Videos

A SWOT analysis is a study conducted by a company to identify its strengths, weaknesses, opportunities, and threats.

SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis identifies internal strengths/weaknesses and external opportunities/threats for strategic planning, while risk analysis focuses specifically on identifying, evaluating, and mitigating potential future threats and uncertainties that could impact objectives. Together, they form a powerful framework: SWOT reveals the current landscape and strategic potential, while risk analysis dives deeper into managing the identified threats (from SWOT) and other unforeseen risks to ensure business continuity and success.

The risk assessment process is a systematic method for identifying hazards, analyzing potential harm (likelihood and severity), deciding on control measures, documenting findings, and regularly reviewing the assessment to manage and reduce risks, commonly involving 5 steps: identify hazards, decide who & how they're harmed, evaluate risks & choose controls, record significant findings, and review/update.

The Public Procurement Act (PPA), Act No. 28 of 2024, is South Africa's new overarching law to regulate government purchasing, aiming for greater transparency, fairness, and efficiency by replacing fragmented rules with a single framework, though its provisions aren't fully in force yet and will be rolled out gradually by presidential proclamation, with key areas like preferential procurement regulations being prioritized for implementation to address existing system weaknesses and promote economic development.

In strategic planning and strategic management, SWOT analysis is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project. The video clip explains the integration between the SWT analysis and Enterprise Risk Assessment.

The video clip contains an analysis of the current balance of powers in the world, and the US's response throu8gh its National Security Strategy.

"Smart" describes intelligence, quick thinking, or being well-designed/stylish, but it's also an acronym (SMART) for goal-setting: Specific, Measurable, Achievable, Relevant, Time-bound, and relates to technology like smartphones, while also referring to the Smart car brand. The word can also mean a sharp stinging pain or mental distress.

The video clip offers guidelines about the process to implement a Performance Management System in an enterprise.

Project management is the discipline of planning, executing, and closing projects to achieve specific goals within defined constraints (scope, time, budget) by applying knowledge, skills, tools, and techniques, involving leading teams, managing resources, mitigating risks, and ensuring successful delivery of value, often following a lifecycle like initiation, planning, execution, monitoring, and closure. It brings structure to complex tasks, ensuring teams align to meet objectives effectively and efficiently, and is crucial across many industries for launching products, organizing events, or implementing initiatives.

The video clip contains guidelines on the process for compiling an Integrated Development Plan (IDP).

The video clip deals with the G20, the US and the global order.

An IDP (Integrated Development Plan) for a municipality is a mandatory, five-year strategic plan in South Africa that outlines a local government's development goals, projects, and resource allocation for economic and social progress, ensuring coordination across spheres of government and significant public participation to improve service delivery and quality of life

The video clip explains expanded methodology for performing enterprise risk assessment.

Pricing list strategies involve methods like Cost-Plus (cost + markup), Value-Based (perceived customer worth), Competitive (based on rivals), Price Skimming (high initial price), Penetration (low entry price), Premium (high quality/status), Economy (basic, low cost), Dynamic (real-time changes), Bundle (packages), and Psychological (odd-even pricing) to set prices that align with business goals, market position, and customer perception for profitability and growth.

SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) and Risk Assessment are complementary tools for strategic planning, with SWOT identifying internal/external factors and Risk Assessment focusing on potential negative events, but together they offer a complete picture: SWOT defines what a business can leverage (Strengths/Opportunities) and what it faces (Weaknesses/Threats), while Risk Assessment quantifies and plans responses to those Threats (risks) and leverages Opportunities, creating a robust strategy for growth and protection.

The video clip contains the results of an analysis into risks in the South African governance environment.