Tag Archives: giant leap

Bigger is not always better. In the past, vertical and horizontal integration were the guiding principles of business, and that led to mammoth businesses with control over the whole value chain. South Africa, as a result, has some Very Big Business and this can be inefficient and costly, diverting resources away from core competencies to peripheral and historical assets, and slowing down the business when it needs to innovate to keep up with new global competitors.
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