Case Study: Stakeholder Engagement Challenges in African Mining Operations
AfriGold Mining Corporation, a major player in South Africa's mining sector, has been operating in the country for over two decades. Despite its economic contributions, the company has faced numerous challenges in managing relationships with local communities and other stakeholders.
Navigating the Regulatory Labyrinth: Tackling Uncertainty in Data Privacy and ESG Compliance
In a world where data is the new gold, regulatory uncertainty looms like a storm on the horizon. This article delves into the challenges of data privacy and ESG compliance, offering risk professionals a compass to navigate the turbulent seas of evolving regulations. Discover how to turn these challenges into opportunities for organisational growth and competitive advantage.
Mastering Third-Party Risk Management in a Complex Business Ecosystem
In a world where business boundaries blur, third-party risk management emerges as the unsung hero of corporate resilience. This article delves into the critical realm of TPRM, unveiling best practices and trends that safeguard organisations in an interconnected landscape. From developing robust due diligence policies to leveraging cutting-edge technology, discover how businesses can navigate the complexities of modern supply chains and maintain a competitive edge.
Bridging the Capability Gap: A Critical Challenge in Strategic Management Implementation
Capability gap analysis is a crucial process for organisations to identify discrepancies between current and desired capabilities. It involves evaluating the desired state, analysing the current situation, finding gaps, developing an action plan, and implementing improvements. This strategic tool helps businesses allocate resources efficiently, enhance performance, and align capabilities with organisational objectives for sustainable growth and competitive advantage.
Talent Management and Retention: A Strategic Imperative for Risk Professionals
In a world of volatility and ambiguity, risk professionals are the unsung heroes of organisational stability. This article delves into cutting-edge talent management strategies for attracting, retaining, and nurturing these crucial experts. From competitive compensation to innovative learning platforms, discover how to build a resilient talent ecosystem that thrives amidst uncertainty.
Navigating the Resilience Maze: Mastering Governance and Coordination for Robust Programmes
This article examines challenges in implementing resilience programmes, focusing on governance and cross-sector coordination. It emphasises effective governance for managing performance and addressing risks. Key areas include understanding resilience governance, overcoming coordination challenges, and best practices. Insights highlight board involvement, integrating coordination into existing structures, establishing steering committees, regular reviews, staff training, and fostering a resilience culture. Mastering these aspects is crucial for organisational success in uncertain times.
Case Study: Resilience and Agility in South Africa’s Retail Sector – Shoprite Holdings
Case Study: Resilience and Agility in South Africa’s Retail Sector – Shoprite Holdings Theme: Strategic Management Challenges Date: December 2024 Introduction Shoprite Holdings, Africa’s largest food retailer, operates in a challenging and unpredictable environment. Based in South Africa, the company has faced numerous hurdles, including economic volatility, geopolitical tensions, and environmental concerns. This case study……...
A (Re)view of the Philosophical Foundations of Strategic Management
This paper aims to review how different approaches to social inquiry (e.g. postivist, postpositivist, interpretive, postmodernist and critical theory) have been used in strategy research and how these main paradigms engage with strategy.
Exploring the Indirect Links between Enterprise Risk Management and the Financial Performance of SMEs
This paper responds to the lack of empirical evidence on how enterprise risk management (ERM) and the financial performance of small and medium-sized enterprises (SMEs) are related. Structural equation modeling is used to explore new
mediators in the relationship between ERM and SME financial performance. The
results show that organizational culture (mission dimension) and strategic risk management performance are full and positive mediators between ERM and financial performance......
Building The Resilient Organisation – 2021 Deloitte Global Resilience Report
“Once you’ve gone through a period of disruption on the scale that we
have in 2020 and seen how you can be more resilient, it really changes you.
You see how resilience can make your business more flexible, adaptable, and
forward‑thinking, and you can’t go back to how it was before.”
— Greg Tretiak, executive vice president and CFO, Power Corporation of Canada