Mafikeng site of delivery relocates to new offices

Your life will change after an MBA!

AMBA-akkreditasie vir periode van vyf jaar

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Maart 2017 • March 2017

Mafikeng site of delivery relocates to new offices

Prof Raymond Parsons honoured for being most quoted in the 2015 period

Besigheidskool verwesenlik die droom van AMBA-akkreditasie vir periode van vyf jaar

Know for certain, your life will change after an MBA!

Prof Bisschoff enjoys the hospitality of Atlanta (GA)

“Gebruik jou talente en uniekhede tot jou voordeel”, sê kundiges by Play Your Part-projek

Nagraadse Diploma: Die padkaart na jou MBA

Babson College inspires entrepreneurial training

Global Expo Trip to Gaborone, Botswana

Nuusbrokkies • News in briefNWU-SBKB BeleidsonsekerheidsindeksProject Management for the SAPSSBAB’s Programme in Business ManagementNon-financial Managers Finance for the Department of Education

Gelukwense • Congratulations

Totsiens, maar nie vaarwel nie

In Memoriam

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@ Business School Redakteur: Marilize Minné e-pos marilize.minne@nwu.ac.za Tel: 018 299 1412

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Mafikeng site of delivery relocates to new officesThe NWU School of Business & Governance, Mafikeng site of

delivery, has relocated to a new office complex at Leopard Park, Mafikeng. The official opening of the new offices was held on 24 November with a ceremony attended by the Vice-chancellor of the NWU, Prof Dan Kgwadi.

The relocation was the end result of a re-accreditation phase in 2013/2014. This has led to the unification of the Potchefstroom Business School and the Graduate School of Business on the Mafikeng Campus into the NWU School of Business and Governance. A single MBA programme at NQF level 9, Post-graduate Diploma (PGDip) and Executive Management Programmes are now offered on all three campuses of the University.

The new office complex is situated in the scenic surroundings of the Leopard Park golf estate and can accommodate more than 85 students in two classrooms with state-of-the-art teaching equipment. All the academic and administrative staff are also housed in the new office block.

“This is a dream come true for the staff of the School of Business and Governance and we are looking forward to offer a professional programme and service to our communities”, said Prof Jan Meyer, manager of the School of Business and Governance.

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Prof Raymond Parsons honoured for being most quoted in the 2015 period

The North-West University held its seventh annual Spokespersons of the

Year awards evening for the 2015 period on 15 November 2016.

Academics, researchers and other NWU faculty members were acknowledged for their positive contribution to the media landscape by sharing their expertise.

The individual quoted the most in 2015 of all NWU spokespeople was Prof Raymond Parsons of the NWU School of Business and Governance. He was mentioned in the media more than 300 times. In addition to his prize money, Prof Parsons also received a floating trophy for his contribution. The first runner-up in this category was Prof André Duvenhage from the focus area Social Transformation in the Faculty of Arts, followed by Mr Theo Venter also from the NWU School of Business & Governance.

The awards are a way of recognising the outstanding efforts of various experts who keep the public educated and informed. In 2015 a total of 8 958 media mentions of the NWU were monitored. This is an increase of more than 1 700 on the 2014 numbers.

The 2015 articles had a total advertising equivalent value of R 197 090 792. This is an increase of more than R 100 000 000, compared to the previous year. Of the media

items that were analysed, 3 972 appeared in the print media, 775 in broadcast media and 4 211 in the online media.

According to Prof Raymond, it is gratifying that the public intellectual role played by NWU academics is recognised at the highest level in the University and he is greatly honoured to have received the media award for 2015. “The essence of academic professionalism is ‘knowledge in action’ and the media is an indispensable mechanism for making it generally accessible”.

Prof Raymond also says that the global and national challenges now facing South Africa make it even more important for academic colleagues to prominently share their expertise and research to promote public debate and help find solutions. He therefore hopes that many more NWU academics will be encouraged to share their analysis and research with the wider public through active outreach and thereby enhance the image of NWU.

Prof Raymond Parsons and Prof Dan Kgwadi during the annual spokesperson of the year awards at the end of 2016.

Prof Raymond Parsons with the trophy for his contribution.

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Besigheidskool verwesenlik die droom van AMBA-akkreditasie vir periode van vyf jaarDie NWU Skool vir Besigheid en Korporatiewe Bestuur (NWU SBKB) is vir ‘n

tydperk van vyf jaar AMBA-akkreditasie toegestaan.

Hierdie intensiewe proses om akkreditasie te bekom was inderdaad ‘n spanpoging wat harde werk en uithouvermoë vereis het. Volgens die direkteur, prof Tommy du Plessis, het die feit dat die NWU SBKB ‘n nuwe MBA aan die begin van 2016 bekendgestel het, sowel as die feit dat die twee besigheidskole van die NWU saamgesmelt het, hierdie taak uitsonderlik uitdagend gemaak. Volgens hom is hierdie behaling van die vyf jaar-akkreditasie ‘n bonus vir die Skool.

Die Association of MBAs (AMBA), geleë in Londen in die VK, het die Skool op 18 en 19 Oktober verlede jaar vir die assesseringsproses besoek. Die voormalige Potchefstroom Besigheidskool is deur hierdie assesseringsliggaam vir die eerste keer op 3 en 4 Oktober 2013 geassesseer en is vir ‘n tydperk van drie jaar geakkrediteer. Hierdie jaar spog die splinternuwe NWU Skool vir Besigheid en Korporatiewe Bestuur met internasionale akkreditasie vir vyf

jaar – die langste tydperk waarvoor die AMBA MBA-grade akkrediteer. Ander akkrediteringstydperke is een en drie jaar.

Volgens die AMBA was die volgende opmerklik:

• Die Skool het beduidende vordering sedert die vorige assessering gemaak, en vervul baie van hul ambisieuse planne terwyl AMBA-aanbevelings aangespreek word.

• Die eenwording van die drie kampusse blyk suksesvol te gewees het. • Die nuwe skoolgebou bevorder beduidend die onderrig- en leer-ruimte. • Alle belanghebbendes het ‘n positiewe indruk van hul interaksies met die

Skool. Dit word professioneel bestuur en trek voordeel vanuit ‘n kollegiale omgewing.

• Die gemeenskapsprojek is potensieel onderskeidend.

Die volgende volle herassessering van die MBA-voorsiening by die Skool sal in Oktober 2021 onderneem word.

Prof Jan Meyer (NWU Business School), Prof Tommy du Plessis (Director: NWU Business School), Prof Fika Janse van Rensburg (Rector: NWU Potchefstroom Campus), Prof Dan Kgwadi (NWU: Vice-chancellor), Mr Tim du Plessis (Former editor-in chief: Media24), Prof Herman van der Merwe (Dean: Vaal Triangle Campus: Economic Sciences and IT), Prof Raymond Parsons (Chairperson of the Business School’s advisory board: NWU Business School), Prof Jan van Romburgh (Dean: Potchefstroom Campus: Economic and Management Sciences), Prof Susan Visser (Vice-rector: Research and Planning) and Prof Rantoa Letšosa (Vice-rector: Teaching-learning).

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Know for certain, your life will change after an MBA!This year, the opening ceremony of the MBA study school of the NWU

School of Business & Governance was something to behold. More than 400 people attended the event on 30 January in Potchefstroom, which included students, members of staff and VIPs. “For the Business School, it is a great privilege to have such a great turn-out and we are thankful that we are the School of their choice!”

During his welcoming speech, Prof Tommy guaranteed each student present’s life will change and that he or she will leave here a different person. Prof Dan Kgwadi congratulated the Business School with their AMBA accreditation, which has been awarded for a period of five years, and also congratulated them with the achievement of the unification, where he stated that the Business School has taken the lead with their unification. Prof Kgwadi described the leadership of the rectors and deans during this process as commendable.

He also thanked Prof Tommy for his leadership, especially during the AMBA accreditation.

After Prof Kgwadi’s inspirational message, the guest speaker, Tim du Plessis (former editor of Rapport, Beeld as well as the Citizen), shared his perspective around South Africa and the World in uncertain times. In May 2014, Du Plessis retired as editor-in-chief of Media24’s Afrikaans titles.

We are looking forward to the academic year, and we thankful for the HUGE turn-out!

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Prof Bisschoff enjoys the hospitality of Atlanta (GA)During the first week of November last year, Prof Christo Bisschoff attended the

21st Conference of the Society for Marketing Advances in Atlanta, Georgia. The conference was hosted at the Marriott Buckhead Hotel in Lennox Square, which is an area similar in luxury to Rodeo Drive in Los Angeles. Needless to say, the academic budget did not stretch that far, and therefore Christo resorted to the daily bus trip to and from the venue. Strangely, Atlanta bus fares are charged in ‘Marta’, which is worth approximately $2.00.

During the conference, Christo met with Prof Sam Fullerton (who is the external moderator for the module Marketing Management and also an extra-ordinary professor of the Business School) as well as Prof Larry Neale from Queensland, Australia, to present their communal paper on Technomarketing. Christo also presented a second paper that stems from research on green marketing by one of his MBA students, Phillip Liebenberg.

During the conference, Christo had the opportunity to meet Prof V Kumar, a world-renowned guru on marketing, as well as the marketing and business research icon Prof Joseph Hair. He describes these meetings as inspirational yet humbling in the way these gurus operate and the contribution they make academically, as well as in practice.

In addition to the conference, Christo also made an effort to visit the World of Coca-Cola and the Central News Network in downtown Atlanta. He describes the visit to the World of Coke as fantastic and a must see for any business academic ever passing by Atlanta. A business visit to CNN, on the other hand is, apart from possessing the longest stairway, highly over-rated. While in Atlanta, the local cuisine

at The Varsity was also sampled. The Varsity is the world’s largest drive-in restaurant, founded in 1928 in the central academic area of Athens in Atlanta. This is also the venue where Coke’s marketers experiment with new cold drink products, providing it free of charge and monitoring customer preferences (their hotdogs are rather mediocre though!). Regarding a culinary experience, Christo insists that nothing, but nothing has the taste or value for money than a real American old-style diner! The gumbo, well, you can scratch it off your bucket list.

“Gebruik jou talente en uniekhede tot jou voordeel”, sê kundiges by Play Your Part-projekProf Tommy du Plessis van die NWU Besigheidskool was een van vyf

paneellede wat deelgeneem het aan die Handelsmerk Suid-Afrika se Play Your Part-program waartydens inwoners aangemoedig word om ‘betrokke te raak’ en hul deel binne hul gemeenskappe te doen. Almal is dit eens dat Suid-Afrika meer entrepreneurs en kleinsakeondernemings benodig.” Ons mis geleenthede omdat ons nie van die kundiges leer nie”, het prof Tommy gesê.

Vir die NWU Skool vir Besigheid & Korporatiewe Bestuur is projekte van dié aard van groot belang. Ons gee graag ons deel terug in die gemeenskap, veral waar vaardighede ter sprake kom.

In 2016 het Handelsmerk Suid-Afrika en sy interaktiewe Play Your Part-kubus regoor ses provinsies gereis om ’n gees van aktiewe burgerskap binne

gemeenskappe aan te moedig. Die 2017-program in die Noordwes Provinsie het voortgegaan om aktiewe burgerskap te inspireer en die sprekers, wat deel van die program uitgemaak het, was inspirerend. Beatrix Bouwman, ’n oud MBA-alumnus aan die Besigheidskool het die gehoor aangemoedig om die vaardighede wat beskikbaar is tot hul voordeel aan te wend en om saam te staan om die gemeenskap te ondersteun. “Elke uitdaging is ’n geleentheid, dit is die manier waarop jy daarna kyk wat die verskil maak”, het sy gesê.

Prof Tommy het bygevoeg dat daar ’n tekort aan mentors/leiers is wat opkomende entrepreneurs en kleinsakeondernemers toerus met die nodige vaardighede om ’n besigheid suksesvol op die been te bring en te bestuur. Hy het ook gesê dat die nodige entrepreneurskapsvaardighede op ’n baie vroeë ouderdom bekom moet word.

Prof Tommy in onderhoud met SABC, na afloop van die projek.

Beatrix Bouwman, ’n oud MBA-alumnus aan die Besigheidskool is die NWU-gemeenskapsverteenwoordiger.

Prof Tommy du Plessis van die Besigheidskool was een van vyf paneellede wat deelgeneem het aan die paneelbesprekeing vir Handelsmerk Suid-Afrika se Play Your Part-program.

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Nagraadse Diploma: Die padkaart na jou MBA

Voltydse groep diploma-studente, tydens die ontvangsgeleentheid by die NWU Botansiese Tuine op 3 Februarie.

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Die jaar 2017 is die jaar vir menige eerstes wanneer daar na die Nagraadse Diploma in Bestuur verwys word. Hierdie uiters gewilde

program, wat ook die pad na jou MBA moontlik kan maak, word op voltydse en deeltydse basis deur die NWU Besigheidskool aangebied.

Hierdie spogprogram ontvang die grootste aantal aansoeke nóg sedert sy bestaan en dit onder nóg ’n strenger keuringsproses as in die verlede. “Studente kan trots wees om tot hierdie program toegelaat te word; ons het die room uitgesoek”, sê prof Tommy du Plessis.

Tog het hy hulle aangemoedig om so gou moontlik ondervinding op te doen, om in die nabye toekoms ook vir die MBA te kwalifiseer.

Dr Marius de Beer (NG-predikant by Grimbeekpark-gemeente in Potchefstroom), een van die eerste studente wat in 2010 sy diploma by die Besigheidskool gedoen het, het die studente tydens die

2017-openingsgeleentheid by die Botaniese Tuine toegespreek en die diploma met ’n valskerm vergelyk. “In die werkplek het jy ’n valskerm nodig wat sagte landings verseker, so is die Nagraadse Diploma. Dit rus jou toe met die nodige bestuursvaardighede om die wind van voor te keer en ’n sagte landing te verseker.”

Daar is tans 150 studente vir die voltydse program in Potchefstroom aanvaar, 140 deeltydse studente (Potchefstroomkampus en Vaaldriehoekkampus) asook 110 deeltydse studente vir die afleweringspunt in Mafikeng.

Vanjaar sal ook ’n eerste wees waar deelnemers ’n volle studieskool bywoon. Twee van die vakke, naamlik Algemene Bestuur en Finansiële Verslagdoening, word as blokke by die studieskool aangebied.

Babson College inspires entrepreneurial trainingEarlier this year, Prof Stephan van der Merwe visited Babson College in

Boston to soundboard his Entrepreneurship training philosophy with experts in the field. Here, he sketches the background.

Babson College is a private university in America with the distinction that, for decades already, it has been rated as the best in entrepreneurship training on ratings lists. The University took the lead in entrepreneurship training with the philosophy that entrepreneurship can, in fact, be learnt. Jeffry Timmons, the author of probably the most prescribed textbook in Entrepreneurship, New Venture Creation, and a professor in Entrepreneurship at Babson College, placed this training on the world map in the 1970s. The training was based on the notion that entrepreneurship can be learnt and the focus was on the entrepreneurial process that can be taught to students through practical application and execution – similar to other workmanship training. Because Stephan has for years prescribed the Timmons textbook, he found peace of mind that his approach to entrepreneurship training is a blueprint of the approach by Babson.

Stephan, however, was privileged to have attended, in 2014, the Price-Babson Symposium for Entrepreneurship Educators, which was presented by Babson College. The course was specifically for entrepreneurship educators, and the 58 course-goers represented 14 countries. During the training, he developed other insights and according to him, the traditional approach to entrepreneurship training that he followed for years, had gaps.

Entrepreneurship training has traditionally been based on the entrepreneurial process, where entrepreneurs identify opportunities, investigate the feasibility thereof, mobilise resources (which include financing), compiling a business plan in order to roll out the plan, starting the venture, managing the venture through the different phases and then

Stephan and Prof Heidi Neck, the Jeffry A Timmons professor of Entrepreneurial Studies and head of the Entrepreneurship programme at Babson College.

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later on harvesting the venture. This is the typical approach that has to be followed in Business Schools, with an emphasis on management logic based on processes.

The process thoughts, however, have gaps. The supposition is that the inputs of the process are known, with a reasonably accurate, predictable outcome. Entrepreneurship, however, does not have a predictable outcome – it is very dynamic, and often has to be adapted to the situation. The training philosophy of Babson College consequently changed and is currently based on the Entrepreneurial Thought and Action®- (ET&A®-) paradigm. Entrepreneurship training is now considered a method to teach students with a toolbox filled with techniques and methods that they can use in order to master the dynamic entrepreneurial environment. The focus also shifted to a creative or entrepreneurial logic.

After the 2014 symposium, and fitting of a proud Babson Alumnus, Stephan systematically adapted his entrepreneurship training to the Babson College method and, in 2016, finally implemented it. For him, it was a

life-changing experience. Even though the new approach is strange to him and his students when they now build puzzles (managerial logic) and quilts (creative/entrepreneurial logic), the training is based on the effectuation approach that totally transformed entrepreneurial training. The stimulation and right brain thinking and the implementation thereof in idea generation and design thinking are a very powerful method to stimulate, especially in the corporate environment, entrepreneurial behaviour.

The purpose of his visit this year was to discuss his new training approach with Prof Heidi Neck. Prof Neck is the Jeffry A Timmons Professor of Entrepreneurial Studies and head of the Entrepreneurship programme at Babson College. She is also the president of the United States Association for Small Business and Entrepreneurship® (USASBE). USASBE is an inclusive community advancing entrepreneurship education through bold teaching, scholarship and practice. It is the largest academic organisation in the world devoted to the advancement of entrepreneurship education. She is therefore, widely acknowledged to be a leader in the field of entrepreneurship training.

At Babson, Stephan was also privileged to visit the Arthur M Blank Center for Entrepreneurship – the lifeblood of entrepreneurial activities at Babson. Several world-leading programmes and initiatives have their origin from this centre. These include, among others, the Global Entrepreneurship Monitor (GEM), the family enterprise STEP Project (Successful Transgenerational Entrepreneurship Project), and the Center for Women’s Entrepreneurial Leadership (CWEL) programme and several other executive education programmes offered by their state-of-the-art Babson Executive Conference Center (BECC). The Babson approach to the training is very intense and unique, and it is as if the buildings speaks this language to you.

The discussions with Prof Neck and other confirmed his entrepreneurship training approach, and he can now also effect changes to be able to make it more effective. Stephan cannot wait to apply the new tricks that he has learned to the students.

Global Expo Trip to Gaborone, Botswana

The Mafikeng site of delivery attended a Global Expo, which is a four-day event being held from 23 to 25 November 2016 at the Botswana

Conference & Exhibition Centre in Gaborone, Botswana. This annual student recruitment event offers opportunities for businesses from all over the world to come and showcase their products and services.

It was a great platform to showcase our School’s programmes (PGDip, MBA, PhD as well as our short courses). Prospective students came in numbers to make enquiries. We then had a follow-up the following week and sent every student who enquired further detailed information.

All the marketing displays and brochures on the table to attract prospective students.

The Research Officer, Ismail Haffejee, was bringing a prospective MBA applicant up to speed on what the MBA programme has to offer.

Programme assistant, Lesego Montsho, together with former MBA students from Botswana, Dr Banda on the right and Mr Moatlhodi on the left.

An MBA graduate, Mr Mononi, who brought his colleagues to enquire about the PhD programme as offered by the NWU School of Business & Governance.

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Nuusbrokkies • News in brief

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Die mees onlangse NWU-SBKB Beleidsonsekerheidsindeks (BOI) vir K4 2016 is deur proff Raymond Parsons en Waldo Krugell op 27 Januarie gedurende ’n persverklaring

in Johannesburg vrygestel. Die indeks toon minder beleidsonsekerheid as in K3 2016. Die BOI kalibreer gereeld die uitkoms van positiewe en negatiewe faktore wat die persepsies van beleidsonsekerheid gedurende die relevante tydperk affekteer.

NWU-SBKB Beleidsonsekerheidsindeks

Project Management for the SAPS

The first course in Project Management for 2017 was recently presented to a group from the SAPS. Johan Jordaan form the Business School describes this group as

utterly dynamic and disciplined. For him, it was a pleasure to present the course, because they were all seated promptly by 8:00 and showed complete participation in terms of questions and feedback.

This group of members from the SAPS are all from the local branch in Potchefstroom.

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SBAB’s Programme in Business Management

Non-financial Managers Finance for the Department of Education

During the week of 23 to 28 February, Prof Anet Smit and Martin Botha of the NWU School of Business & Governance and Zandri Dikanson from the Vaal Triangle Campus presented

a second financial course at Karibu Lodge in Tzaneen. It is the intention of the Department of Education of the Limpopo Province to educate all the principals and deputy principals to be financially literate. The principals expressed a need for such training because most of them are not qualified in accounting, but do have the responsibility to manage the finances of their schools. The 200 delegates displayed a work ethic that is rarely found. All of them were eager to learn and were so proud of their work.

The Afrikaans study week of the SBAB’s Programme in Business Management started on 30 January. The English study week were presented from 13 to 18 February.

Dr Marita Heyns

Prof Stephan van der Merwe

Prof Ronnie Lotriet

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Gelukwense • Congratulations

Prof Stephan van der Merwe is as die voorsitter van die IBC-kongres vir die tydperk 2017 tot

2019 verkies.

Die NWU Skool vir Besigheid en Korporatiewe Bestuur wens hom baie geluk en alle voorspoed hiermee toe.

Die Besigheidskool wil graag vir prof Ronnie Lotriet met die volgende prestasies gelukwens:

Met die voltooiing van ’n aanlynkursus in “Advanced Strategy” van die Ludwig-Maximilians-Universität München deur prof Tobias Kretchmer.

Hy is onlangs verkies op die provinsiale bestuur van die North West Chamber of Commerce and Industry (NWCOCI).

Prof Ronnie is ook op die nasionale paneel vir SA Akademie (met betrekking tot die Stalsprystoekenning) saam met vorige vise-rektor van NMMU (prof Piet Naudé) en direkteur van FS Business School, prof Helena Fourie, verkies.

Totsiens, maar nie vaarwel nieDr Marita Heyns het ’n pos by die Optentia Navorsingsfokusarea

op die Vaaldriehoekkampus as voltydse senior navorser aanvaar. Haar nuwe direkteur is prof Ian Rothman en sy begin op 1 Februarie in haar nuwe pos.

Sy sal egter steeds betrokke wees by die begeleiding van skripsies asook by van die kortkursusse. Vir Marita was die jare by die Besigheidskool ’n baie goeie groeigeleentheid wat sy altyd sal koester, maar sy sien baie uit daarna om haar nou voltyds op navorsing toe te spits, wat ’n passie van haar is.

Marita se posisie by Optentia maak ook nuwe deure oop vir multidissiplinêre samewerkingsgeleenthede tussen Optentia en die Besigheidskool.

Die Besigheidskool wens haar baie voorspoed vir haar pad vorentoe toe!

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In MemoriamMr Rantutu Daniel (Dick) Kgang

Mr Dick Kgang was born 8 December 1958 in Sharpeville, Vereeniging. He is the sixth of seven children of the late Maphiri Joel Kgang and Nenki Elizabeth Kgang.

He started his schooling in Sharpeville at Boitsoso Primary School and proceeded to Lekoa Shandu High School, where he matriculated. He studied at Mangosuthu Technical College to pursue his studies as a mechanical engineer. He started working at the Department of Public Works as a learner technician from 1980 to 1983. He became one of the founding members of Radio Bop, where he worked as a disc jockey from 1983 to 1995 and was popularly known as DDK. From 1998 to 1999, he worked as a consultant at a Small Business Development and in 1999 worked at Technikon South Africa as a facilitator in Entrepreneurship.

From 2000 to 2005, he was a member of the Tender Board.

He obtained a Diploma in Human Resource Management through the South African Institute of Business Management in 1998 and furthered his studies in PC Support (hardware & software) through the University of the North-West in 2003. He then acquired a certificate in Facilitation using a variety of methods and assessments of learning outcomes in 2005 and 2006. He trained as a facilitator and assessor. He was skilled in public speaking and also marketed short courses.

He ventured into business and opened a consulting company called Kgolo Consultancy. He started working for the North-West University from 2011 until his untimely death.

He is survived by his wife, sister, children and grandchildren.

May his soul rest in peace.