South Africa’s banking industry is rapidly evolving in response to regulatory changes, economic pressures, technological advances and innovation in digital. “The evolution of technology and increased customer expectations combined with the emergence of disruptive competitors, is placing significant pressure on the banking industry to implement new strategies to remain relevant in the future,” says Jorge…
By Sanjay Vaid, Director of Cyber Security and Risk at Wipro Limited 7 November 2017 Banking has changed vastly over the past few years, as new technologies emerge to change the way we transact. Non-traditional methods of transacting, such as the blockchain and mobile banking, have emerged, causing an influx of data from multiple sources.…
Innovation is the new black What is disruptive innovation? The digital disruption interview Innovation is the new black Innovation mostly fails. It doesn’t need to. You shouldn’t let it. At the heart of your innovation process should lie a simple organising framework − an underlying structure and discipline governing what works and what fails’ If…
Too often, cyber security is considered to be exclusively the domain of information technology (IT) and cyber security specialists. This is unfortunate, as we are progressing towards a future where an interdisciplinary approach will be crucial to deal with complex systems and their systemic fragilities, where cause and effect are not evident at all As…
We’ve been spending some time discussing the power of compounding and how to assess critically whether your investment returns are beating your own personal inflation. But, how do we view our financial wealth and whether it’s increasing in value? Do we look at the growth in value over a specified time period, or do…
The next time you are asked to speak, you can use this simple structure to script your speech. This structure works very effectively for short talks of between 7 and 18 minutes. Your first 45 seconds: The most disengaging way to start speaking is to tell people your name, the title of your talk, and…
SEA few months ago, the Statistician-General released a report showing an increase in people living in extreme poverty. This may seem like a social problem removed from business, but it is closer to business leadership and the decisions taken daily. More and more leaders are exposed to either societal pressure, client or market pressure, social…
The business world is a bewildering, fast-moving place right now. But don’t fall into the trap of bunkering down and doing nothing, because this will cost you in the long run, says Kevin Phillips The largest enemy of change and leadership isn’t a “no”, it’s a “not yet”. “Not yet” is the safest, easiest way…
‘It’s about time in the market not timing the market’ goes the golden rule of investing. Dalbar’s research found that over the past 20 years, investors in equity funds have lagged the S&P 500 benchmark by an average of 4,66% per year. Trying to time the markets is a key destroyer of wealth creation. So…
There is compelling evidence that we sit too much − the negative health effects are real and measurable. Sitting is worse for the otherwise inactive but it even affects those who do exercise! ‘Sitting is the new smoking’ has become quite a popular phrase in recent years. The notion is that sitting is a significant…