Companies creating shared value through their business models
- Authors: Ncemane, Bonakele
- Date: 2019
- Subjects: Business planning , Strategic planning Social responsibility of business Capitalism -- Moral and ethical aspects
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/42935 , vital:36712
- Description: The subject of this treatise was the construct “Creating Shared Value”. The purpose was to explore the business models companies use to create shared value. The study was based on the life insurance industry. The study employed a qualitative paradigm and four Cases were content analysed. It was found that business models used by the insurance industry increase quality of life and thereby increasing social value; further these business models increases economic value for business through the reduction of insurance costs . This mutual and simultaneous creation of economic value and social value is the underlying principle of the Shared Value Construct. Secondly it was found that business models used by the life insurance companies selected for the study manifested hybrid business models with features of both inclusive and social business models components. Practical implications – Policy makers should consider providing universal coverage based on the emerging hybrid business model as an alternative to National Health Insurance business model that is aimed at compulsory membership of citizens to a medical aids. These model enhance early detection of disease’s which promotes better health management and prevention, literature review correlated this with better productivity, less insurance claims and general wellbeing of the citizens.
- Full Text:
- Date Issued: 2019
- Authors: Ncemane, Bonakele
- Date: 2019
- Subjects: Business planning , Strategic planning Social responsibility of business Capitalism -- Moral and ethical aspects
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/42935 , vital:36712
- Description: The subject of this treatise was the construct “Creating Shared Value”. The purpose was to explore the business models companies use to create shared value. The study was based on the life insurance industry. The study employed a qualitative paradigm and four Cases were content analysed. It was found that business models used by the insurance industry increase quality of life and thereby increasing social value; further these business models increases economic value for business through the reduction of insurance costs . This mutual and simultaneous creation of economic value and social value is the underlying principle of the Shared Value Construct. Secondly it was found that business models used by the life insurance companies selected for the study manifested hybrid business models with features of both inclusive and social business models components. Practical implications – Policy makers should consider providing universal coverage based on the emerging hybrid business model as an alternative to National Health Insurance business model that is aimed at compulsory membership of citizens to a medical aids. These model enhance early detection of disease’s which promotes better health management and prevention, literature review correlated this with better productivity, less insurance claims and general wellbeing of the citizens.
- Full Text:
- Date Issued: 2019
Developing a business model for growth in social enterprise : a case study of a hybrid organisation
- Authors: Olivier, Grant Jerome
- Date: 2013
- Subjects: Social entrepreneurship , Business planning , Free enterprise -- Social aspects , Small business -- Growth
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8854 , http://hdl.handle.net/10948/d1020137
- Description: The Intshona Group of Companies operates in South Africa as a hybrid agribusiness combining entrepreneurial principles with a philosophy of social upliftment in Africa. This research views Intshona through the lens of social entrepreneurship theory, a hybrid research field with a dominant theme being the need for growth and scaling of impact, but which is seen as fragmented, containing ambiguities and lagging practice. In this research, a case study of Intshona is developed based on questionnaires and interviews with the organisation’s management, a concerned NGO, social beneficiaries as well as employees. The result is a two-way flow of knowledge integrating elements of existing social enterprise theory with Intshona’s business practices, building on a generic model of entrepreneurship and culminating in a business model for growth in a social enterprise. The research delivers strategic directives for Intshona for its future growth, presents a case study for addition to the body of knowledge on social entrepreneurship and concludes with suggestions for further research to continue developing theory.
- Full Text:
- Date Issued: 2013
- Authors: Olivier, Grant Jerome
- Date: 2013
- Subjects: Social entrepreneurship , Business planning , Free enterprise -- Social aspects , Small business -- Growth
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8854 , http://hdl.handle.net/10948/d1020137
- Description: The Intshona Group of Companies operates in South Africa as a hybrid agribusiness combining entrepreneurial principles with a philosophy of social upliftment in Africa. This research views Intshona through the lens of social entrepreneurship theory, a hybrid research field with a dominant theme being the need for growth and scaling of impact, but which is seen as fragmented, containing ambiguities and lagging practice. In this research, a case study of Intshona is developed based on questionnaires and interviews with the organisation’s management, a concerned NGO, social beneficiaries as well as employees. The result is a two-way flow of knowledge integrating elements of existing social enterprise theory with Intshona’s business practices, building on a generic model of entrepreneurship and culminating in a business model for growth in a social enterprise. The research delivers strategic directives for Intshona for its future growth, presents a case study for addition to the body of knowledge on social entrepreneurship and concludes with suggestions for further research to continue developing theory.
- Full Text:
- Date Issued: 2013
An ERP system implementation framework for management accountants in the water industry
- Authors: Mudau, Thanyani Norman
- Date: 2012
- Subjects: Management information systems , Enterprise resource planning , Business planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:10487 , http://hdl.handle.net/10948/d1018921
- Description: Organisations are seeking for an opportunity to reduce costs while they increase service delivery to their customers. In order to remain in business, companies must have proper strategies in place to reduce costs while they still deliver the same standard of service. In order to remain competitive, companies have implemented Information Communication Technology (ICT). The implementation of ICT was done to assist organisations to improve efficiency in their production processes. To achieve these objectives, companies implemented Enterprise Resource Planning (ERP) systems. Some companies that have implemented an ERP system, however, are faced with the challenge of not fully realising the full benefits of implementing the ERP system. The Water Industry is faced with a challenge of ensuring that it manages the water value chain effectively through the use of an ERP system. The industry is also experiencing difficult times in ensuring that the business is run in a sustainable manner to manage the infrastructure assets. This has resulted in the importance of internal reporting within the Water Industry to assist management to monitor performance and take informed decisions. The implementation of an ERP system has affected all the roles in the Water Industry, especially the role of management accountants who are involved with internal reporting. Management accountants are experiencing challenges during and after the implementation of an ERP system, especially with the effective and efficient reporting of information. This study investigated the challenges that management accountants encountered after the implementation of an ERP system in the Water Industry in South Africa. The research consists of a preliminary study to identify challenges that management accountants encounter during and after the implementation of ERP system in the Water Industry. A literature review on the role of management accountants combined with the ERP system applications and framework are investigated and an ERP system implementation framework for the Water Industry is proposed. The proposed framework is evaluated and recommendations are made to those involved with the water industry that are considering upgrading or implementing an ERP system.
- Full Text:
- Date Issued: 2012
- Authors: Mudau, Thanyani Norman
- Date: 2012
- Subjects: Management information systems , Enterprise resource planning , Business planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:10487 , http://hdl.handle.net/10948/d1018921
- Description: Organisations are seeking for an opportunity to reduce costs while they increase service delivery to their customers. In order to remain in business, companies must have proper strategies in place to reduce costs while they still deliver the same standard of service. In order to remain competitive, companies have implemented Information Communication Technology (ICT). The implementation of ICT was done to assist organisations to improve efficiency in their production processes. To achieve these objectives, companies implemented Enterprise Resource Planning (ERP) systems. Some companies that have implemented an ERP system, however, are faced with the challenge of not fully realising the full benefits of implementing the ERP system. The Water Industry is faced with a challenge of ensuring that it manages the water value chain effectively through the use of an ERP system. The industry is also experiencing difficult times in ensuring that the business is run in a sustainable manner to manage the infrastructure assets. This has resulted in the importance of internal reporting within the Water Industry to assist management to monitor performance and take informed decisions. The implementation of an ERP system has affected all the roles in the Water Industry, especially the role of management accountants who are involved with internal reporting. Management accountants are experiencing challenges during and after the implementation of an ERP system, especially with the effective and efficient reporting of information. This study investigated the challenges that management accountants encountered after the implementation of an ERP system in the Water Industry in South Africa. The research consists of a preliminary study to identify challenges that management accountants encounter during and after the implementation of ERP system in the Water Industry. A literature review on the role of management accountants combined with the ERP system applications and framework are investigated and an ERP system implementation framework for the Water Industry is proposed. The proposed framework is evaluated and recommendations are made to those involved with the water industry that are considering upgrading or implementing an ERP system.
- Full Text:
- Date Issued: 2012
The development of best practice guidelines that will assist small businesses planning
- Authors: Kemp, John Morne
- Date: 2009
- Subjects: Small business-- Finance , New business enterprises -- Finance , New business enterprises -- Planning , Business planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8799 , http://hdl.handle.net/10948/d1016153
- Description: The research problem addressed in this study was to provide a planning guideline for Small, Medium and Micro Enterprises (SMME’s) to assist them to plan more effectively and be sustainable in their businesses. A guideline for planning is needed, as planning is one of the most difficult activities a business owner needs to undertake. Yet it is essential to do because, before taking action, you must know where you are going and how to get there. Well-developed plans can assist the business owner to interest banks and/or investors to invest in the business, guide the owner in operating the business, give direction to and motivate employees, and provide an environment to attract customers and prospective employees. To become an effective business owner, one must look ahead. Planning, which is the process of setting objectives and devising actions to achieve those objectives are imperative to be sustainable in business. The findings of the literature survey clearly highlights the reasons why a business owner needs to plan and provide a guideline how to plan. It was found in the empirical study that Standard Bank rate the SMME market as a very valuable part of their business. The SMME market has a benefit to various departments within the bank, not only the SMME business market. The empirical study also found that not every entrepreneur that holds a business plan is successful. Many reasons for this exist. One aspect that was identified, is that the wrong idea was implemented. The empirical study revealed that in all respondents agreed that planning forms an integral part of the entrepreneurs business. The empirical study found that a business plan will assist the entrepreneur to be sustainable in their business, only if a thorough feasibility study was conducted. The respondents agreed that the feasibility study, will either support or contradict the assumptions made in the business plan, this will assist the entrepreneur to decide to either continue or end the business activity. It was found that the entrepreneur, with especially a financial expert should be involved when a business planning is undertaken. Other experts in the various business arenas should also be requested to assist with the setting up of the business plan.
- Full Text:
- Date Issued: 2009
- Authors: Kemp, John Morne
- Date: 2009
- Subjects: Small business-- Finance , New business enterprises -- Finance , New business enterprises -- Planning , Business planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8799 , http://hdl.handle.net/10948/d1016153
- Description: The research problem addressed in this study was to provide a planning guideline for Small, Medium and Micro Enterprises (SMME’s) to assist them to plan more effectively and be sustainable in their businesses. A guideline for planning is needed, as planning is one of the most difficult activities a business owner needs to undertake. Yet it is essential to do because, before taking action, you must know where you are going and how to get there. Well-developed plans can assist the business owner to interest banks and/or investors to invest in the business, guide the owner in operating the business, give direction to and motivate employees, and provide an environment to attract customers and prospective employees. To become an effective business owner, one must look ahead. Planning, which is the process of setting objectives and devising actions to achieve those objectives are imperative to be sustainable in business. The findings of the literature survey clearly highlights the reasons why a business owner needs to plan and provide a guideline how to plan. It was found in the empirical study that Standard Bank rate the SMME market as a very valuable part of their business. The SMME market has a benefit to various departments within the bank, not only the SMME business market. The empirical study also found that not every entrepreneur that holds a business plan is successful. Many reasons for this exist. One aspect that was identified, is that the wrong idea was implemented. The empirical study revealed that in all respondents agreed that planning forms an integral part of the entrepreneurs business. The empirical study found that a business plan will assist the entrepreneur to be sustainable in their business, only if a thorough feasibility study was conducted. The respondents agreed that the feasibility study, will either support or contradict the assumptions made in the business plan, this will assist the entrepreneur to decide to either continue or end the business activity. It was found that the entrepreneur, with especially a financial expert should be involved when a business planning is undertaken. Other experts in the various business arenas should also be requested to assist with the setting up of the business plan.
- Full Text:
- Date Issued: 2009
The development of a business model for a non-profit organisation in Port Elizabeth : a case study
- Authors: Inman, Lydia Alice Annabel
- Date: 2004
- Subjects: Nonprofit organizations -- Planning , Business planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:10868 , http://hdl.handle.net/10948/216 , Nonprofit organizations -- Planning , Business planning
- Description: Non-profit organisations are a niche sector of the service industry, which is increasing worldwide. This entails more competition for funding and a need for such organisations to adopt a management approach that is more akin to business, in order that the organisation will operate as effectively and efficiently as possible. Unlike business whose goal is to be profitable, the aim of non-profit organisations is to render a service to the community. Therefore, incorporating business principles into the management of the organisation is often in conflict with its aims. Furthermore, while the organisation’s donors want sound management, they want funding to be used for the recipients of the service and not for administration and salaries that help to ensure good governance. This study involved one such non-profit organisation that has been compelled to conform to management criteria as prescribed by the South African, Department of Social Development, in order to continue receiving the annual subsidies for salaries and running costs. This has meant various adjustments to the organisation’s operations including increased administration, the completion of an annual business plan and a change in emphasis to the service delivery. Through increased communication, the interviewees achieved greater consensus as to what business features were important for the effective management of the organisation. In addition, the development of a business model for a non-profit organisation was viewed as relevant, as it could assist in showing the stakeholders how the organisation operates. This would be particularly appropriate to its donors from business, who themselves use and understand such models and would see this development as a further move towards managing the organisation according to business principles.
- Full Text:
- Date Issued: 2004
- Authors: Inman, Lydia Alice Annabel
- Date: 2004
- Subjects: Nonprofit organizations -- Planning , Business planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:10868 , http://hdl.handle.net/10948/216 , Nonprofit organizations -- Planning , Business planning
- Description: Non-profit organisations are a niche sector of the service industry, which is increasing worldwide. This entails more competition for funding and a need for such organisations to adopt a management approach that is more akin to business, in order that the organisation will operate as effectively and efficiently as possible. Unlike business whose goal is to be profitable, the aim of non-profit organisations is to render a service to the community. Therefore, incorporating business principles into the management of the organisation is often in conflict with its aims. Furthermore, while the organisation’s donors want sound management, they want funding to be used for the recipients of the service and not for administration and salaries that help to ensure good governance. This study involved one such non-profit organisation that has been compelled to conform to management criteria as prescribed by the South African, Department of Social Development, in order to continue receiving the annual subsidies for salaries and running costs. This has meant various adjustments to the organisation’s operations including increased administration, the completion of an annual business plan and a change in emphasis to the service delivery. Through increased communication, the interviewees achieved greater consensus as to what business features were important for the effective management of the organisation. In addition, the development of a business model for a non-profit organisation was viewed as relevant, as it could assist in showing the stakeholders how the organisation operates. This would be particularly appropriate to its donors from business, who themselves use and understand such models and would see this development as a further move towards managing the organisation according to business principles.
- Full Text:
- Date Issued: 2004
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