5 research outputs found

    The rise of populism in the West and its impact on free trade

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    Abstract: Many Western populist political leaders have risen to prominence in their countries on an anti-globalisation, anti-trade and anti-foreign platform. Free trade is no longer in favour. Instead, populist agendas of protectionism and nationalist, inward-looking policies are the order of the day. Opposition to trade and trade agreements has increased. In this paper the following issues are examined: populism, free trade, opposition to trade, the benefits of free trade and the costs of protectionism

    Foreign Direct Investment Plans of Multinational Enterprises Currently Operating in South Africa

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    The objective of this study was to examine factors in the South African business environment that influence the foreign direct investment decision-making plans of multinational enterprises in the country. Although studies on foreign direct investment do exist, they have focused primarily on the determinants of foreign direct investment. Relatively little is known about the dynamics of foreign direct investment plans of multinationals already operating in the country. An internet survey was conducted with 76 senior executives from South African multinational enterprises. The findings demonstrate that macroeconomic, political, government policy, labour issues, bureaucracy, red tape, corruption and crime all influence the investment plans of these enterprises. However, despite this evidence, the multinationals do not intend to close down some or all operations in the country within the short term (next 1-3 years). This study expands the body of knowledge on foreign direct investment and multinational enterprises, shedding light on their operations and investment plans in African countries. This research will be useful for policymakers in South Africa as to decision-making by multinationals on foreign direct investment in the country. The study is also a starting point for future research on the dynamics behind foreign direct investment decision-making.   &nbsp

    Intercultural business ethics (IBE) : a teaching handbook

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    This book is a practical handbook for lecturers teaching Intercultural Business Ethics (IBE) in higher education. It is the result of collaboration between lecturers from South Africa, China and Switzerland in an ongoing intercultural teaching project. The basic idea is that students discuss ethical dilemmas from the business world in culturally mixed groups and present their joint solution proposals in a short video. The handbook aims to help facilitators of the peaceful coexistence of countries and cultures

    Human capital development (HCD) risks in the African hospitality industry

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    Abstract: This study was inspired by an interest in understanding how African hospitality managers view human capital development (HCD) or training risk, which, as an emerging field, is worthy of investigation. Human capital risks may result from management actions or inactions and may cause financial or reputational damage, loss of talent and dynamic capabilities. Examples of HCD inactions may be failure to transfer training, lack of agreement between line managers and HCD practitioners’ priorities, or lack of insight into the organisation’s strategic direction. A sample of 32 managers in 12 hospitality organisations in Namibia and South Africa was interviewed to explore their perceptions of HCD risk. It was found that little knowledge exists about HCD risks. Similar risks were found to be prevalent in the hospitality industries in the two countries, which were high employee turnover, low levels of employee and management commitment, which resulted in poor performance. Theoretically, this article contributes to the body of knowledge on HCD in the unique African context. Its practical contribution is that it creates awareness about HCD risk and the benefits of managing it

    A business perspective on ROI and risk management in human capital development

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    Abstract: Human capital development (HCD) improves employee development, which improves business results. HCD is measured to prove business impact. Organisations in Africa and South Africa are challenged when calculating ROI in HCD interventions. This article presents the business perspectives on HCD benefits, highlighting the ROI and risk aspects. The argument is that although there are productivity, customer satisfaction and competitive advantage benefits to HCD, if the ROI is not calculated the impact on business results remain elusive. It is only when HCD risks are measured and managed that HCD manifests a positive impact on business results. The contribution of this article is to add to the body of knowledge on HCD, ROI and risk measurement in the African and South African context. The practical contribution is the highlighted business benefits of effective and efficient HCD management. The article allows HCD managers to embrace business innovation in their human development strategy