Market data including bonds and fuel prices
That turnip Mapisa-Nqakula has confirmed beyond any doubt that the party cannot be renewed or rehabilitated
But advocate Mpofu says justices must accept former prisons chief granted parole correctly
Provincial chair elect indicates he will support Ramaphosa’s re-election as ANC president
Business Day TV talks to independent analyst Loyiso Mpeta
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Some in the industry believe a ban on the export of scrap will mean a more competitive steel industry, with lower prices passed on to consumers
Washington targets chief of staff Nathaniel McGill, chief prosecutor Sayma Syrenius Cephus and Bill Twehway, MD of Liberia’s National Port Authority
Veteran seamer believes he still has plenty to offer despite turning 40
Porsche Taycan Turbo S laps the famous German circuit in seven minutes and 33 seconds
Turnarounds will always be around. Perhaps it’s just the mindset I’m in, but an increasing number of turnarounds and business rescues seem to be required. Times are tough.
Turnarounds cover the full spectrum, from local stores to industries, major corporations, political parties and even sovereign countries.
Failure, to the point where a turnaround is the only option, is often the consequence of incremental decay, tiredness and neglect. These may be easier to tackle than other causes, such as product obsolescence, irrelevance or simply a mistake. The worst failures, though, are the result of poor decisions, made practically deliberately by stubborn leaders.
In an increasingly competitive global landscape, success is measured almost in real time. People who are feeling comfortable are confused. However well established products or services may be, management comfort zones lead to brand arrogance, which has disastrous consequences. Watch out — open the door just a little and the wanna...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.