Companies are faced with challenges constraining the achievement of set budgets, goals,
profit and cost of product, to name a few, on a daily basis. These challenges influence
value creation and sustainable value creation. Value-based management is an integrated
management tool which may assist in achieving sustainable value creation within a
company. Achieving sustainable value creation will result in benefits for both the
shareholders and the various stakeholders.
In 2008 and 2009 Eskom, South Africa’s sole electricity provider announced a major
shortage of electricity and consequently major price increases. Since electricity
consumption is a crucial part of the production process, this announcement had a
devastating effect on mining companies.
The primary objective of the current study is to investigate whether a local mining
company is focusing on applicable endeavours to overcome the electricity constraint and
price hikes in order to sustain value creation.
This was done by studying the company’s financial & management reports, public
announcements and media coverage, in conjunction with a quantitative study, collecting
primary data by using standardised questionnaires distributed among the mining
company’s employees.
The results from this study indicate that the selected company is focusing on relevant
projects to overcome the electricity constraints. Further, the conclusion made from the
results of the questionnaires shows that the higher staff levels are more informed and
aware of value-based management. It also points out that the lower levels and
employees from the production and mining departments are less informed and aware of
value-based management. / Thesis (MBA)--North-West University, Potchefstroom Campus, 2012
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nwu/oai:dspace.nwu.ac.za:10394/8449 |
| Date | January 2012 |
| Creators | Willemse, Beverly Jean |
| Publisher | North-West University |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
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