Tag: behavioural change

Governance conversations everywhere - in boardrooms, conferences, and social platforms - are often punctuated by phrases such as “best practice”, “governance with purpose” and “future-ready boards.” Yet good intentions alone rarely change outcomes.

We cannot tax our society into behaving better. No matter how much we would like to believe otherwise, it remains ineffective. Behaviour-adjusting taxes, like sin taxes on alcohol and cigarettes, have failed to curb excessive smoking or drinking. The sugar tax has placed a heavier financial burden on the working class. However, it has not achieved its intended behavioural change.

If South Africa were a cat, it would be rapidly running out of its nine lives. In 2024, voters sent a clear signal to the fractured African National Congress (ANC) that they had run out of patience. It lost its majority and was forced to enter a difficult multi-party coalition.

We don’t like people urinating in public. At the same time, most liberal-minded people wouldn’t want somebody jailed for it or might feel uncomfortable seeing someone being flogged in public for the offence. Still, it is a bad habit; unhygienic and the nudity a bit of a shock on an empty stomach. We want a sense of order, don’t we?

As the year draws to a close, the festive season emerges as a pivotal juncture for both South African businesses and consumers, laden with anticipation and opportunity. With South African consumers facing financial hardships in the form of multiple interest rate hikes and fuel price increases, research indicates that South Africans are still projected to spend over R200 billion this festive season

From a smart retail perspective, it is crucial to understand that monitoring stock and other assets through camera surveillance and a variety of Internet of Things (IoT) sensors stretches further than the stores themselves.

It is essential to establish internal risk management control processes that align with specific strategic management outcomes. We firmly believe that effective Operational Risk Management Processes (ORMP) have two core aspects: alignment and attunement.

In its most literal sense, return on investment (ROI) is a profitability metric that refers to the business value derived from spend. It involves dividing an investment’s profit by its cost and is generally expressed as a percentage.

Change Management is often overlooked as a discipline that helps to ensure organisational change gains traction and is adopted by the employees it impacts. One of the simplest tools available to organisations is communication, however it is often underutilised or incorrectly implemented.

Cybersecurity education, through the use of anti-phishing training programs, is vital in a world where humans remain the weakest link in the cybersecurity chain. Cybersecurity is a term on every businessperson’s mind, as the legal, financial and reputational implications of a breach are massive.