Entrepreneurs can play a key role in realising the benefits of disruption
Majority of entrepreneurs do well in business by challenging the status quo, writes Sugan Palanee
We live in an era of disruptive innovation, and technology is transforming the way business is done. Whilst disruption threatens to displace a large number of jobs through robots and algorithms, disruption also knows no borders. This brings significant opportunity for leading and dynamic entrepreneurs to bring innovation and creativity to the fore by creating new products and services. For almost two decades, the EY Southern Africa World Entrepreneur Award™ Programme, has recognised, honoured and celebrated the achievements of exceptional individuals who have helped advance economic growth, and with this, the creation of jobs. Their contribution is increasingly important, even more so during tough economic conditions, and where unemployment rates are high. Against this backdrop, markets have been and are being disrupted, through a combination of globalisation, demographic shifts and – most significantly – technology. Through our interaction with these entrepreneurs, the one question...
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