Ayansola Olatunji AYANDIBU
@unizulu.ac.za
Senior Lecturer, Business Management, Faculty of Commerce, Administration and Law
University of Zululand, South Africa.
Ayansola Ayandibu holds a B.Sc Hons in Accounting, Masters of Business Administration and also a Ph.D in Leadership Studies (Strategy, Innovation and Entrepreneurship). He has worked in the corporate environment for 8 years in Nigeria before relocating to South Africa. worked for Lieutenant Consulting, Midrand, Johannesburg in 2012 as an Accountant / Economist. He lectured at University of KwaZulu Natal from February, 2013 to January, 2021 in the Discipline of Management and Entrepreneurship. Ayansola has lectured Accounting, Management and Entrepreneurship modules in the University of KwaZulu Natal. He has also published articles in accredited journals, published books chapters and also edited a book. Dr. Ayandibu has attended international conferences in the University of London, UK, Harvard University (USA), Ryerson University, Totonto Canada and Mauritius. He is currently a Senior Lecturer in Business Management at the University of Zululand, South Africa.
EDUCATION
PhD Leadership Studies (Strategy, Innovation and SMEs)
MBA
B.Sc (Hons) Accounting
RESEARCH INTERESTS
Strategy, Innovation, SMEs, Entrepreneurship, Higher Education and General Business Management
FUTURE PROJECTS
Rural and Township Entrepreneurship
Applications Invited
Social Entrepreneurship
Applications Invited
Entrepreneurship Education
Applications Invited
Scopus Publications
Scholar Citations
Scholar h-index
Scholar i10-index
Scopus Publications
Ayansola Olatunji Ayandibu
IGI Global
This chapter explores the crucial aspect of succession planning and survival strategies for family businesses, drawing inspiration from the remarkable story of Houshi Ryokan, a traditional Japanese inn with a history spanning over a millennium. The chapter delves into the challenges faced by family-owned enterprises when transitioning leadership to the next generation and offers valuable insights into effective succession planning models. Finally, the chapter draws insightful lessons from Houshi Ryokan's family business journey, distilling key success factors and actionable strategies that can be applied by other family businesses seeking longevity and prosperity. By examining the exemplary case of Houshi Ryokan, this chapter provides invaluable insights for family business owners, managers, and advisors, offering practical guidance on navigating the complexities of succession planning and developing robust survival strategies to safeguard the legacy and prosperity of their enterprises.
Ayansola Olatunji Ayandibu and Samuel Olutuase
IGI Global
The pursuit of financial stability as a goal for entrepreneurs/enterprises is no more underscored than the shocks created by the COVID-19 pandemic. Up till the end of 2019, more attention to measuring and strategizing for financial stability has been largely limited to the national economy and the financial sector. However, the COVID-19 impacts which include forcing a large number of enterprises out of the market necessitates a focus on enterprise financial stability. This chapter adopts the CAMELS framework to explain the concept of enterprise financial stability. It further expatiated the concept from the perspectives of shocks arising from global, regional, national or industry disruptions. The chapter concludes with cornerstones for strategising and maintaining an enterprise's financial stability in the event of disruptions.
S. Zhou, T. Chimucheka, A. O. Ayandibu, and M. Masuku
World Scientific Pub Co Pte Ltd
This paper analyzes the impact of government economic interventions to ameliorate the COVID-19 pandemic on the survival of small, micro, and medium enterprises (SMMEs) in South Africa. We use the Cox Proportional Hazards approach and cross-sectional data from King Cetshwayo District Municipality covering 641 SMMEs. The study finds that tax relief was the most important intervention used to sustain SMMEs during the pandemic. Other interventions, such as cash grants and cheap credit, were also used during the period but had a small impact. Our findings support the interventions used by the South African government in mitigating the negative consequences of the pandemic-induced lockdown on small businesses. However, we also note that the magnitude at which the interventions were made could have been lower than what is optimal. The paper recommends the need to increase and have sustainable targeted expenditure during the difficult times to enhance the resilience of SMMEs to accelerate economic development and growth.
Ayansola Olatunji Ayandibu and Makhosazana Faith Vezi-Magigaba
Society for Research and Knowledge Management
Higher education globally has been affected with Covid-19 pandemic which majorly affected the academic year in 2020. Although some institutions still delivered their lectures online in 2021 and 2022. This paper dealt with successes and challenges of higher education teaching and learning before Covid-19, during Covid-19 and the way forward after the pandemic. This paper is a desktop review paper that has put into consideration the authors experiences before, during and after the pandemic. The paper also looked at the global objective while it put into consideration the Sustainable Development Goa (SDG)l 4 which dealt with the education sector. The next thing that was dealt with in this paper is the massification which helped to address the South African challenges and how they were tackled. The role of technology was also written about and the challenges were dealt with. The latter part of this paper also looked at cheating during online assessments and also recommending that all contact lectures must be recorded so that students can have access to the lecture clip at any point in time. This can enhance their performance and increase the success of teaching and learning / pass rate. These are some of the future recommendation that can be considered. This paper also provided some recommendation that can be utilized in future so that both lectures and students are well equipped and prepared for the unknown.
Vincent L. Mbukwana and Ayansola O. Ayandibu
AOSIS
Orientation: Rewarding employees for meeting the organisation’s targets is crucial in order to motivate staff members to improve their performance.Research purpose: The aim of the study was to investigate if the incentive plans given to the employees at a comprehensive university in KwaZulu-Natal province have a positive impact on employee performance.Motivation for the study: Studies linking the role of performance incentives in driving performance in higher education, specifically academics, are limited, and this study aims to fill this gap of knowledge in the literature.Research approach/design and method: The study followed a qualitative approach where data were collected through interviews. An investigation was conducted with academics in the Faculty of Commerce, Law and Administration on the role of performance incentives in driving performance at a faculty from a comprehensive university in KwaZulu-Natal. The collected data were analysed using NVIVO.Main findings: The overall findings of the study showed a strong link between performance incentives and employees’ performance. It was found that financial incentives in the form of performance bonuses influenced the employees to work harder to meet the performance targets.Practical/managerial implications: The results of this study will assist human resource managers in higher education institutions to identify financial and non-financial incentives that seek to drive performance.Contribution/value-add: The results of the study revealed a strong link between performance incentives and employee performance. For this reason, it will add value to the reward strategies employed by universities in improving performance.
Ayansola Olatunji Ayandibu and Makhosazana Faith Vezi-Magigaba
IGI Global
Entrepreneurs in emerging and developing economies face many challenges curtailing their ability to finance and grow their business ventures. Climate change provides new opportunities for entrepreneurs to gain access to finance and contribute toward more climate-resilient economies. The objective of this chapter is to outline the dimensions of entrepreneurial financing that are sensitive to levels of climate change with emphasis on the financial services sector's role in reacting to these changes. An analysis of current extant literature will be explored, and evidence supporting effective entrepreneurial financing will be used to develop a theoretical framework for climate change and entrepreneurial financing to foster a more climatic conditions-sustainable economy. The literature in this chapter indicated the need for establishing the impact of climate change on entrepreneurial financing in the financial services sector in order to provide recommendations that can direct funding more effectively towards climate-resilient activities and a more climatic conditions-sustainable economy.
Ayansola Olatunji Ayandibu and Khalida Akbar
IGI Global
Green branding marketing techniques have become a popular area of research; however, the use of 'green' terms confuses both businesses and customers. This has resulted in consumers becoming more suspicious about the validity of green marketing and green management practices. The objective of this chapter is to outline the concepts of green marketing and green management in detail to clearly demonstrate how they can effectively achieve their aims of ensuring environmental sustainability. An analysis of current extant literature will be explored, and successful green approaches will be used to develop a theoretical framework for green marketing, green management, and sustainability to foster a more climatic conditions-sustainable economy. The literature in this chapter indicated the need for understanding the impact of green marketing and green management on the sustainability of the financial services sector in order to provide recommendations that can direct funding more effectively towards climate-resilient activities and a more climatic conditions-sustainable economy.
Ayansola Olatunji Ayandibu, Bhasela Bhaso Yalezo, Irrshad Kaseeram, and Makhosazana Faith Vezi-Magigaba
IGI Global
The uncertainties around the future of work has engendered and continue to provoke stimulating discussions amongst scholars interested in the dynamics of the world of work, and other allied researchers. While the construction of these uncertainties is not far-fetched, scholars have somewhat reached a consensus, that the emergence of globalization spanning over four decades ago, has further exacerbated the magnitude of these uncertainties. To be sure, the apologists of globalization have argued that the emergence of globalization, rather than prospering the future of work, has provoked several threats to the continued relevance of work, rather than progression.
Ayansola Olatunji Ayandibu, Irrshad Kaseeram, Makhosazana Faith Vezi-Magigaba, and Olufemi Michael Oladejo
IGI Global
This chapter carries out extensive review of literature on the 4th Industrial Revolution. In the last decades, many stakeholders such as industries, governments, employers and employers' organisations, workers and their unions, and academics have expressed divergent opinion of the 4th Industrial Revolution. The 4th industrial revolution is the 4th stage of a mechanical movement process that began towards the end of the 18th century where mechanised production replaced manual production process. Research shows that the 4th Industrial Revolution brought about ‘disruptive technologies' such as artificial intelligence, robotics, blockchain, and 3D printing, which transforms social, economic, and political systems, often in unpredictable ways.
Ayansola Olatunji Ayandibu, Makhosazana Faith Vezi-Magigaba, and Irrshad Kaseeram
IGI Global
Innovation is one of the major instruments used to improve on the present position of an organisation. Innovation is a way of improving on the present market share while also enhancing competitive advantage for the organisation over its existing rivals. Innovation may be in the form of new products, or new services, or improvements to previous offerings. Innovation is the implementation of any new or significantly improved products (good and services), operational process (methods of production and services delivery), and new marketing methods (packaging, sales, and distribution methods), or new organisation or managerial methods or processes in business practices, workplace organisation, or external relations. Encouraging innovation in small and medium-sized enterprises (SMEs) plays the role of policy initiatives for stimulating growth and development at the local, regional, and national levels.
Ayansola Olatunji Ayandibu, Irrshad Kaseeram, and Elizabeth Oluwakemi Ayandibu
IGI Global
This chapter addresses the changes (finance, human resources management, supply chain management, and regulatory) that affect the growth, sustainability, and survival of SMMEs world. These challenges are common among SMMEs in every country. In order for SMMEs to achieve growth, sustainability, as well as survive in the competitive global market, SMMEs must deal with these challenges. This chapter also creates a conceptual model that addresses these challenges and provides solutions that can be used to improve SMME challenges. SMMEs from South Africa, Nigeria, and Ghana were also discussed.
RECENT SCHOLAR PUBLICATIONS
MOST CITED SCHOLAR PUBLICATIONS
Publications
Zhou, S., Chimucheka, T., Ayandibu, A. O., & Masuku, M. (2022). Government Interventions to Ameliorate Covid-19 Recession: The Case of Small, Micro, and Medium Firm’s Survival in South Africa. Journal of International Commerce, Economics and Policy, 2350005.
Uleanya C,. Taiwo SO., AO Ayandibu (2022). Investigation of the awareness of rural students on M-Learning using Smartphones. ScienceRise: Pedagogical Education Journal,1 (46), 22–27
Ayandibu A.O (2022) “Teaching How to Work with People (In Person and Remotely) and Technology (Artificial Intelligence and Robots) Using Creativity and Innovation” in Achieving Sustainability Using Creativity, Innovation, and Education: A Multidisciplinary Approach. Editor Prof Ziska Fields – IGI Global Publisher DOI: 10.4018/978-1-7998-7963-3
Ayandibu A.O and Vezi-Magigaba M.F. (2022) “Entrepreneurship Innovation” in Achieving Sustainability Using Creativity, Innovation, and Education: A Multidisciplinary Approach. Editor Prof Ziska Fields – IGI Global Publisher DOI: 10.4018/978-1-7998-7963-3
Akbar K and Ayandibu A.O (2022) “Creativity and Innovation: The Need for Cognitive Skills and Abilities in Developing Entrepreneurs of the Future” in Achieving Sustainability Using Creativity, Innovation, and Education: A Multidisciplinary Approach. Editor Prof Ziska Fields – IGI Gloabal Publisher DOI: 10.4018/978-1-7998-7963-3
GRANT DETAILS
Post Doctoral grant for two years
CONSULTANCY
SMEs and Entrepreneurship
INDUSTRY EXPERIENCE
8 years industry experience
STARTUP
Business Plan Preparation for SMEs
SOCIAL, ECONOMIC, or ACADEMIC BENEFITS
Rural and Township Entrepreneurial Projects