The Steinhoff Saga Management review - University of Stellenbosch Business School

January – June 2019

Letter from the editor

Prof Mias De Klerk

Focusing on infrastructure and economic growth

A whole year has passed since the successful launch of the first edition of USB Management Review in 2018. As always, this online publication provides us with the opportunity to showcase our research by making the research normally published in scientific journals or presented at scientific conferences available in practical format to a much bigger audience of practitioners.

A new year brings new challenges. In 2019, one of the major challenges we are facing in South Africa is the failure of Eskom to ensure a consistent supply of electricity and the devastating impact this has on the economy. For this reason, we have decided that the core focus of our first edition of 2019 will be on infrastructure and economic growth.

When everything goes well with infrastructure, we tend to forget its importance and what it takes to keep it well maintained and operational. But when infrastructure fails or becomes unreliable for whatever reason, the whole economy and all citizens feel the burden. That is why the five feature articles in this edition focus on exploring aspects of infrastructure and economic growth. It is not a secret that poor project sponsorship and management contributed to the challenges encountered with large-scale projects at Eskom. As such, it is fitting that Louw, Wium, Steyn and Gevers explored the attributes and traits that ideal project sponsors should have to help ensure the successful delivery of megaprojects.

Busi explored the relationship between infrastructure and economic growth, while Buthelezi looked at how infrastructure development can lead to higher foreign investment in Africa. Financial infrastructure is also essential to stimulate a thriving economy. Mashonga, Arun and Marwa investigated the drivers, inhibitors and future of co-operative financial institutions. Xaba, Marwa and Mathur-Helm examined agricultural cooperatives as a vehicle of economic development.

Other articles cover a range of interesting topics – for instance leadership development through coaching, secure passwords in the age of digitisation and hacking, gender issues in the workplace, the green movement, brand engagement and product knowledge.

We would like to hear from you

I trust that you will find the articles insightful and useful. In our continued striving to improve our offering to you, we would appreciate your feedback. We therefore invite you to send your comments to [email protected].

Once again, a heartfelt thank you to all the authors for their respective contributions.

Prof Mias de Klerk
USB’s Head of Research and Editorial Director: USB Management Review

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