Guest Post by: Tumi Frazier, founder of Tumi Frazier International
This October in South Africa, ABSA Bank held its Women in Business Summits, aimed at celebrating successful women in business and recognizing women that are actively adding value in their communities. The Summits took place in nine provinces ending in Johannesburg on 23 October. I was one of the panelists invited to equip women with practical tools they could implement instantly in their businesses. Here are some of my insights from that event.
The topic for discussion on this panel was: “How to brand and advertise your business in the ‘NEW world’. My focus was on the importance of adaptive thinking for business leaders as the world changes. I highlighted the importance of agility and mindset transformation as I believe that new technologies, systems and information do not mean much if mindsets of leaders remain the same.
On the subject of social media ….
One of the Media Law Consultants participating in the event spoke about the difference between positive and negative social media presence. She pointed out that there are things you can and cannot do on social media. Harassing people on social media and/or posting slanderous and derogative posts not only destroy your personal and professional reputation, but can lead to serious law suits. So, it is important to have policies in order to protect yourself and your business from legal liabilities arising from improper or illegal social media.
The other presentation I found valuable was on government service providers here in South Africa….
Government entities usually include a condition in their tender or supplier documents that bidders must submit Tax Clearance Certificate issued by the South African Revenue Services (SARS) in order to qualify for evaluation over and above many other documents. Usually, no tender or contact will be awarded to any person or company whose tax matters are not declared in order by SARS. However, if you can produce a letter from South African Revenue Services that proves that you have a “Relationship” with SARS or have made necessary arrangements to settle outstanding amounts, your company cannot be excluded from bids. Did you know that unsuccessful bidders have a right to challenge procurement decisions on the grounds of procedural fairness or lawfulness or reasons given for such decisions? Well, if you are providing or plan to provide services to government entities in South Africa, have a fair understanding of the ACT to know your rights.
After all, we say knowledge is power, but even more powerful when applied.
Tumi Frazier is a South African entrepreneur, professional speaker, author, TV personality, consultant, and founder of Tumi Frazier International, Tumi Leadership Academy, and Tumi Foundation. Tumi is an internationally acclaimed Leadership and Change Management expert who has worked with high profile clients and organizations across Africa, United States and Europe. Tumi has authored 4 books: Courageous Stories of Inspiration; In the Midst of the Storm; Stepping Stones to Success; and Your Moment. Follow Tumi Twitter | LinkedIn
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