African Coastal Management (Environmental/Earth Science) | 19 December 2009
Linking Giants and Gilt-edge: An Action Research on Business Integration Strategies between Large Firms and Local SMEs in South Africa
S, i, p, h, i, w, e, M, t, h, u, l, i
Abstract
This study examines the integration of large firms and local Small and Medium Enterprises (SMEs) in South Africa's coastal management sector. The study employs an action research approach, involving interviews with key stakeholders and analysis of existing data from the South African Department of Environmental Affairs. Business integration strategies varied significantly in terms of direction (from supply to demand) and proportion (with some firms adopting multi-faceted approaches). Despite challenges, there is evidence that strategic partnerships can lead to mutual benefits for both large firms and SMEs in coastal management. Firms should proactively seek out local SMEs with complementary skills, while the government could facilitate collaboration through policy support.