Future-proofing the workforce means more than adopting new technologies—it requires empowering employees with the skills, confidence, and adaptability to thrive in the digital age. By investing in continuous learning, fostering innovation, and creating inclusive environments, organizations can unlock human potential while navigating rapid change. The companies that succeed will be those that treat digital transformation not as a threat, but as an opportunity to elevate their people.
Tag Archives: Financial Losses
Financial loss refers to a decrease in monetary value, typically resulting from business operations, investments, or unforeseen events. It can occur due to poor decision-making, market fluctuations, operational inefficiencies, or external factors. Managing financial loss involves identifying causes, mitigating risks, and implementing strategies to protect financial stability.
True transformation begins with clarity of purpose. Assessing and setting winning goals is not about ticking boxes—it’s about aligning vision, strategy, and measurable outcomes that drive sustainable change. Organizations that define goals through rigorous evaluation, stakeholder engagement, and long-term impact will not only navigate disruption but also emerge stronger, more agile, and future-ready.
Paper-based maintenance may feel familiar, but it’s draining your organization of time, money, and efficiency. Manual logs slow down decision-making, create errors, and hide critical insights that digital systems can reveal instantly. By clinging to outdated methods, companies risk higher costs, reduced reliability, and missed opportunities for growth. The future of maintenance is digital, and the sooner you embrace it, the faster you unlock real value.
Eskom stands at a crossroads, burdened by debt, inefficiency, and systemic mismanagement. The urgent need for reform is no longer a matter of debate—it is a matter of survival. Without decisive restructuring, improved governance, and a commitment to sustainable energy, South Africa risks deeper economic stagnation and continued power insecurity. The time for half-measures has passed; only bold, transparent action can restore trust and secure the nation’s energy future.
My complaint against City Power Johannesburg highlights deeper systemic issues—poor accountability, unresolved service failures, and a lack of transparency. Despite repeated engagements, the concerns remain ongoing, leaving consumers frustrated and businesses exposed to unnecessary risk. Addressing these failures is not just about fixing one complaint; it’s about demanding a higher standard of governance and ensuring that utilities serve the public with efficiency, fairness, and reliability.
Unbalanced power networks are more than a technical nuisance—they erode efficiency, shorten equipment lifespans, and inflate operating costs. Understanding power quality is essential for identifying hidden risks such as voltage fluctuations, harmonics, and load imbalances. By prioritizing monitoring and corrective strategies, organizations can improve reliability, reduce downtime, and ensure that their energy systems support both sustainability and long-term profitability.
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On September 24, 2023, I posed an article in which I explained how poorly maintained switchgear could lead to long-lasting power quality issues. In that article, which was based on an actual incident in Benoni, Gauteng, South Africa, I mentioned that the voltages of two of the three phases increased by more than 51% while […]
In the latest newsletter which would be published on November 14, 2023, I am making another attempt, this time, to catch the attention of accountants and financial officers explaining to them how unbalanced voltages, phase-shift variations, and harmonics disturbances would result in enormous economic losses. But first, I must go back to a previous blog […]
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