• Zibusiso Mkhwanazi: A Serial Entrepreneur at a Crossroad

    Zibusiso Mkhwanazi, chief executive officer of Avatar South Africa, looked out of his office window in Johannesburg. Mkhwanazi was contemplating whether he should stay at Avatar or move on to new things. This question was triggered by a media briefing that South Africa’s Minister of Health had just given in which he outlined the rollout for the COVID-19 vaccine. Avatar had been directly involved with the communication strategies the president of South Africa and the Ministry of Health used to reach the majority of the population in a country in which access to the internet was not equal. The work had been innovative, challenging, and a matter of life and death. Mkhwanazi had enjoyed and thrived on the work, and felt it had been the outstanding achievement of his career. Mkhwanazi had never stayed in a job when the job had stopped challenging him. He started his career when computer technology was disrupting the way organizations worked and communicated. Initially, he was motivated by money. However, he had achieved his goals and now had different motivations. At Avatar, he had helped develop a culture through faith-driven leadership, but Avatar no longer gave him the joy and fulfilment of working on the cutting edge of technology. His dilemma was whether he should stay at Avatar with the people he had come to love and care about, or leave to find something that would satisfy his passion for innovative and creative work.
    詳細資料
  • Busy Corner: Launching New Business in Uncertain Times

    Phumlaphi Rita Zwane, founder of Busy Corner, a thriving Shisanyama (African barbeque) business in Thembisa, South Africa, faced a pivotal decision amid the COVID-19 pandemic. Motivated by aspirations for business expansion and the pursuit of new opportunities, Zwane established a company-owned restaurant in the Mall of Thembisa. However, insufficient consideration of crucial factors during the decision-making process led to an alarming debt of $825,971, as of February 18, 2023, posing a significant threat to the business's survival. At this juncture, Zwane grappled with the dilemma of whether to close, sell, or franchise the Thembisa Busy Corner location, underscoring the critical need for a strategic resolution to secure the future of her entrepreneurial venture.
    詳細資料
  • The Pandemic's Impact on YLED: Navigating Uncertainty and Sustainability

    In June 2020, Steven Zwane, founder and chairperson of the Youth Leadership and Entrepreneurship Development (YLED) program, based in Johannesberg, South Africa, faced managing the uncertainty of COVID-19’s impact on the program’s long-term sustainability. YLED, a non-profit social enterprise aimed at empowering underprivileged youth, relied on donors and sponsorships to deliver its face-to-face entrepreneurship and leadership training program to grade eleven learners from township schools around Gauteng Province, South Africa. YLED's funding sources were affected by their sponsors’ and donors’ economic constraints during the pandemic, leaving uncertainty about the program's future. Should Zwane suspend YLED’s operations until the end of the pandemic or find an alternative means of delivery? If he suspended operations, what would happen to the young people, whose hopes and dreams could be crushed? If Zwane continued and found other means of delivery, how would he be able to do so without support from donors and sponsors?
    詳細資料