JOURNAL ARTICLEEdinam Agbemava · Thywill Cephas Dzogbewu · Dennis Yao Dzansi · Deon Johan De Beer
International Journal of Business Ecosystem & Strategy · 2024
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As the 3D printing industry continues to gain momentum in South Africa's SME sector, issues about their financing and financial management need to be investigated. This is due to the capital-intensive nature of the business as well as the financing challenges encountered by 3D printing SMMEs. This study aimed to contribute to research on financial management practices and sources of finance as predictors of performance for 3D printing small and medium enterprises (SMMEs) in terms of profitability and increase in client base. The study adopted the interpretivist research paradigm, exploratory research design, inductive research approach and qualitative research method to achieve the objectives of the study. A total of twenty (20) 3D printing firms participated in the study. Employees and managers were purposefully selected to participate in the study. The participants comprised finance managers, senior managers and managers of the twenty (20) 3D printing firms that participated in the study. Structured interviews served as the instrument for data collection based on the objectives of the study. Data gathered from interviews were transcribed and analysed using thematic analysis. The study revealed that effective working capital management practices boost the profitability of 3D printing SMMEs, particularly through adopting no-credit policies and hiring competent finance officers. These practices also help expand the client base by ensuring timely delivery of products and services, with customer relationship management being a strategic approach. The study also revealed that liquidity management practices significantly boost the profitability of 3D printing firms by ensuring sufficient cash flow to meet financial obligations, managing financial risks, and ensuring timely product delivery, thereby enhancing customer satisfaction and contributing to growth in the customer base. The study recommends the need for 3D printing SMMEs to prioritise cash flow management and develop robust systems to monitor and control working capital components, including inventory, receivables, and payables.
DOI 10.36096/ijbes.v6i5.5590 Crossref citations0 OpenAlex citations
JOURNAL ARTICLEKhutso Mankgele · Olawale Fatoki
International Journal of Business Ecosystem & Strategy · 2024
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This study aims to investigate the impact of green empowering leadership (GEL) on organisational citizenship behaviour toward the environment (OCBE) of employees in hospitality firms. Green empowering leadership is a newly conceptualized leadership style that combines traditional empowering leadership with a focus on environmental sustainability. Therefore, the purpose of this study is to examine how GEL can improve OCBE in hospitality firms. To test hypotheses and accomplish study goals, the social exchange theory (SET) theory was combined with a quantitative research strategy. Data was collected from hotel employees in a cross-sectional survey and the study adopted the convenience and purposive sampling method, and the survey participants were middle level managers of hotels. The study used the Partial Least Square-Structural Equation Modelling (PLS-SEM) for data analysis. The findings indicate a positive effect of green empowering leadership and OCBE. The findings of the study have important implications for policy and practice in the hospitality industry. There is the need for hotel to adopt green practices and incorporate ecological concerns in their strategy and operation.
DOI 10.36096/ijbes.v6i5.5880 Crossref citations0 OpenAlex citations
JOURNAL ARTICLEFrance Khutso Lavhelani Kgobe · Magatane Tshwarelo Mashilo · Mohale Enerst Selolo · Dilo Justin Ramoshaba
International Journal of Business Ecosystem & Strategy · 2024
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This article presents a comparative analysis of selected political party manifestos in South Africa, examining both convergences and differences in their approaches to service delivery. With a focus on understanding the underlying principles and priorities outlined in these manifestos, the study aims to shed light on the potential implications for governance and public service effectiveness. Drawing upon a comprehensive review of political party manifestos and policy documents, the analysis identifies common themes such as access to basic services, infrastructure development, and socio-economic empowerment. However, significant variations emerge in terms of the strategies proposed to address these challenges, reflecting diverse ideological orientations and policy priorities among political parties. By employing a qualitative content analysis approach, the study highlights the nuanced differences in the proposed policy frameworks and implementation mechanisms, as well as the underlying assumptions and values embedded within each manifesto. Furthermore, the analysis explores the potential implications of these variations for public administration practices, governance structures, and service delivery outcomes. Through this comparative lens, the article contributes to a deeper understanding of the complexities and dynamics shaping public administration in South Africa's multi-party democracy. Moreover, it offers insights into the challenges and opportunities for enhancing service delivery effectiveness, fostering accountability, and promoting inclusive development. Ultimately, the findings underscore the importance of informed policy debates and evidence-based decision-making in addressing the diverse needs and aspirations of South Africa's citizens, while also emphasizing the critical role of public administration in translating political commitments into tangible outcomes on the ground.
DOI 10.36096/ijbes.v6i4.5470 Crossref citations0 OpenAlex citations
JOURNAL ARTICLEFortunate Mahlatse Maponya · Isaac Nkoana · Refilwe Erna Maenetja
International Journal of Business Ecosystem & Strategy · 2024
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This paper examines the critical role of youth participation in planning and implementation with the purpose of improving the Integrated Development Plan (IDP). Local governments in South Africa are legally mandated to foster participatory development through IDP, which aim to address imbalances from the predemocratic era and improve socioeconomic conditions. Despite the democratic foundation of these policies, youth participation in IDP formulation remains markedly low. This discrepancy is particularly troubling given the substantial role that youth played in achieving democracy and the proverb that today's youth are tomorrow's leaders. The paper argues that the absence of effective mechanisms for youth participation has led to significant social deficiencies. The paper is conceptual and is grounded in social capital theory. The study uses a qualitative desktop research method, relying on existing literature. The findings reveal that the lack of youth participation in IDP contributes to various problems, including inadequate service delivery, violent protests, substance abuse, and social delinquency. It recommends the establishment of practical and inclusive mechanisms to better engage young people in the IDP process, thus addressing the current gaps and promoting more equitable development outcomes. Young people's ignorance and the lack of efficient and inclusive mechanisms to promote participation of youth have produced numerous social deficiencies. These problems hinder community development and social transformation. Therefore, this paper concludes that training programs, youth dialogues, and political education should be developed to improve youth understanding of local government processes.
DOI 10.36096/ijbes.v6i4.6302 Crossref citations2 OpenAlex citations
JOURNAL ARTICLEMalesela Masenya
International Journal of Business Ecosystem & Strategy · 2024
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The purpose of the study is to examine the factors and physiognomies that perpetuate unequal allocation and distribution of land between men and women in rural areas. Land is regarded as an instrument towards poverty reduction, increased economic growth and economic development. Gender inequality on allocation of resources such as land continues to manifest not only in African countries but throughout the globe. Moreover, the criteria in which the land is allocated plays a pivotal role in the lives of the people. The resources are still allocated based on the role played by men and women within the society. Although, the post-apartheid South African government formulated laws and policies that aimed to redress the inequalities that still exist in many communities. Cultural roles and beliefs still define how men and women should conduct themselves within the households and communities at large. The study argues that there is a continued limitation of access to and ownership of land by women. Cultural and gender stereotype still influences how land is allocated among men and women. The study concludes that due to culture, men are given the privilege to have access to land and take over their family’s inheritances while women are expected to get married and live with their husband’s family. As a result, women continue to suffer the hardest with limited access to land.
DOI 10.36096/ijbes.v6i3.4854 Crossref citations4 OpenAlex citations