But no women at all in senior roles in 20% of SA businesses, is concerning. Although almost one third (29%) of senior roles in South Africa are now filled by women, one in five local businesses (20%) still have no women at all in senior positions. These are among the findings of the 2018 Grant Thornton International Business Report focused specifically on research regarding Women in Business.
We see leaders all around us: we see them in businesses, parliament, communities, and even in social settings. We see them amongst the rich and the poor, men and women, young and old. Consider a group of small children playing for example: one always tends to take the lead while the others follow. But if we see so many leaders, why do we find so little leadership?
Management guru, Peter Drucker, is often quoted as saying, 'If you can’t measure it, you can’t manage [or improve] it'. Constructive feedback is integral to a process of development, growth and improvement, not least in an organisational setting, and especially in the case of boards of directors.
Labour law training is an operational necessity. However, it often happens that managers at whom this training is targeted often have the attitude of, 'let HR handle daily disciplinary problems, I’ll just mess it up'. But the implementation of discipline is an integral part of line management’s function and no manager can turn down the opportunity to add to his/her skills.
The rate at which new trends appear and influence the way we live has become astounding. The last decade, with its countless technological advances, has signalled a move into the internet shop, a faster pace in most spheres of day-to-day life and the importance placed on providing more convenient, time-efficient solutions.
The recent IODSA’ panel discussion on directors’ duties in respect to climate change highlighted the increasing realisation that directors need to factor climate change into their governance deliberations about strategy, risk management, products and services.
Navigating complex BEE requirements to ensure compliancy can be a tricky process for many businesses. Since the implementation of BEE in 2003, there have been many high-profile cases of companies found to have faked their BEE credentials and many who have failed their verification audits for other reasons.