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Identifying the key decisional aspects for multifocal financial service providers in South Africa

Dissertation (MSc (Industrial Engineering))--University of Pretoria, 2022.

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Other Authors: De Vries, Marne
Format: Thesis
Language:English
Published: University of Pretoria 2023
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access_status_str Open Access
author2 De Vries, Marne
author_browse De Vries, Marne
author_facet De Vries, Marne
collection Thesis
dc_rights_str_mv © 2022 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 Dissertation (MSc (Industrial Engineering))--University of Pretoria, 2022.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:18.923Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/89900 Identifying the key decisional aspects for multifocal financial service providers in South Africa De Vries, Marne u15134068@tuks.co.za Schnetler, Henry Ignatius Financial Engineering Financial Industry Business Considerations Strategic Planning Financial Service Providers UCTD Dissertation (MSc (Industrial Engineering))--University of Pretoria, 2022. In South Africa during the last decade, the topic of Financial Service Providers (FSPs) has received significant attention from practitioners and associations, but limited academic literature exists on the topic. In 2012 an industry survey was done that highlighted the key barriers to the growth of FSPs. A similar research study was conducted in 2016 that focused on risks for FSPs that confirmed the findings of the 2012 survey. Since then, no other academic studies that focussed on multifocal FSPs within South Africa were found. A literature review based on the structure of a systematic literature review was conducted in 2020, followed by several informal interviews providing the necessary context to phrase the main research question of this study: What are the aspects that need to be considered for the strategic future of multifocal FSPs in South Africa? Answering the main research question, a mixed methods research methodology was used, applying convenience sampling to conduct two cycles of data-gathering. Using the initial decision aspects identified during a literature review, the first data-gathering cycle used four diverse FSPs via expert interviews, to extract decision aspects, producing extended decision aspects. The second cycle of data-gathering used a survey of nine independent financial advisors to validate whether the extended decision aspects identified from the interviews, as well as business and academic literature, are relevant to industry, producing refined decision aspects. As part of the second data-gathering cycle, the 2012 survey questions were replicated to provide context for the survey participants and their financial services and operating context. Demonstrating the practical use of the decision aspects, the study extracts relevant decision aspects to indicate how the aspects could be used to guide decisionmaking for the four FSPs interviewed during the first data-gathering cycle. The main contribution of this dissertation is to present a comprehensive list of decision aspects that will be useful to multifocal FSPs in guiding their enterprise re-design initiatives. A secondary contribution is to demonstrate how the decision aspects can be used to guide the four FSPs, during future strategic decision-making. The study concludes with future research opportunities identified from the findings. Industrial and Systems Engineering MSc (Industrial Engineering) Unrestricted 2023-03-01T11:44:30Z 2023-03-01T11:44:30Z 2023-05-12 2022 Dissertation * A2023 https://repository.up.ac.za/handle/2263/89900 10.25403/UPresearchdata.22189519 en © 2022 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 Financial Engineering
Financial Industry
Business Considerations
Strategic Planning
Financial Service Providers
UCTD
Identifying the key decisional aspects for multifocal financial service providers in South Africa
title Identifying the key decisional aspects for multifocal financial service providers in South Africa
title_full Identifying the key decisional aspects for multifocal financial service providers in South Africa
title_fullStr Identifying the key decisional aspects for multifocal financial service providers in South Africa
title_full_unstemmed Identifying the key decisional aspects for multifocal financial service providers in South Africa
title_short Identifying the key decisional aspects for multifocal financial service providers in South Africa
title_sort identifying the key decisional aspects for multifocal financial service providers in south africa
topic Financial Engineering
Financial Industry
Business Considerations
Strategic Planning
Financial Service Providers
UCTD
url https://repository.up.ac.za/handle/2263/89900