Business Report is running a story about the shareholder agreement between government and SBC that impacted South Africa’s telecommunications environment. Ann Crotty (from Business Report) writes: The shareholders’ agreement signed by the government when it sold a 30 percent stake in Telkom to the Thintana Communications consortium placed both companies above South Africa’s laws, according…
I’ve added the result of a quick random generation of possible outcomes of two types of individuals. This is not Monte Carlo simulation as has been discussed below, but rather a very simple illustrative example. This will further illustrate the points about in my previous post (and do also read the comments for some more…
Is your organisation one black swan away from disaster? Are you taking hidden risks in the quest for success, and using hope as your only risk management tool? Nassim Taleb’s books should be required reading for life Nassim Taleb is one of my new favourite authors. I’m actually a little slow on the uptake here…
Quick update – thanks to Moneyweb for this update on the Rudco story. Seems Rudco is to be probed by the National Credit Regulator (NCR) for their business practices. Too soon to get too excited, because the NCR is forced to investigate once it has received complaints (or so I understand). Will be very interesting…
Optimisation is brilliant. It can turn increase profitability, reduce risk, increase output and even turn an non-viable project or factory into a viable one. It can save time, produce less waste and better utilise inputs so that costs are reduced.But it’s difficult, right? That’s why so few people pay real attention to it, why so…
Slightly different subject matter today. I’m not a news reported or a champion on the downtrodden. However, this story outline some useful concepts of arbitrage, borrowing and lending rates and how not to build a brand, market your company or do business. First let me say that I don’t know all the details, and I…
…and a lesson about business process optimisation that you should learn The New York Times recently posted an incredibly interesting article about Google, providing more detail about their current search algorithms and processes. Google Keeps Tweaking Its Search Engine is definitely worth a read. Reading the article made we wonder for a moment whether Google…
