Export strategy risks and governance in the clothing industry
| Autor: | Nehemiah Mavetera, Arthur Mapanga, Collins Ogutu Miruka |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Economics and Econometrics
Trust Building Strategy and Management Corporate governance 05 social sciences 04 agricultural and veterinary sciences Export Strategy 040401 food science Strategy Implementation Upgrading Strategy implementation Clothing industry 0404 agricultural biotechnology Commerce lcsh:Finance lcsh:HG1-9999 0502 economics and business Clothing Industry Trust building Business Value Chain 050203 business & management Finance |
| Zdroj: | Risk Governance & Control: Financial Markets & Institutions, Vol 6, Iss 3-2, Special issue, Pp 75-80 (2016) |
| ISSN: | 2077-4303 2077-429X |
| DOI: | 10.22495/rcgv6i3c2art10 |
| Popis: | This paper investigates the export strategy implementation risks in Zimbabwe’s clothing sector with a view to build a framework for improving strategy implementation and governance. The government of Zimbabwe has formulated a five year export strategic blue-print to resuscitate the clothing value chain. However, to date, no visible movement towards implementing the export strategy has materialised. The sector is on the brink of collapse putting the welfare and livelihood of over two million people dependent on the sector at risk. A desk research and key informant interviews were conducted to understand the barriers causing inertia in the implementation of the export strategy. Cotton farmers’ unions’ representatives, the cotton ginners association members, the spinning industry members and garment manufacturers representatives, clothing retailers’ representatives, workers’ unions’ members and government officials were important sources of information towards the discovery of the risks. From the research, six of the strategy implementation risks were linked to human elements. Leadership, consensus and commitment deficiencies militated against the implementation of the export strategy in the clothing value chain. There is also a lack of trust among the value chain actors leading to the dislocation of efforts to resuscitate the sector. |
| Databáze: | OpenAIRE |
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