The management of transport and logistics, and the systems underpinning it, has been revolutionised over the last 20 years. No longer are shippers and logistics providers relying on small teams of human resources, spreadsheets and phone lines. Today, as local and global markets have become increasingly globalised, shippers and logistics providers require robust, always-on-and-accessible transport […]
Change in any circumstance is complex, interrupting the certainty and habits with which have become accustomed. In large organisations seeking improved company, team and individual performance, change management is a process that can add tremendous value to these efforts, if implemented in the correct way. In this installment of Letsema Talks, Sharika Singh, Senior Manager […]
Small, Medium and Micro Enterprises (SMMEs) are an important vehicle to drive economic growth, job creation, and social development. Yet, SMME development in South Africa faces several hurdles as they seek to grow, with one potential avenue being a support ecosystem underpinned by large businesses. In this installment of Letsema Talks, Shenelle Nair, Engagement Manager […]
Author: Strategy & Enablement Practice Small, Medium and Micro Enterprises (SMMEs) have the strengths to drive economic growth in South Africa, particularly in areas of high unemployment if these are leveraged and weaknesses addressed through comprehensive multi-dimensional support programmes. Corporates and South Africa at large have a vested interest in growing and developing SMMEs as this […]
Developing Small, Medium and Micro Enterprises (SMMEs) as suppliers to larger businesses can be a catalyst for positive economic and social change. A four-pillar support approach is one way of creating sustainable long-term enterprises. A thought-out entrepreneur selection and screening process is a pre-requisite to ensuring a successful outcome of the four-pillar approach. This is […]
In this installment of Letsema Talks, we speak to Rowan McDonald, CEO of Letsema Corporate Finance about the crisis within the aviation sector. In our discussion, Rowan breaks down the significant financial challenges facing the sector at large, especially airlines, the subtle differences between private and state-owned airlines, and how airlines are attempting to anticipate […]
The COVID-19 pandemic saw South Africa’s economic growth rate plunge 16,6% in Q2 of 2020 and while it recovered by an estimated 13,5% in Q3, lockdown restrictions introduced over the course of 2020 have had a significant impact upon South African business. According to Statistics South Africa, the overall number of companies that were liquidated […]
For decades, HR practitioners, business owners and team leaders have been vexed by what effect company culture has on employee motivation, and vice-a-versa. This is the question that saw Lindsay McGregor and Neel Doshi in 2015 survey 20,000 workers in 50 major companies, conduct a series of experiments and peruse a score of academic research. […]
The lean start-up methodology has helped entrepreneurs establish new businesses. Eric Ries’ 2011 book The Lean Startup: How Today’s Entrepreneurs Use Coordinated Innovation was an important milestone in the methodology’s cultural popularisation, even though its roots can be traced to the early 1950s and Taiichi Ohno’ lean manufacturing principles. The methodology gradually evolved overtime, with […]
Strategy in essence is a plan of action designed to achieve a specific aim or objective. Formulation typically begins in abstract terms and gradually solidifies into on-page-prose. One way of doing so is through developing a strategy map. A strategy map is a visualisation of the strategy planning process. A strategy map categorises the […]
