Tag: sustainability

As the year that is 2023 heads over the halfway mark, those who have focused on people management over the months prior will likely be thinking of ways to bring even better structures and levels of productivity to the fore, says Charles Edelstein of Executive Placements.

An effective rewards and recognition program helps businesses achieve their strategic objectives by attracting and retaining talent, increasing employee engagement and morale, aligning employee behaviour with business objectives, and fostering a sense of ownership and accountability.

To minimise environmental impact, many organisations seek to implement eco-conscious strategies into their operational practices.

During its formative years, blockchain technology became synonymous with the advent of cryptocurrency. Today, its use cases have transcended the world of finance, expanding into sectors such as retail. In Africa, its application in payment technology has demonstrated blockchain’s ability to revolutionise several touchpoints from supply chain to final sale.

Today’s digital technologies create vast quantities of data, which is where opportunities for improvement lie. However, much of it goes unused. In fact, the average plant uses only 20% of the data it generates.

For the first time in history, there are five generations in the workplace. From Generation Z (Gen Z) to the silent generation, the diversity of life stages is the most complicated it's been in history. In the same way that corporate culture and policies are evolving to stamp out issues like the “wage gap”, organisations need to address the issues created by the “age gap”.

Business premises is one of the first places companies take stock of when assessing their electricity usage and the optimisation thereof. And rightly so, approximately 30% of global greenhouse gas (GHG) emissions, and 70% of energy consumption are attributed to buildings. Moreover, it’s estimated that 30% of energy is wasted in buildings.

Approximately half of Africa’s family-owned businesses believe their customers do not trust them. This key finding from our Africa Family Business Survey 2023 should be viewed as a notable concern for the continent’s family businesses, many of which have spent decades crafting their legacy.

South Africa is currently experiencing challenging political and economic conditions, which has a direct impact on the financial and trading performance of businesses. Vulnerabilities to external shocks have also converged at the worst possible time in our post-pandemic economy, with the impact rapidly manifesting in financing becoming more difficult to secure, more expensive and dwindling foreign direct investment.

Business and Human Rights (BHR) has become increasingly important due to the world's increased focus on Environment, Social and Governance (ESG). Human rights due diligence and human rights impact assessments are some of the key controls that guide corporate strategy and planning on BHR matters.