Decision-making structures for successful management in Zimbabwe

This article discusses one of the management attributes discovered about Zimbabwe's most successful companies - decision-making structures. Seven most successful companies from among those quoted on the Zimbawean Stock Exchange (ZSE) were selected in terms of financial and macroeconomic criteri...

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Main Author: Reinford Khumalo
Format: Article
Language:English
Published: AOSIS 1999-03-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/751
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spelling doaj-6ab94fda0dc5483fbf0fa679c688df562021-03-02T11:06:09ZengAOSISSouth African Journal of Business Management2078-55852078-59761999-03-01301142210.4102/sajbm.v30i1.751471Decision-making structures for successful management in ZimbabweReinford Khumalo0Department of Business Management, University of TranskeiThis article discusses one of the management attributes discovered about Zimbabwe's most successful companies - decision-making structures. Seven most successful companies from among those quoted on the Zimbawean Stock Exchange (ZSE) were selected in terms of financial and macroeconomic criteria in their industrial categories. The research for attributes was mainly qualitative - consisting of interviews of chief executives, departmental managers, skilled, semi-skilled, and unskilled employees of the companies. The interviewees were also asked to complete a quantitative instrument, a semantic differential. Data from the interviews were content analysed. The findings showed that these companies have both centralised and decentralised decision-making structures that are in strata. The strata consist of those decisions that concern policy matters and are made at top management level and those at middle management level that take into account the input of the employees. This attribute has had some influence in the success of these companies and could thus contribute to the success of other less successful companies with a socio-economic situation similar to that of Zimbabwe's, the host country in which the study was conducted.https://sajbm.org/index.php/sajbm/article/view/751
collection DOAJ
language English
format Article
sources DOAJ
author Reinford Khumalo
spellingShingle Reinford Khumalo
Decision-making structures for successful management in Zimbabwe
South African Journal of Business Management
author_facet Reinford Khumalo
author_sort Reinford Khumalo
title Decision-making structures for successful management in Zimbabwe
title_short Decision-making structures for successful management in Zimbabwe
title_full Decision-making structures for successful management in Zimbabwe
title_fullStr Decision-making structures for successful management in Zimbabwe
title_full_unstemmed Decision-making structures for successful management in Zimbabwe
title_sort decision-making structures for successful management in zimbabwe
publisher AOSIS
series South African Journal of Business Management
issn 2078-5585
2078-5976
publishDate 1999-03-01
description This article discusses one of the management attributes discovered about Zimbabwe's most successful companies - decision-making structures. Seven most successful companies from among those quoted on the Zimbawean Stock Exchange (ZSE) were selected in terms of financial and macroeconomic criteria in their industrial categories. The research for attributes was mainly qualitative - consisting of interviews of chief executives, departmental managers, skilled, semi-skilled, and unskilled employees of the companies. The interviewees were also asked to complete a quantitative instrument, a semantic differential. Data from the interviews were content analysed. The findings showed that these companies have both centralised and decentralised decision-making structures that are in strata. The strata consist of those decisions that concern policy matters and are made at top management level and those at middle management level that take into account the input of the employees. This attribute has had some influence in the success of these companies and could thus contribute to the success of other less successful companies with a socio-economic situation similar to that of Zimbabwe's, the host country in which the study was conducted.
url https://sajbm.org/index.php/sajbm/article/view/751
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