Synergy in a globally diversified organisation
- Authors: Benecke, Gerhard
- Date: 2008-05-26T06:28:51Z
- Subjects: Organisational change management , Organisational behaviour , Communication in organisations , Corporate culture , Intellectual capital
- Type: Thesis
- Identifier: uj:2217 , http://hdl.handle.net/10210/460
- Description: The aim of this study was to develop a substantive theory for leading a change process towards achieving synergy between the business units of a globally diver-sified organisation. A modernist qualitative research methodology was followed. Casing was employed as research design. Grounded theory as proposed by Strauss and Corbin (1998) was applied as research strategy. Twenty seven employees were selected as research participants by means of purposive sampling. All the participants were selected on the basis of their in-volvement in synergy activities in the Company. In-depth interviews and re-quested essays were used as data collection methods to explore the twenty seven participants’ experiences with synergy. Two focus group interviews were addition-ally used as data collection methods. The nine participants in the first focus group interview were members of a regional synergy committee. The other focus group consisted of three executives of the Company. Participant observation was em-ployed as another data collection method during the focus group meetings as well as at one video conference on the establishment of a forum for recruitment and selection in the Company in which seven employees participated. The data was analysed by utilising the grounded theory methodology. After the conclusion of the data analysis phase, the first order constructs and re-lated concepts to synergy were further explored in the literature. A substantive theory for leading a change process towards achieving synergy was developed by aligning the conditional/ consequential matrix of Strauss & Corbin (1998) and the S-O-R theory of Partington (2000). Despite shortcomings the aim of the study was achieved. The study contributed to the development of theory, methodology and also contributed on a practical level. Recommendations for further research conclude the dissertation. , Prof. Willem Schurink Prof. Gert Roodt
- Full Text:
- Authors: Benecke, Gerhard
- Date: 2008-05-26T06:28:51Z
- Subjects: Organisational change management , Organisational behaviour , Communication in organisations , Corporate culture , Intellectual capital
- Type: Thesis
- Identifier: uj:2217 , http://hdl.handle.net/10210/460
- Description: The aim of this study was to develop a substantive theory for leading a change process towards achieving synergy between the business units of a globally diver-sified organisation. A modernist qualitative research methodology was followed. Casing was employed as research design. Grounded theory as proposed by Strauss and Corbin (1998) was applied as research strategy. Twenty seven employees were selected as research participants by means of purposive sampling. All the participants were selected on the basis of their in-volvement in synergy activities in the Company. In-depth interviews and re-quested essays were used as data collection methods to explore the twenty seven participants’ experiences with synergy. Two focus group interviews were addition-ally used as data collection methods. The nine participants in the first focus group interview were members of a regional synergy committee. The other focus group consisted of three executives of the Company. Participant observation was em-ployed as another data collection method during the focus group meetings as well as at one video conference on the establishment of a forum for recruitment and selection in the Company in which seven employees participated. The data was analysed by utilising the grounded theory methodology. After the conclusion of the data analysis phase, the first order constructs and re-lated concepts to synergy were further explored in the literature. A substantive theory for leading a change process towards achieving synergy was developed by aligning the conditional/ consequential matrix of Strauss & Corbin (1998) and the S-O-R theory of Partington (2000). Despite shortcomings the aim of the study was achieved. The study contributed to the development of theory, methodology and also contributed on a practical level. Recommendations for further research conclude the dissertation. , Prof. Willem Schurink Prof. Gert Roodt
- Full Text:
The assessment of intellectual capital (IC) in the South African context - a qualitative approach.
- Authors: De Beer, M.J. , Barnes, N.
- Date: 2003
- Subjects: Intellectual capital
- Type: Article
- Identifier: uj:5651 , http://hdl.handle.net/10210/2890
- Description: The aim of the article is to report on an investigation into IC as portrayed by thought leaders and research groups, against a South African background. An attempt was made to clarify relevant terminology, develop a model and methodology for South African application, and assess the status of IC within the South Africa context through a qualitative methodology using Focus Groups. Results indicated that IC in South Africa is still in the infancy stage. However, models and methodologies developed in other continents could with changes be applied in the South African context.
- Full Text:
- Authors: De Beer, M.J. , Barnes, N.
- Date: 2003
- Subjects: Intellectual capital
- Type: Article
- Identifier: uj:5651 , http://hdl.handle.net/10210/2890
- Description: The aim of the article is to report on an investigation into IC as portrayed by thought leaders and research groups, against a South African background. An attempt was made to clarify relevant terminology, develop a model and methodology for South African application, and assess the status of IC within the South Africa context through a qualitative methodology using Focus Groups. Results indicated that IC in South Africa is still in the infancy stage. However, models and methodologies developed in other continents could with changes be applied in the South African context.
- Full Text:
The assessment of intellectual capital (IC) in the South African context
- Authors: De Beer, Marius Johan
- Date: 2012-01-24
- Subjects: Intellectual capital
- Type: Thesis
- Identifier: uj:1924 , http://hdl.handle.net/10210/4285
- Description: D.Comm. , Organisations devote meticulous attention to the analysis and accounting of tangible assets, but there is no process to measure and analyse investments in Intellectual Capital (IC). IC, inter alia "goodwill", has become a popular term, addressing the need to influence the total value (stock) value of an organisation. Market needs initiated this research, motivated by positive results/findings of recent foreign research /studies. The aim of the research was to conduct a literature study in attempt to identify and confirm all variables and moderators of IC, to utilize this knowledge to develop an assessment methodology and framework, and to assess the status of IC within the South African context and the feasibility of the proposed model and methodology, through the use of focus groups. All the relevant information pertaining to IC was gathered from previous research. Specialists and companies/institutions specialising on the topic provided the author with a comprehensive background to what existed, what is being done, and what is to follow. Definitions and clarification of terminology also formed part of this study. This equipped the author to develop a model, methodology/framework for the assessment of IC. A qualitative methodology in the form of focus groups was used, with the explicit aim of verifying and adding to the exploration and the process of developing a new model, methodology/framework. The focus group interviews were structured through an interview guide, containing appropriate research questions. The results of the research supported the knowledge obtained from the literature study, applied in developing the proposed model and methodology/framework. The results confirmed that IC is still in its infancy stage in South Africa, if measured against the development thereof in other countries. Models and methodologies developed in other continents could with changes be applied in the South African context. IC could also be of definite benefit if applied correctly.
- Full Text:
- Authors: De Beer, Marius Johan
- Date: 2012-01-24
- Subjects: Intellectual capital
- Type: Thesis
- Identifier: uj:1924 , http://hdl.handle.net/10210/4285
- Description: D.Comm. , Organisations devote meticulous attention to the analysis and accounting of tangible assets, but there is no process to measure and analyse investments in Intellectual Capital (IC). IC, inter alia "goodwill", has become a popular term, addressing the need to influence the total value (stock) value of an organisation. Market needs initiated this research, motivated by positive results/findings of recent foreign research /studies. The aim of the research was to conduct a literature study in attempt to identify and confirm all variables and moderators of IC, to utilize this knowledge to develop an assessment methodology and framework, and to assess the status of IC within the South African context and the feasibility of the proposed model and methodology, through the use of focus groups. All the relevant information pertaining to IC was gathered from previous research. Specialists and companies/institutions specialising on the topic provided the author with a comprehensive background to what existed, what is being done, and what is to follow. Definitions and clarification of terminology also formed part of this study. This equipped the author to develop a model, methodology/framework for the assessment of IC. A qualitative methodology in the form of focus groups was used, with the explicit aim of verifying and adding to the exploration and the process of developing a new model, methodology/framework. The focus group interviews were structured through an interview guide, containing appropriate research questions. The results of the research supported the knowledge obtained from the literature study, applied in developing the proposed model and methodology/framework. The results confirmed that IC is still in its infancy stage in South Africa, if measured against the development thereof in other countries. Models and methodologies developed in other continents could with changes be applied in the South African context. IC could also be of definite benefit if applied correctly.
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Role of the learning organization paradigm in improving intellectual capital
- Du Toit, Adeline, Pienaar, Jaco
- Authors: Du Toit, Adeline , Pienaar, Jaco
- Date: 2009
- Subjects: Intellectual capital , Horseracing industry - South Africa , Phumelela (Firm: South Africa)
- Type: Article
- Identifier: uj:6188 , ISBN 978-86970-661-9 , http://hdl.handle.net/10210/5265
- Description: The purpose of this research was to determine to what extent intellectual capital is recognised and developed in a company in the South African horseracing industry. Intellectual capital is defined according to three categories -human, structural and relational capital. Intellectual capital's organizational importance is also discussed. The empirical study is conducted by examining the annual reports and financial statements of Phumelela. Intellectual capital is the main focus of the study, with knowledge sharing and the learning organisation seen as key intellectual capital development methods. The learning organisation is an essential paradigm in the knowledge economy and refers to an organisational and individua! mindset for knowledge improvement, goal achievement. and development. The importance of the learning organisation is discussed in an intellectual capital context.
- Full Text:
- Authors: Du Toit, Adeline , Pienaar, Jaco
- Date: 2009
- Subjects: Intellectual capital , Horseracing industry - South Africa , Phumelela (Firm: South Africa)
- Type: Article
- Identifier: uj:6188 , ISBN 978-86970-661-9 , http://hdl.handle.net/10210/5265
- Description: The purpose of this research was to determine to what extent intellectual capital is recognised and developed in a company in the South African horseracing industry. Intellectual capital is defined according to three categories -human, structural and relational capital. Intellectual capital's organizational importance is also discussed. The empirical study is conducted by examining the annual reports and financial statements of Phumelela. Intellectual capital is the main focus of the study, with knowledge sharing and the learning organisation seen as key intellectual capital development methods. The learning organisation is an essential paradigm in the knowledge economy and refers to an organisational and individua! mindset for knowledge improvement, goal achievement. and development. The importance of the learning organisation is discussed in an intellectual capital context.
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The role of human resources in knowledge-driven organisations : an analysis of identified companies that operate in the South African chemical industry
- Govender, Yoganathan Kaniappen
- Authors: Govender, Yoganathan Kaniappen
- Date: 2014-07-28
- Subjects: Knowledge management , Intellectual capital , Human capital
- Type: Thesis
- Identifier: uj:11845 , http://hdl.handle.net/10210/11577
- Description: M.B.A , The aim of this study is to conduct a literature study on knowledge management with specific reference to the Human Resources environment and compare these practices in the various identified companies that operate In the Chemical Sector in South Africa. Knowledge management has demonstrated to be an essential contributor to business success in many global companies. As an evolving discipline within organisations, the Human Resources function can benefit from this by adopting the appropriate knowledge management tools and principles to ensure maximum Human Capital output is achieved. The foundation of this dissertation is based on the literature review, where the researcher attempts to highlight important aspects relevant to this topic. These include concepts associated with the Human Resources function - but are viewed in perspective of a knowledge-driven organisation. The focus will be primarily on Learning and Development, Compensation and Benefits, Recruitment and Placement, and Performance Management and associated concepts that support these Human Resources technologies. In order to gain a better understanding of currant practices in the identified South African companies, the researcher will survey these companies. Both the providers of Human Resources services (Human Resources Professionals) and recipients of the Human Resources services (Employees) will be surveyed. From the findings, the researcher will provide appropriate recommendations based on the expertise provided by the authors in the literature review so that the companies may adapt and implement these. Since South Africa is a developing economy, these companies can learn from the tried and tested methodologies as illustrated in the literature review, to enhance their competitive edge.
- Full Text:
- Authors: Govender, Yoganathan Kaniappen
- Date: 2014-07-28
- Subjects: Knowledge management , Intellectual capital , Human capital
- Type: Thesis
- Identifier: uj:11845 , http://hdl.handle.net/10210/11577
- Description: M.B.A , The aim of this study is to conduct a literature study on knowledge management with specific reference to the Human Resources environment and compare these practices in the various identified companies that operate In the Chemical Sector in South Africa. Knowledge management has demonstrated to be an essential contributor to business success in many global companies. As an evolving discipline within organisations, the Human Resources function can benefit from this by adopting the appropriate knowledge management tools and principles to ensure maximum Human Capital output is achieved. The foundation of this dissertation is based on the literature review, where the researcher attempts to highlight important aspects relevant to this topic. These include concepts associated with the Human Resources function - but are viewed in perspective of a knowledge-driven organisation. The focus will be primarily on Learning and Development, Compensation and Benefits, Recruitment and Placement, and Performance Management and associated concepts that support these Human Resources technologies. In order to gain a better understanding of currant practices in the identified South African companies, the researcher will survey these companies. Both the providers of Human Resources services (Human Resources Professionals) and recipients of the Human Resources services (Employees) will be surveyed. From the findings, the researcher will provide appropriate recommendations based on the expertise provided by the authors in the literature review so that the companies may adapt and implement these. Since South Africa is a developing economy, these companies can learn from the tried and tested methodologies as illustrated in the literature review, to enhance their competitive edge.
- Full Text:
A comparative study of the structure of intellect of rural and urban adult Pedi
- Authors: Kendall, Ian Michael
- Date: 2014-09-10
- Subjects: Bantu-speaking peoples - Psychology , Intellectual capital , Blacks - Intelligence levels
- Type: Thesis
- Identifier: uj:12232 , http://hdl.handle.net/10210/11999
- Description: M.A. (Psychology) , Despite well over two millennia of philosophical speculation and just under a century of objective, standardized measurement, students of intelligence are far from unanimous in their agreement on a formal definition of the concept. Biological, psychological and operational definitions have each been advanced' and criticized in their turn. The majority of definitions, particularly of the psychological variety, have been variously rejected as circular, question begging, over-inclusive or value-laden. Such definitions have included the capacity for learning; the capacity to act purposefully, think rationally and deal effectively with one's environment; the ability to perceive or educe relations; and the ability for abstract thinking, to mention but a few...
- Full Text:
- Authors: Kendall, Ian Michael
- Date: 2014-09-10
- Subjects: Bantu-speaking peoples - Psychology , Intellectual capital , Blacks - Intelligence levels
- Type: Thesis
- Identifier: uj:12232 , http://hdl.handle.net/10210/11999
- Description: M.A. (Psychology) , Despite well over two millennia of philosophical speculation and just under a century of objective, standardized measurement, students of intelligence are far from unanimous in their agreement on a formal definition of the concept. Biological, psychological and operational definitions have each been advanced' and criticized in their turn. The majority of definitions, particularly of the psychological variety, have been variously rejected as circular, question begging, over-inclusive or value-laden. Such definitions have included the capacity for learning; the capacity to act purposefully, think rationally and deal effectively with one's environment; the ability to perceive or educe relations; and the ability for abstract thinking, to mention but a few...
- Full Text:
Knowledge sharing as a means of enhancing intellectual capital within the project environment
- Authors: Maake, H. P.
- Date: 2015
- Subjects: Knowledge management , Intellectual capital
- Language: English
- Type: Masters (Thesis)
- Identifier: http://ujcontent.uj.ac.za8080/10210/371274 , http://hdl.handle.net/10210/82645 , uj:18985
- Description: Abstract: Knowledge sharing (KS) is one of the most important knowledge management (KM) processes that enable value adding KM initiatives within the organisation. The flow of knowledge between individuals within the organisation, leads to the creation and enhancement of intangible assets known as intellectual capital (IC) through the process of combination and contextualisation of different pieces of knowledge. This intangible asset known as IC, is regarded as the unique competitive advantage of the organisation due to the difficulty to imitate by the competitors. In the context of the project environment, IC plays an integral role in improving the project management (PM) capability and competencies while also creating a knowledge base. This research focuses on the investigation of KS as the means of enhancing IC within the project environment of a South African power utility (SAPU). The SAPU currently involved in the construction of many projects across South Africa has the opportunity to create and enhance IC through the use of KM processes such as KS that will become beneficial in terms of improving project planning and execution due to enhanced competencies and PM capability. Currently there are KS practices that are taking place within the SAPU's project environment, however, certain major challenges are hindering this process which results in a lost opportunity to enhance IC and build sufficient capacity to improve on project execution. The respondents of this study agreed to the value of KS as a means of enhancing IC with the SAPU's project environment by acknowledging its potential of improving PM capability, enhancing the competencies and building a knowledge base. Certain key recommendations that were considered critical for the success of KM processes such as KS included the following: 1. Leadership should champion the development and implementation of KM programs within the SAPU's project environment. 2. KM should be integrated within the project life cycle model (PLCM) to become part of projects within the SAPU. 3. Enforced governance and rewards as well as recognition systems are recommended for promoting KS in the SAPU’s project environment. , M.Com. (Business Management)
- Full Text:
- Authors: Maake, H. P.
- Date: 2015
- Subjects: Knowledge management , Intellectual capital
- Language: English
- Type: Masters (Thesis)
- Identifier: http://ujcontent.uj.ac.za8080/10210/371274 , http://hdl.handle.net/10210/82645 , uj:18985
- Description: Abstract: Knowledge sharing (KS) is one of the most important knowledge management (KM) processes that enable value adding KM initiatives within the organisation. The flow of knowledge between individuals within the organisation, leads to the creation and enhancement of intangible assets known as intellectual capital (IC) through the process of combination and contextualisation of different pieces of knowledge. This intangible asset known as IC, is regarded as the unique competitive advantage of the organisation due to the difficulty to imitate by the competitors. In the context of the project environment, IC plays an integral role in improving the project management (PM) capability and competencies while also creating a knowledge base. This research focuses on the investigation of KS as the means of enhancing IC within the project environment of a South African power utility (SAPU). The SAPU currently involved in the construction of many projects across South Africa has the opportunity to create and enhance IC through the use of KM processes such as KS that will become beneficial in terms of improving project planning and execution due to enhanced competencies and PM capability. Currently there are KS practices that are taking place within the SAPU's project environment, however, certain major challenges are hindering this process which results in a lost opportunity to enhance IC and build sufficient capacity to improve on project execution. The respondents of this study agreed to the value of KS as a means of enhancing IC with the SAPU's project environment by acknowledging its potential of improving PM capability, enhancing the competencies and building a knowledge base. Certain key recommendations that were considered critical for the success of KM processes such as KS included the following: 1. Leadership should champion the development and implementation of KM programs within the SAPU's project environment. 2. KM should be integrated within the project life cycle model (PLCM) to become part of projects within the SAPU. 3. Enforced governance and rewards as well as recognition systems are recommended for promoting KS in the SAPU’s project environment. , M.Com. (Business Management)
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A comparative study of integrated reporting capitals and related financial reporting information
- Authors: Makgae, Jeridah
- Date: 2016
- Subjects: International financial reporting standards , International Accounting Standards Board , Financial statements , Human capital , Intellectual capital , Infrastructure (Economics)
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/237184 , uj:24298
- Description:
M.Com. (International Accounting)
, Abstract: The International Integrated Reporting Framework (
Framework) was issued in December 2013 by the International Integrated Reporting Council (IIRC). The Framework lists six capitals that entities use. Entities often include those capitals that are more important or are used more frequently than others. Although the Framework was recently issued, the concept of integrated reporting is not a new concept in South Africa. The King Code of Governance (King III) was issued in 2009 and it has a requirement for entities to publish integrated reports. The purpose of this study is do a comparison between the information provided on the six capitals of integrated reporting and the related financial reporting information. A full list of International Financial Reporting Standards (IFRSs) that were used in this comparative study is listed under heading 4.2.3. The International Accounting Standard Board’s (IASB) IFRSs do not address all the capitals in detail. The accounting treatment of each capital is prescribed in relevant IFRS standards. A content analysis has been performed by comparing the information on the six capitals of integrated reporting and the relevant IFRSs identified. The results of the study indicate that the information that is presented and disclosed in the annual financial statements does not always give a true reflection of the results of the entity. This is mainly because of certain expenditures that do not meet the definition of an asset or liability, or that the recognition and measurement criteria of IFRSs will not lead to presentation on the statement of financial position. The study indicates additional information that should be disclosed in the notes to the financial statement or in the integrated report for each capital. - Full Text:
- Authors: Makgae, Jeridah
- Date: 2016
- Subjects: International financial reporting standards , International Accounting Standards Board , Financial statements , Human capital , Intellectual capital , Infrastructure (Economics)
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/237184 , uj:24298
- Description:
M.Com. (International Accounting)
, Abstract: The International Integrated Reporting Framework (
Framework) was issued in December 2013 by the International Integrated Reporting Council (IIRC). The Framework lists six capitals that entities use. Entities often include those capitals that are more important or are used more frequently than others. Although the Framework was recently issued, the concept of integrated reporting is not a new concept in South Africa. The King Code of Governance (King III) was issued in 2009 and it has a requirement for entities to publish integrated reports. The purpose of this study is do a comparison between the information provided on the six capitals of integrated reporting and the related financial reporting information. A full list of International Financial Reporting Standards (IFRSs) that were used in this comparative study is listed under heading 4.2.3. The International Accounting Standard Board’s (IASB) IFRSs do not address all the capitals in detail. The accounting treatment of each capital is prescribed in relevant IFRS standards. A content analysis has been performed by comparing the information on the six capitals of integrated reporting and the relevant IFRSs identified. The results of the study indicate that the information that is presented and disclosed in the annual financial statements does not always give a true reflection of the results of the entity. This is mainly because of certain expenditures that do not meet the definition of an asset or liability, or that the recognition and measurement criteria of IFRSs will not lead to presentation on the statement of financial position. The study indicates additional information that should be disclosed in the notes to the financial statement or in the integrated report for each capital. - Full Text:
The role of the learning organisation paradigm in improving intellectual capital
- Authors: Pienaar, Jaco Johannes
- Date: 2009-04-30T09:26:08Z
- Subjects: Intellectual capital , Knowledge management , Organizational learning , Horse racing (South Africa)
- Type: Mini-Dissertation
- Identifier: uj:8331 , http://hdl.handle.net/10210/2458
- Description: M.A. , The purpose of this thesis is to determine to what extent intellectual capital is recognised and developed in the South African horseracing industry. A significant motivation for this study is that, despite the importance of intellectual capital in today’s market environment, no such study has been done in this specific industry. Because of the scope and nature of the horseracing industry, such a study is crucial. The study is divided into a literature review, where theoretical groundwork is discussed, and an empirical study, where the theory is practically applied within the South African horseracing industry context. The industry can be defined as an oligopoly, with Phumelela and Gold Circle as the key organisations. Therefore, Phumelela and Gold Circle’s intellectual capital recognition and development is examined in depth and compared with each other. Other industry role players and factors, such as betting types and racecourses, are also discussed, as it provides an overview essential to the study. The literature review is divided into three sections – intellectual capital, knowledge sharing, and the learning organisation. Intellectual capital is the main focus of the study, with knowledge sharing and the learning organisation seen as key intellectual capital development methods. Intellectual capital is defined according to three categories – human, structural, and relational capital. Intellectual capital’s organisational importance and measurement are also discussed. Knowledge, knowledge sharing, and knowledge sharing methods (formal and informal) are described and placed within organisational and intellectual capital frameworks. The overall importance of knowledge sharing, in addition to its importance to intellectual capital, is discussed. The learning organisation is an essential paradigm in the knowledge economy and refers to an organisational and individual mindset for knowledge improvement, goal achievement, and development. It is defined and discussed in an intellectual capital context. The learning organisation’s importance to the development of intellectual capital, knowledge sharing, and the organisation as a whole, is explained. The qualitative empirical study is conducted primarily by examining the annual reports and financial statements of Gold Circle and Phumelela. Specific structured interviews with key industry role players are also referred to and comparisons of the aforementioned organisations are given. Summaries of findings are presented and recommendations are made to assist in the industry’s task of managing and developing intellectual capital. Areas of future research are also referred to, which include studying intellectual capital on a global horseracing scale as well as the role that knowledge development plays in the international competitiveness of the horseracing industry. The South African horseracing industry is complex and vast, requiring the development of intellectual capital and other intangible assets to compete strongly globally. This thesis shows that this is not done to its full extent as yet and there is still a long way to go for the national industry to realise its full potential.
- Full Text:
- Authors: Pienaar, Jaco Johannes
- Date: 2009-04-30T09:26:08Z
- Subjects: Intellectual capital , Knowledge management , Organizational learning , Horse racing (South Africa)
- Type: Mini-Dissertation
- Identifier: uj:8331 , http://hdl.handle.net/10210/2458
- Description: M.A. , The purpose of this thesis is to determine to what extent intellectual capital is recognised and developed in the South African horseracing industry. A significant motivation for this study is that, despite the importance of intellectual capital in today’s market environment, no such study has been done in this specific industry. Because of the scope and nature of the horseracing industry, such a study is crucial. The study is divided into a literature review, where theoretical groundwork is discussed, and an empirical study, where the theory is practically applied within the South African horseracing industry context. The industry can be defined as an oligopoly, with Phumelela and Gold Circle as the key organisations. Therefore, Phumelela and Gold Circle’s intellectual capital recognition and development is examined in depth and compared with each other. Other industry role players and factors, such as betting types and racecourses, are also discussed, as it provides an overview essential to the study. The literature review is divided into three sections – intellectual capital, knowledge sharing, and the learning organisation. Intellectual capital is the main focus of the study, with knowledge sharing and the learning organisation seen as key intellectual capital development methods. Intellectual capital is defined according to three categories – human, structural, and relational capital. Intellectual capital’s organisational importance and measurement are also discussed. Knowledge, knowledge sharing, and knowledge sharing methods (formal and informal) are described and placed within organisational and intellectual capital frameworks. The overall importance of knowledge sharing, in addition to its importance to intellectual capital, is discussed. The learning organisation is an essential paradigm in the knowledge economy and refers to an organisational and individual mindset for knowledge improvement, goal achievement, and development. It is defined and discussed in an intellectual capital context. The learning organisation’s importance to the development of intellectual capital, knowledge sharing, and the organisation as a whole, is explained. The qualitative empirical study is conducted primarily by examining the annual reports and financial statements of Gold Circle and Phumelela. Specific structured interviews with key industry role players are also referred to and comparisons of the aforementioned organisations are given. Summaries of findings are presented and recommendations are made to assist in the industry’s task of managing and developing intellectual capital. Areas of future research are also referred to, which include studying intellectual capital on a global horseracing scale as well as the role that knowledge development plays in the international competitiveness of the horseracing industry. The South African horseracing industry is complex and vast, requiring the development of intellectual capital and other intangible assets to compete strongly globally. This thesis shows that this is not done to its full extent as yet and there is still a long way to go for the national industry to realise its full potential.
- Full Text:
Capturing the value of football players in financial reporting
- Authors: Steenkamp, Michael
- Date: 2019
- Subjects: Financial statements , Football players , Human capital - Accounting , Intellectual capital , Intangible property
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/430883 , uj:37157
- Description: Abstract: The accounting for football players is currently not consistent regarding the recognition of players who have been internally developed and those who have been purchased from another club. When a football club purchases the registration rights of a football player, such rights are capitalised as an intangible asset and amortised over the player’s contract period. However, the costs that are incurred in developing home grown players are recognised as an expense and there is no value captured for such players in the financial statements of a football club. There has been previous research on the possible need for the capitalisation of human resources and to place a value on these in the accounting records of an entity, which would include that of football clubs. The accounting principles currently available for accounting for internally generated intangible assets are not likely to change in the short term. Due to this, the need for additional disclosure of non-financial information in the, for instance, integrated report is noted. The objective of this limited scope dissertation is to identify and suggest the most appropriate manner in which to capture the value of football players in financial reporting... , M.Com. (International Accounting)
- Full Text:
- Authors: Steenkamp, Michael
- Date: 2019
- Subjects: Financial statements , Football players , Human capital - Accounting , Intellectual capital , Intangible property
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/430883 , uj:37157
- Description: Abstract: The accounting for football players is currently not consistent regarding the recognition of players who have been internally developed and those who have been purchased from another club. When a football club purchases the registration rights of a football player, such rights are capitalised as an intangible asset and amortised over the player’s contract period. However, the costs that are incurred in developing home grown players are recognised as an expense and there is no value captured for such players in the financial statements of a football club. There has been previous research on the possible need for the capitalisation of human resources and to place a value on these in the accounting records of an entity, which would include that of football clubs. The accounting principles currently available for accounting for internally generated intangible assets are not likely to change in the short term. Due to this, the need for additional disclosure of non-financial information in the, for instance, integrated report is noted. The objective of this limited scope dissertation is to identify and suggest the most appropriate manner in which to capture the value of football players in financial reporting... , M.Com. (International Accounting)
- Full Text:
Intellectual capital management in a South African retail company
- Van der Westhuizen, C., Kok, J.A.
- Authors: Van der Westhuizen, C. , Kok, J.A.
- Date: 2006-12
- Subjects: Knowledge management , Intellectual capital , Retail industry
- Type: Article
- Identifier: uj:5710 , http://hdl.handle.net/10210/3404
- Description: This research commenced with a study of the concepts of knowledge management and intellectual capital to establish a clear understanding of the importance of the management of intellectual assets of a company. In the review of existing measurement models the strengths and weaknesses and primary uses of each model were explored to understand the different goals for using different models. After the need for an intellectual capital management tool was established, different models were considered and recommendations were made for developing an intellectual capital management tool in retail companies in South Africa.
- Full Text:
- Authors: Van der Westhuizen, C. , Kok, J.A.
- Date: 2006-12
- Subjects: Knowledge management , Intellectual capital , Retail industry
- Type: Article
- Identifier: uj:5710 , http://hdl.handle.net/10210/3404
- Description: This research commenced with a study of the concepts of knowledge management and intellectual capital to establish a clear understanding of the importance of the management of intellectual assets of a company. In the review of existing measurement models the strengths and weaknesses and primary uses of each model were explored to understand the different goals for using different models. After the need for an intellectual capital management tool was established, different models were considered and recommendations were made for developing an intellectual capital management tool in retail companies in South Africa.
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