Nando’s: 3 ingredients for global success

Since stepping down as group CEO of Nando’s four years ago, Robert Brozin now looks after the “culture and soul” of the brand.

The business has grown from a single restaurant in Rosettenville, Johannesburg, in 1987 to a global business with 1 100 restaurants in 23 countries today.

Speaking at the Investec Business Matters conference in March, Brozin shared insight on how he and Fernando Duarte, later joined by Dick Enthoven, broke into the restaurant industry.

“I realise how little we actually knew and we didn’t realise how tough the journey was going to be,” he recalls.

Brozin says the team loves that the brand emanates from South Africa.

“The kick that I get from people around the world, is that they can’t believe we [Nando’s] could be African. To me it shows that South Africa can truly be world class.”

Read more … http://www.leader.co.za/article.aspx?s=41&f=1&a=6050 Downloaded 23 October 2017

2017-11-15T19:30:59+02:00November 15th, 2017|2017 Case Study, Recources|

Fast-food chains pressured to revamp kids’ meals

Zlati Meyer, USA TODAY Published Sept. 20, 2017

Long treated as the stepchild of the menu board, kids’ meals are getting a fresh look as quick-service restaurant chains pay more attention to nutrition in the food they offer their youngest customers.

Instead of just a separate kid’s menu, Panera Bread is announcing Wednesday that it will offer almost every one of its items in a smaller size for children. The move follows McDonald’s plan, disclosed last week, to replace regular apple juice with an organic, less sugary version in Happy Meals in November.

Panera, with its focus on health, portrays its smaller-size move as encouraging parents and their kids to move away from greasy, calorie-laden items.

“For too long, restaurants in America have served menus full of nutritionally empty chicken nuggets, pizza and fries, paired with sugary drinks and cheap toys,” said Panera CEO Ron Shaich in a statement.

Chains have been paying more attention […]

2017-11-15T19:29:44+02:00November 15th, 2017|2017 Case Study, Recources|

What is a shisa nyama exactly?

by: Dennis Ngxongo 25 Aug 2016

Democracy in South Africa resulted in many changes in where and how South Africans live – and party. While there was a surge in township residents moving into suburbia, with its high walls and lack of community spirit, the shisa nyama kasi (township) culture, in turn, began to gather momentum.

Shisa nyama, a Zulu slang expression for ‘buy and braai’, started off as a way for township butcheries to increase their weekend sales. But they soon became a gathering place for both up-and-coming urban professionals wanting to reconnect with their roots, and local township residents looking for company and a place to drink and eat. But they very quickly evolved and are now much more than venues to eat braaied meat.

Read more … http://www.food24.com/Restaurants-and-Bars/Shisa-Nyama/what-actually-is-a-shisa-nyama-20160825 Downloaded 22 October 2017

2017-11-15T19:27:15+02:00November 15th, 2017|2017 Case Study, Recources|

Be a great leader

Marion Barraud for HBR
One of the most difficult transitions for leaders to make is the shift from doing to leading. As a new manager you can get away with holding on to work. Peers and bosses may even admire your willingness to keep “rolling up your sleeves” to execute tactical assignments. But as your responsibilities become more complex, the difference between an effective leader and a super-sized individual contributor with a leader’s title is painfully evident.

In the short term you may have the stamina to get up earlier, stay later, and out-work the demands you face. But the inverse equation of shrinking resources and increasing demands will eventually catch up to you, and at that point how you involve others sets the ceiling of your leadership impact. The upper limit of what’s possible will increase only with each collaborator you empower to contribute their best work to your shared priorities. […]

2017-11-15T19:25:58+02:00November 15th, 2017|General management and CSR, Recources, Syllabus Topics|

The future of online shopping in South Africa is not quite what you think

Staff Writer                               23 September 2017
This past week, Mastercard released its first South African SpendingPulse report. The report, which is published worldwide, is based on transactions across every payment medium – including cash, wire transfers and credit cards.
This equates to over 80 billion transactions processed annually in 210 countries, and provides an accurate representation of consumer spending habits.

Speaking at the report’s launch event, Sarah Quinlan, senior vice president and head of market insights for Mastercard, indicated that one of the biggest changes in shopping trends came after the 2008 recession.

She said that it was no longer “chic” for consumers to flaunt their wealth with flashy purchases, and those who had previously spent money on big-ticket items have now cracked down on the “appearance of being wealthy”.

This has coincided with the rise of millennials’ purchasing power, who […]

2017-11-15T19:24:19+02:00November 15th, 2017|Environments, Recources, Syllabus Topics|

The biggest fast food franchises in South Africa in 2017

Staff Writer                         7 May 2017
With the addition and growth of several new fast-casual food options in South Africa, it’s clear that there is appetite in the country for quick meals and treats – but the tough economic climate over the past 12 months has also clearly taken its toll.
Fast food franchise growth in South Africa has slowed over the past year, with the total number of chains declining year on year from over 4,841 stores in May 2016, to around 4,780 stores in May 2017.

KFC still reigns supreme as South Africa’s favourite fast food brand, with 840 stores spread across the country. Steers holds onto its second place spot with 542 stores, while Wimpy and Debonairs fight for third with 492 and 473 stores, respectively.
While new and established fast food brands in South Africa – like KFC, Steers […]

2017-11-15T19:22:02+02:00November 15th, 2017|2017 Case Study, Recources|

Here’s how much your identity sells for on the Dark Web

Bloomberg               22 September 2017

How much is your personal data worth to you? A lot. And how much is it worth to an identity thief? You may be surprised, or insulted, or enraged, to find out.

Verified high-limit credit cards from countries including the U.S., Japan, and South Korea are selling on the dark web for the bitcoin equivalent of about $10 to $20, according to an annual report on cybercrime by Secureworks, a unit of Dell Inc.

The dark web is “the collection of Internet forums, digital shop fronts and chat rooms that cybercriminals use to form alliances, trade tools and techniques, and sell compromised data that can include banking details, personally identifiable information and other content,” as Secureworks defines it.
Verified means the seller has tested out transactions on the card and found it hasn’t been canceled yet. For scammers on a budget, there’s unverified […]

2017-11-15T19:18:16+02:00November 15th, 2017|Ethics, Recources, Syllabus Topics|

Grit: The Elusive (But Essential) Entrepreneurial Trait

If you’re familiar with the startup world, you’ve likely heard a lot of entrepreneurs talk about a quality called “grit.”

There are many ways to define this trait, many of which reference passion and perseverance. Author Caroline Adams Miller, for one, defines it as “the passionate pursuit of hard goals that awes and inspires you and others to become better people, flourish emotionally, take positive risks, and live your best lives.”

There are a number of components to grit, said Miller, who wrote “Getting Grit: The Evidence-Based Approach to Cultivating Passion, Perseverance and Purpose” (Sounds True, 2017). However, at the root of it is “ikigai,” the Japanese term for “that which I wake up for” – in other words, your purpose.

“When we have a purpose that is authentic and connected directly to what we want to pursue for its own intrinsic value, it fills us with the passion that supports us through […]

2017-11-15T19:16:20+02:00November 15th, 2017|Entrepreneurship, Recources, Syllabus Topics|

Fast food may lead to lower school results

Eating fast food may lead to lower student test scores in math, science and reading, a recent study of U.S. school children said.

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A survey showed that fast-food consumption by 8,544 fifth-graders forecast lower academic achievement in eighth grade, according to the study published in Clinical Paediatrics.

 

“These results provide initial evidence that fast-food consumption is associated with deleterious academic outcomes among children,” the study by Ohio State University and University of Texas researchers said.

Fast food eaters behind

In terms of growth in achievement, the researchers found that eighth-graders who ate fast food daily were behind those who ate no fast food by four points in reading. They were behind by three points in math and four points in science.

The results may be caused by lower levels of nutrients in fast foods, especially iron.

The high level of fat and sugar often found in fast-food meals also can affect attention and reaction times, the […]

2017-11-15T19:14:33+02:00November 15th, 2017|2017 Case Study, Recources|

Entrepreneurs become this amazing intersection of leadership and economics…’

Why Yusuf Randera-Rees co-founded Africa’s most innovative SMME investment company….

Sonya & John Culverwell                    6 September 2017
In 2009 Harvard and Oxford graduate Yusuf Randera-Rees, and his partner Ryan Pakter, started the Awethu Project with a modest R60 000 – however their vision was everything but modest. In fact it was huge. Their aim was to make a large-scale systemic impact on the country’s economy by elevating entrepreneurs who are trapped in the informal sector.

 

Follow the link to a video clip https://www.moneyweb.co.za/in-depth/fnb-business-leadership/entrepreneurs-become-this-amazing-intersection-of-leadership-economics/ 10 September 2017

2017-11-15T19:12:35+02:00November 15th, 2017|Entrepreneurship, Recources, Syllabus Topics|
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