You may have seen the recent article entitled “Honors Even” in Financial Mail about South African MBA degrees potentially being lowered to Honours level. (If not, take a look at the article on MBAconnect.net)
According to the article, Government’s Council on Higher Education (CHE), which accredits SA MBA programmes, has recommended that the MBA be considered no better than an honours degree or postgraduate diploma. Continue reading →
Passion is a vital trait for success, especially in entrepreneurs. But it can also be your downfall. Continue reading →
Are there flaws in the models that business schools use to teach entrepreneurship? To unpack this question, one needs to go back to the origins of business schools and the MBA.
The first business schools like Wharton were formed in the late 1800’s to teach management. In fact the first MBA degree was offered in 1908. The fundamental challenge they aimed to solve was to train people how to manage a large corporate that needed to implement on a known problem, for example producing more cars. Continue reading →
This article also appeared in Finweek Magazine in their 6-September-2012 issue
Complementary skills are vital for your team to succeed. This sounds like a simple concept, but it’s much harder to get right in practice.
In my experience, I’ve seen that some entrepreneurs are ideas-people who are strong at conceiving ideas, whereas others of us are more operations/implementation-people who get things done. Very few individuals are both. You definitely need both skillsets to make a successful business happen. So if the entrepreneur doesn’t have both, you need to have someone on your team who has the skillset you lack.
Gone are the days when hard work alone would get you the career advancement you wanted. In today’s connected world, everything hinges on networking and relationships. The bigger your network, the more doors to opportunities it can open for you.
Most of us study an MBA to advance our careers. In support of this, there is a common belief that directors are likely to have MBA degrees. But is this true? The SA Institute of Chartered Accountants (SAICA) recently conducted an interesting survey that revealed otherwise. Continue reading →
It takes courage and tenacity to translate your big idea into a real business. The risks of entrepreneurship are many, but for those who succeed, the benefits are unlimited. Here are 5 questions to ask yourself before striking out on your own… Continue reading →
By our very nature, entrepreneurs are hungry to achieve more and are very often married to their businesses. So, as Adrian Gore, founder of Discovery Health, once said at a talk I attended: “There is no such thing as work-life balance for entrepreneurs“. Running a home-based business presents its own unique issues in this balancing act. I’ve picked up a few tips along the way that I hope can help those of you who work from home to manage this. Continue reading →
The human elements of the future can never be predicted, even with science and analysis. So to plan for these and to make successful business decisions, you need to trust your gut instinct. Continue reading →
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