3. Electronic Theses and Dissertations (ETDs) - All submissions
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Item An evaluation of the impact of IFRS 15 on JSE-Listed companies(2017) De sa Silva, LolandaThe purpose of this paper is to evaluate the operational impact an accounting change will have on organisations. This paper looks specifically at the impact the operationalisation of International Financial Reporting Standard 15 (IFRS 15) will have on Johannesburg Stock Exchange-listed (JSE-listed) organisations with the objective of determining whether it will result in changes only to financial reporting or whether it will also impact other aspects of the business. The research undertaken has relied on primary data collected from 20 recorded interviews with technical specialists, academics and preparers to determine the expected or actual change that IFRS 15 will bring about within an organisation. The findings suggest that the implementation of IFRS 15 will have far-reaching implications for the organisation, over and above financial reporting. It will bring about change within five main areas, including strategy, level of collaboration, training, information technology systems and the performance evaluation of employees and organisations. This paper contributes to the accounting literature on the process of implementing accounting changes and the resistance with which these accounting changes are encountered.Item The results of flow efficiency methodology in a labour-intensive, South African operation(2016) Bodill, ChrisThe research project aimed at determining employees’ experiences of the application of the flow efficiency methodology. The flow efficiency methodology was the selected management methodology from the broader scope of process-focused methodologies. The significance of the flow efficiency approach is that it’s an alternative approach to the traditional management approach of optimising resource efficiency, but rather focuses on improving the flow of the process in which the resources work. The research was conducted in the context of the labour-intensive, South African manufacturing sector using a case study approach. The purpose of the research was to understand front-line employees’ and supervisors’ perceptions during the application of the flow efficiency approach. The assessed perceptions came from four selected change factors that stemmed from the Lean change iceberg model commonly found in literature. The motivation for research was two-fold: (1) prior research of the flow efficiency methodology in the socio-technical environment focused on operational improvement impact, and not on the impact on people; and (2), most research of improvement approaches and methods in South Africa tended to focus on success factors and pre-requisite maturity levels of various methods. The chosen flow efficiency approach required no pre-requisite culture requirements. The researcher was of the view that gaining an insight (through a case study) into employees’ perceptions of change factors during a flow efficiency approach, could lead to benefits of development and empowerment of employees and management in the labour-intensive, manufacturing sector of South Africa. The case study selected was a flow efficiency-based, improvement initiative in a multinational dairy plant in South Africa. The researcher used an unstructured, group-administered questionnaire to assess operational and supervisory employees’ perceptions of the selected change factors after process changes were made in the process where they work. The four selected process-improvement change factors derived from the Lean change iceberg were: Leadership Behaviour; Social System Change; Effectiveness of Change; and Employee Involvement & Empowerment. Content validity was conducted with external and internal experts to refine the questions and sequence of the questionnaire. A trained research assistant facilitated the multiple questionnaire sessions. Thematic content analysis was used to categorise participant’s responses into themes and sub-themes for each question. The occurrence of themes and sub-themes per question was tallied up and discussed for operational and supervisory employees with respect to the research objectives. The research did not yield a broad-based view on the impact of the flow efficiency management approach on employees’ perceptions in the greater industry context. However, it did give an insight, through the case study, into some universally applicable perceptions of changes experienced by South African, front-line and supervisory employees when the flow efficiency management approach was used. Perceptions of: leadership commitment and coaching, improved teamwork, simplification of jobs, improved flow, and improvements in individual performance, and employee empowerment were prevalent perceptions felt by most employees at both levels.Item Evaluating benefits realisation management (BRM) methodology as a tool for implementing manufacturing execution system (MES)(2016) Jevtic, JovanThis research report addresses the question: Is BRM (Benefits Realisation Management) a valid method for MES (Manufacturing Execution Systems) development and implementation? While the technical aspect of implementing MES is standardised and well documented, a clear approach to tackling the activity on a company specific level is missing. Literature shows that there is ambiguity in where ownership should lie and further details common organisational problems that companies experience. Limited guidance is given to how these problems can be tackled. An evaluative case study is conducted at the WMMEA (WEIR Minerals Middle East and Africa) machine shop to determine whether BRM methodology is able to improve the MES system and its implementation by adding a previously unexplored structure to the undertaking. The research method focuses on two aspects of the case. The initiative, where the researcher aims to identify whether BRM methodology is able to specify a complete set of requirements for MES implementation. The outcomes, where the researcher quantifies the benefits gained from the implementation. This report describes an adapted BRM methodology and the outcomes of its application. These outcomes consist of the issues faced by the company, the enablers developed to overcome these issues, and the benefits derived from MES. The BRM methodology is shown to be valid in the case of WMMEA by the confirmed realisation of predicted benefits. The business objectives achieved are an improved on-time delivery to customers and an increased part value.