche, après avoir analysé les résultats des travaux empiriques réalisés sur l’impact des annonces d’acquisitions portant sur la performance boursière, est de répondre à deux questions fondamentales. La première question est de savoir si à un horizon plus ou moins lointain, la performance boursière des acquisitions coïncide avec la performance réelle, et si par conséquent cette forme de croissance externe peut se justifier par la motivation financière des dirigeants ou actionnaires. La deuxième question est de savoir si cette hypothèse formulée se vérifie également pour le cas des alliances, établissant par la même une comparaison avantageuse en faveur de l’une ou l’autre des options de croissance externe. Nos résultats montrent en définitive que sur le court terme l’annonce d’une alliance a un impact négatif sur la performance contrairement à l’annonce d’une fusion ou d’acquisition, tandis que d’autre part sur le long terme, il n’y a aucun impact positif (impact neutre) sur la performance financière qu’il s’agisse de l’alliance stratégique ou de la fusion-acquisition. Nous expliquons ce résultat par un phénomène de « création de valeur compensatoire » dans le cadre d’une intention stratégico-financière. / Strategic alliances and mergers & acquisitions are theoretically now considered as real levers of value creation. This value creation takes different forms, essentially strategic value, substantial value, institutional value and financial value (including shareholders). This latter holds our attention specifically. The objective of our research, after analyzing the results of empirical works focused on the acquisition announcements impact on the stock market performance, is to answer two fundamental questions. The first question is to know that if, on a more or less distant horizon, the stock market performance of acquisitions coincides with the actual performance and so if this form of acquisitions can be justified by the financial motivation of CEOs or shareholders. The second question is to know that if this hypothesis is also true in the case of alliances, establishing by the way an advantageous comparison in favor of one or other of the external growth options. Our final results show that in the short term the announcement of an alliance has a negative impact on performance as opposed to the announcement of a merger & acquisition, while other hand on the long-term, there is no positive impact (neutral impact) on financial performance whether it be the strategic alliance or merger & acquisition. We explain this result by the phenomenon of "creation of compensatory value" in the context of a strategic and financial plan.

Um dos grandes desafios das empresas para maximizarem sua capacidade de inovação, necessidade preemente nos dias atuais, é o desenvolvimento de mecanismos que proporcionem a obtenção da complementaridade de competências entre duas ou mais empresas (MOFFAT; GERWIN; MEISTER, 1997). Entre estes mecanismos encontram-se as alianças estratégicas para o desenvolvimento de novos produtos, fenômeno relativamente recente e que já pode ser considerado como tendência nas decisões de pesquisa e desenvolvimento (P&D). O foco do presente trabalho é a análise destas alianças estratégicas, através do estudo da teoria já existente, fazendo surgir reflexões importantes e gerando novas contribuições. O escopo do estudo é, sem dúvida, a questão organizacional, em uma visão macro, permitindo uma análise sistêmica do fenômeno. Muitos trabalhos trazem separadamente temas acerca das alianças estratégicas para o desenvolvimento de novos produtos. Surge com isso, como conseqüência, a oportunidade de estruturação desses elementos, aparentemente dispersos, em uma síntese teórica ou estrutura conceitual, o que possibilita uma compreensão mais profunda do tema. Além disso, é feita uma organização e estudo das variáveis existentes no fenômeno para contribuir com as decisões acerca da forma organizacional mais adequada às alianças / One of the great challenges of the companies to maximize its capability of innovation, an urgent necessity in current days, is the development of mechanisms that allow the complementing of competences between two or more companies (MOFFAT; GERWIN; MEISTER, 1997). One of these mechanisms is the strategic alliances for new product development, a relatively recent phenomenon and one that already can be considered as a trend in research and development (R&D) decisions. The focus of the present work is the analysis of these strategic alliances, through the study of the existing theory, causing important reflections to emerge and generating new contributions. The scope of the study is, with no doubt, the organizational problem, in a macro viewpoint, which makes possible a systemic analysis of the phenomenon. Many papers separately bring subjects concerning the strategic alliances for new product development. That brings the opportunity to structure these elements, apparently dispersed, in a theoretical synthesis or conceptual structure, which makes possible a deeper understanding of the subject. Moreover, the existing variables in the phenomenon are studied and organized, so that this contributes to arrive at the decisions concerning the most suitable organizational format for the alliances.

Made available in DSpace on 2015-03-05T19:11:30Z (GMT). No. of bitstreams: 0 Previous issue date: 17 / Nenhuma / Nas últimas décadas, a globalização dos mercados, entre outros fenômenos, tem provocado o acirramento da competição entre as empresas. Vê-se na cooperação e na coopetição modelos que cada vez mais recebem atenção, uma vez que, dificilmente uma empresa atuando isoladamente conseguirá desenvolver, em tempo hábil, todos os recursos, materiais ou não, para adquirir e manter sua competitividade. Assim, diante das exigências de mercado, as empresas têm na formação de alianças estratégicas uma alternativa de agrupar os recursos necessários para atender a esse mercado e criar uma vantagem competitiva sustentável. Nesse contexto, o presente estudo propõe-se a investigar o grau de utilização dessa estratégia pelas empresas, o formato dos controles de gestão utilizados e um futuro provável das alianças estratégicas realizadas por médias e grandes empresas que compõem os Pólos Calçadistas do Vale do Rio dos Sinos-RS e de Franca-SP. A pesquisa é aplicada, quantitativa e descritiva, situando o comportamento e as expectativ / Starting some decades ago, market globalization, among some other phenomena, has increased business competition. It is seen in cooperation and coopetition models receiving more and more attention, once a company, acting isolated, will hardly be able to develop, in time, all resources, material or not, to acquire and maintain its competitiveness. Thus, facing market requirements, companies have in strategic alliances an alternative to group necessary resources to deal with this market and create a sustainable competitive advantage. In this context, this current study has in view to investigate the degree of use of this strategy by the companies; the set of management control used and a probable future for the strategic alliances made by medium and large enterprises that constitute the Shoe Company Nuclei of Vale do Rio dos Sinos-RS and Franca-SP. The research is applied, quantitative and descriptive, showing the behavior and expectations of both shoe companies nuclei part of the research. This study was develo