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SINK or SWIM: Newsletters & Blogs |
The new Corporate Imperative - Strategy-Based Compliace.pdf
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 of STRATEGY and COMPLIANCE – or as I have put it above STRATEGY-BASED COMPLIANCE. Neither strategy nor compliance are sufficient as stand alone elements in any business – they have actually never really been. Over the last few years however we in South Africa have (almost) been lulled into a sense of complacency by the relentless torrent of compliance related issues – this had led to the prevailing thinking that compliance alone will (somehow) guarantee a level of success.
Added: 2009-10-23 06:58
People, Planet, Profits.pdf
The new King III report puts a much larger emphasis on so called Triple Bottom Line reporting for businesses. Business is not just about making money anymore as it is about how you make the money and whether you take from the people and planet or give to the people and planet.Read more by downloading the full article.
Added: 2009-10-05 11:44
It is the end of the WORLD AS WE KNOW IT!!!.pdf
The operating environment for businesses is becoming increasingly complex and challenging – literally the more we research and investigate the huge range of issues - and not even just legislative issues which is tending to be the focus of the SINK or SWIM Cutting Edge Seminars at present - the more we are convinced that an entirely new knowledge and skill set is becoming imperative for directors and business decision makers.
Added: 2009-09-17 20:52
The New Companies Act opens opportunity for Financial Advisors.pdf
The New Companies Act, due to be promulgated in 2010, is changing the face of corporate business in South Africa. The aim of the act is to modernise and streamline current outdated legislation as well as promoting good corporate governance in association with King III which is now applicable to all entities.The New Act also places a very strong emphasis on continuity planning and liquidity of a company as well as allowing stakeholder scrutiny for the extraction of capital from a company. This places a much larger emphasis on company insurances and company investments.Download the full article to find out more...
Added: 2009-09-10 14:09
King III Announced.pdf
“Governance in the past was about board effectiveness, currently it is risk management whilst the future of governance is King III” Lindie Engelbrecht of IODSA (Institute of Directors South Africa).Download the full article for more information on what King III means for you and your business.
Added: 2009-09-10 12:59
Consumer Protection Actto set the benchmark in responsible marketing for service providers.pdf
The consumer protection Act, due to be promulgated in October 2010 in South Africa, is aimed at setting a national benchmark for high standards of marketing and responsible sales and advertising. The act affords a myriad of protections to the consumer with a strong emphasis on the previously disadvantage participants that have been exploited by some business sectors. Companies providing service to the public have to start now to get themselves in line with the new Act as the consequences of not being inline will be dire.Download the full article to see how this impacts you and your business!
Added: 2009-09-10 12:47
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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
events that have threat...
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:
- &nb...
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 Companies Act to...
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 your b...
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 what to...
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
(which comes into...
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 year that was – and...
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, there is...
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?
· ...
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 of STRATEGY ...
more
People, Planet, Profits - 2009-10-05
People, Planet and Profits
The new King III report puts a much larger emphasis on so called Triple Bottom Line reporting for businesses. Business is not just about making money anymore as it is about how you make the money and whether you take from the people and planet or give to the people and planet.
Obviously as King III applies to all enti...
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 - and not even just legislative issues whi...
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;
· &...
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