Entrepreneurial Audit
Bibliography
Textbooks and literature
1) Corporate Entrepreneurship and Innovation, Entrepreneurial Development within Organisations, Second Edition, Thompson Southwestern, M. Morris, D. Kuratko, and J. Govin.
2) Crafting and Executing Strategy, South African Edition. Text, Reading, and Cases. J. Hough, A. Thompson, A. Strickland, and J. Gamble McGraw Hill
3) Strategic Management of Technological Innovation
Second Edition, 2008.
M. Schilling
McGraw Hill Websites
1) www.farmwise.co.za
2) www.safex.co.za
3) www.cbot.com
4) www.afgri.co.za
Background
Farmwise’s History
Farmwise is a company that buys and sells agricultural commodities such as white and yellow maize, Soya beans, sunflower seeds, and a variety of fruits and vegetables. They have as their purpose the creation of value for customers and making the exchange of these commodities in an effective, efficient, and profitable way. The company was founded on the 16th May 1993 and consisted of 11 members who traded physical commodities. The company grew relatively quickly and the grains devision of Farmwise was started on the 11th February 1994. It was founded with the intention of providing a physical trading system that would facilitate the transactions between farmers and their customers. They served as middle-men that made the transaction much more efficient for both farmers and end users. Farmwise was one of the founding members of the AMD Devision of SAFEX, which illustrates that they have had a leading market position for a number of years.
Ownership and Organisational Structure
The following organisational chart illustrates the structuring of management and authority at Farmwise.
Figure 1.1
Farmwise is a private company with an internal board of directors that determine the long-term strategic decisions of the company. Daily board meetings help the
Textbooks and literature
1) Corporate Entrepreneurship and Innovation, Entrepreneurial Development within Organisations, Second Edition, Thompson Southwestern, M. Morris, D. Kuratko, and J. Govin.
2) Crafting and Executing Strategy, South African Edition. Text, Reading, and Cases. J. Hough, A. Thompson, A. Strickland, and J. Gamble McGraw Hill
3) Strategic Management of Technological Innovation
Second Edition, 2008.
M. Schilling
McGraw Hill Websites
1) www.farmwise.co.za
2) www.safex.co.za
3) www.cbot.com
4) www.afgri.co.za
Background
Farmwise’s History
Farmwise is a company that buys and sells agricultural commodities such as white and yellow maize, Soya beans, sunflower seeds, and a variety of fruits and vegetables. They have as their purpose the creation of value for customers and making the exchange of these commodities in an effective, efficient, and profitable way. The company was founded on the 16th May 1993 and consisted of 11 members who traded physical commodities. The company grew relatively quickly and the grains devision of Farmwise was started on the 11th February 1994. It was founded with the intention of providing a physical trading system that would facilitate the transactions between farmers and their customers. They served as middle-men that made the transaction much more efficient for both farmers and end users. Farmwise was one of the founding members of the AMD Devision of SAFEX, which illustrates that they have had a leading market position for a number of years.
Ownership and Organisational Structure
The following organisational chart illustrates the structuring of management and authority at Farmwise.
Figure 1.1
Farmwise is a private company with an internal board of directors that determine the long-term strategic decisions of the company. Daily board meetings help the
Bibliography: 3) Strategic Management of Technological Innovation Second Edition, 2008.