Nobody enjoys failing. We all want to make a success of our lives, our work and our endeavours. But in recent years, there’s been an increasing acknowledgment that failure is an integral part of life – it is essential to how we learn and grow. Failure, thought leaders have mused, means taking risks, which is…
So, you’ve survived the start-up phase of your business. Now it’s time to grow. Here, I unpack three strategies to help you along your way and suggest a few ways to shake up your growing business. Whichever you decide to experiment with, the Golden Rule is this: take it slow and have a plan. Expanding…
I recently came across a book by Ben Horowitz called The hard things about the hard things that describes the difficulty of starting and running a business. What the author had to go through seems like a movie and often while reading it I would think I would have given up numerous times. However, the…
You can partially compensate for the lack of strong alternatives in a negotiation by mentally simulating a realistic but ambitious alternative. Read more
The popularity of cryptocurrencies has resulted in questions about their tax treatment. Depending on the facts and circumstances, capital gains tax or normal income tax may apply. Geneva Management Group tax expert Ruaan van Eeden believes that, in the interests of the taxpayer, SARS must act quickly to clear the confusion. Read more
If you ask people who the decision-makers are in their organisation, it’s likely that they’ll point towards the CEO and other senior executive directors. The truth is, however, that each person in the organisation takes decisions that have the potential to affect not only themselves but the entire company. Every person is a decision-maker. Realising…
When your employees (and maybe even you, as their manager) aren’t allowed to grow, they begin to feel that they don’t matter. They feel like a cog in a wheel, easily swapped out. If you aren’t invested in them, they won’t be invested in you, and even if they don’t walk out the door, they…
More than 1 000 C-level executives worldwide identified the issues they expect to command their attention in the coming year. Of the 28 challenges from which they could choose, their biggest concerns weren’t headline-worthy global issues like political instability, climate change, terrorism, or a global recession. Rather, the top challenges vying for leaders’ action focused…
Blockchain has great potential to enrich the accounting industry by reducing the costs of upholding and reconciling ledgers and providing unqualified certainty over the ownership of assets. Furthermore, it will free up resources to concentrate on planning and valuation, rather than just plain bookkeeping. Blockchain is a software platform for digital assets. It is a…
A number of significant security-related events have taken place over the last couple of years − think back to the WannaCry ransomware event and Equifax data breach of 2017 or, more recently, the local Viewfines.co.za breach. The common theme: a large amount of sensitive user information being leaked or stolen. The world in which we…