Changing world demands that corporates innovate and execute
Faster online environment and global societal issues mean business can no longer be as usual, writes Patrice Rassou
A series of events has sent shock waves through the corporate world recently. While it may not quite feel this way at the moment, we live in a wealthier world where human endeavour has catapulted societies to higher standards of living than before. However, we face new issues: pollution, an increasing disease burden that is weighing on public health services and antisocial behaviour driven by an increasingly online society. Some entrepreneurs are coming up with solutions. Tesla recently reported promising second-quarter numbers and the share was promptly up 7% on the premise of good prospects for its new, cheaper electric car, the Model 3. Never mind the $1bn cash burn — the most populated cities globally are concerned about car pollution, with electric vehicles seen as the solution. Goodbye internal combustion engine, hello electric vehicle! A decade ago, MTN’s results presentation had on its cover a diaspora of customers on their cellphones. At the recent results, the picture was ...
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