Newsletter • November 2013. unsubscribeview online
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Winds of Change

British Prime Minister advised that “Success will go to those companies and countries which are swift to adapt, slow to complain, open and willing to change…”

Living in a world founded on a “Global based economy” means that we are enormously inter-connected. There has been a rapid moved towards economic, financial, trade and communication integration. We are no longer just competing with our neighbor, but the whole world is now outside your door step.

We hear of businesses rightsizing, downsizing, restructuring and changing, but these are all buzz words explaining the attempts being made by companies in order to stay competitive in our global world. Some businesses have opted to use all their resources on the core functions of the business and outsourcing any support services like HR, payroll, logistics and IT services.

There are two key factors that every business must involve in its operative in order to remain competitive; knowledge and innovation. Knowledge, entails gathering and processing information about the continuously changing environment and innovation which allows the company to align itself with the ever changing world as well as apply new solutions that meet new requirements. Continuous change allows an organization to strive, even through tough economic conditions.

In order to know where to start when bringing about change, management will be faced with the task of identifying the “problem areas” or areas where a business can improve. This can be achieved by a thorough and effective organizational audit. An effective organizational audit, which gets to the root cause of the deficiencies in an organization, will not only ensure positive change but longer lasting change for the organization.

Kulungile Nkosi
H.R. Officer

Sources:
Piore and Sabel (1984) The Second Industrial Divide Ch1
Hirst, P & Zeitlin, P (1991) Flexible Spiecialisation versus Post Fordism (End note)
Burke, RJ & Cooper CL (2000) The Organisation in Crisis: Downsizing, restructuring and privatization, Oxford, Massachusetts: Blackwell

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Industry updates
Positive News for SA International Arrivals (IA) thus far this year 9.2m, up from 3.4m in 1994. Growth rate in IA in 2012 was 10.2% - more than double the global average.
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