Thursday, November 21African Digital Business Magazine

Tag: business tips

Business

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 growing at the rate you desire. Luckily, there are many actionable and working solutions you can use to scale your business fast. Before launching a growth plan for your business, you need to understand the steps involved to ensure you have an effective strategic change management strategy. In today’s post, we’ll briefly discuss steps you can follow to guarantee growth for your business. Set Goals                              ...
South Africa News

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, will survive. One such partnership kicks off in Cape Town tomorrow (Tuesday 3 August 2021). The “Small Business Spotlight” initiative is the brainchild of SME funder Lulalend and one of the city's online magazines CapeTownMagazine.com. The nationwide initiative is designed to encourage all of us to support our favourite local businesses by showcasing them to a broader audience. The devastating impact of the pandemic on SMMEs is well documented, says Lulalend CEO Trevor...
Business, South Africa News

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 secret to effective collaborative leadership lies in collaboration itself: COLLAB. Converge the goals Organise the dance Lead and Localise the climate Assess the process Build in bandwidth and measures  With these principles as a compass, any decent leader can become a great leader. Converge the goals              Whether we are managing a project, performing a task, or leading a meeting, ensuring the team has a single, unifying aim...