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Associate Professor Richard Chivaka

Associate Professor at the GSB

Qualifications

PhD in Accounting (University of Cape Town); MSc in Accounting & Finance (University of Manchester, UK); B.Com (Honours) in Accounting (National University of Science & Technology, Zimbabwe)

Areas of Expertise

Strategic Cost Management; Supply Chain Management; Business Strategy; Business Process Improvement

Contact

E-mail: Richard.Chivaka@gsb.uct.ac.za
Tel: +27 (0) 21 406 1423

Dr Richard Chivaka is currently an Associate Professor at the Graduate Business School, University of Cape Town (UCT), South Africa. He has been with UCT for the past 10 years, teaching on both undergraduate and post graduate programmes. In his previous appointment in the Department of Accounting, he taught Management Accounting 1 and 2, Financial Management, Honours in Strategic Cost Management and Masters in Financial Management. He was the programme co-ordinator for the Honours in Strategic Cost Management. As part of his responsibilities in the Department of Accounting, Dr Chivaka supervised students undertaking research projects in Honours in Strategic Cost Management, Masters in Strategic Cost Management, Masters in Financial Management and PhD in Accounting.

Dr Chivaka is the Director of The Advancement of Business Competitiveness (ABC) Research Unit at the University of Cape Town. ABC focuses on the advancement of the competitiveness of organisations in both the private and public sectors through research, consulting and training. It provides a source for innovative ideas on how to (re)configure value chains in the various industries with the objective of enhancing competitiveness. In addition, he is a Director of the Organisation for the Advancement of Business Competitiveness and Trade (OACT). A non-profit making organisation, OACT is a collaborative initiative which aims to optimise the performance of local supply chains through (i) the alignment of local supply chains.

Dr Chivaka’s main research interest are in strategic cost management, supply chain management, business strategy and business process improvement. He has written a number of peer-reviewed articles, a book and book chapters. In addition, Dr Chivaka has undertaken a number of consulting projects in supply chain management, the major ones being the United Nations Industrial Development Organization Infrastructure Supplier Benchmarking Programme for South Africa, and the Ernst & Young Lumus Supply Chain Risk and Performance Toolkit Project. He has also done value chain analysis projects, such as for the Retail Division of Metropolitan Life which was part of a larger project covering business strategy, process improvement and cost optimisation. Dr Chivaka has also worked with National Treasury and German Technical Cooperation as an independent consultant on the Municipal Financial Management Capacity Building Project. His other consulting covered activity-based costing and activity-based management projects.

Dr Chivaka has published in both academic and practitioners journals on issues around supply chain management and strategic cost management. He has co-authored a book on the use of real options to value the impact of climate change. In addition, he has written book chapters in books published in the United Kingdom and German, as well as in two other books published in South Africa.

For the past 6 years Dr Chivaka was a visiting faculty at the GSB, where he taught Management Accounting on both Associate in Management (AIM) and Postgraduate Diploma in Business Administration (PDBA).  He has taught Strategic Cost Management on a number of Executive Education programmes, such as AngloGoldAshanti Management Development Programme, Sun International Leadership programme, Johnson & Johnson Hospital Leadership Programme, the Western Cape Provincial Department of Health programme, and Management Development Programme (Retail & Wine).  In addition, he has taught Strategic Cost Management to Executive MBA students. 

Within the University of Cape Town, he has also served the Deputy Dean (Research & Post Graduate Affairs) for the faculty of Commerce.  He has also served on numerous university committees (either as chair or member), including University of Cape Town Senate.  He has also served on numerous committees, such as Higher Degrees Committee (Chair), Commerce Faculty Research Committee (Chair), Board of Graduate Studies (Commerce representative), Post-Graduate Funding (Commerce representative), and Rate for Job Review Committee (Commerce representative).  Dr Chivaka has served as a University of Cape Town Senate member. 

Outside the University of Cape Town, Dr Chivaka is a reviewer of journal articles for Management Research News and the South African Journal of Accounting Research.  In addition, he has been involved as an external examiner for the University of Johannesburg, as well as for the School for Defence Organisation and Resource Management, University of Stellenbosch.




ARTICLES PUBLISHED IN REFEREED JOURNALS

Tyler, E., and Chivaka, R., (2009):The Use of Real Options Valuation Methodology in Enhancing the Understanding of the Impact of Climate Change on Companies, Business Strategy and the Environment, Vol. 18

Chivaka, R, Siddle, A, Bayne, L, Cairney, C, and Shev, J (2009): Reasons for share repurchases in South Africa: Theory versus Practice, South African Journal of Accounting Research

Chivaka, R (2007): Cost Management along the Supply Chain, South African Journal of Accounting Research, June/July Vol. 21, No.1, pp. 1-29

ARTICLES PUBLISHED IN OTHER JOURNALS OR MAGAZINES

Chivaka, R and C. Cairney (2007): Strategic Cost Management: An Activity-Based Costing Approach, Accountancy South Africa, July, 2007

Chivaka, R (2007): Strategic Cost Management: Context and Philosophy, Accountancy South Africa, June, 2007

Chivaka, R (2007): Strategic Cost Management: A Value Chain Analysis Approach, Accountancy South Africa, August, 2007

ARTICLES PUBLISHED IN CONFERENCE PROCEEDINGS

Chivaka, R, Siddle, A, Bayne, L, Cairney, C, and Shev, J (2007): Reasons for share repurchases in South Africa: Theory versus Practice: Paper presented at The South African Accounting Association Research Symposium, Cape Town

Chivaka, R (2006): Cost management using target costing methodology across the supply chain: A transaction cost economics perspective, paper presented at The 29th Annual Congress of the European Accounting Association, Dublin, Ireland, 2006.

Chivaka, R (2004): Cost Management along the Supply Chain – Methodological Implications: Paper presented at the Research Methodologies in Supply Chains, 2004, Oldenburg, Germany

Chivaka, R (2002): The Role of Management Accountants in Value Creation Through Improved Supply Chain Management – A Case Study of the South African Retail Sector, Supply Chain & E-business Conference 2002, Sheffield, UK

BOOKS

Tyler, E., and Chivaka, R., (2009): Using real options to value the impact of climate change: A case study of Sappi, A South African pulp and paper company, Lambert Academic Publishing, Köln, Germany

ARTICLES/CHAPTERS IN BOOKS

Chivaka, R., and Roos, S., (2008): Contemporary Management Accounting Concepts: in Principles of Management Accounting: A South African Perspective, Oxford University Press

Chivaka, R., and Roos, S., (2008): Competitive Advantage: in Principles of Management Accounting: A South African Perspective, Oxford University Press

Chivaka, R (2007): Managing Finance for Tourism: in R. George, Managing Tourism in South Africa, Oxford University Press

Tsamenyi, M, Cullen, J and Chivaka, R (2005): Supply Chain and Management Accounting: in Handbook in Cost & Management Accounting, Spiramus, UK

Chivaka, R (2005): Cost Management along the Supply Chain – Methodological Implications: in Research Methodologies in Supply Chain Management, Physica, Heidelberg, Germany

COMMUNICATIONS AND / OR PRESENTATIONS

ASSOCIATION OF BLACK ACCOUNTANTS OF SOUTHERN AFRICAN (ABASA)

Dr Chivaka was invited to present a discussion paper at the 22ND Annual Convention of the Association of Black Accountants of Southern Africa (ABASA) at the Cape Town International Convention Centre, 2007. The topic of the discussion paper was: BLACK PROFESSIONALS ANSWERING THE NEEDS OF KNOWLEDGE DRIVEN ECONOMY IN THE 2ND DECADE OF DEMOCRACY

QUALITY ASSURANCE REVIEW: SCHOOL FOR DEFENCE ORGANISATION & RESOURCE MANAGEMENT

In October 2007, Dr Chivaka was appointed (together with a colleague from the University of Western Cape) to conduct a quality assurance review of the entire School for Defence Organisation and Resource Management, University of Stellenbosch. The mandate of the external evaluation panel was to evaluate the School for Defence Organisation and Resource Management in terms of the quality assurance policy of the University of Stellenbosch as prescribed in the policy documents titled “Quality Assurance at Stellenbosch University (2004-2009 cycle):Points of Departure and Framework” and “Policy and Procedures for Departmental Evaluation”

The terms of reference that guided the work of the panel were to:

  • Evaluate the school/departments as an organisational unit,
  • Evaluate post-graduate programmes that reside within the school/departments administratively
  • Evaluate the under-graduate modules offered by the school/departments in accordance with the criteria and guidelines of the quality assurance policy of the University of Stellenbosch

Educational Background

PhD in Accounting, University of Cape Town (2003)
Thesis Title: Value creation through strategic cost management along with supply chain

MSc in Accounting & Finance, University of Manchester (1997)
Thesis Title: The interface between strategy & capital investment

B.Com (Honours), National University of Science & Technology, Zimbabwe (1995)
Thesis Title: The role of export processing zones in Zimbabwe

Areas of assigned teaching responsibility: Responsible for teaching in the following areas: Supply Chain Management & Strategic Cost Management

Other Work Experience

Managing Member - Rio Ridge Management Consultants



Rio Ridge Management Consultants provides management consulting services in business process re-engineering, supply chain management and training.

Director - The Advancement of Business Competitiveness (ABC)


Research Unit, University of Cape Town
ABC focuses on the advancement of the competitiveness of organisations in both the private and public sectors through research, consulting and training.  It provides a source for innovative ideas on how to (re)configure value chains in the vairous industries with the objective of enhancing competitiveness.

Director - Organisation for the Advancement of Business Competitiveness and Trade (OACT)



A non-profit organisation, OACT is a collaborative initiative which aims to optimise the performance of local supply chains through (i) the alignment of local supply chains, and (ii) the development of local supply chains.  OACT ensure that buyers, suppliers, development organisations and financial institutions make use of a common business benchmarking and development platform (The Lumus Standard) to facilitate collaboration across these communities.

2000 - 2010 - University of Cape Town

2000 - 2003: Lecturer
2003 - 2005: Senior Lecturer
2006 - date: Associate Professor
2000 - 2010 Department of Accounting
Executive MBA
AngloGoldAshanti Management Development Programme
Sun International Development Programme
Management Development Programme (Retail) for Woolworths
Management Development Programme (Wine)
Postgraduate Supervision of students undertaking research on the following programmes:
Honours in Strategic Cost Management
Masters in Strategic Cost Management
Masters in Financial Management
PhD in Accounting
2007 - 2009 - Deputy Dean (Research & Post Graduate Affairs), Faculty of Commerce, UCT
Duties mainly included:
Driving research strategy formulation for the Faculty of Commerce
Overseeing the implementation of research for the Faculty of Commerce
2000 - 2006 - Lecturer
2001 - 2006: Management Accounting
2000 - 2003: Management Accounting
2000 - 2003: Financial Management

Chair: Research & Scholarly Activity Committee, Department of Accounting, UCT

The Committee was established to define appropriate scholarship in the Department of Accounting and to chart the way forward with regard to issues around research.  Ads Chair, Dr Chivaka's responsibilities were to drive the process that would result in the creation of a framework that would guide all academic staff in the department.

Other Work Experience

Nestle South Africa - Current

Dr Chivaka is currently undertaking a Costing Project for Nestle South Africa. The main objective of the project is to create visibility of the end-to-end supply chain costs arising from; (i) inbound logistics (for both goods from the company’s factory and imports) into the Distribution Centre; (ii) all the Distribution Centre processes (receive, put-away, store, pick & pack, dispatch); (ii) outbound logistics (delivery to customer Distribution Centres).   

Retail Division of Metropolitan Life - 2008/9

In 2008 & 2009 he was involved involved in undertaking a value chain analysis project for the Retail Division of Metropolitan Life (a financial services company) which was part of a larger project covering business strategy, process improvement and cost optimisation. The scope of his work involved Business Process Reengineering (BPR) which entailed process modelling using Architecture for Integrated Information Systems (ARIS) Business Designer software. This process involved an analysis and documentation of the ‘as-is’ business processes (from interviews, workshops and documents) and the modelling of the processes in ARIS. The work then involved cost-efficiency analysis and identification of cost reduction opportunities, which followed on from an analysis of the ‘as-is’ process maps.

United Nations Industrial Development Organization (UNIDO) - 2008

Dr Chivaka served on the United Nations Industrial Development Organization’s (UNIDO) Advisory Group, on the Infrastructure Supplier Benchmarking Programme for South Africa. The main objective of the Supplier Benchmarking Programme is to maximise the economic impact of the South Africa supply base by developing the capacity of suppliers to effectively participate in infrastructure-related supply networks. The project involved the development of a Supply Chain Management Best Practices Standard which is now being used to benchmark the South African suppliers. My role in the project was to collaborate with other experts to develop the Supply Chain Management Best Practices Standard.

Independent Consultant - 2006

In 2006, Dr Chivaka worked as an independent consultant for a company in the textile industry that required an in-depth study to identify product profitability problems that it was facing. The company produces yarn from cotton and also processes synthetic material used to make polyester. The company wanted a better understanding of its; (i) product profitability and (ii) customer profitability.

National Treasury & German Technical Cooperation - 2005/6

In 2005 & 2006 Dr Chivaka worked with National Treasury and German Technical Cooperation as an independent consultant on the Municipal Financial Management Capacity Building Project. My role was to evaluate training materials that are now being used to improve skills levels and thus build capacity in all municipalities in South Africa. I was responsible for reviewing draft module training materials to ensure that they incorporated the latest developments in their respective disciplines so as to push the knowledge frontiers in the application of strategic level financial management competencies. The modules that I was responsible for are as follows:

Capital Planning & Financing
Managing Assets & Liabilities
Supply Chain Management
Revenue & Expenditure Management

Ernst & Young - 2004

Dr Chivaka worked as an independent consultant to Ernst & Young on the Lumus Project. This project involved the design of a Supply Chain Risk and Performance Toolkit that is based on the principles of the Balanced Scorecard. His main role in this project was to devise measures that reflect world-class performance in Cost Management and Supply Chain Management. The main purpose of the toolkit is to assess the weaknesses in supply chains and then devise developmental solutions to improve the performance of suppliers to meet the needs of their buyers. This required the development of a migration path that shows how companies can evolve from ‘infant’ systems to world-class systems.