High road or common neoliberal trajectory? Collective bargaining, wage share, and varieties of capitalism
- Mpuku, Mutale Natasha Muchule
- Authors: Mpuku, Mutale Natasha Muchule
- Date: 2022-10-14
- Subjects: Collective bargaining , Globalization , Labor union members , Wages Statistics , Income distribution , Economic development , Neoliberalism , Capitalism
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/357611 , vital:64760
- Description: Wage shares have been falling since the 1980s across developing and developed countries. There has also been a downward trend with labour market institutions in these countries, with a few exceptions. This thesis analyzes these trends using firstly an extended literature review and secondly an econometrics analysis of a panel of 36 countries over 39 years. The extended literature review identified two broad competing narratives surrounding this topic: the mainstream and the alternative growth narratives. They both focus on two different growth regimes, the former, posits that growth is profit-led and the latter that growth is wage-led. Both are not ‘zero sum’ processes and seem to offer the same end result (growth and development). However, profit-led growth seems to have two problems. First, at least in the medium run, there is a trade-off between growth and income distribution. And secondly, profit-led growth is contradictory at the global level. Wage-led growth, which offers a ‘high road’ approach, seems far more appealing. Furthermore, several authors, including in South Africa, have claimed that regime-switching (to wage-led growth), is possible, and it seems that labour market institutions may play an important role in facilitating such a switch. However, the empirical literature, especially regarding middle- and low-income countries, is sparse and inconclusive. The panel data analysis provided by this thesis was not conclusive in establishing whether the wage-led, high road path is still viable for countries like South Africa. However, it did not find strong evidence of the contrary. The thesis concluded that there is scope for further research in this field and makes certain suggestions in this regard. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2022
- Full Text:
- Date Issued: 2022-10-14
- Authors: Mpuku, Mutale Natasha Muchule
- Date: 2022-10-14
- Subjects: Collective bargaining , Globalization , Labor union members , Wages Statistics , Income distribution , Economic development , Neoliberalism , Capitalism
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/357611 , vital:64760
- Description: Wage shares have been falling since the 1980s across developing and developed countries. There has also been a downward trend with labour market institutions in these countries, with a few exceptions. This thesis analyzes these trends using firstly an extended literature review and secondly an econometrics analysis of a panel of 36 countries over 39 years. The extended literature review identified two broad competing narratives surrounding this topic: the mainstream and the alternative growth narratives. They both focus on two different growth regimes, the former, posits that growth is profit-led and the latter that growth is wage-led. Both are not ‘zero sum’ processes and seem to offer the same end result (growth and development). However, profit-led growth seems to have two problems. First, at least in the medium run, there is a trade-off between growth and income distribution. And secondly, profit-led growth is contradictory at the global level. Wage-led growth, which offers a ‘high road’ approach, seems far more appealing. Furthermore, several authors, including in South Africa, have claimed that regime-switching (to wage-led growth), is possible, and it seems that labour market institutions may play an important role in facilitating such a switch. However, the empirical literature, especially regarding middle- and low-income countries, is sparse and inconclusive. The panel data analysis provided by this thesis was not conclusive in establishing whether the wage-led, high road path is still viable for countries like South Africa. However, it did not find strong evidence of the contrary. The thesis concluded that there is scope for further research in this field and makes certain suggestions in this regard. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2022
- Full Text:
- Date Issued: 2022-10-14
Bond market integration in the Common Monetary Area (CMA)
- Ramoriting, Retšelisitsoe Silvia
- Authors: Ramoriting, Retšelisitsoe Silvia
- Date: 2022-04-06
- Subjects: Globalization , Globalization Economic aspects , Bond market , Rand area , Africa, Southern Economic integration , Autoregressive distributed lag (ARDL) model
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284592 , vital:56077
- Description: The study reviews the phenomenon of financial integration. During the late 1980s and 1990s, financial market integration around the world increased due to globalisation of investments and the need for higher returns and international risk diversification. The increase was accompanied by a significant increase in private capital flows into developing countries from developed countries. The main goal of the study is to examine bond market integration in the common monetary area The study therefore investigates the co-movement of government bond returns within the CMA using data from Eswatini, Namibia, and South Africa. The study attempts to find the short-run and long-run relationship of these government bond returns using the ARDL cointegration technique. The study uses daily data of 10-year government bond yields spanning from August 2014 to September 2019. The empirical results reveal that there exists a short-run and long-run relationship between South Africa and Eswatini. Between South Africa and Namibia, there only exist a short-run relationship. Just like the previously mentioned studies, the short-run relationship is a result of policy convergence. The lack of long-run relationship between South and Namibia was due to poor institutional developments and limited investment opportunities. In this case, policy measures (or reforms) and a review of the union are necessary to increase integration of these bond markets. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2022
- Full Text:
- Date Issued: 2022-04-06
- Authors: Ramoriting, Retšelisitsoe Silvia
- Date: 2022-04-06
- Subjects: Globalization , Globalization Economic aspects , Bond market , Rand area , Africa, Southern Economic integration , Autoregressive distributed lag (ARDL) model
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/284592 , vital:56077
- Description: The study reviews the phenomenon of financial integration. During the late 1980s and 1990s, financial market integration around the world increased due to globalisation of investments and the need for higher returns and international risk diversification. The increase was accompanied by a significant increase in private capital flows into developing countries from developed countries. The main goal of the study is to examine bond market integration in the common monetary area The study therefore investigates the co-movement of government bond returns within the CMA using data from Eswatini, Namibia, and South Africa. The study attempts to find the short-run and long-run relationship of these government bond returns using the ARDL cointegration technique. The study uses daily data of 10-year government bond yields spanning from August 2014 to September 2019. The empirical results reveal that there exists a short-run and long-run relationship between South Africa and Eswatini. Between South Africa and Namibia, there only exist a short-run relationship. Just like the previously mentioned studies, the short-run relationship is a result of policy convergence. The lack of long-run relationship between South and Namibia was due to poor institutional developments and limited investment opportunities. In this case, policy measures (or reforms) and a review of the union are necessary to increase integration of these bond markets. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2022
- Full Text:
- Date Issued: 2022-04-06
Is there an inverse-u relationship between financialisation and investment?: South Africa’s stock market capitalisation in comparative perspective
- Authors: Owen, Michael Robert
- Date: 2021-10
- Subjects: Monetary policy South Africa , Globalization , Economics South Africa , Capital movements South Africa , Stock exchanges South Africa , Investments South Africa , Economic development South Africa , South Africa Economic conditions 1991-
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10962/191084 , vital:45058
- Description: In recent decades, the growth and fluctuations in the financial sector have become increasingly disjointed from events in the real economy. There has been a dramatic increase in global market integration and globalisation since the 2008 financial crisis. The argument presented in the thesis shows perspective from the two general debates in Economics. The Orthodox view, which suggests there is an efficient flow of resources between people and institutions over time, supports the argument that there is a positive relationship between financialisation and economic growth. Alternatively, the Heterodox view argues that financial liberalisation fails to anticipate market effects and requires intervention in order to limit negative consequences. More recent studies have proposed an inverse-U theory between financialisation and investment, which suggests that there is a threshold, above which further financial development and financial globalisation has detrimental effects on the real economy. With South Africa being a developing country that is highly reliant on capital inflows to finance the economy, there is space for more acute research to investigate whether South Africa has surpassed this threshold. This study focusses on one aspect of this relationship, namely the relationship between Stock Market Capitalisation and Investment. It uses panel data analysis and other methods to explore whether such an inverse-U relationship exists internationally, and whether South Africa is suffering from the effects of financialisation. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2021
- Full Text:
- Date Issued: 2021-10
- Authors: Owen, Michael Robert
- Date: 2021-10
- Subjects: Monetary policy South Africa , Globalization , Economics South Africa , Capital movements South Africa , Stock exchanges South Africa , Investments South Africa , Economic development South Africa , South Africa Economic conditions 1991-
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10962/191084 , vital:45058
- Description: In recent decades, the growth and fluctuations in the financial sector have become increasingly disjointed from events in the real economy. There has been a dramatic increase in global market integration and globalisation since the 2008 financial crisis. The argument presented in the thesis shows perspective from the two general debates in Economics. The Orthodox view, which suggests there is an efficient flow of resources between people and institutions over time, supports the argument that there is a positive relationship between financialisation and economic growth. Alternatively, the Heterodox view argues that financial liberalisation fails to anticipate market effects and requires intervention in order to limit negative consequences. More recent studies have proposed an inverse-U theory between financialisation and investment, which suggests that there is a threshold, above which further financial development and financial globalisation has detrimental effects on the real economy. With South Africa being a developing country that is highly reliant on capital inflows to finance the economy, there is space for more acute research to investigate whether South Africa has surpassed this threshold. This study focusses on one aspect of this relationship, namely the relationship between Stock Market Capitalisation and Investment. It uses panel data analysis and other methods to explore whether such an inverse-U relationship exists internationally, and whether South Africa is suffering from the effects of financialisation. , Thesis (MCom) -- Faculty of Commerce, Economics and Economic History, 2021
- Full Text:
- Date Issued: 2021-10
E-commerce: the challenge of virtual permanent establishments
- Adlkofer, Michelle Leigh, Venter, Michelle
- Authors: Adlkofer, Michelle Leigh , Venter, Michelle
- Date: 2015
- Subjects: Organisation for Economic Co-operation and Development , Electronic commerce , Electronic commerce -- Taxation , Double taxation -- Treaties , Globalization
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:921 , http://hdl.handle.net/10962/d1020057
- Description: The continued growth of world commerce has led to the advance of the permanent establishment principles. These principles are, however, constantly challenged by the developments of e-commerce. This thesis considers the taxing of a permanent establishment and the influence of e-commerce on the concept of a permanent establishment. In 2000, the Organisation for Economic Co-operation and Development (“OECD”) developed and introduced guidelines on how to deal with e-commerce in the context of a permanent establishment. Since the OECD guidelines on e-commerce were issued, the permanent establishment principles have come under further scrutiny. The latest development came about in 2013 with the release of the Base Erosion and Profit Shifting (“BEPS”) Action Plan. This Action Plan addresses the intention of the OECD to deal with the taxing of the digital economy. With the development of e-commerce and the result of e-commerce creating intangible boundaries between countries, the concept of a virtual permanent establishment has emerged. This has resulted in the need to tax a presence of an enterprise in a jurisdiction where no actual physical connection can be established. Various authors have made suggestions on how to ensure that an economy in which business is being carried on is correctly compensated for in the form of taxes. The source of income is the driving force for the imposition of taxation today. The main goal of this thesis was to explore the alignment of the concepts of a permanent establishment and e-commerce in the digital economy. This study therefore examined the concepts of both permanent establishments and e-commerce, and explored authors’ views and suggestions on how to deal with the inter-related effects of these two concepts. The relevant Action Points in the OECD Action Plan were also considered. , Maiden name: Venter, Michelle
- Full Text:
- Date Issued: 2015
- Authors: Adlkofer, Michelle Leigh , Venter, Michelle
- Date: 2015
- Subjects: Organisation for Economic Co-operation and Development , Electronic commerce , Electronic commerce -- Taxation , Double taxation -- Treaties , Globalization
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:921 , http://hdl.handle.net/10962/d1020057
- Description: The continued growth of world commerce has led to the advance of the permanent establishment principles. These principles are, however, constantly challenged by the developments of e-commerce. This thesis considers the taxing of a permanent establishment and the influence of e-commerce on the concept of a permanent establishment. In 2000, the Organisation for Economic Co-operation and Development (“OECD”) developed and introduced guidelines on how to deal with e-commerce in the context of a permanent establishment. Since the OECD guidelines on e-commerce were issued, the permanent establishment principles have come under further scrutiny. The latest development came about in 2013 with the release of the Base Erosion and Profit Shifting (“BEPS”) Action Plan. This Action Plan addresses the intention of the OECD to deal with the taxing of the digital economy. With the development of e-commerce and the result of e-commerce creating intangible boundaries between countries, the concept of a virtual permanent establishment has emerged. This has resulted in the need to tax a presence of an enterprise in a jurisdiction where no actual physical connection can be established. Various authors have made suggestions on how to ensure that an economy in which business is being carried on is correctly compensated for in the form of taxes. The source of income is the driving force for the imposition of taxation today. The main goal of this thesis was to explore the alignment of the concepts of a permanent establishment and e-commerce in the digital economy. This study therefore examined the concepts of both permanent establishments and e-commerce, and explored authors’ views and suggestions on how to deal with the inter-related effects of these two concepts. The relevant Action Points in the OECD Action Plan were also considered. , Maiden name: Venter, Michelle
- Full Text:
- Date Issued: 2015
Strategy for a sustained competitive advantage: a case of a tank container manufacturer
- Authors: Mahlangabeza, Luyolo
- Date: 2013
- Subjects: Tank industry , Economic development -- Developing countries , Financial risk , Globalization
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8778 , http://hdl.handle.net/10948/d1012959
- Description: The world has become one small global village. This is a result of globalisation, the advancement in technology and many other contributing factors. Economic incidents and outlook in Europe, Asia and America have a direct and immediate impact on the developing countries and Africa in particular. Positive economic growth in Africa’s major trading partners has direct positive implications on Africa’s economy. Negative economic growth in Africa’s major trading partners has undesirable consequences on Africa’s economy. As a developing country with a diversified economy which mainly relies on exports and imports, South Africa’s economy is at the forefront of this economic risk. Globalisation has effectively resulted in the Republic of South African’s (RSA) export driven tank container industry being at direct economic and financial risk from global financial melt downs, volatile exchange rates, fluctuating steel prices, souring labour costs, and more importantly competitiveness risk. In the history of the industrial era, never has it been more important to have and maintain a competitive advantage. This is achieved through, inter alia, the development and successful implementation of a competitive strategy. A competitive advantage assists an organisation to financially survive, expand its operations, grow market share and achieve set corporate objectives and goals. A successful organisation has a massive social impact and economic contribution in a country. It is therefore no surprise that the field of competitive strategy has received vast academic interest. Amidst the ever changing world and markets, a competitive strategy needs to be fine-tuned, revised and reinvented. What has worked in the past will not ensure tomorrow success. The purpose of this research treatise is to investigate the factors that led to a sustained competitive advantage for a tank container manufacturer. This was achieved by applying various scientific methodologies. A case study approach was used as the most appropriate research methodology for this study. This approach entailed the use of a phenomenological paradigm. An extensive literature review on competitiveness and of strategy formulation and implementation was conducted, which has led to the development of research propositions. The study entailed a case study of a single tank container manufacturer in the RSA. The study contributes positively to the academic field of competitiveness and to the existing academic body of knowledge. It also makes a positive contribution to tank container manufacturing academic literature on competitiveness and organisational strategy formulation and strategy implementation.
- Full Text:
- Date Issued: 2013
- Authors: Mahlangabeza, Luyolo
- Date: 2013
- Subjects: Tank industry , Economic development -- Developing countries , Financial risk , Globalization
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8778 , http://hdl.handle.net/10948/d1012959
- Description: The world has become one small global village. This is a result of globalisation, the advancement in technology and many other contributing factors. Economic incidents and outlook in Europe, Asia and America have a direct and immediate impact on the developing countries and Africa in particular. Positive economic growth in Africa’s major trading partners has direct positive implications on Africa’s economy. Negative economic growth in Africa’s major trading partners has undesirable consequences on Africa’s economy. As a developing country with a diversified economy which mainly relies on exports and imports, South Africa’s economy is at the forefront of this economic risk. Globalisation has effectively resulted in the Republic of South African’s (RSA) export driven tank container industry being at direct economic and financial risk from global financial melt downs, volatile exchange rates, fluctuating steel prices, souring labour costs, and more importantly competitiveness risk. In the history of the industrial era, never has it been more important to have and maintain a competitive advantage. This is achieved through, inter alia, the development and successful implementation of a competitive strategy. A competitive advantage assists an organisation to financially survive, expand its operations, grow market share and achieve set corporate objectives and goals. A successful organisation has a massive social impact and economic contribution in a country. It is therefore no surprise that the field of competitive strategy has received vast academic interest. Amidst the ever changing world and markets, a competitive strategy needs to be fine-tuned, revised and reinvented. What has worked in the past will not ensure tomorrow success. The purpose of this research treatise is to investigate the factors that led to a sustained competitive advantage for a tank container manufacturer. This was achieved by applying various scientific methodologies. A case study approach was used as the most appropriate research methodology for this study. This approach entailed the use of a phenomenological paradigm. An extensive literature review on competitiveness and of strategy formulation and implementation was conducted, which has led to the development of research propositions. The study entailed a case study of a single tank container manufacturer in the RSA. The study contributes positively to the academic field of competitiveness and to the existing academic body of knowledge. It also makes a positive contribution to tank container manufacturing academic literature on competitiveness and organisational strategy formulation and strategy implementation.
- Full Text:
- Date Issued: 2013
The evaluation of cultural diversity in the institutionalization of the African Union
- Authors: Nhlapo, Lebohang Lorraine Z
- Date: 2012
- Subjects: African Union , Multiculturalism , African cooperation , Globalization
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: vital:8337 , http://hdl.handle.net/10948/d1020624
- Description: This research was conducted to assess cultural diversity in the institutionalisation of the African Union (AU). Most researchers have found interest on the subject of cultural diversity that edifice the African Union because “Africa does not have a single culture not in religions, not in economic systems, and especially not in languages, the number of different languages spoken on the continent, numerous dialects not included, range as high as 2,000 or more languages. While some languages, such as Swahili, are spoken by millions, other languages may be spoken by only a handful” (Robert & Feldman, 2008: 267) The AU member states heads are quiet aware of the forces of cultural diversity in the Union, hence several workshops were carried out between member states heads to put together the cultural policy for the Union. There are also numerous policies on African cultural diversity that were approved previously by different organisations that intended to unify Africa before the African Union was formed. Those policies are aligned within the AU cultural policy - The Charter for African Renaissance that will be reviewed in length in Chapter 3 in the literature review. What comes as a mystery is that, even though the Charter for African Renaissance has unified and adopted various policies ethnic and religion segregations within states and between states is still visible in most African countries (ethnicity, language and religion will also be evaluated and a sample of various cultures found in African countries will also be discussed in Chapter 3 under literature review). The Charter for African Renaissance contains guiding principle and objectives of the AU pertaining cultural diversity and these objectives needs to be met. However the biggest well known challenge about policies is that in most cases they remain on paper and shelved, they never make that much difference to the society that they intend to change. As Cloete and Wissink (2000) will put it that “policies only exist because they need to bring about change, however, it is also possible to change policies on paper, whilst effecting no real social change" (2000: 239). African cultural diversity policies are as well littered with failed institutions and initiatives that have not been followed through to completion, or of promises that have been broken. The driving force for this research is that Africans has seen many false starts in the last few decades and they are desperate for change, they need to see democracy, development and institutional building in the African countries. African Union on the other hand has existed for a decade but it has not yet achieved its objectives. How do we know that this is not just another focus for a misplaced enthusiasm? Will the current initiatives of the AU fall by the wayside? Will the world continue to mock Africa as the land of broken promises, of criminalized and failed states that inevitably subvert the best intentions of their peoples and their development partners? Unfortunately these questions has influenced this investigation but cannot be answered by this paper. However this paper intends to find out if cultural diversity has an impact in the missed opportunities and broken promises of Africa and this will be examined in the structures of the African Union.
- Full Text:
- Date Issued: 2012
- Authors: Nhlapo, Lebohang Lorraine Z
- Date: 2012
- Subjects: African Union , Multiculturalism , African cooperation , Globalization
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: vital:8337 , http://hdl.handle.net/10948/d1020624
- Description: This research was conducted to assess cultural diversity in the institutionalisation of the African Union (AU). Most researchers have found interest on the subject of cultural diversity that edifice the African Union because “Africa does not have a single culture not in religions, not in economic systems, and especially not in languages, the number of different languages spoken on the continent, numerous dialects not included, range as high as 2,000 or more languages. While some languages, such as Swahili, are spoken by millions, other languages may be spoken by only a handful” (Robert & Feldman, 2008: 267) The AU member states heads are quiet aware of the forces of cultural diversity in the Union, hence several workshops were carried out between member states heads to put together the cultural policy for the Union. There are also numerous policies on African cultural diversity that were approved previously by different organisations that intended to unify Africa before the African Union was formed. Those policies are aligned within the AU cultural policy - The Charter for African Renaissance that will be reviewed in length in Chapter 3 in the literature review. What comes as a mystery is that, even though the Charter for African Renaissance has unified and adopted various policies ethnic and religion segregations within states and between states is still visible in most African countries (ethnicity, language and religion will also be evaluated and a sample of various cultures found in African countries will also be discussed in Chapter 3 under literature review). The Charter for African Renaissance contains guiding principle and objectives of the AU pertaining cultural diversity and these objectives needs to be met. However the biggest well known challenge about policies is that in most cases they remain on paper and shelved, they never make that much difference to the society that they intend to change. As Cloete and Wissink (2000) will put it that “policies only exist because they need to bring about change, however, it is also possible to change policies on paper, whilst effecting no real social change" (2000: 239). African cultural diversity policies are as well littered with failed institutions and initiatives that have not been followed through to completion, or of promises that have been broken. The driving force for this research is that Africans has seen many false starts in the last few decades and they are desperate for change, they need to see democracy, development and institutional building in the African countries. African Union on the other hand has existed for a decade but it has not yet achieved its objectives. How do we know that this is not just another focus for a misplaced enthusiasm? Will the current initiatives of the AU fall by the wayside? Will the world continue to mock Africa as the land of broken promises, of criminalized and failed states that inevitably subvert the best intentions of their peoples and their development partners? Unfortunately these questions has influenced this investigation but cannot be answered by this paper. However this paper intends to find out if cultural diversity has an impact in the missed opportunities and broken promises of Africa and this will be examined in the structures of the African Union.
- Full Text:
- Date Issued: 2012
Tailoring a lean product development framework for the South African automotive industry
- Authors: Mund, Klaudia
- Date: 2011
- Subjects: Lean manufacturing , Automobile industry and trade -- South Africa , Production management -- South Africa , Globalization
- Language: English
- Type: Thesis , Doctoral , DTech
- Identifier: vital:8792 , http://hdl.handle.net/10948/d1015737
- Description: Globalization in the automotive industry exerts enormous pressure on automotive manufacturers and forces many global companies to expand into emerging markets, which results in adopting new ways to manage product design and development. Excellence in product design and development offers an opportunity to gain competitive advantage and can be achieved by implementing Toyota´s Lean Product Development System (LPDS). Although in the last three years Toyota has been severely challenged by the global economic crisis, by a series of recalls resulting in reputation damage and also by natural disasters such as the recent tsunamis - the world can still learn from Toyota´s successes embodied in the lean concept and practices, which are integral to Toyota´s ‘way of life’. The LPDS model (Morgan & Liker 2006) has captured the attention of academics worldwide (including this researcher) thanks to the following key characteristics: shorter development times, less engineering hours involved in development, lower manufacturing costs, higher customer satisfaction and fewer defects reported. In the academic world, lean product development (LPD) is a new field of exploration and thus relevant literature and numbers of studies available are limited. However, scientists are asking questions about successful adaptation and adoption of this model to other environments beyond Toyota. Similarly, the researcher aimed in this thesis to find answers to its main research question, namely: ‘What would be a suitable LPD model for the South African automotive industry?’ South Africa (SA) is a country with a strong manufacturing tradition and although the automotive sector is the third-largest segment in the South African economy and its vehicle market is the largest on the African continent in a global perspective SA´s contribution is relatively small as it produces only 0.61percent of the global motor vehicle volume (OICA 2011). While the country strives to secure sustainable development for the automotive industry and seeks to improve its global competitiveness, companies operating in SA are currently faced with several unique challenges and problems. Lean has been expanding slowly in SA and some companies in the local automotive industry have implemented the lean concept into production areas to improve their operational excellence and performance. However, it is a search for excellence in product development (PD) that could best contribute to improved sustainability for the automotive industry and also provide an important strategic spur towards global competitiveness. The primary intention of this research was to develop an integrated LPD framework tailored for SA´s automotive industry. Considering this, it was necessary to determine current PD capabilities at domestic and international companies operating in SA´s automotive industry so as to examine levels of adaptation of LPD practices. A questionnaire survey and personal interviews involving all seven locally operating Original Equipment Manufacturers (OEMs), including Toyota, as well as 36 local automotive suppliers provided an empirical base for this investigation. This study indicates that SA plays an important supportive role in the global PD context. In spite of a strong manufacturing focus and very limited PD capabilities, SA´s automotive companies have already achieved a high level of ‘leanness’ in product engineering processes. However, on the downside, it appears that industry leaders and senior managers are sceptical about current and future capabilities and opportunities for SA in the designing and developing of global products.
- Full Text:
- Date Issued: 2011
- Authors: Mund, Klaudia
- Date: 2011
- Subjects: Lean manufacturing , Automobile industry and trade -- South Africa , Production management -- South Africa , Globalization
- Language: English
- Type: Thesis , Doctoral , DTech
- Identifier: vital:8792 , http://hdl.handle.net/10948/d1015737
- Description: Globalization in the automotive industry exerts enormous pressure on automotive manufacturers and forces many global companies to expand into emerging markets, which results in adopting new ways to manage product design and development. Excellence in product design and development offers an opportunity to gain competitive advantage and can be achieved by implementing Toyota´s Lean Product Development System (LPDS). Although in the last three years Toyota has been severely challenged by the global economic crisis, by a series of recalls resulting in reputation damage and also by natural disasters such as the recent tsunamis - the world can still learn from Toyota´s successes embodied in the lean concept and practices, which are integral to Toyota´s ‘way of life’. The LPDS model (Morgan & Liker 2006) has captured the attention of academics worldwide (including this researcher) thanks to the following key characteristics: shorter development times, less engineering hours involved in development, lower manufacturing costs, higher customer satisfaction and fewer defects reported. In the academic world, lean product development (LPD) is a new field of exploration and thus relevant literature and numbers of studies available are limited. However, scientists are asking questions about successful adaptation and adoption of this model to other environments beyond Toyota. Similarly, the researcher aimed in this thesis to find answers to its main research question, namely: ‘What would be a suitable LPD model for the South African automotive industry?’ South Africa (SA) is a country with a strong manufacturing tradition and although the automotive sector is the third-largest segment in the South African economy and its vehicle market is the largest on the African continent in a global perspective SA´s contribution is relatively small as it produces only 0.61percent of the global motor vehicle volume (OICA 2011). While the country strives to secure sustainable development for the automotive industry and seeks to improve its global competitiveness, companies operating in SA are currently faced with several unique challenges and problems. Lean has been expanding slowly in SA and some companies in the local automotive industry have implemented the lean concept into production areas to improve their operational excellence and performance. However, it is a search for excellence in product development (PD) that could best contribute to improved sustainability for the automotive industry and also provide an important strategic spur towards global competitiveness. The primary intention of this research was to develop an integrated LPD framework tailored for SA´s automotive industry. Considering this, it was necessary to determine current PD capabilities at domestic and international companies operating in SA´s automotive industry so as to examine levels of adaptation of LPD practices. A questionnaire survey and personal interviews involving all seven locally operating Original Equipment Manufacturers (OEMs), including Toyota, as well as 36 local automotive suppliers provided an empirical base for this investigation. This study indicates that SA plays an important supportive role in the global PD context. In spite of a strong manufacturing focus and very limited PD capabilities, SA´s automotive companies have already achieved a high level of ‘leanness’ in product engineering processes. However, on the downside, it appears that industry leaders and senior managers are sceptical about current and future capabilities and opportunities for SA in the designing and developing of global products.
- Full Text:
- Date Issued: 2011
Tailoring a lean product development framework for the South African automotive industry
- Authors: Mund, Klaudia
- Date: 2011
- Subjects: Lean manufacturing , Automobile industry and trade -- South Africa , Production management -- South Africa , Globalization
- Language: English
- Type: Thesis , Doctoral , DTech (Operations Management)
- Identifier: vital:9605 , http://hdl.handle.net/10948/1660 , Lean manufacturing , Automobile industry and trade -- South Africa , Production management -- South Africa , Globalization
- Description: Globalization in the automotive industry exerts enormous pressure on automotive manufacturers and forces many global companies to expand into emerging markets, which results in adopting new ways to manage product design and development. Excellence in product design and development offers an opportunity to gain competitive advantage and can be achieved by implementing Toyota´s Lean Product Development System (LPDS). Although in the last three years Toyota has been severely challenged by the global economic crisis, by a series of recalls resulting in reputation damage and also by natural disasters such as the recent tsunamis - the world can still learn from Toyota´s successes embodied in the lean concept and practices, which are integral to Toyota´s ‘way of life’. The LPDS model (Morgan & Liker 2006) has captured the attention of academics worldwide (including this researcher) thanks to the following key characteristics: shorter development times, less engineering hours involved in development, lower manufacturing costs, higher customer satisfaction and fewer defects reported. In the academic world, lean product development (LPD) is a new field of exploration and thus relevant literature and numbers of studies available are limited. However, scientists are asking questions about successful adaptation and adoption of this model to other environments beyond Toyota. Similarly, the researcher aimed in this thesis to find answers to its main research question, namely: ‘What would be a suitable LPD model for the South African automotive industry?’ South Africa (SA) is a country with a strong manufacturing tradition and although the automotive sector is the third-largest segment in the South African economy and its vehicle market is the largest on the African continent in a global perspective SA´s contribution is relatively small as it produces only 0.61% of the global motor vehicle volume (OICA 2011). While the country strives to secure sustainable development for the automotive industry and seeks to improve its global competitiveness, companies operating in SA are currently faced with several unique challenges and problems. Lean has been expanding slowly in SA and some companies in the local automotive industry have implemented the lean concept into production areas to improve their operational excellence and performance. However, it is a search for excellence in product development (PD) that could best contribute to improved sustainability for the iv automotive industry and also provide an important strategic spur towards global competitiveness. The primary intention of this research was to develop an integrated LPD framework tailored for SA´s automotive industry. Considering this, it was necessary to determine current PD capabilities at domestic and international companies operating in SA´s automotive industry so as to examine levels of adaptation of LPD practices. A questionnaire survey and personal interviews involving all seven locally operating Original Equipment Manufacturers (OEMs), including Toyota, as well as 36 local automotive suppliers provided an empirical base for this investigation. This study indicates that SA plays an important supportive role in the global PD context. In spite of a strong manufacturing focus and very limited PD capabilities, SA´s automotive companies have already achieved a high level of ‘leanness’ in product engineering processes. However, on the downside, it appears that industry leaders and senior managers are sceptical about current and future capabilities and opportunities for SA in the designing and developing of global products.
- Full Text:
- Date Issued: 2011
- Authors: Mund, Klaudia
- Date: 2011
- Subjects: Lean manufacturing , Automobile industry and trade -- South Africa , Production management -- South Africa , Globalization
- Language: English
- Type: Thesis , Doctoral , DTech (Operations Management)
- Identifier: vital:9605 , http://hdl.handle.net/10948/1660 , Lean manufacturing , Automobile industry and trade -- South Africa , Production management -- South Africa , Globalization
- Description: Globalization in the automotive industry exerts enormous pressure on automotive manufacturers and forces many global companies to expand into emerging markets, which results in adopting new ways to manage product design and development. Excellence in product design and development offers an opportunity to gain competitive advantage and can be achieved by implementing Toyota´s Lean Product Development System (LPDS). Although in the last three years Toyota has been severely challenged by the global economic crisis, by a series of recalls resulting in reputation damage and also by natural disasters such as the recent tsunamis - the world can still learn from Toyota´s successes embodied in the lean concept and practices, which are integral to Toyota´s ‘way of life’. The LPDS model (Morgan & Liker 2006) has captured the attention of academics worldwide (including this researcher) thanks to the following key characteristics: shorter development times, less engineering hours involved in development, lower manufacturing costs, higher customer satisfaction and fewer defects reported. In the academic world, lean product development (LPD) is a new field of exploration and thus relevant literature and numbers of studies available are limited. However, scientists are asking questions about successful adaptation and adoption of this model to other environments beyond Toyota. Similarly, the researcher aimed in this thesis to find answers to its main research question, namely: ‘What would be a suitable LPD model for the South African automotive industry?’ South Africa (SA) is a country with a strong manufacturing tradition and although the automotive sector is the third-largest segment in the South African economy and its vehicle market is the largest on the African continent in a global perspective SA´s contribution is relatively small as it produces only 0.61% of the global motor vehicle volume (OICA 2011). While the country strives to secure sustainable development for the automotive industry and seeks to improve its global competitiveness, companies operating in SA are currently faced with several unique challenges and problems. Lean has been expanding slowly in SA and some companies in the local automotive industry have implemented the lean concept into production areas to improve their operational excellence and performance. However, it is a search for excellence in product development (PD) that could best contribute to improved sustainability for the iv automotive industry and also provide an important strategic spur towards global competitiveness. The primary intention of this research was to develop an integrated LPD framework tailored for SA´s automotive industry. Considering this, it was necessary to determine current PD capabilities at domestic and international companies operating in SA´s automotive industry so as to examine levels of adaptation of LPD practices. A questionnaire survey and personal interviews involving all seven locally operating Original Equipment Manufacturers (OEMs), including Toyota, as well as 36 local automotive suppliers provided an empirical base for this investigation. This study indicates that SA plays an important supportive role in the global PD context. In spite of a strong manufacturing focus and very limited PD capabilities, SA´s automotive companies have already achieved a high level of ‘leanness’ in product engineering processes. However, on the downside, it appears that industry leaders and senior managers are sceptical about current and future capabilities and opportunities for SA in the designing and developing of global products.
- Full Text:
- Date Issued: 2011
Strategy formulation, alignment and implementation to ensure that Behr is competitive internationally : a case study
- Authors: Samuels, Donald
- Date: 2006
- Subjects: Automobile industry and trade -- South Africa , Competition, International , Globalization , Strategic planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8761 , http://hdl.handle.net/10948/600 , http://hdl.handle.net/10948/d1011685 , Automobile industry and trade -- South Africa , Competition, International , Globalization , Strategic planning
- Description: South Africa’s transition to democracy in 1994 has heralded a re-entry into the global economy. This has meant that for the first time in more than 40 years of isolation because of “apartheid” policies, South African companies are facing global competition. The South African automotive industry has undergone major changes over the past few years. All the assemblers are now either wholly or partially owned by overseas parent companies. Under globalisation, foreign ownership of locally owned suppliers has also been escalating. The Behr strategy and values were examined to determine whether they are consistent with companies operating in the international environment. The literature study was conducted by using textbooks, periodicals and the internet. The empirical study was conducted by means of a questionnaire addressed to the Behr executives. The results of this empirical study were then directly correlated to the theoretical aspects. Distinctive competences, market growth and product development strategies were identified and comparisons made with theory.
- Full Text:
- Date Issued: 2006
- Authors: Samuels, Donald
- Date: 2006
- Subjects: Automobile industry and trade -- South Africa , Competition, International , Globalization , Strategic planning
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:8761 , http://hdl.handle.net/10948/600 , http://hdl.handle.net/10948/d1011685 , Automobile industry and trade -- South Africa , Competition, International , Globalization , Strategic planning
- Description: South Africa’s transition to democracy in 1994 has heralded a re-entry into the global economy. This has meant that for the first time in more than 40 years of isolation because of “apartheid” policies, South African companies are facing global competition. The South African automotive industry has undergone major changes over the past few years. All the assemblers are now either wholly or partially owned by overseas parent companies. Under globalisation, foreign ownership of locally owned suppliers has also been escalating. The Behr strategy and values were examined to determine whether they are consistent with companies operating in the international environment. The literature study was conducted by using textbooks, periodicals and the internet. The empirical study was conducted by means of a questionnaire addressed to the Behr executives. The results of this empirical study were then directly correlated to the theoretical aspects. Distinctive competences, market growth and product development strategies were identified and comparisons made with theory.
- Full Text:
- Date Issued: 2006
Globalisation as a business strategy for South African architectural practices
- Authors: Vosloo, Christo
- Date: 2004
- Subjects: Globalization , Architectural firms -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:9271 , http://hdl.handle.net/10948/234 , Globalization , Architectural firms -- South Africa
- Description: Globalisation has become a common topic of discussion and research. This treatise focuses on its role as part of the business of Architectural practice. It investigates the reasons why selected South African Architectural practices decided to globalise, how this decision was reached, implemented and how successful the decisions were. Based on the findings of a literature study it uses the case study methodology to confirm the findings that the strategic position of South African Architectural practices is one where practical and historical reasons exist for the profession to embark on a globalisation strategy. The studies confirm that a globalisation strategy presents a suitable, feasible and acceptable strategy for South African Architectural practices. However, a disconcerting element of the findings was the fact that there are strong indications that South African Architectural practices do not realise the potential benefits inherent in regular strategic planning. Thus it recommends that such a strategy should be based on specialist knowledge or experience, that opening an office in the area to which firms wish to expand will greatly enhance the chances of success, that formal strategic planning processes should be used to ensure that such a strategy is an appropriate one and to identify the countries to which the firm plans to expand its services. Furthermore, it recommends that Government should recognise that firms expanding in this manner hold specific advantages for the national economy and introduce steps to support the profession so that it may build the capacity and skills required therefore. In addition it recommends that the relevant professional bodies should ensure that their members have the business and managerial skills required to ensure the achievement of these objectives.
- Full Text:
- Date Issued: 2004
- Authors: Vosloo, Christo
- Date: 2004
- Subjects: Globalization , Architectural firms -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:9271 , http://hdl.handle.net/10948/234 , Globalization , Architectural firms -- South Africa
- Description: Globalisation has become a common topic of discussion and research. This treatise focuses on its role as part of the business of Architectural practice. It investigates the reasons why selected South African Architectural practices decided to globalise, how this decision was reached, implemented and how successful the decisions were. Based on the findings of a literature study it uses the case study methodology to confirm the findings that the strategic position of South African Architectural practices is one where practical and historical reasons exist for the profession to embark on a globalisation strategy. The studies confirm that a globalisation strategy presents a suitable, feasible and acceptable strategy for South African Architectural practices. However, a disconcerting element of the findings was the fact that there are strong indications that South African Architectural practices do not realise the potential benefits inherent in regular strategic planning. Thus it recommends that such a strategy should be based on specialist knowledge or experience, that opening an office in the area to which firms wish to expand will greatly enhance the chances of success, that formal strategic planning processes should be used to ensure that such a strategy is an appropriate one and to identify the countries to which the firm plans to expand its services. Furthermore, it recommends that Government should recognise that firms expanding in this manner hold specific advantages for the national economy and introduce steps to support the profession so that it may build the capacity and skills required therefore. In addition it recommends that the relevant professional bodies should ensure that their members have the business and managerial skills required to ensure the achievement of these objectives.
- Full Text:
- Date Issued: 2004
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