Finweek - English

Re-thinking the C-suite

many fast-growing companies, both in South Africa and abroad, are moving away from traditional leadership models and embracing ‘flatter’ structures that promote higher levels of autonomy, flexibility and collaboration. Some are going as far as to shun the entire concept of a C-suite and executive leadership.

This is especially true for companies that operate in the tech space, or that are experiencing hypergrowth.

At BasaltTechnology, for example, a Johannesburg-based technology company serving global clients, there is no defined leadership structure. Instead, employees work in ‘pods’ of up to seven people and

You’re reading a preview, subscribe to read more.

More from Finweek - English

Finweek - English3 min read
SA Gold Miners’ Stark Choice
gold has been mined in South Africa for about 140 years. Now, the maturity of the resource is beginning to show. It’s costly and risky accessing the deeper levels of economic resources, and it requires labour-intensive mining practices. Wage and elec
Finweek - English1 min read
On Margin
This issue’s isiZulu word is izinja. Izinja is dogs. The singular is inja. I don’t have izinja or any other pets. I don’t have pets because I don’t want to take care of an animal. I would never, even though my kids want izinja. I get it. But I also k
Finweek - English1 min read
Construction Picks Up Pace
BUY SELL HOLD Back in May, I recommended construction firm Raubex as a buy – it has gained about 20% since then. The company released solid results for the six months through 31 August on 8 November. Revenue jumped 52% compared to the same period a y

Related Books & Audiobooks