Adcorp figures released in November revealed that that throughout 2011, labour productivity growth has been negative (-1%), with an all-time low since 1970, reached in October.According to Tjaart Minnaar, MD of oim, international labour productivity is a leading indicator of job creation and these recent...
As the South African economy struggles to recover, new long-term partnerships between business leaders and union leaders are crucila to the future of both business and employees, according Chris Jacobs, a director at OIM, one of the country’s leading business consultancy firms. Jacobs says the...
The significance of the agreement between trade unions and employers to lower the minimum wage in the clothing and textile industry in South Africa in return for job creation should not be underestimated, particularly in the wake of the recent strike season, described by some...
As the South African economy struggles to recover, new long-term partnerships between business leaders and union leaders are crucila to the future of both business and employees, according Chris Jacobs, a director at OIM, one of the country’s leading business consultancy firms. Jacobs says the...
People do not leave jobs, they leave bosses, says Johan Ludik, the MD of OIM leadership talent at business improvement consultants OIM. "Business leaders in South Africa should take heed. The role of a leader is to work through others and to motivate them to achieve...
The first half of 2011 has seen high profile merger and acquisition activity in South Africa. While much of the focus around these deals tends to revolve around financial aspects, often very little attention is paid to the cultural integration of the merged entities. According to...
MANY mergers and acquisitions destroyed value because of a lack of understanding about which company culture best suits the new entity, Tjaart Minnaar, MD of business consulting company OIM, said yesterday. The acquiring company focuses too much on the financial and operational strength of the...
The current series of protracted wage negotiations that were underway in the country’s mining, manufacturing, steel and engineering and public sectors highlight the need for companies to implement constructive communication channels to prevent damaging effects on their productivity and profitability levels. It is critically important to...
Industrial action is costing the economy dearly, with more time expected to be lost this year than last WHAT IT MEANS. “It is a well-known fact that unskilled workers in the steel industry are paid higher rates than those in other industries in the construction sector”...
Construction workers watch strikers march through Johannesburg. Economists are warning of a global double-dip recession and say unions aren't helping SA lure foreign investment. Executives should ensure that when they retrench staff they "cut the fat without cutting the muscle", a business practice specialist has warned. Arjen...
Wage negotiations can be plain sailing if both parties speak openly It’s wage negotiation and strike season and already there are signs that there will be violence and disruption. The current protracted wage negotiations in the mining, manufacturing, steel and engineering and public sectors highlight the need...
Strikes can be averted if employers and workers have a good relationship – expert It’s wage negotiation and strike season and already there are signs that there will be violence and disruption. The current protracted wage negotiations in the mining, manufacturing, steel and engineering and public sectors...
