Tag: disruption

Disruption has become the norm in today’s global supply chains with various challenges impacting the efficiency and reliability of logistical operations. South African organisations must embrace a proactive mindset and develop robust strategies to deal effectively with disruption in this ever-evolving landscape.

Undertaking high-impact change throughout the organisation can potentially create business opportunities while entrenching resilient and engaging customer experiences. Fast, agile and dominant. These are the terms used to describe technology companies and that McKinsey believes are key to the success of the organisation.

Holograms and virtual reality (VR) have long been a feature of the supposed 4th Industrial Revolution (4IR). When President Cyril Ramaphosa opened the first 4IR SA summit in 2019, his address was live-streamed as a hologram to the Rustenburg Civic Centre.

The pressure to optimise costs and maximise productivity is at the forefront of all business leaders’ minds. Today, this pressure is exacerbated by disruptive technology, the increasing complexity of geopolitics and global trade, evolving risk and regulation, and the ongoing race to find and keep the right talent with the right skills.

Of the companies we research, the tobacco industry has some of the best structural fundamentals. Tobacco consumption is relatively price-inelastic, which means that price increases can make up for falls in sales volumes. Taxes make up a large portion of sale prices.

Only 25% of the world’s population is comfortable with changing the status quo and doing things with an innovative twist. These individuals are often called disruptors or innovators.

Business leaders are facing an increasingly disruptive business environment, driven by supply chain constraints, critical skills shortages, hyperinflation, slowing economic growth, and persistent energy challenges, to name a few.

Flip your mindset from problem-focused 'yes but' thinking into an opportunistic 'yes and' mentality using the Dutch art of flip thinking. This international bestseller introduces the power of flip thinking to transform stuck-in-the-mud, pessimistic 'yes, but' thinking into an inventive, curious 'yes, and' mindset.

In any workplace, the relationship between management and the workforce can become tense or strained, for any number of reasons. Often, these tensions can escalate into industrial action, which can be severely disruptive to business.

In the second part of this two-part series, I outline the skills that will be required by present-day HR professionals – for now and into the future. The future of work will place an extraordinary demand on HR professionals to lead their organisations strategically through this disruptive period.