Tag: upskilling

The next three months create a mad dash to financial year-end for many businesses. Either December or February deadlines now approach quickly. With just weeks to go, finance and HR heads face mounting pressure. They must ensure all skills development measures are in place to maximise B-BBEE scorecard points.

Supporting female entrepreneurs isn’t just a moral imperative, it’s also a business opportunity. Numerous studies show that women-led businesses are often more capital-efficient, demonstrate higher returns on investment and foster inclusive team cultures.

In an era increasingly shaped by rapidly evolving technology, many equate good leadership with a calculated focus on profit maximisation. This trend often creates the belief that society’s future depends solely on innovations in algorithms and devices. However, my experience leading South Africa's foremost home services platform has taught me otherwise.

The Artificial Intelligence (AI) skills revolution is no longer a future concept or speculative technology. Generative AI is here now. It is rapidly reshaping industries and rewriting the rules of competitiveness. In South Africa, generative AI holds immense potential. It can drive inclusive economic growth, boost productivity and spark entrepreneurial innovation.

Really think about it. What would your answer be? Would you fall into the 40% of global CEOs who, according to professional services giant PwC’s 28th Annual Global CEO Survey, doubt their companies will still exist in the next decade? If the answer is yes, ask yourself why. Now ask yourself: “Are the people in my company happy?”

It is incredible to witness the passion and optimism currently fuelling growth in the accounting profession. The 2025 State of Small Business and State of Accounting reports show promising trends. A majority of firms (85%) have increased revenue in the past 12 months. Even more (88%) expect further growth in the year ahead.

60% of business leaders say the country is the most attractive location for offshoring. South Africa (SA) is increasingly becoming a preferred location for international companies seeking to offshore or set up shared service centres. New data highlights that companies are increasingly viewing the country as a strategic option.

Generation Z, born between 1996 and 2012, is poised to make up one-third of the global workforce by 2030. This shift is ushering in a new era of challenges and opportunities for employers. We released a new global white paper titled The Future of Generation Z is in Employers’ Hands. It reveals the pressing need for businesses to adapt their workplace strategies.

As organisations enter the new year, many are refreshing strategies and refining goals. They are doing this amidst a rapidly changing landscape. About 80% of companies consider change part of their long-term vision and 100% of C-suite executives anticipate workforce transformation. Yet, only 30% feel confident in their ability to manage change.

The pace of change in the workplace is accelerating at an unmatched rate. To thrive in this competitive environment, companies must prioritise learning (and the ease of accessing learning). They must also elevate this function to the forefront of their strategy. This focus is especially crucial given the rapid advancements in AI and technology.