Economic realities impact businesses directly. In South Africa we are in dire need of economic growth to stimulate the business sector to flourish, expand and create much needed employment opportunities.
The Entrepreneur of the Year Competition (sponsored by Sanlam and Business Partners – see www.eoy.co.za) celebrates entrepreneurial excellence in the midst of tough economic times. Some businesses manage to grow and flourish even in these times.
A dipstick analysis was done by asking the finalists of the 2018 competition the following question: “What are you doing to steer your business through the current maze of economic and political uncertainty? ”
Their responses are enlightening and worth consideration.
Business Area: Operations
Business Area: Marketing and Sales
Business Area: Information Technology
Business Area: Human Resources
Business Area: Management
The winner of the 2017 Entrepreneur of the Year Competition, Willem van der Merwe, stated that our decisions can either lead to excuses or to results. Will difficult economic circumstances be our excuse not to grow our businesses or the reason why we manage our businesses to further growth and success?
To support business owners with the important task of business planning, Sanlam gives you free access to the book Your Annual Business Game Plan for Success, which provides an easy and straight forward framework needed to draft a well-crafted game plan that will create the positive change and growth necessary for business success.
Go to www.sanlamgameplan.co.za to download your free copy.
Article written by Jannie Rossouw, Head: Sanlam Business Market