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Exploring enablers and hinders to business model innovation in the insurance industry

Mini Dissertation (MBA)--University of Pretoria, 2022.

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Other Authors: Olivier, Johan
Format: Thesis
Language:English
Published: University of Pretoria 2023
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access_status_str Open Access
author2 Olivier, Johan
author_browse Olivier, Johan
author_facet Olivier, Johan
collection Thesis
dc_rights_str_mv © 2023 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, 2022.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:39.821Z
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
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/90900 Exploring enablers and hinders to business model innovation in the insurance industry Olivier, Johan ichelp@gibs.co.za Mahlangu, Mandla UCTD Mini Dissertation (MBA)--University of Pretoria, 2022. The South African life insurance industry has traditionally operated the same way over centuries. However, given the volatile environment that is characterised by uncertainty, complex and ambiguous in recent times, the insurance industry must find other ways to survive. To demonstrate the need, there has been growing interest in understanding Business Model Innovation in a Dynamic Capability lens. To fill the gap, this study explored enablers and barriers of Business Model Innovation in the South African life insurance Industry. Further aimed to understand what key internal capabilities are needed to enable an effective Business Model Innovation process. At the same time, unpacking key initiatives that were implemented during the COVID-19 pandemic. To under answer these objectives a qualitative study was conducted to get deeper insights through 15 semi-structured interviews held with experts in the industry. A thematic approach to research design where themes were assigned to the data gathered was conducted. The findings from the study were that the main enablers and barriers to business model innovation were structured at multifaced levels: individual, organisational, and institutional. In addition, specific finding on internal capabilities that were needed at an organisational level related to the ability to deploy new structures in organisations. Finally, digitalise the business model to be future ready. pt23 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2023-05-28T16:59:47Z 2023-05-28T16:59:47Z 19-04-2023 2022 Mini Dissertation * A2023 http://hdl.handle.net/2263/90900 en © 2023 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
Exploring enablers and hinders to business model innovation in the insurance industry
title Exploring enablers and hinders to business model innovation in the insurance industry
title_full Exploring enablers and hinders to business model innovation in the insurance industry
title_fullStr Exploring enablers and hinders to business model innovation in the insurance industry
title_full_unstemmed Exploring enablers and hinders to business model innovation in the insurance industry
title_short Exploring enablers and hinders to business model innovation in the insurance industry
title_sort exploring enablers and hinders to business model innovation in the insurance industry
topic UCTD
url http://hdl.handle.net/2263/90900