Business Fleet Africa June 2023

The June edition of Business Fleet Africa brings you all the latest news and developments from the world of working wheels. This month we cover a variety of topics, including the latest on the Hino and Fuso merger and all the news from BMW, Woolworths, Suzuki and Toyota. Regular topics include business advice from Brand Pretorius and Standard Bank, a road safety update from Ashref Ismail and a deep dive into the Ctrack Transport and Freight Index.

BUSINESS

BUSINESS FLEET AFRICA | June 2023

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“What does employee engagement

look like at present? Brace yourself for

these eye-opening statistics: a mere

8% of employees are truly committed,

while a staggering 46% could potential-

ly sabotage your business due to the

rampant phenomenon known as quiet

quitting. The gravity of this situation

is magnified when you consider its

detrimental impact on your profitabil-

ity,” says Brand Pretorius, renowned

business leader and doyen of the motor

industry.

Pretorius emphasises that inspiration-

al leadership is the number one critical

success factor in any organisation,

particularly during challenging times. It is

the key to achieving sustainable success,

as it lays the foundation for exceptional

employee engagement, translating into

heightened productivity levels, superior

service quality, enhanced customer

fulfilment, and, ultimately, increased

profitability. But before delving into the

intricacies of leadership, let us first ex-

plore the potential future environment.

The unknown of unknowns

Futurists have coined the term VUCA

(Volatile, Unpredictable, Complex,

Ambiguous) to describe the current

business landscape. However, according

to Pretorius, due to unprecedented

events like the pandemic and Russia’s

invasion of Ukraine, we can expect a

VUCA on steroids, leading to a world

that grows increasingly disorderly. The

rapid acceleration in technological

innovation, coupled with the disruptive

nature of business models, has resulted

in a fourth industrial revolution driven

by the surge of social media, digitisa-

tion, big data analytics, AI, and robotics.

As the physical, biological, and digital

worlds merge, people have become

digital beings, with nearly four billion

individuals connected through smart-

phones. The world is shrinking, and

the concept of distance is becoming

obsolete.

“We have transitioned from the

new normal to an era of never normal,

Unleashing the power

of leadership

‘Leadership truly

matters. It is an essential

prerequisite for

sustainable success, akin

to electricity that powers

countries, organisations,

businesses, sports teams,

and families towards a

better future. In fact,

as John Maxwell, a

well-known American

author, asserts that

everything rises and falls

on leadership. Without

quality leadership,

people metaphorically

stumble in the

darkness, devoid of

direction. The inevitable

consequence of a lack

of competent leadership

is poor results.’

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