Faculty of Commerce, Law and Management (ETDs)

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    Enablers and barriers to effective strategy implementation in a South African financial institution
    (University of the Witwatersrand, Johannesburg, 2023) Zikalala, Zanele
    Strategy implementation forms part of the broader concept and critical aspect of strategic management which is practiced across many organisations in South Africa. However, it has been found through the abundance of literature that most organisations put more emphasis, focus on strategy formulation, and neglect strategy implementation. The number of existing strategy formulation frameworks supports this view, while scholars have not reached a consensus on the most effective frameworks for strategy implementation. Based on the high failure rate on strategy implementation, ranging between 60% and 90%, this exploratory study will seek to understand factors impacting effective strategy implementation in a South African context for a financial institution. Qualitative research was undertaken to further explore this study, wherein data was collected through an electronic survey from employees within the financial institution who specifically work in the Strategy Enablement Office. The data analysis yielded findings that identified five key factors impacting strategy implementation: leadership and culture, strategy implementation, employee understanding, regular feedback, and organisational performance. Out of these factors, the findings indicated that regular feedback and employee understanding were considered significantly important to strategy implementation. Leadership and culture and organisational performance had a positive impact but were not significant, according to the data collected for a specific financial institution. The study confirmed the importance of strategy implementation and the key factors that lie under it; however, the study also revealed that the organisation will need to put more effort into senior leadership involvement and provide regular feedback to employees during strategy implementation. Therefore, some recommendations put forward are to ensure senior leadership’s greater involvement during strategy implementation and to be provided with training interventions in this regard to mitigate the risk of nonchalant behaviour by senior management during the implementation phase. The study contributes to helping teams working in strategy enablement across the organisation, to gain insights on which factors to focus on and which ones are potential blind spots during strategy implementation to improve organisational performance.
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    Policy enablers and perceived impediments of rooftop solar photovoltaic projects in Gauteng, South Africa
    (University of the Witwatersrand, Johannesburg, 2024) Munemo, Pride Takudzwa; Ngubevana, Lwazi
    The issue of climate change has necessitated that many countries shift to greener and more sustainable energy sources. South Africa’s plans to encourage the generation of power from solar energy is a positive move in decarbonising the country’s economy. The National Integrated Resource Plan (IRP) intends to, among others, contribute to this shift and transition in power generation technologies. Despite being one of the two provinces in South Africa with the highest solar PV potential that may aid the penetration of rooftop solar PV (RSPV), the Gauteng province’s roll-out of such projects is perceived to be slower than anticipated. This research sought to study the perceived impediments that are hindering the growth of RSPV in the Gauteng province, reveal their impact in this sector, and explore the enablers for the diffusion of RSPV evolution. The Diffusion of Innovation theory forms the foundation for this study. The research investigated perceived policy impediments and enablers and suggested some policy measures to address these cross-cutting issues and contribute to the academic body of knowledge. The research approach was quantitative, and descriptive in nature, and information was obtained using a questionnaire that was administered via Survey Monkey. Data was gathered by integrating perspectives from key rooftop solar industry experts from energy service companies and regulatory sector officials. The study administered questions to participants in key energy leadership positions in the rooftop solar industry in the Gauteng province to understand perceived barriers and policy enablers. This research paper may assist academics, energy practitioners, and regulators in focusing their future efforts on the adoption of rooftop solar technologies in the Gauteng province. Furthermore, it may help in developing a framework for policies and strategies to increase the uptake of rooftop solar in South Africa.