Harnessing South African Expertise & Capabilities To Compete Globally

How can specialist expertise become a source of lasting competitive advantage, both at home and internationally?

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In Part 2 of Episode 1 of IN FOCUS: Built to Last, SRK Consulting South Africa Managing Director Andrew van Zyl explores how South Africa’s long history in mining and engineering has created a depth of technical expertise that continues to be sought after internationally.

 

The conversation looks at the specialist knowledge required to solve complex technical problems, the role South Africa’s universities, mining industry and graduate programmes have played in developing skills, and the opportunities emerging as global mineral supply chains and mining jurisdictions evolve.

 

For business owners thinking about the long-term value of their companies, there is another important dimension to this conversation. Specialist expertise can be a significant competitive advantage. But when the time comes to sell, a potential acquirer will also want to understand how deeply that expertise resides within the business. Is knowledge concentrated in a few individuals, or has it been transferred into teams, systems and capabilities that can continue under new ownership?

 

Building valuable expertise matters. Building a business capable of retaining and growing that expertise can help create something more enduring.

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IN FOCUS: Built to Last is a Creamer Media production in partnership with Deal Leaders International.