ITEM VIEW

Value chain deconstruction in the United Kingdom retail life insurance industry and resulting strategic options for new entrants to the market

dc.contributor.authorDommisse, R. W.en_ZA
dc.contributor.authorOosthuizen, H.en_ZA
dc.date.accessioned2013-01-23T14:08:50Z
dc.date.available2013-01-23T14:08:50Z
dc.date.issued2004
dc.identifier.citationDommisse, R. W. & Oosthuizen, H. 2004. Value chain deconstruction in the United Kingdom retail life insurance industry and resulting strategic options for new entrants to the market. South African Journal of Business Management, 35(4):a664, doi:10.4102/sajbm.v35i4.664.
dc.identifier.issn2078-5976 (online)
dc.identifier.issn2078-5585 (print)
dc.identifier.otherdoi:10.4102/sajbm.v35i4.664
dc.identifier.urihttp://hdl.handle.net/10019.1/78178
dc.descriptionCITATION: Dommisse, R. W. & Oosthuizen, H. 2004. Value chain deconstruction in the United Kingdom retail life insurance industry and resulting strategic options for new entrants to the market. South African Journal of Business Management, 35(4):a664, doi:10.4102/sajbm.v35i4.664.
dc.descriptionThe original publication is available at https://sajbm.org
dc.description.abstractPorter coined the term ‘value chain’ in 1985. Since then the concept has found general acceptance within the strategic planning realm. In order to explain changes occurring in industries affected by increased volatility, a thesis of the deconstruction of the value chain is gaining acceptance. This concept is investigated by means of a literature review. The theory is then tested in the turbulent United Kingdom (UK) retail life insurance industry to see if an application can be found. This industry is briefly analysed and the main environmental factors affecting it are investigated. These are a £27 billion per annum savings gap, under-performing equity markets, regulatory influences of depolarisation, stakeholder’s pensions and technological developments mainly as a result of the Internet. The conclusion reached is that the changes are creating at least partial deconstruction. Within this framework the strategic options for new entrants into the UK retail life insurance market are explored.
dc.description.urihttps://sajbm.org/index.php/sajbm/article/view/664
dc.format.extent10 pages
dc.language.isoen
dc.publisherAOSIS
dc.subjectLife insurance -- United Kingdomen_ZA
dc.titleValue chain deconstruction in the United Kingdom retail life insurance industry and resulting strategic options for new entrants to the marketen_ZA
dc.typeArticle
dc.description.versionPublisher's version
dc.rights.holderAuthors retain copyright


Files in this item

Thumbnail

This item appears in the following Collection(s)

ITEM VIEW