Discipline, risk management and good governance are some of the reasons identified by Ahmed Seedat – founder of Vector Consulting and renowned author – why family-owned businesses along the lines of Cape Union Mart, Karanicha’s and Verimark continue to do well...
As your family business embarks on a self-reflective journey, family members must take stock of where their business is and where they want it to go. Chances are, if you are reading this, you have an interest in family-owned businesses, or you own one or work in a...
When it comes to strategic planning and brainstorming for the good of your small to medium business (SME), a SWOT analysis comes very much in handy. You should conduct this analysis with a specific question or objective in mind if you want to get the most value out of...
Transition means the process or a period of changing from one state or condition to another.Strategy means a plan of action designed to achieve a long-term or overall aim. A business transition plan is essential in helping you set up the priorities, goals, and...
A SWOT analysis is a business analysis procedure conducted to make sure there are clearly defined goals for any project and that any factors related to the said project are identified properly. Performing a SWOT analysis of your small to medium business does not take...
Performance reviews are an essential part of employee development and they are intended to be a balanced and fair analysis of company employees’ performance. The aim of performance reviews is to give all employees of a business and their supervisors a chance to...