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Book review: Good to Great by Jim Collins

Good to Great is not a new book, but it’s a timeless classic for those who want to understand alchemy of business success.  Collins defines greatness as financial performance several multiples better than the market average over a sustained period. He distils the recipe for greatness down to a single axiom: find what you’re good […] more

New labour laws could have unintended consequences

By Ciaran Ryan The new Labour Relations and Employment Equity Acts have far-reaching implications for employers and temporary employment agencies. Under the amended Labour Relations Act (LRA), temporary employment agencies and their clients will become jointly and severally liable for unfair labour practices. Currently only agencies are liable for adverse awards in unfair labour practice […] more

SA’s booming informal economy

By Ciaran Ryan Adcorp economist Loane Sharp estimates SA’s informal economy at 18% of GDP. More importantly, it is out-pacing the growth in the formal economy at a staggering rate. What is going on here? Sharp speculates that companies are opting out of the formal market and moving into the informal sector to evade taxes, […] more

Exploding some common myths about South Africa

South Africa’s official unemployment rate is 25%. Right? Well, what if that is wrong. What if it is actually as low as 11%? Les Owen in the Independent looks at a new book entitled South Africa @ 20: For Better or for Worse? which explodes some of the myths about SA. It kicks off by looking at […] more

Bain heads list of best companies to work for

Forbes magazine is famous for its lists, but others are fast catching on. Online jobs portal Glassdoor has just released its latest survey of the best companies to work for, and Boston-based consulting firm Bain comes out tops. The ranking of the top companies was determined by taking cumulative average ratings from the half-million employees […] more

Job losses in SA hit three year high

The South African economy shed 118,397 jobs in February, marking the biggest monthly loss in almost three years. This is according to Adcorp Labour Economist Loane Sharp in the latest Adcorp Employment Index. But the good news is that government’s newly introduced employment tax incentive is already working, and will create roughly 852,000 jobs according […] more