The 4th Industrial Revolution (4IR) has become a buzz word in many forums discussing global economic trends. The revolution is presented as the next inevitable event that will sweep the entire world.
Imagine that you woke up this morning to the news that Jacob Zuma and Donald Trump had both just announced their resignations as President and that Robert Mugabe has been declared unfit to lead Zimbabwe! Now think of who you would choose to lead? More importantly, what qualities should the next leader have?
Is the accounting profession experiencing a crisis of credibility? Current events locally and internationally are demanding higher levels of accountability in the accounting and auditing professions. Unethical accounting and auditing practices in South Africa have reverberated globally, with the reputations of large accounting and auditing firms severely damaged by their links to public service corruption and financial misrepresentation by large multinational companies like Steinhoff.
Recognition of Prior Learning (RPL) boasts many benefits, the most obvious being the ability to fast track obtaining a qualification. Many people today have extensive experience in their field but not the qualifications behind their name to back that experience. RPL offers a solution for those eligible candidates.
One of the legal terms and concepts that appear to confuse employers and employees is ‘victimisation’. This is partially because the labour statutes do not deal directly with the concept of ‘workplace victimisation’. This is most surprising in view of the fact that victimisation does interfere with the right to fair labour practice.
THE INNOVATOR is a person or organisation that drives innovation and can be defined simply as a new idea, process or product. INNOVATION can be viewed as the application of improved solutions through more effective products, processes, services, technologies, or business models. ENTREPRENEURS & SMEs drive innovation by their use of inventive ideas, processes and products. Innovation is their catalyst for business growth.