The Alignment between effective People Management, Business Strategy and Organisational Performance in the Banking and Insurance Sector
- Authors: Kock, Ruwayne , Roodt, Gert , Veldsman, Theo H
- Date: 2002
- Subjects: People management , Business strategy , Organisational performance , War of talent , Banking sector , Insurance sector , Effective people management
- Type: Article
- Identifier: uj:6417 , http://hdl.handle.net/10210/123
- Description: The aim of the study was to determine the nature of the alignment between people management effectiveness, business strategy and organisational performance within the banking and insurance sector in South Africa. From the field study, it was evident that the majorities of the participating companies fell short of people management best practices and were therefore unable to support their business strategies, which were in line with best practices. The organisational performance data was insufficient to determine the nature of the alignment between organizational performance, people management, and business strategy. The South African banking and insurance industry needs to realign their people management component to support the appropriate business strategy and to produce a desired level of organisational performance. A limitation of this study was the small sample size, which may have had some effect on the interpretation of the results. However, the sample represents a significant proportion of the South African banking and insurance sector. Although the magnitude and the direction of the relationships are still unclear, the opportunity exists for further longitudinal research.
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A people rejuvenation strategy for multicultrualism in the emerging South Africa
- Authors: Govender, Cookie M.
- Date: 2017
- Subjects: People management , People rejuvenation strategy , Multiculturalism
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/244567 , uj:25290 , Citation: Govender, C.M. 2017. A people rejuvenation strategy for multicultrualism in the emerging South Africa.
- Description: Abstract: South Africa as a developing country in an emerging economy is under continuous political, social and economic turbulence and conflict. Since democracy, transformation of society, cities, villages and workplaces towards the redress of past people injustice has been slow. Living conditions are substandard. Workplace equity for the majority of African people and other previously disadvantaged people, such as women, has not happened. The country is plagued with conflict, discontent and continuous protest as a result. National toxicity in recent times is due to poor leadership, mismanagement of public funds, unethical decision making, differences in values and multicultural intolerance. This theoretical, conceptual paper explores this research question: What strategy can leaders and managers implement to redress conflict and simultaneously revive and promote employee relations and talent management in the multicultural, emerging South Africa? The purpose and message of this paper is that leaders and managers can and must rejuvenate the consciousness of people into cooperativeness, collectiveness and compassion towards harmonious individual and team interactions within society and especially within the workplace. This paper presents an introspection and review of African, eastern and western leadership theories and practices on conflict resolution, co-creativeness, multiculturalism, talent management, mentorship and collaborative leadership. The paper proposes a solution for debate on a people rejuvenation strategy for the integration of multiculturalism and globalisation within the localised context of South Africa. The implications for policy makers, leaders and managers in South Africa, Africa and BRICS are that the strategy can be employed to rejuvenate people towards being productive in a joyful, multicultural, cooperative workplace
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