Perceptions and attitudes towards leadership styles and staff morale in Eastern Cape Provincial Treasury
- Authors: Tsheqane-Sonn, Nandipa
- Date: 2020-12
- Subjects: Leadership --South Africa --Eastern Cape , Employee morale -- South Africa--Eastern Cape
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/50731 , vital:42398
- Description: The Eastern Cape Provincial Government is comprised of 14 departments, including the Provincial Legislature, and ten (10) public entities. The legislative mandate of Eastern Cape Provincial Treasury (ECPT) is delegated by National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances in accordance with the Constitution, PFMA and Treasury Regulations. The focus of the study is to investigate the perceived leadership style that exists at ECPT. Data was collected by means of a survey questionnaire which consisted of closed questions and distributed to a sample of employees at ECPT who hold positions for senior managers, middle managers and other employees outside these categories, such as administrative assistants. The following leadership styles were examined: Autocratic leadership style, Democratic leadership style, Laissez-faire leadership style and Transformational leadership style. The leadership styles were considered as dependent variables, including Intention to resign, while staff motivation was considered to be the dependent variable. Leadership is described as the social process of persuading people to work towards an institutional goal happily, enthusiastically and persistently. The results of the study revealed autocratic leadership was perceived as the most dominant style that exists at ECPT. Recommendations are made to management to pay attention to the autocratic leadership style as this style has been proven by researchers to have a negative effect on employee motivation. Motivation is described as the force within us that stimulates, directs and sustains our behaviour. The research study further explored the perceptions of employees on motivation. Maslow’s hierarchy of needs theory was explored as part of the motivation theories. Results based on this theory revealed that the Physiological needs of staff at ECPT are not met. These needs include biological needs such as water, food and air. Chapter 2 of the Constitution of South Africa states that everyone has the right to have access to sufficient food and water. In light of the constitutional requirements on human rights and legislative environment that ECPT operates in, it is recommended that management ensures employees have access to clean water and basic sanitation and accommodation, particularly in the working environment. McClelland’s needs ix theory revealed that staff at ECPT have a high need for achievement, moderate need for power and a low need for affiliation as respondents remained neutral on whether their needs for affiliation were met. It is recommended that management adopts initiatives such as team building, meeting teams regularly to communicate departmental strategies and to involve staff in decision-making and policy updates. The study confirms that when employees are motivated, they go the extra mile in fulfilling responsibilities and by ensuring that staff morale is considered and boosted, ECPT stands to benefit from a motivated workforce that will lead the department in excelling on its mandate of ensuring that the lives of the people of Eastern Cape are improved. It further adjudicates that the appropriate style of leadership is needed that will augment staff morale. , Thesis (MBA) -- Faculty of Business and Economic Sciences , Business School, 2020
- Full Text:
- Date Issued: 2020-12
- Authors: Tsheqane-Sonn, Nandipa
- Date: 2020-12
- Subjects: Leadership --South Africa --Eastern Cape , Employee morale -- South Africa--Eastern Cape
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/50731 , vital:42398
- Description: The Eastern Cape Provincial Government is comprised of 14 departments, including the Provincial Legislature, and ten (10) public entities. The legislative mandate of Eastern Cape Provincial Treasury (ECPT) is delegated by National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances in accordance with the Constitution, PFMA and Treasury Regulations. The focus of the study is to investigate the perceived leadership style that exists at ECPT. Data was collected by means of a survey questionnaire which consisted of closed questions and distributed to a sample of employees at ECPT who hold positions for senior managers, middle managers and other employees outside these categories, such as administrative assistants. The following leadership styles were examined: Autocratic leadership style, Democratic leadership style, Laissez-faire leadership style and Transformational leadership style. The leadership styles were considered as dependent variables, including Intention to resign, while staff motivation was considered to be the dependent variable. Leadership is described as the social process of persuading people to work towards an institutional goal happily, enthusiastically and persistently. The results of the study revealed autocratic leadership was perceived as the most dominant style that exists at ECPT. Recommendations are made to management to pay attention to the autocratic leadership style as this style has been proven by researchers to have a negative effect on employee motivation. Motivation is described as the force within us that stimulates, directs and sustains our behaviour. The research study further explored the perceptions of employees on motivation. Maslow’s hierarchy of needs theory was explored as part of the motivation theories. Results based on this theory revealed that the Physiological needs of staff at ECPT are not met. These needs include biological needs such as water, food and air. Chapter 2 of the Constitution of South Africa states that everyone has the right to have access to sufficient food and water. In light of the constitutional requirements on human rights and legislative environment that ECPT operates in, it is recommended that management ensures employees have access to clean water and basic sanitation and accommodation, particularly in the working environment. McClelland’s needs ix theory revealed that staff at ECPT have a high need for achievement, moderate need for power and a low need for affiliation as respondents remained neutral on whether their needs for affiliation were met. It is recommended that management adopts initiatives such as team building, meeting teams regularly to communicate departmental strategies and to involve staff in decision-making and policy updates. The study confirms that when employees are motivated, they go the extra mile in fulfilling responsibilities and by ensuring that staff morale is considered and boosted, ECPT stands to benefit from a motivated workforce that will lead the department in excelling on its mandate of ensuring that the lives of the people of Eastern Cape are improved. It further adjudicates that the appropriate style of leadership is needed that will augment staff morale. , Thesis (MBA) -- Faculty of Business and Economic Sciences , Business School, 2020
- Full Text:
- Date Issued: 2020-12
Rural enterprise development as a means to poverty alleviation
- Authors: Bodley, David Cyril
- Date: 2020-12
- Subjects: Poverty -- South Africa , Rural development projects -- South Africa , Economic assistance, Domestic -- South Africa
- Language: English
- Type: Doctoral theses , text
- Identifier: http://hdl.handle.net/10948/49759 , vital:41797
- Description: South Africa’s disappointing economic performance over the last decade has resulted in a socio-economic crisis, with unemployment and inequality rates being of the highest rates anywhere in the world. Furthermore, unemployment is concentrated among the young, unskilled, and previously disadvantaged population posing a considerable threat to South Africa’s new democracy. Internationally, a method to absorb job seekers into the economy is to make small business the engine-room of economic growth and development. Consequently, the South African Government has identified in its National Development Plan the establishment of small businesses as a priority, including the development of small businesses in rural and marginalised communities. As rural communities in South Africa experience systemic problems such as the lack of infrastructure, financial capital, skills and potential markets, establishing enterprises in rural settings is often more complex than those more advanced parts of the economy elsewhere where fewer constraints exist. This makes the task of establishing and growing rural entities particularly challenging, suggesting bespoke policy and support is required. This study analyses the literature to gain an understanding of economic development theory and how this intersects with and informs small enterprise development policy. It then looks at South Africa’s strategy and policy framework pertaining to enterprise development. Specifically, the literature examines the role of rural enterprise development to establish whether this enables people to move out of poverty or further entraps people in poverty. The study collates data from a rural and marginalised community through observation and interview techniques. Firstly, multiple in-depth interviews were conducted with nineteen entrepreneurs in a rural community to collect data on business opportunities and explore the type of support entrepreneurs would require from government. Secondly, a focus group interview was conducted with entrepreneurs that had ii experienced institutional support to understand how well current policy and programmes support rural enterprise development. The primary data was analysed in conjunction with the literature on economic theory and enterprise development using the technique of triangulation to avoid logic leaps and formation of false assumptions. The insights and findings from the analysis reinforced certain facts within the body of knowledge pertaining to enterprise development, but there were also some interesting new insights that emanate from the data. South Africa has been able to introduce a wide range of policy initiatives and has multiple programmes and strategies to support small enterprise development. It has achieved firm success and impetus as well as experiencing certain failures. The study clearly highlights both and makes recommendations to improve policy promoting rural enterprise development as a means to alleviate poverty. , Thesis (PhD) -- Faculty of Business and Economic Sciences, School of Management Sciences, 2020
- Full Text:
- Date Issued: 2020-12
- Authors: Bodley, David Cyril
- Date: 2020-12
- Subjects: Poverty -- South Africa , Rural development projects -- South Africa , Economic assistance, Domestic -- South Africa
- Language: English
- Type: Doctoral theses , text
- Identifier: http://hdl.handle.net/10948/49759 , vital:41797
- Description: South Africa’s disappointing economic performance over the last decade has resulted in a socio-economic crisis, with unemployment and inequality rates being of the highest rates anywhere in the world. Furthermore, unemployment is concentrated among the young, unskilled, and previously disadvantaged population posing a considerable threat to South Africa’s new democracy. Internationally, a method to absorb job seekers into the economy is to make small business the engine-room of economic growth and development. Consequently, the South African Government has identified in its National Development Plan the establishment of small businesses as a priority, including the development of small businesses in rural and marginalised communities. As rural communities in South Africa experience systemic problems such as the lack of infrastructure, financial capital, skills and potential markets, establishing enterprises in rural settings is often more complex than those more advanced parts of the economy elsewhere where fewer constraints exist. This makes the task of establishing and growing rural entities particularly challenging, suggesting bespoke policy and support is required. This study analyses the literature to gain an understanding of economic development theory and how this intersects with and informs small enterprise development policy. It then looks at South Africa’s strategy and policy framework pertaining to enterprise development. Specifically, the literature examines the role of rural enterprise development to establish whether this enables people to move out of poverty or further entraps people in poverty. The study collates data from a rural and marginalised community through observation and interview techniques. Firstly, multiple in-depth interviews were conducted with nineteen entrepreneurs in a rural community to collect data on business opportunities and explore the type of support entrepreneurs would require from government. Secondly, a focus group interview was conducted with entrepreneurs that had ii experienced institutional support to understand how well current policy and programmes support rural enterprise development. The primary data was analysed in conjunction with the literature on economic theory and enterprise development using the technique of triangulation to avoid logic leaps and formation of false assumptions. The insights and findings from the analysis reinforced certain facts within the body of knowledge pertaining to enterprise development, but there were also some interesting new insights that emanate from the data. South Africa has been able to introduce a wide range of policy initiatives and has multiple programmes and strategies to support small enterprise development. It has achieved firm success and impetus as well as experiencing certain failures. The study clearly highlights both and makes recommendations to improve policy promoting rural enterprise development as a means to alleviate poverty. , Thesis (PhD) -- Faculty of Business and Economic Sciences, School of Management Sciences, 2020
- Full Text:
- Date Issued: 2020-12
The contribution of financial development to economic growth in BRICS countries
- Authors: Ruzive, Tafadzwa Mutsvedu
- Date: 2020-12
- Subjects: Economic development -- BRIC countries , BRIC countries -- Economic conditions
- Language: English
- Type: Doctorate's theses , text
- Identifier: http://hdl.handle.net/10948/57501 , vital:58028
- Description: Finance is a driver of growth, but only up to a certain extent. The debate about the influence of financial development on economic growth has been ongoing for more than a century. Since Schumpeter (1912) wrote about the happenings on Lombard Street, right up to the economists of today, there is growing interest in how financial development affects economic activity and hence economic growth. With economic growth gaining prominence in respect of development discourse, an inquiry into the finance-growth nexus has grown rapidly. The latest advances of the finance-growth nexus show a positive relationship between financial development and economic growth. However, in the face of recent financial crises and recessions, the validity of this conclusion has been put into doubt. In this regard, little research has been done globally pertaining to the limits of finance as a driver of growth globally, and within BRICS economies in particular. This research investigates the limits of the influence of financial development on economic growth in BRICS countries. Utilising indices of financial development in Panel Smooth Transition Regressions (PSTR), thresholds to the influence of finance on economic growth are identified for the stock market, the banking sector and financial inclusion initiatives undertaken in BRICS countries. The study found that economic growth is negatively related to stock market development at both low and high levels of stock market development; banking sector development is positively related to economic growth and total factor productivity at both low and high levels of banking sector development. Financial inclusion is positively related to economic growth at low levels of its development. This relationship becomes negative as financial inclusion initiatives grow larger. In a nutshell, stock market development should be pursued as a secondary economic growth policy, banking sector development should be spearheaded as a primary growth strategy. Financial Inclusion should be pursued as a primary growth driver until it reaches a point where it begins to detract from growth. The thresholds and speeds of transitions between low and high levels of financial development indicators should be considered as financial development targets and sequencing inputs for regional financial policy development in BRICS countries. , Thesis (PhD) -- Faculty of Business and Economic Sciences, 2020
- Full Text:
- Date Issued: 2020-12
- Authors: Ruzive, Tafadzwa Mutsvedu
- Date: 2020-12
- Subjects: Economic development -- BRIC countries , BRIC countries -- Economic conditions
- Language: English
- Type: Doctorate's theses , text
- Identifier: http://hdl.handle.net/10948/57501 , vital:58028
- Description: Finance is a driver of growth, but only up to a certain extent. The debate about the influence of financial development on economic growth has been ongoing for more than a century. Since Schumpeter (1912) wrote about the happenings on Lombard Street, right up to the economists of today, there is growing interest in how financial development affects economic activity and hence economic growth. With economic growth gaining prominence in respect of development discourse, an inquiry into the finance-growth nexus has grown rapidly. The latest advances of the finance-growth nexus show a positive relationship between financial development and economic growth. However, in the face of recent financial crises and recessions, the validity of this conclusion has been put into doubt. In this regard, little research has been done globally pertaining to the limits of finance as a driver of growth globally, and within BRICS economies in particular. This research investigates the limits of the influence of financial development on economic growth in BRICS countries. Utilising indices of financial development in Panel Smooth Transition Regressions (PSTR), thresholds to the influence of finance on economic growth are identified for the stock market, the banking sector and financial inclusion initiatives undertaken in BRICS countries. The study found that economic growth is negatively related to stock market development at both low and high levels of stock market development; banking sector development is positively related to economic growth and total factor productivity at both low and high levels of banking sector development. Financial inclusion is positively related to economic growth at low levels of its development. This relationship becomes negative as financial inclusion initiatives grow larger. In a nutshell, stock market development should be pursued as a secondary economic growth policy, banking sector development should be spearheaded as a primary growth strategy. Financial Inclusion should be pursued as a primary growth driver until it reaches a point where it begins to detract from growth. The thresholds and speeds of transitions between low and high levels of financial development indicators should be considered as financial development targets and sequencing inputs for regional financial policy development in BRICS countries. , Thesis (PhD) -- Faculty of Business and Economic Sciences, 2020
- Full Text:
- Date Issued: 2020-12
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