Tag: business strategy

The massive fire at the warehouse of chemicals company UPL in Durban has created an environmental disaster whose scale is still not clear, and has put the company into the headlines for all the wrong reasons. While the facts are not yet confirmed, it’s clear that the incident holds many lessons for directors and regulators across all industry sectors.

Modern enterprises are increasingly leveraging big data to achieve faster and better business decision making power, and as well as to gain useful insights that can drive efficiency and improve the overall customer journey. Big data is essentially a combination of structured and unstructured data that is huge in volume and grows exponentially with time.

We can all agree that COVID-19 created an unprecedented wake-up call, and organisations everywhere have had a very powerful and direct reminder of the importance of systems resilience, agility, adaptability and scalability. Now, as businesses look for ways to outmanoeuvre the uncertainty heightened by the pandemic, the focus has shifted to sustaining operations under severe disruption, flexing to address highly volatile customer demand, and managing vastly increased needs for remote network access.

In a data-laden, disrupted, dread-inducing world, how can we see clearly into the future? How can we navigate through the data, become the disruptors and replace our sense of dread for the future with a clear-thinking, positive vision of things to come?

S12J refers to a section of The Income Tax Act. This section allows an investor to deduct the full cost of their investment into an approved s12J company against their taxable income. This benefit is available to individuals, companies and trusts and can be utilised against normal income as well as Capital Gains tax.

The point about stuff you don’t know, is generally that you don’t know that you don’t know. Which in some cases is kinda ok. However, when it comes to issues lurking in dark corners that have the potential to impact on your ability to trade, most leaders want a torch. They want and need to know what they don’t know. Which is why it is so critical for businesses to adopt purpose-centered business strategies.