@FineMusicRadio talks Business Trends

I enjoy listening to Fine Music Radio, the station plays quality music that keeps me coming back for more. The gem though, is the accessible business discourse hosted daily (week) by Lindsey Williams from 6pm-7pm…

Improving my vocabulary and giving me a window into the investment world, Fine Business Radio connects the South African business world to local entrepreneurs who are looking for ways to get their feet wet.

Today’s (Wednesday 28 June) episode brought these business trends from the station to my understanding. Doris Viljoen, a Futurist here in Cape Town was on air with Lindsey, engagingly sharing her take on the following developments.

Niche Tourism

Culinary, Scenery, Cultural and other types of individualized tourism gigs are explorative business opportunities for Cape Town’s more outgoing/inviting entrepreneurs. Being willing and able to share fragments of your life with researchers/explorers/artists from different countries involves trust and a certain kind of pride in ones identity. Niche tourism might just bring out the best in the ones who are willing to perform.

The conversation moved to Cape Town’s commendable coffee culture, which has been a lovely perk from the city šŸ™‚

New Customer

Customers expecting personalised services from their suppliers is becoming normal. The tedium of form-filling, long-winded descriptions of their needs are becoming a thing of past. I wonder if local businesses are equipped to deal with big data analysis (corporate intuition)…

Communication preferences are worth paying attention to if suppliers want to retain/grow their market share.

Workation

Being a resort city, one would expect to have vacationing professionals make the most of their holiday time by squeezing in some productivity as well. Lindsey mentioned the development of support structures for professionals in the city, like fast, reliable Wi-Fi.

I think that the city is open for business. Incredibly well resourced libraries and hot-spots in strategic locations can be found and made use of…if you’re willing to put up with excessive public contact.

Sustainability

Referring to the entire supply chain and the design process, this trend focuses on making the most of every available resource. An example of this is sharing empty offices and other kinds of infrastructure/equipment while they’re not being used by the primary user.

Waste-not, want-not might be an old adage but it definitely has a new age chime to it. This trend has been around for a while and as Southern Africa becomes accustomed to efficient resource management, I’m curious to uncover the different innovative processes that communities build into their daily management.

Hailing Heroes

Putting the customer in the spotlight is a growing advertising trend. Using real, everyday people instead of the usual run-of-the-mill model, suppliers are imprinting their products in the hearts of their consumers. Snaring that elusive brand loyalty and on the other side, increasing accountability.

Hopefully.

As consumers become more environmentally, culturally and financially conscious, they might take the necessary steps to make sure that their favourite brands behave according to a recognised moral code.

Create Your Stories

In line with a more personalised customer service, suppliers are opening up their design process to their customers. This trend seems to have a lot of promise, especially with decentralized manufacturing becoming a norm.

3D printing, niche tourism, access to personal information all contribute to the suppliers ability to virtually come into your home, (with your invite, of course) and mould their product to suit your unique personality.

I hope you tune into the daily discussion and share your views on twitter or here.

Happy businessing!

Fine Business Radio

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#Financially disruptiveĀ 

Money rules the world.

Profit driven business decide how consumers spend their money and consumers influence demand with a subtle buying power.

Institutions harness the power of money in ways that the average Joe is too busy to want to notice (forgive the conspiratorial tone), take Zimbabwe as an example.

Is there a chance for the concept of money to be absolved? The human desire for it is set in our hearts of stone but the mutual trust in it might be salvageable.

An event is currently being held, conferencing bitcoin. #BlockchainAfrica 

State of Individual Address #ProcrastiNation

Some years ago, the Foundation Nationale Enterprise et Performance (a French organization) published a little booklet highlighting the State of the Nation from an individual level. This book has belonged to the Cape Town Central Public library since 1996 and is available for anyone interested.

Commenting on the national collective and elements of reconstruction, the book has some valuable (possibly shallow) insights into what it takes to sustain a “lasting miracle” as opposed to the current state.

South Africa’s #IndustrialStrategy

The national pass (matrix) rate rose about 2% from 2015-2016.

It’s a small win. Is it worth celebrating?

With more and more South Africans being left in the dust and ash of their anger, fewer people have access to the income they need to make their lives better. The cycle continues.

Fortunately, the law enforces skills development by charging employers directly for this. That is, labourers are subsidized when looking to build their skills.

Does the law work?

The #African individualĀ 

Our connected world has been aware of itself for a long while now. With awareness and greed, comes exploitation. Western cultures have learned to exploit the natural resources (including human) that are gifted with this place and some could argue, have taken the various forms of mining to the extreme.

As humans do when we discover a new toy.

Now, as previously colonized countries come into their own, populations of disillusioned survivalists are forging a path that only African feet can tread. Intelligent graduates stepping into the job scene, bright eyed and bushy tailed, realizing the futility of job security/uncertainty and that’s when the transition happens.

Fueled by emotional responses and the desire to thrive, an entrepreneur is born.

As the entrepreneur becomes aware of the niche markets offered by underdeveloped communities, innovative services a conceptualised, measured and eventually delivered. Here, we see a social/cultural entrepreneur spreading a pair of wings and taking flight.

Ride the waves of change

As we see this more and more, the entrepreneurial mindset overflows into the different sectors of the economy.
Development shaped by a history, guided by a future.

The World Economic Forum posted this piece of trends affecting Africa.

#Educational leaps @TC_Africa

Looking at the state of South Africa as a layman, it’s not difficult to notice the disparities that underlie daily interactions between people, in business and other sectors. Fortunately, today’s layman is equipped with exciting new tools that aid critical thought and allow those most affected by those disparities to make a difference in innovative new ways.

Ten days ago, Timothy London wrote a piece on the changing mindset in South Africa. Providing some insight into what he thinks is needed for a revitalisation (a much less biased word than decolonise, which tends to dredge up emotionally charged reactions. Timothy comments on the encouraging steps that the country took last year, specifically, the national outcry that we’ve been witnessing.

Looking for future-focused engagement with a focus on possibilities while considering the challenges we face, Timothy makes some good points.

Points that can be demonstrated on the WCED ePortal, which connects teachers and learners from across the country.

So if you’re a teacher or a parent and you don’t know about it, check it out.

If you’re a learner (anyone really) – this might be helpful.

WCED ePortal

Primary #education goals

I come from a time when education planners thought that a one size fits all approach would work. Fortunately, I managed to adapt, hiding my own learning ‘flaws’. As a result, I have a deeper respect for experiential learning rather than authoritative indoctrination.

During my time volunteering in schools in the Cape Flats, I realized that South Africa has pretty much the same system. Bar the more progressive institutions that adapt their teaching techniques to the different learning styles that the learners possess.

Shakira at #WEF17

I decided to take on a different perspective to education. One that incorporated an aspect of our planet that was almost entirely ignored during my schooling years.

The outdoors.

While volunteering in a city basedĀ community garden, I was pleasantly surprised to learn that the programs that supported the garden included educational tours for schools. Engaging young humans in a space outside of the structured classrooms with invigorating material was just as educational for me as I hope it was for them. It was this wholesome approach that gave me a sense of what could lie in Africa’s future with the right planning and resource deployment.

In terms of sustainability, isn’t this a good example of what we’re looking for in Africa?

Oranjezicht City Farm Education