Business Fleet Africa February 2023

This month we cover a variety of topics including all the news from Audi, Chery, Renergen, Volvo Trucks, Daimler Trucks and many more. Regular topics include business advice from Standard Bank and Brand Pretorius, a road safety update from Ashref Ismail and a deep dive into the Ctrack Transport and Freight Index.

February 2023 | BUSINESS FLEET AFRICA

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Step 4 – Implement the right strategy

“Considering that we do business in

an ever-changing world, strategies are

re-aligned continuously, we live in the

‘never normal’. Ongoing disruption due

to the accelerating pace of technological

innovation is a given. Conventional five-

year strategic plans have become obsolete.

Flexibility and agility have become critical

success factors,” adds Pretorius.

“The ability to position one’s business

to remain relevant, competitive and

viable has become extremely challenging.

Maintaining a reasonable level of organisa-

tional effectiveness in this VUCA world has

become progressively more difficult”.

Step 5 – Appropriate corporate

objectives

Identifying appropriate corporate

objectives and its successful implemen-

tation will convert strategy into reality

over time. Avoid an overreaction to new

developments, and apply discipline to

prevent instability.

“In my experience, corporate objec-

tives should only be reviewed bi-annually.

These reviews should be done objectively,

focussing on fundamental trends only.

When McCarthy was insolvent, we in-

vested all our time and energy over three

years focusing on five key objectives.

The power of stability and focus was a

revelation. At Toyota SA, we remained

committed to the brand promise of

Everything keeps going right, Toyota, for

20 years,” Pretorius points out.

Step 6 – Aligned personal objectives

“Deploy every ounce of intelligence,

every drop of energy, every bit of knowledge and experience to

increase the probability of attaining corporate objectives. Every

team member should be convinced that individual contribu-

tions are of critical importance, everybody should understand

the big picture and how they fit into it. All team members

should accept co-responsibility for the successful execution of

the strategy,” says Pretorius.

Step 7 – Supportive policies, systems and processes

Policies, systems and procedures should enhance organisa-

tional effectiveness, Pretorius explains. Outdated IT systems, in

particular, can be obstacles rather than enablers. Cost-effective

utilisation of technology is imperative; the Internet, digitisation,

big data analytics, robotics and social media can make an

enormous difference and it is important to regularly conduct

system and process audits.

Step 8–Effective performance

management

“The acceptance of personal accountabil-

ity is critical. Relevant and measurable

objectives, signed off by both parties,

represent the nucleus of an effective

performance management system.

Reviews should be done bi-annually, and

outcomes should include recommended

personal development plans. Honour

the principles of transparency, respect,

openness and fairness, or performance

management will demotivate or alienate

team members,” explains Pretorius.

The right behaviour and action

“Effective organisations have people

who follow the correct principles and

values. They also have a bias for action

and, consequently, get things done. There

is a sense of urgency, and big and small

promises are kept. However, one has to

Zoom out, envision the most likely future

environment and reposition one’s busi-

ness to ensure sustainability. Scientific

research and quality strategic thinking

are the critical success factors”. Pretorius

says the only defence mechanism is

an uncompromising adherence to the

right principles and values like integrity,

fairness, consistency, compassion and

justice.

Step 10 – An obsession with results

“It is about delivering best in class results.

Top-performing organisations have

a performance culture and are super

competitive and single-minded in their

quest to be the best”.

Step 11 – Reward fairly

In the final analysis, most people ask: “What is in it for me?”

Pretorius says that effective organisations have an abundance

rather than a scarcity mentality. They celebrate achievement

and reward accordingly. Appropriate rewards motivate and

encourage excellence. If you want to have an effective organi-

sation, you have to close the loop.

In conclusion

“An integrated approach is vital. You cannot be selective when

it comes to the implementation of your action plan. It is all or

nothing, be brave because the rewards are substantial.”

“The eleven action steps aren’t theoretical but very practi-

cal. If implemented correctly, it can transform organisations. I

experienced the favourable impact personally at both Toyota

SA and McCarthy,” concludes Pretorius. BFA

High levels of

organisational

effectiveness

transform the world

of work and lead to

substantially higher

levels of engagement

and commitment.

Superior productivity,

performance and

results follow.

Organisational

effectiveness is the

best predictor of

sustainable success!”

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