Leadership is the most important factor in true business success…..Great Leaders will enable a doubling of Profits .
The South African marketplace is truly Brutaful( Brutal AND Beautiful) .The challenges facing our South African CEO’s in the next decade are a wonderful crucible for true leadership .As we are immersed into our 2020 year the excitement builds quickly in our week 11 pulse view. In essence ,We have a Global Crisis ….Time for Real Leadership in all areas of our lives !
Quagmire of a week, utter pandemonium & hysteria as world markets implode, nowhere to hide as global markets crash 25-30%, Saudi’s v Russian’s spat hammer oil price, Trump bans EU travel, coronavirus takes Centre stage????????????; Trump finally calls State of Emergency last night, unleashes FEMA & $50 billion in federal aid, S&P rallies over 9% in relief????????; JSE looses R3 trillion in market value, Sasol on brink of destruction????; SCA dismisses JZ’s bid to appeal ruling in corruption case⚖; Mkhwebane loses yet another Case as High Court issues scathing judgement of her competency in CR17 judgement????; Treasury orders PIC to withhold bonuses from executives????; CR re-establishes National Securty council????????; Eskom wins tariff battle with regulator????; Land Bank recovers from interim loss????; Vodacom agrees to data cost reduction????; SAA warns employees its moving ahead with job cuts????✈️; gov forges ahead with plans to trim diplomatic missions????????; SA coronavirus cases hit 24 as more results awaited????; WC gets R1 bn extra for boots on ground at crime hotspots????; scathing PIC report fingers ex CEO & board members????; small black owned business 1st in line in spectrum licensing war????; SA’s latest budget is not one of austerity says Treasury????; internationally, Saudi’s start global oil price war????; longest bull market in US comes to crashing end????; world markets crash most since 1987????????, utter panic????; EU stocks suffer worst day in history????; Fed tries to calm markets with $1.5 trillion cash injection????; trump bans EU travel to the US, considering UK ban????; ECB stimulus booed, investors wanted rate cut????; US jobless claims less than expected @211 000????; France sees Coronavirus outbreak as worst health crisis in century????; both Chinese imports & exports decline????; Italy quarantines entire country, shuts borders????; EU urges banks to lend to businesses amid crisis????; US shale oil now almost certainly not worth drilling for????; Putin moves to change constitution allowing for 16 yrs of further power⏳????; BOE reduces rates to 0.25%, US FED reduces rates to 0.50% in emergency cuts????; UK pledges £30 billion in virus stimulus????; WHO calls coronavirus a pandemic????; Nepal closes Everest????; coronavirus could see 50 million tourism jobs lost????; Indices, JSE@ 44177⬇; DOW@23185⬇; FTSE@5366⬇; R/$16.27; R/£20.08; R/€18.02; Bitcoin $5563; Sports front, Proteas return home as India tour cancelled????; NBA suspends season????; Augusta National postpones Masters????♂; UK premier league suspended⚽; Ironman event postponed until Nov????♀; weekends Aussie GP cancelled????; MLB season cancelled ⚾; London Marathon postponed ????♀; Cape Epic cancelled ????♀; Tokyo Olympics in doubt ????????♂( Thanks to Dan Thomalla )
So …..As we face this Global Crisis ,what real Leadership change will we embark on this coming week ?