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The power of your life : the Sanlam century of insurance empowerment, 1918-2018

Author: G Verhoef
Publisher: New York, NY : Oxford University Press, [2018] ©2018
Edition/Format:   Print book : English : First editionView all editions and formats
Summary:
This book explores a century of business development of The South African Life Assurance Company, from a specific local focus to a national conglomerate expanding into global insurance markets. Established as a strategic vehicle to address Afrikaner economic marginalization and abject poverty at the beginning of the twentieth century, Sanlam has displayed both path dependence and a dynamic adaptability to complex  Read more...
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Genre/Form: History
Document Type: Book
All Authors / Contributors: G Verhoef
ISBN: 9780198817758 0198817754
OCLC Number: 1082347386
Description: xv, 409 pages ; 26 cm
Contents: 1. Growing opportunity on African soil --
A world of opportunity: the new century --
The opportunity of defeat --
Enter insurance --
The first year in business: 1918-1919 --
Into the market --
Conclusion --
2. Setting down the footprint: from war to war, 1919-1945 --
Vision and strategy: management --
Doing good business came down to management --
Agent network --
Products to grow the market --
The Sanlam family of policyholders --
The collective: Head Office and company --
Capture the moment: empowerment and earnings growth --
The footprint --
3. Forty years: protection, isolation, and diversification, 1945-1985 --
Global growth, exclusion, and global entry --
Managing for growth and diversification --
Functional diversification in a growing economy --
Building the economy for the people --
The company for the people and the people of the company --
Innovation in financial services --
Health in Sanlam --
Growing Sanlam --
The company in the community --
Strategy and management: from a single centralized organization to the multidivisional form of organization --
Sanlam in the industry --
4. Searching the soul: Wither Sanlam? Powerful conglomerate to 1997 --
Turbulence and strategy --
Sanlam leadership --
Strategy, personality, and the Sanlam empire --
'Take these disasters, son, and fix them': Sankorp --
Unbundling: deconcentration and business efficiency --
Sankorp in society --
Wrapping up Sankorp: investment rationalization at Sankorp --
Survival in an unstable financial world --
Adapting to the new South Africa --
5. Managing change: diversification and transformation, 1993-2003 --
Sanlam in a changing industry --
The Sanlam dilemma: legacy or leader? --
Building 'capital' --
Building the new Sanlam --
Cautiously changing culture: transformation --
Sudden change in the game --
6. Affirming the roots: Sanlam from South Africa for South Africa and beyond, 2003-2013 --
Restoring value --
Truly South African --
Venturing outside South Africa --
Affirming the roots in a complex context --
Regulatory impact: a business imperative --
Strategic intent: growth and wealth creation --
Delivering on commitment --
Conclusion --
7. Wealthsmiths™: A century later --
People and strategy --
Playing in all markets --
SPF: creating value at home --
Diversifying in selected international markets: SEM --
Investing in wealth: Sanlam Investments (SI) --
Yellow umbrella cover: Santam --
Going corporate --
The context of value: transformation --
Business transformation for the next century --
Epilogue.
Responsibility: Grietjie Verhoef.

Abstract:

This book explores a century of business development of The South African Life Assurance Company, charting its history and strategic transformation from a defined cultural context into a national  Read more...

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