- Research Journal of Business and Management
- Vol: 3 Issue: 3
- FACTORS AFFECTING EFFECTIVE MANAGEMENT OF LIMITED RESOURCES IN SOUTH AFRICAN COMPREHENSIVE UNIVERSIT...
FACTORS AFFECTING EFFECTIVE MANAGEMENT OF LIMITED RESOURCES IN SOUTH AFRICAN COMPREHENSIVE UNIVERSITIES
Authors : Winnie Dlamini
Pages : 219-233
Doi:10.17261/Pressacademia.2016321994
View : 8 | Download : 4
Publication Date : 2016-09-30
Article Type : Research
Abstract :The recent #FeesMustFall campaign coupled with the declining funding of universities calls for effective management of limited resources. Since procurement is the largest expense accrual function in any organisation, these institutions have more obligation of being responsive to the management of limited resources. The purpose of this article is to determine the factors affecting the effective management of the limited resources in South African comprehensive universities. A qualitative approach using multiple cases was adopted. Face-to-face interviews were conducted using open-ended questions. The findings revealed that the effective management of limited resources in the South African comprehensive universities is affected by the policies, non-compliance, thresholds, supplier rotation and centralisation. Consequently, these institutions do not contribute sufficiently to the university’s overall objectives for competitive advantage and sustainability. It is recommended that South African comprehensive universities streamline operations, remove internal barriers, impose strict compliance measures and communicate the vision across the university.Keywords : South African comprehensive universities, limited resources, procurement best practıces