A critical evaluation of the state of capital asset management in Nelson Mandela Bay Municipality and its impact on service delivery
- Authors: Ndleleni, Neziwe
- Date: 2024-04
- Subjects: Nelson Mandela Bay Municipality (South Africa) , Asset-liability management , Asset management accounts -- South Africa -- Port Elizabeth
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/65285 , vital:74088
- Description: Over the past decades, municipalities have emerged as a significant sphere of government that provides essential services to the general population, thereby improving their standard of living. While the communities have been vocal in their demand for improved service delivery, some municipalities are finding it difficult to provide sustainable services because of their deteriorating infrastructure. As a result,this exhibits a negative impact on the citizens' standard of living. Good capital asset management and efficient use of resources, including suitable amenities to offer services as needed by communities, are required to improve the quality of services. Municipalities must comply with this directive, adhere to the governance requirement, alongside their consequent obligations to follow laws and regulations, execute their duties and deliver promises set within the communities that they serve. The objective of this research was to critically examine the state of capital asset management in NMBM and its influence on service delivery.The research adopted a qualitative method of enquiry. The researcher employed a qualitative methodology to acquire data using an interview schedule. Some basic findings suggest that aspects of capital asset management, including leadership, planning and budgetary concerns, a scarcity of technical staff, managerial dedication and engagement, political support, insufficient or absent capital asset conditions, present a challenge in NMBM. The study recommends that management take steps to enhance the implementation of an asset management policy, at the same time developing strategies and interventions to assist related service delivery directorates and personnel in the application, controlling andmonitoring of capital assets. It is necessary to improve the competence and efficiency of assets as well prioritise the required services and sustainability. The argument reflects that the techniques suggested in conjunction with the findings provide novel perspectives on the problems associated with capital assetmanagement. In the end, putting these recommendations into practice might greatly enhance asset management and service delivery in NMBM. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2024
- Full Text:
- Date Issued: 2024-04
Barriers that prevent effective implementation of physical asset management in a ferrochrome smelter
- Authors: Mulaudzi, Zwivhuya Phumudzo
- Date: 2024-04
- Subjects: Asset management accounts -- South Africa , Asset-liability management , Asset allocation
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/65263 , vital:74083
- Description: The systematic management of fixed assets, such as equipment, vehicles, machinery, and buildings, is referred to as physical asset management. Effective physical asset management helps equipment intensive organisations, such as smelters, to obtain the most value from their assets, while reducing the risks associated with their ownership and operation of these assets. Physical asset management ensures that assets are safe, cost-efficient, reliable, compliant with relevant regulations and standards. The primary objective of this study was to investigate barriers that prevent the effective implementation of physical asset management in the ferrochrome smelter environment. The researcher used the qualitative phenomenological approach to conduct the study with 12 participants selected for the study and data collected through in-depth interviews, to achieve the study’s objectives. The collected qualitative data was analysed and emerging themes from the data were presented. The findings of the study established several barriers that hinder or prevent effective implementation of physical asset management within a smelter environment. Issues, such as risk assessment, competencies, awareness and training were found to have a major impact on the effectiveness of the physical asset management system. The study offered recommendations, such as the generation of an asset specific risk management strategy to manage the risks associated with physical assets. Continuous training and development for the workforce remain effective in delivering the objectives of a physical asset management system. The recommendations proposed to the organisation in this study, can be used as a guide to help the top leadership in decision making and developing a future asset management policy, strategy, and objectives. Periodic management reviews are essential in addressing challenges relating to the physical asset management system. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2023
- Full Text:
- Date Issued: 2024-04
A framework to investigate risk management in commercial banks
- Authors: Fick, William
- Date: 2012
- Subjects: Banks and banking -- Risk management , Risk management , Asset-liability management
- Language: English
- Type: Thesis , Masters , MTech
- Identifier: vital:9288 , http://hdl.handle.net/10948/d1009429 , Banks and banking -- Risk management , Risk management , Asset-liability management
- Description: Businesses are continuously exposed to a changing business environment which may either exert positive or negative influences on profitability. The banking industry, in particular, is highly competitive and bank failures can have significant consequences for customers. Commercial banks, therefore, have a responsibility to protect their customers by implementing sound risk management strategies. In light of the recent financial crises (since 2007), risk management has once again become a popular topic of discussion since adequate risk management should have prevented or minimised the impact of the risks faced by failed banks. The primary objective of this study was to develop a framework that could be used by South African commercial banks to investigate risk management. Qualitative research was conducted in this regard. From this, findings and recommendations were derived in order to provide banks with a tool by which they could assess their exposure to risk. Various journals, websites, newspapers, bank reports and textbooks were consulted in support of the literature. The literature provided background information on the history and development of the risk management process. Considerable attention was given to the categories of risk that an adequate risk management framework should address. Furthermore, the current models used to manage risk in commercial bank were provided, as well as the specific reasons for bank failures. The main findings of this study were the identification of the most significant reasons for banking failures. These were identified as capital inadequacy, credit risk due to non-performing loans and a lack of banking supervision. In addition to these reasons, several other contributing principles were identified as important factors to be included in a risk management framework. A risk management framework was thus constructed in Table 5.1 based on the literature regarding global banking failures and the relevant conclusions made by the researcher.
- Full Text:
- Date Issued: 2012