- Title
- The influence of board member competency on the organisational performance of private sector companies in Eastern Cape, South Africa
- Creator
- Dumalisile, Tutula
- Subject
- Directors of corporations -- South Africa
- Subject
- Performance
- Subject
- Competency-based education
- Date Issued
- 2024-12
- Date
- 2024-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/70275
- Identifier
- vital:78335
- Description
- This study investigates the significant influence that board member competency has on the organisational success of South African companies. Employing a quantitative analysis, the study concentrates on key areas of board competence, such as finance, policy interpretation, human resource management, and educational backgrounds. The results show that board members with expertise improve the effectiveness of governance, the calibre of financial reporting, and the choice of strategic investments. Furthermore, there is a correlation between enhanced decision-making procedures to better organisational results and the board members' proficiency in personnel management. The study also emphasises the critical role that board members have in interpreting policies, stressing their impact on the strategic direction and operational efficacy of businesses. Diverse perspectives and critical thinking are fostered by a board membership with a range of educational backgrounds, which has a favourable effect on return on investment and corporate governance. Overall, this study highlights how crucial a diverse board of directors is to advance organisational success and accomplish strategic goals in the ever-changing environment of South African private sector businesses.
- Description
- Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2024
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (121 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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