Introduction - Vision and Mission Setting the foundation for a successful business requires a clear understanding of its vision, mission, purpose and goals. These elements don’t just describe what the business does, it helps to shape the business identity, guide its...
Automation and innovation are critical drivers for business growth and competitiveness in today's rapidly changing environment and because there is a significant synergy between the two principals, a balance ensures that your business remains efficient while staying...
Understanding AI, BI, and Machine Learning role in Organizational Systems In today’s rapidly evolving global technological landscape, terms like Artificial Intelligence (AI), Business Intelligence (BI), and Machine Learning (ML) are becoming frequently used terms,...
Marketing versus Advertising In today's competitive business landscape, marketing and advertising are two fundamental disciplines that drive growth and success. Marketing and advertising are often used interchangeably, working in tandem to each other, but are not the...
New Retirement System to be implemented Starting from September 1, 2024, South Africa will implement the much-anticipated new two-pot retirement system, which represents a significant change in South Africa’s retirement landscape, aimed at providing greater financial...
Have you considered a Business Valuation No matter the size of your business, a business valuation must be done at some point – maybe multiple times and in multiple ways to determine your business worth. Understanding the true worth of your business is pivotal,...
Board composition impact on the bottom line The composition of a board of directors plays a pivotal role in steering a company towards success, as a well-structured board composition positively impacts financial performance and governance, benefiting both the company...
Succession planning and exit strategies Understanding Succession planning and Exit strategies Succession planning and exit strategies are critical components of any business's long-term planning, ensuring continuity and minimizing disruptions during leadership...
Costing and Pricing Strategies - Part 2 Following last month’s article exploring the definitions and key principles of costing and pricing strategies, we continue to explore these two business principles that are both are crucial for the financial health and strategic...
Costing and Pricing Strategies - Part 1 In the fast-paced world of business, the concepts of pricing and costing strategies are both crucial in business management but serve different purposes that involves different processes and addresses different aspects of the...
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