EDITORIAL

Without a sound strategy, a business cannot succeed in the long run; which is particularly true in dynamic businesses like wine. [...]the study complements wine business research by examining the overlooked role of competitive advantage, facilitating implementation and securing profitability; a lead...

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Bibliographic Details
Published in:Journal of global business and technology 2021-10, Vol.17 (2), p.IV-VIII
Main Author: Delener, N
Format: Article
Language:English
Subjects:
Autonomy
Careers
Companies
Competition
Competitive advantage
Cooperation
Customers
Disability
Employees
Employers
Employment
Financial performance
Higher education
Leadership
Marketing
Motivation
Political leadership
Profitability
Profits
Relatedness
Tourism
Wine industry
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Summary:Without a sound strategy, a business cannot succeed in the long run; which is particularly true in dynamic businesses like wine. [...]the study complements wine business research by examining the overlooked role of competitive advantage, facilitating implementation and securing profitability; a leadership responsibility. The South African wine industry exemplifies the global wine industry, and an under-researched context, was the setting for studying this problem. Because limited information is available on the topic, an exploratory qualitative case study was employed and collected data by interviewing leadership and employees in direct contact with both leadership and customers of purposively selected businesses. The reasons for the strategy implementation failure can be summarized as the thwarting of employees' needs for competence, autonomy and relatedness, which are the levers of motivation. [...]leadership fails to secure employee satisfaction and their cooperation in implementing strategy. [...]their study develops and tests adoption of complexity science theory in sixteen Zimbabwean banks using a structured questionnaire distributed to Risk Managers.
ISSN:1553-5495
2616-2733