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Leadership Intelligence Bulletin
16 August 2011
Business
BusinessRescue under new act not that simple

The new Companies Act is up and running and the first 60 or so applications for “Business Rescue” (BR) under Chapter 6 have been processed. Times recently, have been tough and some business owners and managers may reconsider why they are actually in business and contemplate filing for Chapter 6 protection from their creditors as a result of the disastrous effect on production, cash flow and of course increased outflows et al. But do you know enough, ask Gideon Bochedi  and John Thornton.

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Business ethics
Business ethicsA more serious approach to ethics and social responsibility

The time has come for South African companies to assess the potential necessity for a social and ethics committee to guide corporate behaviour – and doing so may no longer be a choice, but rather a mandated requirement due to prescriptions within the recently introduced Companies Act,  according to Parmi Natesan, Senior Governance Specialist at the Institute of Directors in Southern Africa (IoDSA), who notes that this requirement ties in closely with King III’s increased focus on ethics and sustainability.

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Government creep
Government creepNew layer of political organs

If there was a problem the reaction of the old National Party government was to appoint  a commission of inquiry. For the African National Congress it seems to be to create another layer of government on top of the many organs of state already in existence, with apparent accompanying centralisation of government. The latest three-day Cabinet lekgotla is a case in point.

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Climate watch
Climate watchPreparing for the inevitable

For modern man dramatic and even cataclysmic climate change is a new experience, but in the planet’s history stretching over millions of years it is nothing new. In fact climate change more than likely played a vital role in the evolution of man, which is the best-equipped species in history to successfully respond to drastic changes in climate patterns. But because of a highly polarised approach mankind may be squandering the talents evolution has given it to deal with the climate change awaiting us.

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Cricket watch
Cricket watchCan SA dethrone the new world No.1, England?

It has been well-documented that England replaced India as the top-ranked test team in the world after comprehensively outplaying the visitors in the first three tests. England thumped India by an innings and 242 runs in the third test at Edgbaston. It was not merely a victory, it was a massacre. They lead the series 3-0, and a whitewash is within the realms of possibility now, as the poor Indian resolve has been a source of frustration to their fans back home.

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Debt crisis
Debt crisisConstitutional brakes gather traction

The idea of constitutionally enforced limits to budget deficits in future, as governments across the globe struggle to repair or restructure the present broken financial dispensation, seems to be gathering some traction after first being mooted by the Italian prime minister.

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Financial crisis
Financial crisisThe quest for a new world is on

Underlying a multi-faceted global economic crisis, punctuated by widespread social unrest, political leadership paralysis in many leading nations and threatening the very existence of multi-national constellations like the Euro zone is a global financial dispensation that has become dysfunctional and unable to come to grips with the complex problems of the real economy. The debate on how to restructure the international financial system is truly on.

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Final word
Final wordThe Mexicans in my salad

Next time you visit  the beach and  see a plump girl in a bikini you might be forgiven if you call her a tomato – even if she had not spent too much time in the sun without adequate sun blocker on her skin. And then if she really made a lasting impression on you, you might think of her again when you have a fresh salad with your evening meal.

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Politics
PoliticsDictators are not born, we create them

Why are black professionals so quiet on Malema's idiocy? We are in serious danger in that our next crop of political leaders will not be the best of us, writes Vince Musewa.

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Rugby watch
Rugby watchErrors by the coach cost SA dearly

The energetic and younger Australians exploded into action in the second half of the Castle Tri Nations rugby test against South Africa on Saturday, while the Springboks, who looked so composed and displayed so much courage and determination in the first half, faded. Therefore the Wallabies sealed a 14-9 victory in Durban.

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Leadership development - Issue 84
Leadership development - Issue 84Learning from the worlds best

With the co-operation of the The LR Management Group, we can now bring you the leadership training tool 50 Lessons, which is a powerful force in the world of corporate learning. 50 Lessons is the worlds premier multimedia business resource, offering more than 1 000 personal and authentic video lessons from internationally respected business leaders. It can assist you to increase the utilisation and return on investment of your learning programmes immediately!

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Social media and unrest
Social media and unrestFree flow of information under threat

While law enforcement agencies across the globe are battling to come to  grips with the new realities and challenges posed by the explosion in the role of the  social media in social upheaval, governments are falling back on their default reaction of banning and control, as clearly illustrated in the House of Commons by British prime minister David Cameron last week.

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Out of Africa
Out of AfricaChoose SA - bananas or bonanza?

Africa might have its fair share of problems. However, with Europe and the US fighting to survive their debt crises, Africa showing strong post-recession recovery, and the world scrambling for a share of Africa’s abundant natural resources, the not-so-dark continent is, by all accounts, poised for something of a boom.

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