On the 26th of June, we hosted the first WHERE IS YOUR INDUSTRY GOING? panel discussion in Durban. We would like to thank everyone who attended and helped make it a success. Here are a few of the many key points that emerged:
1.) Tasked with “poking the bear”, Moderator Melanie Veness asked, “How do we get around the perception amongst direct foreign investors that BEE is an obstacle?”
Our panelists took great pleasure exploring this question in its political, social and commercial dimensions. As someone who spends a lot of time representing business, Melanie has a strong awareness of concerns and misperceptions around policy certainty, and it was fantastic to know what those sound like from investors’ side, and the variety of responses to those concerns that is available to us.
2.) Zak Mbhele took us through a few news headlines to show if there’s one thing office-bearers across the political spectrum fear, it’s being removed from their positions. His contribution to the panel can be summarised in these quotes:
3.) Zibu MaSotobe demonstrated the need to see one another’s problems as our own before they become our own. From a business management perspective, there are questions about (in)equality that our business and political leaders need to ask themselves or that we need to confront them with. More than this, we need to translate those questions into our personal-life settings.
4.) Grant Davis knows every business improvement technique in the book from around the world. This is important because transformation is, at heart, about transforming the heart in order to improve the functioning of businesses and economies. The strenuousness of the new codes, the recession and all the other problems we face in our industries make BEE not just a tick-box exercise but a tool in a greater business- and culture- improvement undertaking that we all must be participants in.
5.) Siya Khumalo explained that unless they feel their fates are “tied into” the economy’s, most people won’t understand state capture, #GuptaLeaks and all the other dangers our economy faces. Transformation gets everyone in the same boat and forces broader clarity on issues that concern the economy.
We encourage you and your colleagues to attend any of the next panel discussions that will be happening near you.