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The Impact of organisational culture on successful strategy execution in the short-term insurance industry

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

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Other Authors: Vermaak, Andre
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Vermaak, Andre
author_browse Vermaak, Andre
author_facet Vermaak, Andre
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 2026-06-10T12:37:27.084Z
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:2263/74023 The Impact of organisational culture on successful strategy execution in the short-term insurance industry Vermaak, Andre ichelp@gibs.co.za Sewpersad, Renay UCTD Mini Dissertation (MBA)--University of Pretoria, 2019. Edgar Schein (2004) defined culture as a “common set of values and beliefs” of the people within an organisation. Very often, in the modern context, are companies fighting for a differentiating factor which will afford them a competitive edge in the market. This rings especially true for the short-term insurance industry, which is essentially offering a product, but the service and experience for the client is a critical part of sealing the deal. Strategy is the organisations plan of action to accomplish its long, and short-term goals via a unique value proposition to clientele. However, in most organisations, strategy formulation is not the problem; the difficulty is strategy execution. Though there is a vast body of literature on the two separate subjects of culture, and strategy execution, there is very little describing the interconnection in the short-term insurance industry in South Africa and the influence organisational culture has on successful strategy execution, as well as predictability. The approach to this study was quantitative using a questionnaire, distributed electronically, to accumulate all relevant data pertinent to organisational culture and strategy execution. Statistical Package for the Social Sciences (SPSS) was used to analyse the 110 useable responses received, thus enabling the computation of the Pearson’s correlation coefficient and regression coefficients. There were a total of six (6) hypotheses; from the analyses executed there were five (5) cases of partial association between the organisational culture dimensions with each individual strategy execution dimension; however, in the 6th hypothesis tested, there was no association at all, thus we failed to reject the null hypothesis in that instance. With the partial associations for hypotheses one through 5, the correlations varied between weak, medium and strong. This research attempts to contribute to the current literature on organisational culture and the interconnectedness with strategy execution. It is hoped that this work will be of use to managers in the short-term insurance industry in South Africa. ms2020 Gordon Institute of Business Science (GIBS) MBA 2020-04-06T10:00:25Z 2020-04-06T10:00:25Z 2020/04/01 2019 Mini Dissertation Sewpersad, R 2019, Impact of orgaisational culture on successful strategy execution in the short-term insurnace industry, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/74023> http://hdl.handle.net/2263/74023 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
The Impact of organisational culture on successful strategy execution in the short-term insurance industry
title The Impact of organisational culture on successful strategy execution in the short-term insurance industry
title_full The Impact of organisational culture on successful strategy execution in the short-term insurance industry
title_fullStr The Impact of organisational culture on successful strategy execution in the short-term insurance industry
title_full_unstemmed The Impact of organisational culture on successful strategy execution in the short-term insurance industry
title_short The Impact of organisational culture on successful strategy execution in the short-term insurance industry
title_sort impact of organisational culture on successful strategy execution in the short term insurance industry
topic UCTD
url http://hdl.handle.net/2263/74023