• Login
    View Item 
    •   ResearchSpace Home
    • College of Law and Management Studies
    • Graduate School of Business and Leadership
    • Masters Degrees (Graduate School of Business and Leadership)
    • View Item
    •   ResearchSpace Home
    • College of Law and Management Studies
    • Graduate School of Business and Leadership
    • Masters Degrees (Graduate School of Business and Leadership)
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Strategy : the impact of Mortage Originators in South Africa.

    Thumbnail
    View/Open
    Naidoo_Kasanathan_2002.pdf (6.913Mb)
    Date
    2002
    Author
    Naidoo, Kasanathan (Leon).
    Metadata
    Show full item record
    Abstract
    This research investigated the impact of Mortgage Originators on the South African financial industry. Mortgage Originators, although an established industry in most western countries is a relatively new concept to South Africa. The study investigates the initial phase of this new industry in comparison to the trends established in countries such as Australia and USA. As this new concept has resulted in financial institutions making drastic changes, it was imperative that the first part of the research concentrated on the theory of strategy. Recent developments in strategy were discussed with strategic models and the development of strategic planning. This formed the framework for the next discussion on international trends and the current South African mortgage origination situation. A comparison between the Australian, USA and South African markets show similar trends in the start-up phase of the mortgage origination industry.A gap analysis was conducted and the findings have led to recommendations to South African financial institutions on how deal with the new mortgage origination concept. The conclusion drawn from the study clearly show that some organisations have ample resources but lack aspirations, on the other hand there are organisations that are driven by high aspiration but have meagre resource bases. On the one hand, strategic intent envisions a desired leadership position and establishes the criterion the organisation will use to chart its progress. The concept also encompasses an active management process that includes focusing the organisations attention on the essence of winning; motivating people by communicating the value of the target; leaving room for individual and team contributions; sustaining enthusiasm by providing new operational definitions as circumstances change and using intent to consistently guide resource allocations. Industry analysis is the key to strategy. The rule breakers know that it is increasingly difficult to define precisely where an industry begins and ends. You should focus on your direct competitors. The rule breakers know that rivalry is not as simple as it used to be. For many companies today it is harder to distinguish competitors from collaborators from suppliers from buyers. In Strategy it is you against the world. Today's smart leaders understand that it's difficult to know where the boundaries of the firm begin and end.
    URI
    http://hdl.handle.net/10413/3344
    Collections
    • Masters Degrees (Graduate School of Business and Leadership) [862]

    DSpace software copyright © 2002-2013  Duraspace
    Contact Us | Send Feedback
    Theme by 
    @mire NV
     

     

    Browse

    All of ResearchSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsAdvisorsTypeThis CollectionBy Issue DateAuthorsTitlesSubjectsAdvisorsType

    My Account

    LoginRegister

    DSpace software copyright © 2002-2013  Duraspace
    Contact Us | Send Feedback
    Theme by 
    @mire NV