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Critical competencies of successful business rescue practitioners in South Africa

Mini Dissertation (MBA)--University of Pretoria, 2019.

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Other Authors: Whittaker, Louise
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Whittaker, Louise
author_browse Whittaker, Louise
author_facet Whittaker, Louise
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2019.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:40:14.504Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/73996 Critical competencies of successful business rescue practitioners in South Africa Whittaker, Louise ichelp@gibs.co.za Mphuthi, Tlhalefo UCTD Mini Dissertation (MBA)--University of Pretoria, 2019. The success rate of business rescue in South Africa remains low and the intention of the Department of Trade and Industry to save jobs is not being achieved. Business rescue is a growing area of business focus in South Africa due to an increase in the number of companies filing for business rescue. There is a need for empirical research on factors that influence the success of business rescue. This study explores the foundational competencies of successful business rescue practitioners in South Africa and the required domain knowledge to supports these competencies. The study was a qualitative, exploratory study that gathered data through 15 detailed, semi-structured interviews with business rescue practitioners, academics, legal experts, banking professionals and turnaround experts. Literature revealed four higher-order competencies for business rescue practitioners, namely sense making, decision making, integration and collaboration. The study confirmed these higher-order competencies and expanded to the foundational competencies that are crucial for these higher-order competencies. The research also confirmed that business management, legal knowledge and finance domain knowledge are the required domain knowledge areas that support business rescue competencies. A key finding that further emanated from this study is the need for a turnaround mindset and upholding high ethical standards amongst business rescue practitioners in South Africa. The findings of this study were integrated into a Business Rescue Practitioner Competencies Model that may aid managers in selecting and evaluating business rescue practitioners, it may guide accreditation bodies and learning institutions in developing training material for business rescue practitioners and assist business rescue practitioners to enhance their competencies. tk2020 Gordon Institute of Business Science (GIBS) MBA 2020-04-06T10:00:12Z 2020-04-06T10:00:12Z 2020/04/01 2019 Mini Dissertation Mphuthi, T 2019, Critical competencies of successful business rescue practitioners in South Africa, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/73996> http://hdl.handle.net/2263/73996 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Critical competencies of successful business rescue practitioners in South Africa
title Critical competencies of successful business rescue practitioners in South Africa
title_full Critical competencies of successful business rescue practitioners in South Africa
title_fullStr Critical competencies of successful business rescue practitioners in South Africa
title_full_unstemmed Critical competencies of successful business rescue practitioners in South Africa
title_short Critical competencies of successful business rescue practitioners in South Africa
title_sort critical competencies of successful business rescue practitioners in south africa
topic UCTD
url http://hdl.handle.net/2263/73996