Thesis (MBA.) -- University of Limpopo, 2015 / The Department of Economic Development, Environment and Tourism is mandated
to focus on growing the provincial economy, empowering women and youth, on
supporting small businesses and co-operatives and improving the lives of the people
of the province for the better as indicated in the Limpopo Economic Development,
Environment and Tourism Province Budget Vote (2015/16). Economic growth and
social wellbeing are closely tied to the ability to protect the natural environment.
Mining, electricity generation and agriculture are among the economic activities that
have a direct impact on the environment and need to be carried out in a sustainable
and responsible manner.
Towards this vision, the assets which are furniture, transport, computer hardware
and other machinery and equipment need to be managed efficiently and effectively
in order to fulfil the needs of society and the departments. These assets represent an
enormous value for the owner which is LEDET and for society at large. To grasp the
full potential of these assets, a deep and thorough understanding of an asset’s
complete lifetime is needed. However, the assets especially physical assets, public
buildings and infrastructures are not managed properly and that results in numerous
challenges and audit queries that are raised by the Auditor General.
The purpose of this study was to investigate the challenges that are facing the asset
management unit of Limpopo Department of Economic Development & Tourism
(LEDET). Asset Management has been hailed as important in order to enable
government to deliver proper services to the citizens of the country. This has
encouraged the researcher to undertake the study in order to add more knowledge
on the asset management process of the government, looking at the challenges and
possible solutions.
The need for this study was considered relevant and necessary as government
departments and other private sectors face numerous challenges in implementing
the asset management. Limpopo Department of Economic Development,
Environment and Tourism, as a case study, faces challenges in fulfilling some of its
mandate due to lack of support from asset management activities. In terms of its
strategic plan, the department seeks to address issues relating to economic growth,
the promotion and development of tourism and using environmental management to
guide and monitor sustainable development in the province. These challenges have
negative implications on the delivery of services to the communities it serves.
In this study, the researcher investigated the following: demographic profile of
respondents, challenges facing asset management, the impact of asset
management on service delivery and lastly the best practice on the implementation
of asset management. Data were analysed into themes and revealed
communication, training, interpretation of relevant prescripts, limited resources,
proper allocation of resources and effective participation of relevant stakeholders as,
amongst others, challenges to the process.
The study concluded by providing recommendations to management of the Limpopo
Department of Economic Development, Environment and Tourism on how to
improve the asset management activities to achieve the strategic goals of the
department. The recommendations proposed are improved communications with
stakeholders, development of asset plan, skills capacity of asset management
officials and sourcing the asset information system that integrates with the financial
system to provide a reliable asset register. / LEDET (Limpopo Department of Economic Development & Tourism)
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ul/oai:ulspace.ul.ac.za:10386/3868 |
| Date | January 2015 |
| Creators | Ramosebudi, Sewela Magreth |
| Contributors | Kanjere, M. |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | x,104 leaves |
| Relation |
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