Journal of Contemporary Management - Volume 2, Issue 1, 2005
Volume 2, Issue 1, 2005
Author P.J. Van HeerdenSource: Journal of Contemporary Management 2, pp 1 –11 (2005)More Less
Biotechnology potentially presents the third industrial revolution. Discovery of DNA composition holds unlimited gene transfer possibilities. Genes, the basis of inheritance, can be modified leading to mutation. Genetic engineering is beneficial to the petrochemical, medical and agricultural fields. Larger companies acquire smaller companies to save on R&D costs. Genetically engineered food and crops could replace pesticides and medicine. Consumer resistance to genetic engineering is the biggest risk factor. SA government released a strategy document relaying their action plans. Volatility in industry presents an insecure future with public opinion catalytic to success.
Source: Journal of Contemporary Management 2, pp 36 –45 (2005)More Less
The strategy and structure of international business : Ford 2000 (restructuring in a multinational global organisation)Source: Journal of Contemporary Management 2, pp 46 –56 (2005)More Less
The concept of International Business has two very distinct features: strategies and structures.
Using Ford Motor Company of Southern Africa as a case in point, this article examines the various strategic choices, influenced by cost pressures on the one hand and pressures for local responsiveness on the other. The same organisation will be used to evaluate the different market entry options and foreign direct investment. The determining effects of these strategies are very important for any organisation considering entering the international business arena.
The importance of the organisational structure is equally important to the strategic choices. It defines the organisational sub-units through what is known as horizontal differentiation, the location of decision-making responsibilities or vertical differentiation and finally the establishment of integrating mechanisms,
The article will be based on published research as well as assumptions with relevant justifications. The references to expert judgements where applicable will add value to the development of managers, preparing them to meet the challenges of International Business's strategies and structures.
When in Rome, converse as the Romans do : effective cross-cultural communication is the bridge between mediocrity and successAuthor Suzaan MareeSource: Journal of Contemporary Management 2, pp 57 –71 (2005)More Less
When companies become multi-national, the business methodology followed by employees need to be reviewed for applicability abroad. Often companies continue applying the "culture norm" that, 'what worked is going to continue working because people despite their cultures are basically the same'. If managers truly understand that what works in Japan cannot be homogenized and shipped to Canada and used with equal success the process of understanding and utilizing cultural differences to grow the company can begin. It aims to capture these, sometimes elusive, truths about differences in how cultures view and approach communication and put them at managers' fingertips. Several topics will be covered to highlight relevant considerations; firstly, a basic outline of communication and its components; secondly, cultural differences, specifically regarding communication; then, criteria necessary for cross-cultural effectiveness and lastly, using different tactics for different cultures to achieve goals successfully.
Author M.V. SlabbertSource: Journal of Contemporary Management 2, pp 72 –80 (2005)More Less
The scholarly journal fulfils various important functions by informing the knowledgeable readers about developments and opinions. The publishing medium (ranging from the traditional printed on paper to the more recent developments of electronic publishing) creates certain publishing limitations and opportunities. This article explores the discussions about the future existence of the scholarly journal, especially in the printed format. The strong and weak points of the digital journal are explored as well as an evaluation of the controversial ideas of Harnad on digital publishing. The conclusion of the review is that there is a place for peer-reviewed scholarly journals, no matter of the publication mode. With the development of technology, the Internet can play a much greater role in this regard. The changes are expected to be gradual rather than abrupt.
Author Lenny DunmarkSource: Journal of Contemporary Management 2, pp 81 –97 (2005)More Less
The world is becoming increasingly smaller and there is an aggregated need to perform cross-culturally. All sorts of organisations are facing new problems relating to a shift in focus more towards an international and crosscultural perspective. To achieve a satisfying result when managing projects in a culturally foreign environment requires preparation and knowledge.
The aim of this paper is to point out certain things to be aware of when taking on a multi-cultural project, as well as giving some examples of strategies to use. By doing so, give answers to the question of how to effectively and efficiently manage projects that take place in a multi-cultural environment.
Managing a project in a cross-cultural environment make the project more complex, however, there are various benefits to be reaped from taking advantage of the inputs of different cultures. To do so the Project Manager must keep an open mind and be aware of the differences. Failure to pay attention to foreign cultural behaviour could end the even best of projects permanently.
There is a surprising lack of research in the field of cultural differences within the field of project management. This paper is an attempt of compiling an initial overtaking to the subject.
Author C. BeukesSource: Journal of Contemporary Management 2, pp 98 –113 (2005)More Less
This paper will focus on the development and establishment of an effective project team by identifying and clarifying specific problems when building a project team. The discussion starts off with a comparison between groups and teams. The characteristics of a project team are discussed to enable the reader to identify a project team. Specific criteria to evaluate the effectiveness of a project team are identified. When team members fail to understand each other, the project goals are not achieved. The project manager needs to ensure team participation in the formulation of project goals and he/she needs to motivate the team members to strive towards achieving the project goals. Conflict amongst the team members should be resolved swiftly to ensure that team members stay focused on the task at hand.
Author G.C. SeagerSource: Journal of Contemporary Management 2, pp 114 –127 (2005)More Less
The project plan is an essential part of any project whether it is a micro or macro project. Therefore certain key fundamental issues need to be well planned in advance for the initial development of the project plan. This article will bring these key fundamentals to light and illustrate why each of them is important to the overall successful planning of the project plan and achievement of the end project deliverables and to illustrate the key fundamentals that affect all projects during their initial development of a valuable project plan These fundamentals will be related to a case study project on the Department of Justice and Constitutional Development (DoJ&CD), 'Management of Monies Held in Trust (MMT) project'.
Author C.M. BlakeSource: Journal of Contemporary Management 2, pp 128 –142 (2005)More Less
Risks and the management thereof are seen to be a crucial part of project management. The unsuccessful management of risks could lead to the downfall of an otherwise successful project. Therefore it is the purpose of this article to define risk and to understand the concept of risk.
Cashane Vending is a sole owned enterprise that owns and services various cold drink and snack machines within the greater Rustenburg area. The company is currently attempting to shift its focus to mobile advertisement boards and as a result has initiated a project to that effect. Using Cashane Vending as a basis, the tools and techniques of how to identify risks will be explored along with the various categories of risks. The probability and impact of each risk identified within Cashane Vending's project will be discussed and a severity risk matrix will be constructed. Finally risk monitoring and control will attract some attention. The various strategies that Cashane Vending can use should their risks materialise will also be examined.
Source: Journal of Contemporary Management 2, pp 143 –162 (2005)More Less
When the topic of this article is considered, a fair assumption regarding the concept of projects would be that they are indeed systems in which various resources are managed to achieve specific goals. This assumption, based on the general accepted definition of a system being an organised sum of coordinated and interacting parts, rings true when people, equipment, materials and resources (all interacting parts) are managed (coordinated) to achieve these set goals. <br>Using the Green Scheme project in Namibia, this article will examine the relationship of the project management system with its environment, various viewpoints of the project management system, the dynamics and characteristics of projects and project management, as well as the project management process. Through this examination the article will validate the importance of these issues and how organisations relate to them, especially regarding the success or failure of a project.
There are specific organisations involved in the Green Scheme project, which will be used to demonstrate the functional implications of certain assumptions made in the article. These assumptions with relevant justifications are critical to the value that this article can add to the development of project managers. The Green Scheme project therefore presents a research opportunity, examining the possibility and long-term sustainability of a project that relies on progressive elaboration. The research objective would be to prove assumptions to be relevant or not, supporting the challenge to assist the Namibian Government in successfully establishing a proud legacy for their President.
Based on published research, expert judgements and personal experiences, the article will endeavour to add practical relevance to the study field of project management.
Source: Journal of Contemporary Management 2, pp 163 –169 (2005)More Less
In principle entrepreneurs have been viewed as those people who are ready to put everything on the line in order to make their company work "success at all costs". Project managers have felt stuck in the role and often battle to progress to alternative careers. This paper explores the career opportunities for both the entrepreneur and the project manager. It proposes possibilities for project managers to advance to the position of chief executive officer and for the entrepreneur to bring entrepreneurial skill to learning organisations. Recent research and current articles are reviewed and the career outlook for both the project manager and the entrepreneur is explored.
Source: Journal of Contemporary Management 2, pp 170 –179 (2005)More Less
Project management has to forecast the market needs and demands for better and ever improved practises. These demands are grown primarily out of the uniqueness of projects. This paper reviews entrepreneurial concepts in the learning organisation and the new business venture, both technically and characteristically.
The intention with the paper is to generate ideas, styles, techniques and possible new methods of project handling, execution and control. These concepts are sourced from entrepreneurial values and methods both implemented and researched over the past fifteen years. Methods of communication and influence as well as knowledge transfer and knowledge sharing are explored purely for the purpose of thinking about project management, outside of the box.
Source: Journal of Contemporary Management 2, pp 180 –186 (2005)More Less
The entrepreneur and the project manager have something in common. They both require the ability to take initiative with a view to success. This article explores the possibility that the project manager and the entrepreneur share some common skills or characteristics and identifies these commonalities by first defining the entrepreneur and project manager, and then verifying their skills and characteristics against traditional findings.
The most common characteristics of the project manager are matched with skills required of an entrepreneur, with more than 60% of the characteristics having matching skills. This article tabulates the findings and supports the value of the finding with current research.
Author D.F. BoninelliSource: Journal of Contemporary Management 2, pp 187 –201 (2005)More Less
This article focuses on various people problems that project managers encounter ranging from the team members having a functional management loyalty, to having the inappropriate staff for a project. The article then looks at the key competencies required by project managers to manage successful outcomes.
The article looks at the restructuring and realigning of the Protea Emergency Service call centre as a project. Various solutions to these problems are proposed and a framework of skills and competencies required by the project manager in order for him/her to make a success of the project are discussed. The article also touches on the importance of leadership as one of the skills that a project manager requires. An assessment of the skills that the Protea Emergency Service project manager used and the identification of skills and competencies that were lacking are also addressed.