Tag Archives: business tips

Putting people first: The power of being a purpose-led organisation

Companies are shifting away from viewing success only through a financial lens, by taking on a more progressive, people-centred and purpose-led approach to business. Savina Harrilall, Chief People Officer at Mukuru, shares insight on how to recognise and develop the unique talents of each employee that creates value beyond profits. By embracing diversity, connecting with communities and fostering strong leadership to empower employees, South African businesses are able to make a positive impact.

9 things SME’s can do to look after their staff during the cost of living crisis

As the cost of living crisis continues, employers must recognise the importance of supporting their employees during these challenging times. From both a business and human perspective. Financial stress can significantly impact employee wellbeing, job satisfaction, and productivity. As a result, many organisations are taking steps to provide support and alleviate some of the financial […]

Grow with Intention: How to Make The Best Investments for Your Business

Every business needs to grow. It does not, however, need to consistently achieve extreme profit margins and beat the previous quarter’s results repeatedly. So long as your business is profitable, then you’re doing wonderfully. However, this does not mean you can keep things the same for years to come. Markets change, new tools arise, and […]

There is no single formula to start a business, all you need is passion and purpose

Photo credit: Startup Stock Photos (Pexels.com)

By Catherine Wijnberg This article takes a realistic and practical perspective of business start-up using lessons from my extensive start-up experience and those of hundreds of South African entrepreneurs I have worked with across every industry over the past 15 years. It is also why I can admit that unlike baking a cake, there is […]

Game-changing strategies for small businesses

By Catherine Wijnberg When times are troubled and uncertain, businesses need to evolve and remain competitive. Developing a change strategy process can be overwhelming but it does not need to be complicated.  Here are four easy steps to a change strategy process that will give your business purpose and direction: Set your intention Create quiet, calm time to assess the […]

10 lessons in 10 years: what I’ve learned as a successful business owner which may surprise you

By Gareth Price, Founder of Cloudworx and Investmint; 5 time Ironman finisher 10 years ago, I started a business.  Or so I thought.  What I did was I went to the shop and spent R4 000 on a printer and printed a few letterheads and business cards.  And I declared myself self-employed. I was armed […]

Payment fraud – top five scams to look out for

The truth is, all businesses are at risk of being scammed at some point, and just one incident can cost a company millions of Rand. Ryan Mer, CEO, eftsure Africa, a Know Your Payee™ (KYP) platform provider, says that fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate payment systems and it’s […]

Mitigating the risks of payments fraud

Global losses from payment fraud have tripled from US$9.84 billion in 2011 to US$32.39 billion in 2020, according to Deutsche Bank’s 2021 report on the future of payments. And financial professionals are saying COVID-19 hasn’t helped matters, with 65% believing that the global pandemic is to blame for some of the accelerated rate in fraud […]

3-Step marketing toolkit for regulated industries

Marketing professionals have always been creative problem solvers, and these skills need to be ramped up when operating in regulated industries such as pharmaceuticals, healthcare, finance, insurance and hospitality. Stringent laws and regulations, not to mention lengthy approval processes, can seem like too many obstacles in the way of highly effective creative communication campaigns. “Marketing […]

Key Steps To A Growth Strategy That Works

As an ambitious and growth-oriented entrepreneur, you don’t want an average business. You want constant growth that takes your business to the next level. This involves using strategies that support expansion in your operations, boosts business productivity and improves your competitiveness in the industry.  The problem arises if you feel like your business is not […]

Collaboration and Partnership will get SMEs through these difficult times

Small businesses in South Africa should tap into existing business community, partner and supplier networks to help keep their heads above water in these tough times. It is only by finding creative ways to stand together and help one another that this vital sector of the South African economy, employing 9 out of 10 people, […]

Five principles for collaborative leadership

Andy Brough The COVID-19 pandemic has placed a bright spotlight on our leaders. With companies switching over to remote working in unprecedented numbers, a new form of leadership is needed. Although the uncertainty of the time puts pressure on both employees and management, leaders must rise to the occasion and provide the required stability. The […]