The aviation sector is facing a crisis unlike any other in history, yet a path to recovery remains. As we have previously discussed, sector losses totalled US $118 billion in 2020, with demand down 65,9% compared to 2019. Amid this fallout induced by the COVID-19 pandemic, airlines have begun clawing back towards profitability, albeit gradually […]
Tourism is highly reliant upon aviation to transport customers to their locations, and through tourism economic spend, jobs are created, poverty alleviated and in the case of eco-tourism, conservation initiatives receive vital revenue. A host of industries operate either up or downstream through aviation within the tourism sector alone, while air freight is a vital […]
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 […]
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 […]
