Newsletters & Blogs
 
Blog Continues on www.governancesa.wordpress.com - 2014-03-27

Please note that this BLOG has moved to GovernanceSA on Wordpress - please follow us there. For any queries please don't hesiate to contact us on roger@sinkorswim.co.za Roger Hitchcock ... more

Protection of Personal Information Act (PoPI) and what it means to business. - 2013-11-05

All businesses keep personal information of some kind – be it employee records, customer information or data related to their supply chain. PoPI (the Protection of Personal Information Act) is going to change the way we handle this information from the point it is collected right through to how it is eventually disposed of or destroyed. ... more

Playing the NEW GOVERNANCE GAME!! - 2012-05-30

 The KING III Code of Corporate Governance; is changing the way all businesses operate in South Africa – it applies to everyone (all entities no matter what size or structure); was necessitated by the promulgation of the New Companies Act – that brings South African Company Legislation into the 21st Century and emphasises the r... more

Now that the year is well underway - what does 2012 hold for us all? - 2012-02-13

Well, the year has begun, as each one seems to, with a mixture of hopeful anticipation and pondering expectation – what will be good, what will be bad, what will we enjoy and what will we dread? Each of us lives in 3 circles, the circle of the individual, the circle of the group or the team and the circle of the organisation – much ... more

Your business: crustacean or invertebrate or vertebrate? - 2011-09-13

Your business: crustacean or invertebrate or vertebrate? The primary (and most obvious difference) between a crustacean, invertebrate and vertebrate is its structure. Crustaceans are typified by hard external skeletons or exoskeletons that provide the creature with its structure and form along with protecting it from outside dangers. This rigid e... more

My thoughts on “All The Devils Are Here – The Hidden History of the Financial Crisis” by Bethany Mclean and Joe Nocera. - 2011-09-13

My thoughts on “All The Devils Are Here – The Hidden History of the Financial Crisis” by Bethany Mclean and Joe Nocera. As I finish reading “All The Devils Are Here – The Hidden History of the Financial Crisis” by Bethany Mclean and Joe Nocera I am more and more convinced of the need for: Robust Strategi... more

Beyond the ABC’s of the Consumer Protection Act – Understanding what it means to your business and WHAT TO DO ABOUT IT! - 2011-08-02

As the South African market (both consumers and suppliers) gets more and more exposed to the Consumer Protection Act the emphasis for businesses is moving rapidly away from “Tell us about the CPA” to “Help us to make the necessary changes in our business!” There is a real need to quickly get way beyond the basics of the ... more

The Consumer Protection Act: Businesses and Business Associations need to get their acts together! - 2011-02-03

 The Consumer Protection Act is set to radically shake up the sales and marketing environment in South Africa – and in a sense bring us into line with the rest of the world... and take us even further. I get calls all the time from “both sides of the fence”. Consumers call to find out how and where they can take action (on ... more

What Core Competencies does your business have? - 2010-10-25

The new World of work demands a whole new set of skills and talents – but also significantly also requires different mindsets and attributes. Some of these include; Accountability vs Independence Interdependence vs Dependence Transparency vs I’ll do it my way Collaboration vs Competition Integration vs Separation into Silos ... more

Responding to the requirements of the Consumer Protection Act (AEIOU – getting the Core right): - 2010-10-06

How does a business respond to the new significantly expanded requirements placed on marketing, sales and customer services under the Consumer Protection Act?? Traditionally sales and marketing has been dominated by what I call a “tell and sell” approach – in other words we have a product or service that we seek to actively tel... more

Dates for the implementation of the New Companies Act and Consumer Protection Act have finally been announced. - 2010-09-29

So it has now been made “formal” – there is going to be a delay in the implementation of the New Companies Act and Consumer Protection Act until April 2011. It this a breather or just further opportunity to “get ones house in order”? The delay is certainly an indication of the extent of the changes that are anticipat... more

You’ve simply got to know what your customers want… - 2010-09-22

The Consumer protection Act is serving to highlight a few critical business issues. One of these is that doing business is about marketing, selling and delivering a product that customers really want – in terms of use, purpose, quality etc. Going forward every business has to know its customer like it has never known them before. This presen... more

Business – a world of challenge lies ahead… - 2010-09-22

The challenges businesses and organisations face can be divided roughly into 3 key areas: Strategic Challenges Governance Challenges Risk Management Challenges Strategic challenges have to do with where a business wants to go, what it wants to achieve and be known for – a robust strategy also provides a very powerful “why” f... more

The Known, the Unknown and the Unknowable – a case for robust RISK MANAGEMENT. - 2010-04-21

The Known, the Unknown and the Unknowable – a case for robust RISK MANAGEMENT. 21 April 2010. I have been struck over the past few weeks at the incredible pace (increasing pace) of “crazy news”, ranging from the most outrageous things said (by a cross section of by those in power or influence), to completely unforeseen event... more

The TESTS of a ROBUST STRATEGY: - 2010-04-12

 The TESTS of a ROBUST STRATEGY: When designing a Corporate Strategy the following outlines some underlying Principles to keep in mind at all times; The Overarching GOAL is to succeed by creating economic value through the design and implementation of PROFITABLE products and services. Profitability is the primary goal that brings togethe... more

Strategy, Governance and Risk Management – key ingredients to business success. - 2010-03-31

Strategy, Governance and Risk Management – key ingredients to business success. If you want to make a successful recipe you need the right ingredients, in the right combination, added at the right time… the same is true for business. 3 essential ingredients for business success are: -      &n... more

Is it still safe to be a company director (or member of a close corporation)? - 2010-03-11

-         Did you know that business as we know it is about to change significantly? -         Your role as owner, director and/or manager is on the verge of a “makeover”! You may not know it yet but South Africa is about to receive a New Comp... more

Company Regulations 2010 released for comment. - 2010-01-15

Company Regulations 2010 released for comment. In December 2009 the Regulations to the New Companies Act (Act 71 of 2008) were published for comment (comments close on 28the February 2010). There are some significant items outlined in the se regulations: 1.      There is a lot of flexibility provided to co... more

Welcome to 2010 - 2010-01-04

Attention:           The Directors/Decision Makers/Management/Shareholders BOOK NOW FOR THE SINK or SWIM: New Companies Act (Is it still safe to be a company director?) Seminar. Welcome to 2010! Make 2010 the year that you take your business to the next level – to do so ensure that you get ... more

What did your business "draw" for 2010? - 2009-12-07

We have all heard, with mixed feelings I am sure, about the 2010 Soccer World Cup draw that Bafana Bafana have landed up with! This is bound, at the very least to make it an interesting build up to the tournament for our National Soccer Team – and should make for some interesting matches once it all begins. At least we now know exactly w... more

WILL IT STILL BE SAFE FOR YOU TO BE A COMPANY DIRECTOR AFTER 2010? - 2009-12-01

“The SINK or SWIM New Companies Act Seminar provided an EXCELLENT AWARENESS into the MAJOR IMPACT of the CHANGING Corporate World.”  (Director –National Transportation Company) Every business owner and director needs to urgently assess clearly how well aligned they and their businesses are to the New Companies Act ... more

2009 & 2010 - Looking Back and Looking Forward (is it still safe to be a company director (or member of a cc) into the future?) - 2009-11-24

2009 and 2010 – LOOKING BACK & LOOKING FORWARD The SINK or SWIM New Companies Act (Is it still safe to be a company director was very Innovative and what I like most is that it is pre-emptive and not “after the fact” (Managing Director - PRISM ERP Systems)   At this time of year I find myself thinking about the y... more

Information you simply cannot afford to ignore - SINK or SWIM New Companies Act Seminar - 2009-11-02

Attention:           The Directors/Decision Makers/Management BOOK NOW FOR THE SINK or SWIM: New Companies Act (Is it still safe to be a company director?) Seminar. “The SINK or SWIM New Companies Act Seminar was very informative, it is good to know which requirements to comply to, th... more

SINK or SWIM New Companies Act Seminar - REGISTER ONLINE - 2009-10-28

Attention Directors and Decision Makers (and Members of Close Corporations). (There is a light at the end of the tunnel… and it is a train) ·           Did you know that just about everything you knew about running a business in South Africa is rapidly changing? &mid... more

The new CORPORATE IMPERITAVE – Strategy-Based Compliance - 2009-10-23

The new CORPORATE IMPERITAVE – Strategy-Based Compliance (A new relationship between compliance and strategy – new roles and responsibilities for directors and decision makers.) The new corporate landscape heralded by the New Companies Act and the King III Code of Governance for South Africa highlights the joint corporate imperatives ... more

People, Planet, Profits - 2009-10-05

People, Planet and Profits... more

It is the END OF THE WORLD AS WE KNOW IT!!! - 2009-09-17

In the words of REM – “it is the end of the world as we know it” The question to ask yourself is – “will you be fine” (as the song declares)? The operating environment for businesses is becoming increasingly complex and challenging – literally the more we research and investigate the huge range of issues ... more

2010 and beyond - the END of business as we know it! - 2009-09-16

Nostradumus, in his lost book of images, allegedly predicted the end of the world and humankind in 2012. Although I am no psychic nor do I care much for predictions it does not take much psychic power to predict the end of the business world as we know it in 2010 for South African business people. The promulgation of two critical acts namely the N... more

KING III Code of Governance for South Africa - some comments - 2009-09-09

Some comments following a presentation by Lindi Engelbrecht (IODSA) on King III (on 08 September 2009); ·        KING III has been necessitated by the promulgation of the New Companies Act – that brings South African Company Legislation into the 21st Century; ·    ... more