Paul Kagame, President of the Republic of Rwanda once said: “Development is about more than money, or machines, or good policies – it’s about real people and the lives they lead”. As our country grapples with economic transformation and growth, this quote is particularly relevant, highlighting the need for sustainable interventions and partnerships between corporate South Africa and other stakeholders. With economic growth forecast at a meagre 1%, unemployment at more than 26% and inflation hovering at the 5% mark, it has never been more important to foster entrepreneurship. With each viable business added to the marketplace, employment is created, and resources are utilised, adding to the national product and per capita income of a country.
Consumers, corporate citizenry and regulation drive the demand for sustainable business practices
The last couple of years have undoubtedly been both extremely hopeful for sustainable business practices. The Paris Agreement was ratiﬁed faster than any other similar pact in history, and globally more and more organisations have taken real strides towards their goals of renewable and sustainable business practices. Locally, South African businesses and consumers alike are anticipating the introduction of the long-promised Carbon Tax Bill, which will see penalties levied against excessive carbon emissions.
Since the mid-90s, with the advent of accessible and exponential technology development, thought leaders within every field have touted the need for digitisation as the antidote to all ills.
Arguably, this race to adopt the latest technology has left a battleground scattered with failed organisations, who lost sight of their core value creating levers in their pursuit of digitisation, and suffered the ultimate price.
It keeps you awake at night, it is on your mind always, your phone buzzes at all hours of the day, it is temperamental, tricky to handle and everyone has advice on how to do it better. A relationship? No…it’s your supply chain. As a supply chain professional you likely eat, breathe and sleep every detail of your operation and obsess over every transaction, load and shipment. Here are some ways to keep the passion for supply chain alive within your organisation.