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The silly season is over and as we all recover from a few seasonal indulgences, it’s not uncommon to resolve to do better in the upcoming year. We set goals to spend more time in the areas where it matters most; some of us want to be fitter, others want...
The cornerstone of any successful business is a well-executed, thoughtful financial strategy. And all financial practitioners will agree that a financial strategy begins with financial planning. Indeed, financial planning is the very first principle of financial leadership in any organization. According to smallbusiness.chron.com, planning “helps an organization chart a course for...
A small business owner recently explained one of the reasons he had moved to using smart phone technology to bolster his point of sales devices. “People used to say, “the cheque is in the mail,” he said. “Nowadays, they say, “I’ll EFT you.’ It could be a month before you...
Imagine for a moment you had the recipe to the best strawberry jam in the world. This recipe, a closely guarded family secret, has been passed down from one person to the next for decades. When people taste your strawberry jam, they are in raptures. They can’t get enough of...
This new year of 2015 marks the halfway point into the second decade of the century. It’s what has become known by many as the era of African growth. Over the last few years, the continent has known unprecedented economic growth and attracted more investment than ever before. So can...
Traditionally, a company will implement a turnaround strategy when the red lights are flashing. Sales may have plummeted, the board or management team may have seen a mass exodus, or economic factors may have led the numbers to look grim, and the future may be looking even grimmer. But when...
How often should your corporate strategy be reviewed? It’s a question that strategists are asked frequently. And the answer isn’t as simple as a number. The business dictionary defines corporate strategy as “the overall scope and direction of a corporation, and the way in which its various business operations work together...
Every company in the world needs someone to take care of their finances. It could be in the form of a company accountant, a finance manager, a bookkeeper or a high-flying CFO. Finance directors come in various shapes and sizes, but they are undoubtedly everywhere! With so many finance directors...
If you’re wondering what a strategy facilitator is and whether your company needs one, picture this. You’re in a strategy meeting and the following scenario is playing out. Steve has identified the best and seemingly only way for the company to meet its long-term goals. He is trying with much energy...
