http://hdl.handle.net/10500/31 2013-05-19T00:05:57Z http://hdl.handle.net/10500/6380 An investigation into the effectiveness of low and medium scale municipalities in KwaZulu-Natal Mahabir, Ameer The purpose of this study is to investigate the impact of financial management, governance and service delivery levels on the effectiveness of municipalities in KwaZulu-Natal (KZN) for the financial Year, July 2008 to June 2009. The study is descriptive in nature, using a quantitative technique of surveys via questionnaires to collect data from chief financial officers (CFOs) from low and medium capacity municipalities in KZN. Regarding the level of financial management, corporate governance and service delivery and the impact on effectiveness of municipalities, the results indicate there are areas of low and high levels of financial management, corporate governance and service delivery in the municipalities. There are some areas in which the municipalities are effective and other areas that need attention. This implies that there is not a 100% state of efficiency with respect to policies and procedures. The difficulty in carrying out research of this scope to investigate the impact of financial management, governance and service delivery levels on the effectiveness of municipalities is that it cannot be measured with absolute certainty. In addition, municipalities may be influenced by political powers and this is also difficult, perhaps impossible, to measure. The study is an important contribution to developing what should be done by municipalities in KZN to be effective i.e. in developing a framework for success in terms of financial management, governance and service delivery. 2012-09-04T00:00:00Z http://hdl.handle.net/10500/6378 The effect of oil price and currency volatility on the stock price of oil and gas companies in South Africa Aphane, Abraham Kalaudia Oil Price volatility is a measure of the variation in the oil price over a given period of time. This measure gives an indication of the risk associated with the asset. In this study, oil price volatility and the rand dollar exchange were studied. The effects of these parameters on Sasol share price, a major player in the oil and gas sector of the listed companies in the stock was studied. Results showed that the Brent crude oil price volatility was mean reverting. Daily returns on the oil price showed a heteroscedastic type of behaviour. Cross sectional analysis of the results of Brent crude oil price and the rand dollar exchange show an inverse proportionality between the oil price movement and the rand dollar exchange rate. This inverse proportionality can also be interpreted as the lagged response of the rand dollar exchange to the oil price. Sasol share price showed a positive correlation with the oil price. 2012-09-04T00:00:00Z http://hdl.handle.net/10500/6221 The role of online social networks in inter-firm collaborative innovation and problem solving Duncan, Robert David This study examined how online social networking (OSN) leads to increased communication and collaboration across inter-firm boundaries. This online social networking behaviour represents significant opportunities to firms in the form of improved problem-solving, increased collaborative innovation and enhanced engagement with stakeholders. There are also risks inherent in the widespread use of OSNs, such as the loss of control over information flows to individuals outside the organization, potential damage to the reputation of brands and organizations, and loss of productivity due to excessive usage of OSNs during work hours. In particular, this study sought to test four research propositions, specifically, that usage of one particular OSN, LinkedIn (LI), results in: 1) an increased number of inter-firm connections; 2) an improved ability to communicate across inter-firm boundaries; 3) greater access to problem solving or innovation collaborators; 4) increased organizational problem solving or innovation ability. The study methodology involved both quantitative and qualitative research. The quantitative portion of the study involved survey research among over 500 LinkedIn (LI) users to determine changes they reported in various dimensions related to inter-firm relationship-forming, information-sharing and collaborative problem solving since using LI. The sampling approach was purposive and the sample frame consisted of the researcher’s own extended LI network, and an effort was also made to make the survey link available to all LI members through public posting in the site’s Q&A section. Though no individual or group was systematically excluded from the opportunity to take the survey, some limitations are inherent in the approach taken. The survey respondents were self-selecting, which makes it difficult to confirm that the sample is reflective of all LI users. Also, the use of the researcher’s own LI network as a key source of survey respondents may have biased the study toward more open networkers, since the researcher’s network was built up over time by practicing open networking behaviours. As a result, the sample may tend to under-represent more closed or restrictive networkers. Notwithstanding these limitations, no one particular group of respondents was excluded from the opportunity to take the survey, and the resulting data suggests that there were significant numbers of respondents who considered themselves closed networkers. Also, the spread of respondents by geographic area, occupation and age was found to resemble published statistics from LI on its user base, so it appears that the data is reasonably reflective of the LI user base, though this would be difficult to verify or measure. Qualitative research was also undertaken among senior managers at companies that have embraced the use of OSNs by staff to determine their experiences along similar dimensions. The findings from the quantitative survey showed that users of LI have experienced an increased number of social connections with individuals as a result of using LI, and that these connections are often with people in other organizations, including competitors and customers. Survey respondents also reported that they have been able to draw upon their LI networks in order to solve problems and be more innovative in their work. Analysis of the qualitative research yielded a list of suggested best practices that could be adopted by firms wishing to harness the collaborative power of OSNs. These suggested best practices have been grouped under the areas of strategy, listening, communication, guidelines, training, diffusion and measurement. Some suggested areas for future research included: the role of performance measurement and reward systems in managing OSN usage behaviour; the organizational risks of centralized versus decentralized control of messaging via OSNs; the role of training in the effective deployment of OSNs in an organizational context; and the organizational risk of increased connectedness with competitors resulting from OSN relationships. 2011-11-01T00:00:00Z http://hdl.handle.net/10500/6146 Women leadership in local government : an assessment of support by key stakeholders Phala, Sylvia Princess This report has established that women in leadership positions in local government experience similar barriers as other women leaders in the corporate sector despite the legislative, academic and political support provided by key stakeholders. As stated in Chapter 5, women in leadership positions managed and lead faced with prejudism emanating from social customs, informal institutional values, norms and cultures like in the private sector. This means that the findings on the study –Assessment of support by key stakeholders was note effective as it was envisaged. The study drew four key challenges that affected women in local government including limited support provided by the key stakeholders. Some recommended on possible interventions along these obstacles were outlined in chapter 5. These include: I) Legislation and training which were perceived to be non effective since “Attitudinal changes cannot be dictated, mandated and legislated” van der Colff (2004). II) Lack of Networks and Mentorships. III) Negative Attitude based on patriarchy and, IV) The need for Political Parties’ to reengineer that strategy in addressing women challenges. 2012-08-20T00:00:00Z