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Michael Jordaan still leading South African business

first_imgSulaiman PhilipAs a cadet officer at the Gordon’s Bay Naval Academy Dr Michael Jordaan, outgoing chief executive officer (CEO) at First National Bank (FNB) was trained in the art of pouring the perfect glass of port. He was also trained to time his departure from a party perfectly. A useful skill as it turns out for the 2013 Sunday Times Business Leader award winner.Jordaan walks away from a bank that, under his leadership, has been crowned the most innovative bank globally, a pacesetter for using mobile technology in banking. He has also helped grow it into the second-largest retail bank in the country and the largest supplier of mobile devices – smartphone and tablets – in South Africa.Tech-savvy Jordaan is not leaving FNB for a sedentary life on his Stellenbosch wine farm. He has accepted a non-executive position at South African social network and messaging service Mxit. He believes home-grown success stories like Mxit can show the way toward building a more diverse and stronger South African economy. Loathe to handpick industries that will grow in the future he argues, “The market will be the ultimate arbiter of how our economy will grow and diversify, but the kids growing up with companies like Mxit are comfortable with the devices and programming that will drive growth.” Celebrate business achievements Jordaan believes that government, with the assistance of business, needs to build the launch pad to improve South African competitiveness, especially in Africa. South African businesses are world class, as reflected by the recent World Economic Forum’s competitiveness report, and have the potential, he says, to lead Africa into an era of self-sufficiency. This is why he is a cheerleader for the country wherever he goes.“For investors the risk-reward trade-off is good, governance is excellent and we have world-class skills in many industries. However we need to improve our education system to retain our place as the leading economy on the continent. Like every South African I love sport but there are times I wish we got as passionately excited about education as we do about sport.”With more than 36 000 Twitter followers, Jordaan is comfortable sharing his opinion on a variety of subjects without the filter of a corporate communications team. Among his more contentious opinions is that Black Economic Empowerment needs to be amended and refreshed.“Broad-based transformation and skills transfer has been a huge success but personally I am not a fan of those structures that benefitted a few well-connected individuals.”“South Africa is in the unique position of having both high unemployment as well as a critical shortage of key skills so going forward I would like to see greater emphasis on job creation as a category of transformation.”Jordaan served part of his banking apprenticeship under Paul Harris at Rand Merchant Bank where his role model tasked him with establishing an internet-based commercial bank. Without the infrastructure to make it viable the idea evolved into RMB Private Bank. Under Harris’s tutelage Jordaan learnt two valuable lessons; role models are important and business matters.“We need to celebrate business achievement and accept that it can be a huge force for good. Business leaders need to give back by sharing insights and lessons, especially with entrepreneurs because small business is the driver of economic growth.”His advice for entrepreneurs is to find a role model. They are, he says, the best tool for someone starting a business. They are a resource whose ability to help is built on experience. Business success however is built on passion.“Be obsessive about your product or service. Don’t do it for the money. Surround yourself with great people and shower them with credit when they achieve. Leave your ego at home or better yet lose it altogether.” Entrepreneurship and innovation breed success FNB’s CEO describes himself as entrepreneurial at heart, and like all entrepreneurs his mind-set is: find a solution rather than fixating on the problem. This ethos has allowed FNB, in partnership with the Department of Trade and Industry, to develop a model that allows a new business to open a bank account and complete the business registration within 24 hours as part of the same process. “Regulations are a way of life and many are well intended but I feel passionately that we should streamline the start-up process as much as possible. Small business can be the engine of growth but we need to remove obstacles, not set up hurdles.”Innovation is at the heart of Jordaan’s success but it’s his management style that has allowed FNB staff to think beyond what is possible. Since 2004 the bank has run the FNB Innovators Programme to encourage lateral thinking. Accepting the BAI – Finacle award in 2012, Jordaan revealed that 8 166 innovative ideas were born as a result of the programme.“The trick in life is to surround yourself with people who are better than you, agree the goal, then get out of their way. People are inherently good and want to achieve. Nine times out of ten they will surprise you with great outcomes as well as new ways of doing things.”Jordaan finds it easier to not micromanage staff, believing that people who are allowed to find solutions without a manager looking over their shoulder helps build a stronger organisation. Interference, as he calls it, does not allow companies to use its employees’ skills.“Mediocre people like being told what to do and exactly how to do it; great people want to work in an empowered environment.”          As Jordaan steps away from his high-profile role toward new challenges he feels assured that he will find success. And if he does not, he believes there are lessons to be learnt in failure as well. A lack of success is just a different way of learning a lesson, he has explained in interviews.Jordaan, who took over for one three-hour shift from Talk Radio 702 personality Redi Thlabi, while she was on maternity leave, embraces challenges that remove him from his comfort zone and would encourage every business leader to do the same.“I enjoyed connecting with people who would not otherwise cross my path; things like Twitter break down all organisational boundaries. The most important lesson I have learnt is this: one learns nothing in the ivory tower and everything by connecting with South Africans from all walks of life.”last_img read more

Mountain Monsters: Trapper is not dead

first_imgShare Facebook Twitter Google + LinkedIn Pinterest John “Trapper” Tice. Photo provided by Destination America.I am pleased to confirm that despite rumors to the contrary in January of 2016, Trapper from the television series “Mountain Monsters” is alive and well.A publicist for Discovery Communications, Inc. and “Mountain Monsters” confirmed he is in good health after a cliff hanger during one of the episodes left fans worried he had passed away.“I’m happy to confirm that Trapper is alive and well,” a publicist for the network said. “At the end of the 2016 season premiere, there was a cliffhanger revealing that Trapper had a medical emergency. In reality Trapper’s health scare occurred last spring, and fans will see in this weekend’s episode that he is now in recovery and on the mend!”Comments and messages of condolences were left on my blog from several years ago, Mountain Monsters: The inside scoop. I’m not sure why so many folks were sure Trapper had passed away, but I’m happy to report he is doing well.“Please let your readers know that his health will be addressed in the episode airing this Saturday, Jan. 30 at 10/9c,” the same publicist requested.As with everything on the Internet, it is important check your facts closely before starting rumors, that’s why I went directly to a publicist for the network on which the series airs.I’m thankful she was willing to share his health status and confirm he is “alive and well.”For more on “Mountain Monsters,” check out the following links:Men of “Mountain Monsters” investigate Ohio folklore“Mountain Monsters” — They’re more familiar than you thinkTo find out more about A.I.M.S., visit http://www.aimsa.org/.To see the full schedule for “Mountain Monsters,” visit http://www.destinationamerica.com/tv-shows/mountain-monsters.last_img read more

Ohio Ag Weather and Forecast — April 17, 2018

first_imgShare Facebook Twitter Google + LinkedIn Pinterest 180417_RyanMartinContinued cold today. Northwest winds dominate the landscape, but we at least see a little less available moisture. Clouds will fight for space with sunshine, and we can’t rule out lingering wet snowflakes, mostly over the northern half to third of the state. However, temperatures today should be a couple degrees warmer than yesterday.Tomorrow will be mostly dry statewide with a mix of clouds and sun. Clouds will be thickening up Wednesday afternoon as our next frontal complex draws close. South-southwest winds ahead of that system should take temps a little higher, perhaps closer to normal. This will, not be a significant warm up, though, and the moderation will be very short lived.Moisture moves in tomorrow evening and then continues through Thursday. Available moisture is not all that impressive, but we draw our rain chances out over the entire period. We look for a few hundredths of an inch up to .25” with coverage at 80% of Ohio. Everything should be done and out of Ohio by Thursday evening.We are keeping our forecast dry for the Friday, Saturday and Sunday time period and are also looking to add Monday to this. The system coming up from the southwest does not look as impressive for early next week. Temps stay cool through the weekend, and will start to moderate just a bit on Monday, as south flow starts to develop ahead of that SW circulation.We our pushing that next system back into Tuesday. We start the day with a few scattered showers in the far southern part of the state, and from there action slowly spreads north. By afternoon we should see chances of precipitation over most of the state. The rains continue off and on through Tuesday night, and Wednesday, finally exiting to the north and east after midnight Wednesday night. Rain totals for the 36 hour period can be from.25”-.75” over about 80% of the state, but most of that coverage will be closer to the .25”. This low stays south a long time before shoots north over us. So, that means we still have to watch this event, as any slowing or strengthening could adjust that track back farther west, and mess with our precipitation totals. But, at the moment, it looks like we catch the most moisture of anywhere in the eastern corn belt with this system. We get drier weather with sunshine for next Thursday after sunrise behind the system.Strong Canadian high pressure slides into the region at midweek next week, meaning we see a reinforcing shot of cooler air spreading across the eastern Corn Belt. This high promotes dry weather. Then, a cold front works in from the northwest for the 28th and moisture associated with that stalling front can hold through the 1st. As precipitation dissipates for the 2nd, we should see high pressure settle in over the Great Lakes for a couple of days, before another system lifts out of the central and southern plains around May 4th. While we have a few attempts by our atmosphere to moderate between now and months end. For the most part we average 5-15 degrees below normal for the rest of April on the whole. That means soil temperatures will be slower to move…although they will be moving upward. Below is a map of soil temperatures from yesterday. We have some work to do – and if our soil profile stays damp, it will be tough progress very quickly.last_img read more

Miami East-MVCTC FFA Food Science and Technology Team Competes

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Emma Sutherly, Miami East-MVCTC FFA Chapter ReporterRecently the Miami East-MVCTC FFA Food Science and Technology Team competed in the District 5 Contests hosted by Covington High School.Food Science and Technology Contest contestants included Elizabeth Bair, Natalie Bair, Erin Baker, Arielle Barnes, Ethin Bendickson, Adam Bensman, Makayla Brittain, Anna Broerman, Libby Carpenter, Carter Gilbert, Luke Gilliland, Justin Hawkins, Savannah Holzen, Kearsten Kirby, Morgan Nosker, Paige Pence, Meadow Powers, Rylee Puthoff, Jimmy Sutherly, Leann Vernon, Isabella Waite, Seth Wells, and Lauren Wright.Miami East students placed 4th out of 42 teams. The highest placing team consisted of Justin Hawkins, Rylee Puthoff, Isabella Waite, and Anna Broerman. Justin Hawkins was the highest placing individual from Miami East.During the contest the team members were asked to complete a product development scenario in which they calculated the nutritional facts for a new food product and design a new package.  Also they completed an aroma identification section, responded to customer inquiry scenarios, identified sanitation errors in the food industry and common equipment used in a food production facility, and completed a taste sensory test and flavor identification.last_img read more

Controversial Rajasthan bill sent to Assembly select committee

first_imgRajasthan tables Criminal Laws Amendment Bill amid uproar  The move has been severely criticised by the Congress and the National People’s Party (NPP) and senior BJP MLA Ghanshyam Tiwari. The Editors Guild of India too opposed the “harmful ordinance” and demanded its withdrawal.On Tuesday, Mr. Tiwari protested when he was not allowed to raise a point of order. He objected to Speaker Kailash Meghwal giving permission to the Home Minister for giving his statement during Question Hour.  At the beginning of Question Hour on Tuesday, Parliamentary Affairs Minister Rajendra Rathore said Chief Minister Vasundhara Raje held a meeting of Ministers on Monday night to discuss the Bill and that the Home Minister would apprise the House of the development.The Home Minister said that prior approval of the President was sought before introducing the ordinance in September.On Monday, Independent MLA Manik Chand Surana raised the point that no approval of the President was attached with the Bill. As the Opposition MLAs rushed into the well of the House demanding withdrawal of the Bill, Mr. Kataria said the government would consider the suggestions put forward by the members. He then moved a proposal to refer it to the select committee. The proposal was passed by the Assembly. The select committee was asked to submit a report in the next session.The Criminal Laws (Rajasthan Amendment) Ordinance, 2017, seeks to protect serving and former judges, magistrates and public servants in the State from being investigated for on-duty action, without government sanction. It also bars the media from reporting on such accusations till the sanction to proceed with the probe is given by the government.Also Read Rajasthan Criminal Law Bill will check motivated complaints: Prasad Facing flak from various quarters, the Rajasthan government on Tuesday referred a controversial bill that seeks to protect public servants and judges from prosecution without its prior sanction to a select committee of the Assembly.Amid an uproar from the Opposition Congress, the Criminal Laws (Rajasthan Amendment) Bill was tabled in the Assembly by Home Minister Gulabchand Kataria on Monday to replace an ordinance promulgated on September 7.Also Readlast_img read more

DEADLINE FOR NTL ADVERTISING APPROACHES

first_imgWith the Mens, Womens and Opens finals being recorded for Fox Sports and a record number of teams taking part in the event, the 2006 NTL is set to be the biggest ever.If you would like to advertise amongst the NTL crowd for your own business, company or even for your local Touch knockout or competition, here’s your chance!Approximately 3000 copies of the NTL program will be produced for the event and it will also be uploaded onto the TFA website. The cost will be $500 per A4 page, $250 per half and $125 per quarter page.Contact media@austouch.com.au or phone 1800 654 951 if you’re interested in this opportunity.This opportunity will close on Monday February 20 as the program will head into production.Homelast_img read more

a month agoWATCH: Man Utd hero Rio tells fans to stop Ole sack talk

first_imgWATCH: Man Utd hero Rio tells fans to stop Ole sack talkby Paul Vegasa month agoSend to a friendShare the loveRio Ferdinand has posted a video of himself defending Ole Gunnar Solskjaer to Manchester United supporters.The video came after United lost 2-0 to West Ham United at London Stadium on Sunday.Some supporters have called for Solskjaer to be sacked after the lacklustre display.But Ferdinand told fans the reaction was “knee-jerk” and wouldn’t benefit the club.Rolling up on the fan tv like…. #MUFCpic.twitter.com/66QH4edfgA— Rio Ferdinand (@rioferdy5) September 22, 2019 TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

FSU 5-Star Commit Levonta Taylor Says Decommitted 5-Star Tight End Isaac Nauta Will “Be Back”

first_imgA view of the back of a Florida State player's football helmet.DURHAM, NC – OCTOBER 14: A detailed view of a helmet worn by the Florida State Seminoles during their game against the Duke Blue Devils at Wallace Wade Stadium on October 14, 2017 in Durham, North Carolina. (Photo by Streeter Lecka/Getty Images)Florida State lost a big commitment today. Isaac Nauta, a five-star tight end in the 2016 class, announced on Twitter that he has de-committed from the Seminoles’ program. FSU fans shouldn’t worry, though, according to five-star defensive back commit Levonta Taylor. Taylor, who has been committed to FSU since April, says Nauta will “be back” and tells fans “don’t worry!” He’ll be back. Don’t worry !— Levonta Taylor (@iamlevonta) July 28, 2015Well, that’s a good sign, Florida State fans. The Seminoles’ 2016 class is ranked the No. 3 class in the country by 247 Sports.last_img read more

In the NBA Its Not Whether You Win or Lose Its Whether

Other factors also affect a coach’s odds of being fired. Deep playoff runs help coaches. First-year coaches sometimes get mulligans and are less likely to be fired. We’ll save that discussion for another post, however.The lesson is simple: A coach is not long for his job when expectations run wild, as they often do in New York. With the benefit of hindsight, it now seems likely that Woodson’s Knicks overachieved in the 2012-13 season. That only made it harder for him to keep his job this year. It was the age of foolishness. It was the summer of trading three draft picks for Andrea Bargnani. It was the autumn of J.R. Smith being suspended for marijuana possession. It was the winter of disparaging the shot clock. It was the New York Knicks’ 2013-14 season. So when Mike Woodson was fired as the coach of the Knicks on a warm, spring day in Gotham Monday, New York breathed a sigh of relief.But Woodson’s problem wasn’t just that the Knicks were bad. The Knicks are usually bad. Woodson’s problem was that the Knicks — for a change — were expected to be good. They’d won 54 games and gone to the Eastern Conference semifinals the year before. Preseason over-under lines pegged their win total at 49.5 games. When my ESPN colleague Kevin Pelton, through his SCHOENE system, instead projected the Knicks to win 37 games, his projection threatened to turn Knickerblogger, the eminently sane and stats-friendly blog, into the basketball version of “unskewed polls.”The Knicks went 37 and 45.In the NBA, where about 30 percent of the league turns its head coach over every season, these expectations matter as much as reality. I mean that literally: Las Vegas’s preseason over-under lines predict coach turnover just as well as actual wins and losses do.I went back and collected preseason over-under lines dating back to the 2006-07 season. I compared them to each team’s actual record during the regular season. Then I ran a logistic regression analysis. The dependent variable is whether the team kept the same head coach from the start of that regular season to the next one. Here are the results:The regression output contains two variables: exp_w (the number of games a team was expected to win, per Las Vegas) and act_w (actual wins). For the 2011-12 NBA season, which was shortened by a player lockout, I’ve prorated both totals to 82 games.You may notice that the coefficient on each variable is almost identical, though they have opposite signs. What that means is that an expected win hurts a coach about as much as an actual win helps him.The graph below provides an illustration of this, and measures the probability of a coaching change under two scenarios: a team (like this year’s Sacramento Kings) that was expected to win 30 games, and a team (like the Knicks) that was expected to win 50. If the projected 30-win team wins 35 games, just slightly better than expectations, its probability of a coaching change is only about 17 percent. If the projected 50-win team wins 45 games, just slightly worse than expectations, the probability is 37 percent instead.Lest this seem too abstract, I’ve compiled a list of all teams since the 2006-07 season that underperformed their over-under line by 10 games or more. There are 33 of these. Here’s what happened to their coaches:Nine of them were fired during the season;Nine of them were fired after the season;One of them resigned during the season;Two of them resigned after the season;Two of them, Larry Drew of the Milwaukee Bucks and Brian Shaw of the Denver Nuggets, just completed their seasons and have yet to learn their fates;The other 10 kept their jobs, although five of them were fired during or after their following season. read more

Facebooks Area 404 Is a Melting Pot for Hardware Research

first_img Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals 2 min read August 4, 2016 Facebook is consolidating some of its hardware research, currently performed around the world, into a single 22,000-square-foot lab in Palo Alto, Calif.Named Area 404 in a nod to hardware engineers who were searching for a space to collaborate with their worldwide colleagues but couldn’t find one, it will handle the majority of Facebook’s modeling, prototyping and failure analysis.Area 404 is the latest indicator that Facebook is set on a path that will take it far from its roots as a social media platform. The new space offers tools familiar to those who have worked in other fabrication facilities, like milling machines, lathes, fabric cutters and microscopes.Some of those conventional tools will be dedicated to implementing Facebook’s rather unconventional plans to bring Internet access to currently unconnected communities worldwide. Some of the development and testing for the company’s OpenCellular access points will move to Area 404, as will research to support Aquila, Facebook’s giant Internet-beaming drone.Area 404 is focused mostly on building computing hardware, some of which is designed to support software that will ultimately show up in the company’s apps. That includes developing modular sleds and shelving for the servers that power Big Sur, Facebook’s artificial intelligence research.The facility will also host teams developing new virtual reality hardware and technology, including the Surround 360 camera rig and prototypes of future Oculus VR headsets.Beyond its lathes and milling machines, Area 404 will act as a kind of nerve center for Facebook’s aspirations. By consolidating research in one place, the company that started in a Harvard dorm room is flexing its design muscle, and showing it isn’t afraid to consolidate research in its core products with out-of-left-field initiatives. This story originally appeared on PCMag Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Register Now »last_img read more