Intentar ORO - Gratis
Don't Let Strikes Strike Out Your Business
Entrepreneur Magazine South Africa
|May 2018
Industrial action in South Africa poses a guaranteed business risk. The negative impact is often immense for both employers and employees. Extended negotiations, drawn out demonstrations, and safety risks often result in a loselose situation for both parties, even when demands are met.
-
A BY-PRODUCT of strikes is a diminished or completely non-existent workforce, often resulting in the loss of customers and production. To survive a strike, businesses need to adopt a secure strategy to mitigate losses, maintain productivity, uphold reputation and retain mutually beneficial employer-employee relationships.
The good, the bad and the ugly Strikes occur for many reasons, and they’re not always invalid, according to Sean Momberg, MD of Workforce Staffing Solutions. He explains that the common misconception that strikes take place to be maliciously disruptive or for unfair demands is incorrect.
“Workers typically strike due to a demand for increased wages or better working conditions,” says Sean, “However, regardless of the reasons for a strike, they are often debilitating for businesses.”
According to Joanette Nagel, Head: Commercial and Labour at Hunts Attorneys, for a strike to be deemed legal, there are certain legislated requirements that need to be met.
Esta historia es de la edición May 2018 de Entrepreneur Magazine South Africa.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Entrepreneur Magazine South Africa
Entrepreneur Magazine South Africa
SOUTH AFRICA'S PREMIERE APARTMENT HOTEL GROUP IN THE HEART OF SANDTON
Indulge in the luxury of premier living, when travelling or invite potential clients to experience the best apartment hotel group Sandton has to offer.
1 mins
March 2018
Entrepreneur Magazine South Africa
Flying High With A Reliable Travel Partner
When CANCOM first opened its doors 11 years ago in the back offices of a building in Linbro Park, Johannesburg, the company was the result of entrepreneur Kevin Olinsky spotting a gap in the market and running with it. MD, Lauren Olinsky explains CANCOM’s journey, both as a business, and with kulula work as a travel partner.
2 mins
March 2018
Entrepreneur Magazine South Africa
Fast, Flexible And Understanding
Spartan doesn’t just fund entrepreneurial businesses, it is an entrepreneurial business, which is why the team understands SME financing needs and the unique challenges founder-led businesses face. This is how they’ve geared their business to help yours.
4 mins
March 2018
Entrepreneur Magazine South Africa
Invest And Save 100% Of Your Tax Payable To SARS
Section 12J funds were created in response to the South African Government offering tax incentives for private investors to support funds that support SME growth in South Africa. Three experts unpack the benefits of investing in 12J funds — particularly for high net worth individuals.
7 mins
April 2018
Entrepreneur Magazine South Africa
Following Your Dreams? Nailed It!
Sorbet franchisee Kate Holahan went from corporate employee in 2015 to owning two franchise locations in just over two years. By September 2017, she had launched a new location, acquired new clients and was learning something new every day. It took a few learning curves and partnering with the right bank to lead her to successfully running her Sorbet and Sorbet Man stores at Benmore Shopping Centre in Sandton.
2 mins
April 2018
Entrepreneur Magazine South Africa
How To Build A Community Around Your Brand
There’s a way to build your market without spending a fortune on advertising and marketing — and it’s called community building. Here’s why this should be the cornerstone of your growth strategy.
3 mins
April 2018
Entrepreneur Magazine South Africa
Sealing The Deal
If you want to close more sales, you need to understand the three phases of the customer buying cycle.
3 mins
April 2018
Entrepreneur Magazine South Africa
Changing The Game, One Face At A Time
At 14, Rabia Ghoor launched her makeup and skincare online beauty store. She made her first sale one year later, and left school to pursue the business full time at 16. Today, this 18-year-old teenpreneur is well on her way to building an empire.
5 mins
May 2018
Entrepreneur Magazine South Africa
Money In The Bank
There are many ways to monetise property investments, but Fedgroup’s Impact Farming solar offering combines monetising rooftop space with all the social and tax benefits of green energy. Suraj Lallchand unpacks the benefits for business owners and landlords.
3 mins
May 2018
Entrepreneur Magazine South Africa
Prepare For The Worst
The stronger your business is, the more you stand to lose. Here’s how to spot hidden weaknesses within your operation and steel yourself for unexpected battles.
2 mins
June 2018
Translate
Change font size
