Enterprise Africa - March 2019
Now is a crucial time in the South African business community. Leadership changes at key organisations, and preparations for political elections make for a tumultuous run up to the financial year end.
Prasa, Cell C, DHL Express SA, Microsoft SA, HP, Petra Diamonds, Alexander Forbes and many more have all announced new appointments in top roles recently, and these new leaders will have their work cut out.
The National Treasury has revised economic growth projections down from 1.7% to 1.5%, and the medium-term future remains subdued with projections only getting up to 2.1% by 2021.
But in this environment, the innovative and ambitious companies are those that thrive. So, Enterprise Africa is bringing you stories from industry leaders who have all faced change to stay at the top of their game.
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Business Furniture Solutions, a leading office solutions supplier, has made the jump from simple distributor to manufacturer, and is reaping the benefits. Argon Asset Management is changing to become more of a wholistic wealth and finance management business. Dimension Data, one of the leading tech businesses in SA, is investing in BPO capability in Canada. Power Developments is embracing change in the market and investing in micro-living. Pierre Cronje is developing a furniture range which is slightly more affordable but still high-quality in order to open up new market segments.
Without a refining of strategy and refocus of activity, these organisations might have been facing a different future. Instead, they continue to lead the way in their respective sectors, despite ongoing economic and political uncertainty which is a continuing drain on commercial activity.
Perhaps your business has had to take action to change course. Perhaps a new strategy has breathed new life into our operations? Talk to us online and let us know. @EnterpriseAfri1