Management

In an era of unprecedented uncertainty, the headwinds facing businesses are stronger than ever. Businesses find themselves navigating a complex landscape, where economic shifts and geopolitical challenges loom large on the horizon. In such turbulent times, the key question is not whether change will occur, but rather how effectively leaders can prepare for and adapt to it.

It’s tempting to be dismissive when you first hear about “strategic design” and think that it has all the hallmark characteristics of being an industry buzzword. What’s a buzzword? It’s an important-sounding technical word or phrase that is trotted out in sales pitches purely to impress regular people.

South Africa is navigating choppy economic and political seas and nowhere is that more apparent than in the latest Consumer Confidence Index (CCI) figures,...

Given the importance of this topic to business owners whose successful results depend largely through and with the actions of others, here we share some important tips on how you can hone your skill of delegation, and in so doing, develop your staff and get more tasks done.

Change management is as important today as it has ever been. The world is going through unprecedented change as new technologies change the very fabric of our world. An important aspect of change management is a willingness to accept being vulnerable and a commitment to sticking to the course, which will be characterised by fear and resistance.

South Africa’s tax laws were designed for a high-income society – a result of a long history of the country accommodating a small, wealthy economy, and a large, poor one. But for a country with tens of millions being either unemployed or receiving very little income, being one of the world’s highest-taxed states does not make sense, particularly when small business growth is so crucially important to our economic future.

South Africa is the second largest and the most technologically developed economy in Africa. However, according to the World Bank, South Africa is also the most unequal country in the world. A full report published by the World Bank states that the country's extreme inequality is due to “inherited circumstances over which an individual has no control”.

Conversations on board leadership often focus on strategy, oversight, and navigating risk and uncertainty. These remain timeless pillars of effective governance. At the same time, these discussions highlight that strong boards are vital for steering organisations through complexity while upholding fiduciary duties.

The global COVID-19 pandemic has provided critical leadership lessons for governments and organisations around the world. The crisis affirmed the importance of bold, decisive decision-making in the face of unprecedented challenges, while also highlighting the importance of agile thinking and adaptability.

On first blush there is ample reason to be miserable. The economic data released earlier this week has once again confirmed that South Africa is in a recession. An investment downgrade is more likely to happen than not to, and the lack of tangible progress in South Africa gives little reason to cheer. Add load shedding, crime and the fact that the Corona Virus is around the corner, and one must wonder why more of us aren’t medicated. I imagine it’s partly because we can no longer afford it.