Finding someone to step into your shoes: Succession planning for your business
The Eskom crisis demonstrates again the importance of proper succession planning—IoDSA The current crisis at Eskom has a number of governance lessons for South Africa, one of which is the vital importance of proper succession planning for key senior positions. The imminent departure of both the chief executive (CEO) and chief operating officers (COO) of […]
What to do after discovering fraud in your business
Anyone who’s ever had the misfortune to fall prey to credit card fraud, knows that it’s a huge hassle. If you’re running a business, you should be aware that your business may be at an even greater risk of having its financial data compromised, which can have much more serious implications compared to that of […]
How a data-driven culture can transform your business
In today’s digital era, data has become an essential resource for businesses to grow and thrive in a competitive market. But not all companies are taking advantage of this opportunity. In fact, many organisations are still struggling to understand how they can benefit from their data assets and use them effectively to improve their performance. […]
The importance of professionalism
Professionalism is defined as a person’s conduct at work. It refers to the level of competence or excellence that is expected of a professional. One should never apologise for having high standards and rather provide the level of expectation. It is the employer’s duty to ensure good performance by all his/her employees, so their company will be viewed as professional. Employees should be made aware of the […]