Innovate both process and product –Tip 13

When choosing between product and process innovation…choose both, says Mario Pretorius. It’s not an either or. Getting the process innovation right (by doing it in parallel rather than in series) will create time for the magic of product innovation. There are 2 directions of innovation: Product innovation (Expensive and difficult) Process innovation (Cheaper and easier) … Read more

How Net1 has innovated its way to global success despite some bad press

Net1 has had some very bad publicity over the last few weeks, with a slew of articles criticising its practice of making various deductions to the social grants that it pays out using its proprietary payment solution, and for making what some have called predatory loans to social grant recipients. The kerfuffle has involved the … Read more

Best blogs 2013: Andrew Horton teaches us how to develop the skill of innovation

Everybody knows they need to be creative and innovative in business, but few people know how to tap into inner resources to come up with ideas that no-one has thought of before. A notable exception is popular South African and international speaker Andrew Horton, who has extraordinary insights into how to do business better. In … Read more

Tips on how to reinvent your business, from SA’s ‘dealer in hope and optimism’

It’s easy to be worried about your business’s long-term sustainability when you look at the speed at which technology is putting companies and industries into intensive care. Don’t accept what looks like the inevitable, though, because often the biggest business ideas are to be found in the most challenging times – right under our noses. … Read more

Charlie

Answering the core question of existence – How will you measure your life?

By Alec Hogg There’s a lot to be gained from reflection. Since leaving Moneyweb, I’ve been drawing on the wisdom of a “most admired” group. Many have provided sensible guidance. But two pearls stand out: Charlie Munger’s advice to give yourself the best hour of every day; and Jannie Mouton’s recommendation to spend lots of … Read more