Tag: business model

Amid the economic downturns, market retreats and liquidations of COVID-19, start-ups have been one of the worst affected. A pronounced lack of funding and sales has left them cash-strapped and consumer hungry, with roughly 74% of these young businesses experiencing revenue decline since the beginning of the crisis.

With GDP growth prospects forecast at a meagre 1.3% for 2019, and 1.7% in 2020, business confidence in mid-2019 remains at an all-time low. Exacerbated by policy uncertainty, debilitating bouts of power cuts, challenges in industries such as mining, and political events like national elections, getting out of the slump continues to be a pipe dream for corporate South Africa.

How should companies and organisations respond to the unpredictable consequences of the recent downgrade of South Africa’s credit rating by two major agencies? Business owners, senior managers and company executives need to prepare themselves for a bumpy second quarter in 2017, with the only certainty being that nobody really knows how much the downgrades by rating agencies and the weaker rand will impact on the economy.

Organisation Designs describes how the design of an organisation changes as it grows and the volume of work increases. Through understanding the work an...

The financial services landscape is in a state of constant change. The challenge for most players in this industry is adapting and evolving their business...