South Africa, a global economic force?
Mentoring towards a better future — are we nailing it or losing it?
A new form of capitalism is on the way ! — It is said to be founded on morality and having a conscience — Both fundamental to building more profitable business in the future
“Moral Capitalism” is considered to be a key driver in future economies” Stephen B. Young
Imagine our economy, social wellbeing and business deals are founded on strong moral values across the board. Certainly not the picture right now.
True mentorship is likely the only way we can really turn this around
“The new way of doing business is actually about remembering why we did it in the first place. The future will be led by conscious moral entrepreneurs that deliver a better life and world than what we can create ourselves”. InstituteB
Unemployment in South Africa’s rose from 17% to 25% over the past 2 decades, not a good indicator as to the wellbeing of our rainbow nation. As will be shown mentorship has a great impact on alleviating this.
We’ve gone backwards despite billions spent on boosting the economy, empowerment and alleviating poverty —
way behind the 4% unemployment trend of leading nations
Double that bad as in the case of North Africa & Mid East
Three times worse off than Latin America
Sevenfold behind East Asia & Pacific
Our future is fragile — in the balance
- 2 million more people will have entered the job market by 2018.
- 2.8 people depend on an employed person on average.
- 13 Million people likely don’t know if or what they will eat tonight.
This could rise to 18 million by 2020. Not counting illegal aliens. - 6 million more jobs are needed so most can become self-sufficient.
People with pride and purpose that provide in the needs of others are less enticed to do wrong than those having nothing and nothing to lose.
Waldemar van Wyk
aka Wildman ©2013
For want of a nail…
a horseshoe was lost, without a horseshoe, the horse went lame,
the message could not be delivered,
the war was lost… Many suffered…
Does this not sadly apply to Africa today?
Small things gone missing — billions to fix decades later.
Corruption is and always will be a factor as political favouritism will most likely never go away. It is present as much today as it was 20 years ago. In recent years it became more blatant and almost acceptable. The big question is — should we worry about the corrupted or the corruptors?
South Africa’s labour productivity had fallen to a 46-year low, with most of the decline occurring since 1995. Our Employment Equity Act protects employees but on the downside, people can get away with non-performance.
Can entrepreneurs succeed with the incremental risks of non-delivery?
Small Medium Enterprise can potentially create 6 out of 10 new jobs needed. People are by nature venturing or not — millions spend to create more entrepreneurs is a waste. How do we enable them to create many more sustainable employment opportunities?
Industry is highly dependent on Tertiary Education to deliver capable quality resources to build much-needed infrastructure to grow the economy. The results in the past decade are atrocious, to say the least. What is the value of qualifications if the barriers to qualify is keeping on lowering.
Traditionally many reputable institutions provided a constant stream of qualified competent resources to industry — today obsolete. — An example is Telkom’s training facilities at Olifantsfontein. This left a massive gap. — How do we restore pride, quality, and reliability to build skilled capacity?
“The truly empowered are those equipped with the know-how to do the job right the first time” Hennie de Villiers
Mentorship use to be well entrenched in most governance models and cultures and delivered excellent results. Post ‘94, managers sadly stopped sharing their experience and advancing others to protect their jobs. How can today’s management mentor if they never tasted the benefits? Read later: The Importance of Mentorship: Lessons Learned — LinkedIn on InDay
DO YOU BELIEVE ???
- that honest business can be profitable?
- that your know-how makes a difference?
- that moral capitalism is where things should go?
- that others respect your opinion and take your lead?
- that your success will depend on more shared experience?
Paradigms are shifting!
An interesting shift in leadership and management will come about in the near future as younger generations move up in the ranks. — They’re keen, open-minded with first-hand experience on how to craft their own futures through own ability to innovate, create, deliver and perform.
Politics Agnostic
Those that participated in government programmes are vague if it really helped their development. — Many don’t care about politics and don’t even vote. Affirmative action is history in their book — not something they can bank their future on. — They learned that their own future development and progress are based on own achievement.
Hope Emerging
Hopefully, many moral leaders will emerge and rise to the challenge. — Results will be dependent on relevant and timely insights and know-how to make wiser decisions and deliver optimal results. — The info exchange gap is huge and normal development will simply be too slow.
Old and New Co-operation
It is vital that we bring the old experience back into the loop in a way that will be constructive and meaningful. — Time is limited and options few to equip next generations with know-how on demand, as and when it is needed. We need new ways to feed what they need, appropriately.
Rockfast Commitments
This implies a much deeper connection and commitment that goes way beyond the realm of consulting and coaching. It stems back to mentorship as it was practised years ago. — We certainly face the most interesting challenges to meet in terms of behaviour, values, confidentiality, trust, teaming, etc.
