South Africa's 10 Fastest Growing Companies to Know

1. Transforming Educa?on Across Con?nents

3. South Africa's entrepreneurial spirit is a beacon of hope, driving economic growth and social progress across our nation. www.thecioworld.com

4. Editor’s ” e Not Afraid of Growing Slowly; Be Afraid Only of Standing Still.” For companies in South Africa B today, this wise adage rings truer than ever before. Our nation's economy is rapidly accelerating, with Grow or Be Note businesses of all sizes swept up in a powerful surge of expansion and opportunity. In this electrifying climate, the greatest risk is not growing too slowly—it's failing to grow at all. South Africa's corporate industry is experiencing a renaissance of entrepreneurship and innovation across industries. New market forces, technologies, and ambitious startups are relentlessly challenging incumbents with fresh business models and ideas. The race is on for established players to adapt, evolve, and capture the upside growth. Consumed But this escalating pace of change is a double-edged sword. While it opens new vistas for scaling and market breakthroughs, it also spells potential obsolescence for those stuck operating with a status quo mindset. In 2024, standing still is the straightest path to stagnation and decline. The companies that are future-proofing their success aren't just putting out fires or chasing short-term gains. They're boldly reinventing their core value propositions, processes, and organizational cultures for the modern age. They understand that perpetual growth, even if achieved gradually, is an existential necessity for longevity. This growth imperative manifests across all verticals and sectors. Telecommunications giants are racing to deploy 5G while nurturing content-backed and fintech offerings.

5. Highveld mining upstarts are bringing innovative safety technologies and sustainable practices to the industry. E- commerce players are setting up regional logistics hubs to optimize last-mile delivery nationwide. Across the board, sustained progress is king. However, growth must be purposeful and aligned with core strengths and market trends. Reckless expansion without foresight merely seeds future retrenchment. The path forward requires continuous assessment, a sharpened vision, and the operational rigor to execute against bold goals over time. Of course, conceiving these fresh innovations and realizing their growth potential requires substantial investment—capital, talent, and sheer creative energy. It's a generational challenge that will be won by inspired and tenacious organizations willing to play the long game. In 2024's South Africa, the existential choice is clear: grow purposefully yet constantly, or be consumed by the accelerating forces of change. The risks of moving too aggressively pale against the mortal danger of standing still. So embrace your entrepreneurial spirit, rethink your growth vectors, and charge forward with grit and vision. The next renaissance is underway. The CIO World brings forth an edition highlighting companies from across South Africa who are constantly innovating and propelling themselves to greater heights. In this edition, entitled "South Africa's 10 Fastest Growing Companies to Watch in 2024," we highlight a diverse array of ambitious enterprises surging ahead through a potent mix of visionary leadership, operational excellence, and market- attuned strategies. Have a good read ahead! - Alaya Brown Managing Editor

6. Editor-in-Chief Thanh Truong Sam Carter Deputy Editor Alaya Brown Managing Editor Maria Evans Assistant Editor Visualizer Chris Carter Millie Simon Art & Design Head Judy Smith Art & Design Assitant Phoebe Jacob Business Development Manager Aisha, Olivia Business Development Executives David Walker Technical Head Mia Rodricks Assitant Technical Head Helena Smith Digital Marketing Manager Eric Smith Research Analyst Richard Martinez Circulation Manager Follow us on www.facebook.com/thecioworld www.twitter.com/thecioworld We are also available on RNI No.: MAHENG/2018/75953 Copyright © 2024 The CIO World, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from The CIO World. Reprint rights remain solely with The CIO World.

7. Company Featuring Descrip?on Cape Town Helicopters operates Airbus helicopters cer?fied Lindie Strauss Cape Town Helicopters for low noise emissions, ensuring minimal impact on the www.helicopterscapetown.co.za Cape Peninsula Nature Reserve while providing excep?onal CEO aerial experiences. With exper?se in process engineering and financial analysis, Mark Corser CM Solu?ons delivers customizable services, ensuring CM Solu?ons excellence in every project with a focus on efficiency and CEO www.cm-solu?ons.co.za strategic insights. Born from a rich history of educa?onal innova?on, Eduvos emerged in 2021 as a beacon of high-quality blended learning Eduvos Siegie Brownlee in Africa, driven by Exeo Capital and Stellenbosch Business www.eduvos.com CEO Ins?tute, fostering a transforma?ve approach to educa?on. With tailored solu?ons in catering, cleaning, and facili?es Empact Steven Fox management, Empact is the preferred partner for excellence in www.empactgroup.co.za CEO Southern Africa. SGMG offers innova?ve solu?ons and expert support to GMG Mining Machines exceed produc?on targets. With a focus on quality, efficiency, Mike Wang and Supplies (GMG) and customer sa?sfac?on, GMG is the trusted partner for CEO www.gmgmining.co.za mining ventures worldwide. With a fleet of state-of-the-art helicopters and experienced Halo Avia?on Ryan Horsman pilots, Halo Avia?on provides personalized travel solu?ons for CEO www.haloavia?on.com business and private clients across the UK and Europe. With a mission to connect all South Africans to fast, affordable internet, Herotel has become a leading Fibre Network Van Zyl Botha Herotel Operator, bridging the digital divide and offering reliable Co-founder and CEO www.herotel.com services with a focus on customer sa?sfac?on. Celebra?ng 25 years of excellence, Mediamark connects adver?sers with engaged audiences through mul?-channel Mark Quinn Mediamark sales solu?ons, rooted in a proud South African heritage and a www.mediamark.co.za CEO commitment to empowering disadvantaged communi?es. MpiloTech is a pioneer in personalized so?ware development Mpilo Technologies and digital banking solu?ons, commi?ed to addressing Denzil Fillis www.mpilotech.co.za unemployment challenges by transforming individuals into CEO skilled Ci?zen Developers. For over three decades, Neuro-Link has led the way in performance op?miza?on consultancy, leveraging neuroscience Neuro-Link Dr. André Vermeulen to develop agile leaders and organiza?ons, se?ng new www.neurolink.company CEO standards with exclusive neuro-agility assessments and solu?ons.

8. ON Cover story Eduvos Transforming Education Across Continents 24. 5 Strategies to Manage a Fast- Growing Company 36. How South Africa's Fastest-Growing Companies Di?er from Others?

9. NTENTS Dr. André Vermeulen Van Zyl Botha Transforming Minds, Elevating Creating a Connected Nation Performance and Fostering Inclusive "Access to Information" Mpilo Technologies Developing Solutions Decoding Success

12. South Africa's 10 Fastest Growing Companies to Know A Journey of Innovation, Practical Skills, and Blended Join us on this journey of transformation, where education Learning Excellence! is not a static destination but a continuous exploration, led by the innovative spirit of Siegie Brownlee and the dynamic hat if education was a journey of discovery institution that is Eduvos. rather than a destination? Unlike a static W destination, a journey implies movement, A Leader's Journey progress, and evolution. Similarly, education is not confined to the four walls of a classroom or limited to a specific time Siegie, with over 25 years of experience in Private Higher frame. It's a continuous and functional process that extends Education Management, remains steadfast in her beyond formal education into the vast landscapes of life commitment to the field that brings her the greatest joy, experiences, curiosity, and self-discovery. Each lesson, fulfilment, and purpose. Renowned as a dynamic and whether learned in a classroom, at home or encountered in visionary leader, she inspires and motivates teams to the expedition of life, contributes to the growth and achieve organizational goals, drawing on her extensive evolution of an individual. background in private higher education, and her inquisitive mind of understanding the future. Eduvos emerges as a beacon of transformative learning, embodying the belief that education is a versatile As a strategic and agile thinker, Siegie possesses the exploration. The journey of this institution is rooted in a knowledge, insights, and experience needed to successfully rich history dating back to 1979, and now, under the transform organizations and departments. Her reputation for visionary leadership of Siegie Brownlee, the institution building high-performing teams stems from her adaptability stands at the forefront of redefining education in Africa. and resilience in overcoming challenges and motivating leaders and employees to thrive in the face of adversity. As the CEO of Eduvos, she is not just a leader; but a catalyst for change in the education landscape. The Aligned with the values of the organisations she represents, institution's journey, marked by mergers and transitions, Siegie authentically leads with integrity and strong ethical reflects a commitment to staying ahead of the curve. Her values. Her success lies in her adaptability to an ever- leadership is driven by simple yet profound questions: What changing business landscape and her ability to will the function and benefit of a university be in years to communicate and inspire seamlessly in both public come? How will people learn into the future? Which skills speaking and virtually online. will industry require going forward?" These questions encapsulate Eduvos's philosophy, where learning is not a Siegie's unwavering commitment to shaping the future of static endpoint but a dynamic expedition. higher education is evident in her mission to provide quality, affordable private higher education, placing The institution's inception in 1979, its technological students at the centre of the learning model. She envisions prowess through the Computer Technology Institute, and graduates entering society equipped with the knowledge the subsequent mergers leading to the Pearson Institute of and skills to contribute positively and make a measurable Higher Education laid the groundwork for what Eduvos is impact in their careers and organizations. She believes that today. In 2021, a pivotal moment arose with the consortium Eduvos graduates need to be shining examples of of Exeo Capital and Stellenbosch Business Institute taking competence, ethical values and innovation in the ownership. This marked the birth of Eduvos, signalling a communities and societies they live in and serve. renewed dedication to high-quality, blended learning across the African continent. Siegie's alignment with Eduvos reflects her commitment to establishing an institution that addresses prevalent socio- Under her guidance, Eduvos is redefining the narrative of economic injustices by providing affordable, quality higher education. The institution is not just adapting to change; it education to the African continent. Eduvos shares this is driving the change. With a focus on blended learning, vision, believing that “Africa is just too rich to be poor.” Eduvos equips students with the skills needed for a dynamic, interconnected world. Brownlee's leadership With a mission to shape potential, student by student, reflects a commitment to fostering a learning environment toward Africa's prosperity, Eduvos aims to empower the that goes beyond traditional paradigms, embracing the idea continent's youth, which makes up more than 40% of the that education is an ongoing discovery. world's youth. Through education, Eduvos envisions these

14. young people making a positive difference in Africa and contributing to its growth and development. Progressive Approach In describing Eduvos, Siegie emphasizes the institution's progressive, forward-thinking, agile, and fast-paced nature. The organisation, along with its dedicated staff, actively embodies a "growth mindset," wholeheartedly embracing contemporary technologies, innovations, and shifts in the professional and academic landscapes. This commitment aims to better equip students with the essential skills and knowledge needed to thrive in the present and future job market. Eduvos maintains a continuous commitment to staying current by regularly updating its curriculum, classrooms, and teaching methods to reflect changes in industry, student requirements and the professional sphere. The institution has adopted a "flipped classroom model" as an extension of the hybrid model that is aimed at increasing the value of learning in a classroom and encouraging increased collaboration. Taking a bold step into the future, Eduvos seeks to integrate Fourth Industrial Revolution technologies such as AI and VR into its educational framework. In pursuit of this goal, the institution has established a partnership with the U.S.- based company, EON Reality. Through this collaboration, Eduvos intends to seamlessly incorporate AI and VR into its teaching methods, providing students with a distinct competitive edge in the job market. This approach ensures that students not only understand these technologies but are also adept at applying them in their daily lives. Siegie believes that facilitators should be custodians of “edutainment.” Internationally Recognized Qualifications Eduvos offers an array of over 20 fully accredited, globally acknowledged qualifications within its four future-facing faculties:Applied Science, Commerce and Law, Humanities, and Information Technology. The qualifications range from degrees, honour's degrees, higher certificates, pre-degree foundation programmes, and online short courses. The institution, dedicated to driving relevance, consistently updates and reassesses its qualifications to align with the evolving demands of the professional landscape. In 2023, Eduvos responded to the surging demand for skilled AI

16. engineers, spurred by the widespread adoption of AI tools permeates the campuses, fostering a strong sense of like ChatGPT, by introducing an Azure AI Engineering community among “Vossies” (the affectionate term for qualification. students). The student body reflects diversity, with representation from over 40 countries. Recognizing the global and African market for gaming and esports, Eduvos has also launched two gaming A team of Student Affairs Advisors serve as dedicated qualifications.This strategic move aims to address the "personal bankers” to students, remaining readily available prevailing skills gap in the gaming industry within the to help, support, and guide students at any time and stage of African continent. their learning journey. The comprehensive Student Affairs agenda spans student wellness, academic support, student Approach to Flexible Learning funding, student activities, career guidance, international student support, student inclusivity, and employment aid - In ensuring a flexible learning approach for its students, amongst others. Eduvos adopts various modes of learning delivery , encompassing on-campus, online, and distance learning. Campuses serve as lively hubs for a variety of student The institution's flexible learning strategy accommodates activities and clubs, including Moot court teams, debate both full-time and part-time study options, providing a clubs, poetry slams, soccer teams and esports tournaments. comprehensive educational experience. Regardless of one's Eduvos recently launched esports leagues across all 12 entry point in the learning journey, Eduvos offers a diverse campuses, establishing itself as one of the largest higher range of qualifications tailored to meet individual needs. education leagues in the country. It provides valuable Many of these qualifications are also designed for working learning opportunities, particularly in STEM fields, professionals looking to upskill or re-skill, ensuring their requiring students to collaborate, analyse strategies, and continued relevance in the versatile job market. understand computer hardware and software. The esports initiative has emerged as a significant avenue for students across campuses to connect with each other. Holistic Learning Environment Commitment to Student Growth and Employability Eduvos provides students with an all-encompassing learning experience that encompasses academic, wellness, campus, student-life, and health dimensions. Its Edu-vibe In its commitment to supporting students on their academic and career journeys, Eduvos offers a range of resources and services designed to enhance their competitiveness in the job market. It acknowledges that its role extends beyond the classroom as the first stride in its students' professional trajectory. The qualifications provided by Eduvos are meticulously crafted to imbue students with relevance, ensuring they have a distinct advantage in the competitive job market. At the heart of this commitment is a dedicated campus Employability Centre, a hub of activity that organises events such as CV writing workshops, job interview skills, and industry breakfasts. This centre serves as a vital conduit, connecting students with employment and internship opportunities. Furthermore, the Employability Centre facilitates networking between students and industry professionals, fostering invaluable connections and knowledge exchange. For those aspiring to pursue advanced studies, the Centre offers guidance and support. Eduvos campuses often host Career Fairs, providing

17. students with direct access to industry professionals. These opportunities to interact with and learn from seasoned events offer a platform for students to explore job professionals in their respective fields, further enriching opportunities and internship programmes relevant to their their academic and career pursuits. chosen fields of study. The fairs are instrumental in equipping students with insights into potential career paths Sustaining Relevance in Education and the chance to engage with industry leaders. The institution's commitment to practical, real-world Eduvos employs a proactive strategy to remain attuned to experiences is evident in the expansion of its Industry industry trends and evolving educational demands, ensuring Partnership list. In 2023, Eduvos established numerous the continual relevance and future orientation of its Employability Affiliation Agreements, enhancing students' curriculum. employability through practical skills, industry knowledge, and networking opportunities. Participation in internships, Within each academic faculty, it sets up Industry Advisory joint graduate programmes, and collaboration with industry Boards spanning Captains of Industry across diverse professionals at events, provides students with hands-on industries. Regular engagements with industry leaders experience, making them more appealing to prospective guarantee that the institution's programmes align with employers. current industry needs. Accreditation from various professional bodies further contribute to maintaining Eduvos has solidified partnerships with key entities such as currency and relevance across their academic content. An Old Mutual, Pepkor IT, and the National Funeral Directors’ outward-looking ethos ensures that students benefit from Association. These collaborations offer students unique industry immersion through mandatory Work Integrated

18. Learning Programmes, exposure to guest lecturers, and hands-on engagement with real-world business challenges and case studies. The faculties include a dynamic blend of academics and industry professionals, equipped with first-hand knowledge of industry happenings. This unique composition enables them to adapt the curriculum dynamically, ensuring it remains responsive to industry dynamics. The Academic Team often revises the content of each qualification to ensure that students receive a relevant and current education that positions them as contributors upon entering the workforce. Making Waves Globally in Diverse Sectors Eduvos secured a prestigious PMR.Africa Diamond Arrow Award this year, recognizing it as the premier private higher education provider in South Africa. In an extensive survey conducted by PMR. Africa, featuring responses from key professionals such as line managers and HR managers in large companies, government departments, and state-owned enterprises, their graduates stood out across 12 criteria. These encompassed skills like workplace application, innovation, and academic knowledge, with Eduvos graduates receiving the highest scores. Furthermore, five Eduvos students were lauded in the Top 100 of the DHL Grad Star Awards. Achievements in graphic design highlighted Eduvos students' exceptional talent, earning them accolades at the prestigious annual Student Gold Pack Awards. In 2022, Eduvos became the first private higher education institution in South Africa nominated to provide its students access to Golden Key Membership. Currently, over 300 Eduvos graduates have received invitations to join the esteemed Global Golden Key Society which recognises academic excellence. Among these accomplished individuals is Bianca Lee Burgess, an alumna in graphic design who has ventured into the world of special effects, contributing to BAFTA and Emmy award-winning shows such as The Book of Boba Fett, The Mandalorian (Season 3), and Black Mirror. Louis Oosthuizen, who pursued a part-time job while earning his Software Engineering degree at Eduvos, has progressed to attain a Bachelor of Science Honours in Information Technology (Software Engineering). As a Full- Stack Developer proficient in multiple programming languages, Louis's unique study path enabled him to

19. transition directly to a developer role without undergoing a traditional graduate programme. Suhanna Pitamber embarked on her educational journey at Eduvos with a Higher Certificate in Information Systems (Software Development) and later graduated with an ACCA-accredited Bachelor of Commerce in Accounting qualification. This qualification has paved the way for her to complete her ACCA articles at one of South Africa's premier audit firms, solidifying her position in the accounting profession. Vision and Growth Strategy Eduvos's vision for the future and upcoming initiatives are poised to make a significant impact on the education landscape. In 2023, the institution celebrated a remarkable milestone by welcoming a record number of first-year students, surpassing the enrolment of many public universities in South Africa. Anticipating continued growth in the years ahead, Eduvos has undertaken strategic measures to accommodate the increasing student population. This includes the relocation of some campuses and the expansion of others. While these endeavours often present logistical challenges, the institution views them as positive indications of its role in addressing the educational needs of the burgeoning youth population in Africa. Eduvos aspires to solidify its position as Africa's leading private university in future years. This ambitious goal involves not only expanding digital offerings, increasing its presence in Africa, but also integrating meta-technologies more deeply into the teaching methodology. This technological focus assists Eduvos in delivering top-quality, practical higher education. Underlining the institution's commitment to transparency and showcasing its impact, Eduvos features a dedicated section in its Blog titled "Vossie Features." In this space, students openly share their learning journeys, shedding light on the tangible and positive influence Eduvos has on their academic and personal development. The institution is determined to build on this significant momentum, ensuring that its contributions to education continue to thrive and evolve in the years to come.

22. South Africa's 10 Fastest Growing Companies to Know Empowering Individuals, Leaders, and Organizations and practitioners to utilize their groundbreaking Neuro Through Neuroscience for Optimal Performance! Agility Profile™ assessments and learning solutions. This marks a pivotal moment in the landscape of performance ave you ever wondered what makes some optimization, creating a ripple effect that reaches every individuals learn faster, think more flexibly, and corner of the globe. H achieve extraordinary results? Below are the interview highlights: Within the broad domain of human intellect, where potential meets performance, the answer lies in the Please brief us about yourself and what inspired you to groundbreaking field of neuro-agility. Imagine a world embark on this sector. where our understanding of learning, potential identification, and cognitive flexibility transcends cultural, I am the founding member, owner, and CEO of Neuro-Link, racial, and gender boundaries. This is the vision that Dr. a consultancy specializing in the neuroscience of André Vermeulen, the visionary CEO of Neuro-Link, has performance optimization. As a workplace consultant, been tirelessly pursuing for over three decades. having been on the frontlines of experiencing workplace challenges and needs with our clients for more than 30 In a world where adaptability is key, Neuro-Link emerges years, I have always been searching for inclusive as an international performance optimization consultancy approaches to helping clients solve learning, performance, specializing in the neuroscience of performance potential identification, and human error challenges. I have improvement. Dr. Vermeulen, with a passion for neuro- learned that following a neuroscience approach to agility, leads a team dedicated to developing high- developing people is the best solution to being inclusive of performing individuals, leaders, teams, and organizations. culture, race, and gender in global people development The question then becomes: How does Neuro-Link achieve practices. Since then, I have been a passionate student of this? neuroscience. Through brain-based learning and development, my interest has evolved into developing a Neuro-Link's approach is rooted in understanding the brain- construct that I have defined as neuro-agility. mind connection and leveraging it to equip individuals with the skills essential for the ever-evolving workplace. I am a thought leader in the specialized field of neuro- Through unique neuro-agility assessments and brain-mind agility, a brain-mind construct and framework to improve learning solutions, they go beyond traditional methods, brain fitness and cognitive flexibility. It is a study and fostering emotionally intelligent, agile leaders. Their focus practice focusing on optimizing the brain-mind elements extends to selecting the right talent, unlocking their full that increase the ease, speed, and flexibility with which potential, and minimizing the risk of human error, resulting people think, learn, and process information. Neuro-agility in a marked improvement in overall performance. provides new insights into how uniquely people learn and why some learn faster, easier, and are more mentally What sets Neuro-Link apart is not only its commitment to flexible than others, deepening our understanding of issues excellence but also its exclusive ownership of neuro-agility such as potential, learning challenges, the risk for error, and assessments and learning solutions. As the sole proprietor not being brain fit. and primary licensor, Neuro-Link empowers global partners 20 April, 2024 www.thecioworld.com

23. As a business innovator, I believe that "one can’t improve what one can’t measure." Therefore, I have developed, trademarked, and patented various Neuro Agility Profile™ (NAP) assessments and learning solutions that are used by thousands in education, business, and sports across the globe to increase brain performance and cognitive flexibility. These unique assessments and learning solutions help people and businesses drive performance forward, create agile organizations, and obtain extraordinary business results. Although neuro- agility is a term created, trademarked, and patented by me in 2017, neuro-agility has been and still is a work in progress since 1992. Neuro-agility has ever since become my passion, purpose, and field of expertise. What do you believe are the key factors that have contributed to the rapid growth and success of your company in recent years? Following a neuroscience approach to people development practices, anchoring these practices into the hard sciences like physiology, neurophysiology, chemistry, and genetics because it: • Closes performance gaps on mind-brain elements that impact the ease, speed, and cognitive flexibility with which people learn, think, and process information that has not been sufficiently addressed before. • Offers an inclusive approach requisite to global learning and agility practices. • Offers new insights on how people learn, how talented they are, their potential risk for error, and why some learn faster, easier, and more flexible than others. • Offers innovative performance optimization solutions to address the performance gaps that have not sufficiently been addressed before. • Showcases a neuroscience framework for learning, talent development, and performance improvement. 21 April, 2024 www.thecioworld.com

24. • Integrates easily with other agility constructs, talent • We keep the hierarchical structures of our teams as flat selection, talent development, and performance as possible. improvement practices. • Our teams consist of small groups of cross-functional, • Offers a higher return on investment in talent high-performing, agile people who have the mental development and performance improvement initiatives flexibility to continuously sense, explore, and respond when grounded in the hard sciences. to new opportunities with ease, speed, flexibility, surprise, and competitive success. • Separates facts from fiction, thereby solidifying learning and performance improvement practices. • Except for strong vocational skills, we train all team members with emotional intelligence and neuro-agility • Significantly contributes to developing cognitive skills to be high-performing, agile contributors to their flexibility and agile mindsets, essential to developing teams. an agile workforce. • Continuous learning is essential to staying ahead of the • Having a clear and accurate understanding of what the curve. future of work looks like and how to develop talent and skills needed in a technologically advanced world. In what ways has your company adapted to market trends and changes to sustain its growth trajectory? • Offering neuro-agility assessments and performance optimization learning solutions through technology, • We stay current on talent development trends for the enabling people to learn at any time and place of their future by learning from and contributing to various convenience. global talent development platforms and initiatives, like the Association for Talent Development (ATD), How does your company foster innovation within its which is one of the leading global organizations for teams to stay ahead of the competition and drive talent development in the world. continuous growth? 22 April, 2024 www.thecioworld.com

25. • Being a part-time lecturer and member of the us expand our unique products and services to all corners of Neuroscience Research Group of the University of the world, enabling us to access and render unique products Pretoria helps to stay current with neuroscience and services to new markets that we previously did not have research by continuously learning from neuroscientists access to, which has impacted our growth significantly. and translating neuroscience research into practical Neuro-Link’s state-of-the-art technology is also an tools to develop people, improve performance, and accelerator of what we do, enabling us to deliver neuro- drive business results. agility assessments and learning solutions quickly and easily across the globe. • As workplace consultants, we are on the frontlines of experiencing workplace challenges and needs with Please provide us with a few client testimonials as well clients, so we stay in touch with real-time challenges as any awards or recognition that accurately reflect your and needs. achievements in this industry. Can you highlight any specific strategies or initiatives Dr. Vermeulen has been an executive coach to kings and that have been particularly instrumental in the fast- queens of Africa, captains of industry, mental coaches to paced development of your company? beauty pageants like Miss Modern Women and Miss South Africa, and Olympic sports icons. He has also been invited • Accelerating what we do through state-of-the-art to keynote hundreds of international conferences on technology has significantly impacted the ease and neuroscience-related topics and contributed to numerous speed with which we can offer and deliver Neuro- prestigious platforms like TEDx, WBECS, and ATD. Link’s products and services. Furthermore, he has also been recognized by Golden Key • Ensuring our staff stays current means continuously International as an Honorary Member: “André has routinely learning the technological and human skills needed to displayed the passion, vision, and dedication necessary to thrive in a technologically advanced world. be considered among the best in the field of the neuroscience of learning and performance optimization.” • Developing specific systems and processes to execute outcomes with more efficiency. Penny Heyns, a double Olympic gold medalist and bronze medalist, says, “ The Neuro Agility Profile is a great tool for How does your company prioritize and invest in talent athletes, parents, and coaches to understand their potential acquisition and development to support its growth and what opportunities they can create to develop a fast, objectives? focused, and flexible brain.” • It is essential to attract, retain, and develop the most skilled and capable employees. • All staff members have to continuously reskill to adapt to different posts within the company and upskill by learning new skills to optimize their performance. • Neuro-Link also assists employees with finding purpose in the work they do and aligning who they are with the job functions they perform. What role has technology played in the growth of your company, and how do you stay abreast of the latest technological advancements in your industry? Staying abreast of the latest technological advancements is mandatory for any company that wants to be competitive in a technologically advanced world. Technology has helped 23 April, 2024 www.thecioworld.com

26. Strategies to Manage a Fast-Growing Company anaging a fast-growing company can be an exciting M yet challenging endeavor. With rapid growth comes a plethora of opportunities, but also a unique set of challenges that can be difficult to navigate. In order to ensure that your company continues to grow and thrive, it's essential to have a strategic approach in place. In this article, we will explore 10 strategies for managing a fast-growing company. These strategies are based on the experiences of successful companies that have navigated the challenges of rapid growth and emerged stronger than ever. By understanding and implementing these strategies, you can position your company for long-term success and ensure that it continues to grow and thrive. Whether you're a startup founder, a business leader, or an investor, these strategies are essential reading for anyone looking to manage a fast- growing company. From prioritizing profitable, fast-growing markets to nurturing growth in adjacent business areas, these strategies will help you navigate the challenges of rapid growth and set your company up for success. 24 April, 2024 www.thecioworld.com

27. Put Competitive Advantage First that focus on growth in their core Go Global If You Can Beat Local industry tend to grow faster and A high return on invested capital generate higher returns than those that Expand internationally if you have a (ROIC) indicates a business model focus on other areas. For example, a transferable advantage. Companies that powered by a competitive advantage. company that focused on growth in its expand internationally if they have a Companies that generate stronger core industry of software development transferable advantage tend to grow returns attract and deploy more capital, in the early 2000s was able to grow faster and generate higher returns than creating a virtuous cycle that enables rapidly and generate significant returns those that focus solely on their them to grow faster and generate still for its shareholders. domestic market. For example, a higher returns. For example, a company that expanded internationally department store chain had a business Look Beyond the Core in the late 2000s, leveraging its model that, in 2007, enabled it to transferable advantage in e-commerce, expand its store network from Nurture growth in adjacent business was able to grow rapidly and generate approximately 900 locations to over areas. Companies that nurture growth significant returns for its shareholders. 1,500 by 2017, resulting in revenue in adjacent business areas tend to grow growth of 9% per year and an faster and generate higher returns than Acquire Programmatically impressive 29% in annual shareholder those that focus solely on their core returns. business. For example, a company that Combine healthy organic growth with nurtured growth in the adjacent serial acquisitions. Companies that Make the Trend Your Friend business area of cloud computing in combine healthy organic growth with the late 2000s was able to grow rapidly serial acquisitions tend to grow faster Pursue large, fast-growing markets and generate significant returns for its and generate higher returns than those where your competitive advantage can shareholders. that focus solely on organic growth or be leveraged. Companies that pursue acquisitions. For example, a company large, fast-growing markets tend to Grow Where You Know that combined healthy organic growth grow faster and generate higher returns with serial acquisitions in the early than those that focus on smaller, Focus on growing where you have an 2010s was able to grow rapidly and slower-growing markets. For example, ownership advantage. Companies that generate significant returns for its a company that pursued the trend of e- focus on growing where they have an shareholders. commerce in the early 2000s was able ownership advantage tend to grow to grow rapidly and generate faster and generate higher returns than It's OK to Shrink to Grow significant returns for its shareholders. those that focus on other areas. For example, a company that focused on Ruthlessly prune your portfolio if you Prioritize Profitable, Fast-Growing growing in regions where it had a need to. Companies that ruthlessly Markets strong brand presence and a loyal prune their portfolio tend to grow customer base was able to grow rapidly faster and generate higher returns than Don't be a laggard. It's not enough to and generate significant returns for its those that focus on maintaining a large go with the flow; you need to outgrow shareholders. portfolio. For example, a company that your peers. Companies that prioritize ruthlessly pruned its portfolio in the profitable, fast-growing markets tend Be a Local Hero early 2010s was able to focus on its to grow faster and generate higher core business and generate significant returns than those that focus on Commit to winning on the home front. returns for its shareholders. smaller, slower-growing markets. For Companies that commit to winning on example, a company that prioritized the home front tend to grow faster and In conclusion, managing a fast- the trend of mobile technology in the generate higher returns than those that growing company requires a strategic early 2010s was able to grow rapidly focus on other areas. For example, a approach that focuses on leveraging and generate significant returns for its company that committed to winning in competitive advantages, pursuing shareholders. its home market of the United States in large, fast-growing markets, and the early 2000s was able to grow nurturing growth in adjacent business Turbocharge Your Core rapidly and generate significant returns areas. By following these 10 strategies, for its shareholders. you can ensure that your company Focus on growth in your core industry; continues to grow and thrive. you can't win without it. Companies - Alaya Brown 25 April, 2024 www.thecioworld.com

28. South Africa's 10 Fastest Growing Companies to Know believe that access to information is a basic human But for Van Zyl, success isn't just measured in numbers. He right. Further, I believe that a functioning democracy is understands the profound societal impact of connectivity. I dependent on access to information. Therefore, to have Enter Digital Village, Herotel's corporate social investment. a successful country with empowered people, you need to With a mission to connect one free customer for every connect people, and you need to connect them to informa- paying customer, Digital Village is his way of addressing tion; fibre is simply the best and most cost-effective way to the digital divide. Digital Village, operating as an NGO, has achieve that, in a dense population, and on a large scale. - already provided free WiFi hotspots and access to over Van Zyl Botha. 100,000 people in impoverished South African townships. Van Zyl's vision extends beyond corporate success; it Van Zyl Botha, the Co-founder and CEO of Herotel, isn't reaches into the hearts of communities, aiming to empower just talking about internet connectivity; he's talking about and uplift through connectivity. bridging the digital divide that separates communities and playing a small part in fostering a thriving democracy. In In an era where success stories are often connected to the heart of his belief lies a powerful question: Can true boardrooms, Van Zyl Botha and the entire team of Heroes empowerment and success be achieved without being stand as a beacon, reminding us that the true measure of connected? success is in the positive impact we make on the lives of those we connect with. After co-founding Herotel in 2013, Van Zyl embarked on a mission to transform the fixed wireless industry through a Below are the interview highlights: consolidation strategy. By 2018, he had taken the reins as CEO and brought about a remarkable turnaround. Today, Could you give our readers an insight into your Herotel stands tall as one of the leading fibre and wireless company and its inception story? network players in South Africa, employing over 1,600 people across more than 70 offices. Herotel began its exceptional journey in 2013 with a simple mission: to connect all South Africans to faster, more Van Zyl and his teams’ strategic prowess is evident in the affordable Internet, regardless of their location. Our focus completion of 33 acquisitions in just four years, turning has been on secondary towns, cities, and historically underserved areas. Over the years, we have overcome Herotel into a powerhouse. The company, under his challenges, worked in 178 different municipalities in South leadership, provides services in more than 500 towns and Africa, and grown exponentially. Today, we stand proudly suburbs to over 200,000 fixed-network broadband customers. Managing approximately 2,505 wireless towers as the third largest Fibre Network Operator (FNO) and and overseeing 242 fibre projects, Herotel's impact on largest fixed-wireless network operator in South Africa, South Africa's connectivity landscape is undeniable. covering over 500 towns and suburbs. 26 April, 2024 www.thecioworld.com

29. 27 April, 2024 www.thecioworld.com

30. The unique differentiation lies in our approach to building, maintaining, and selling our network, which sets us apart from other Fibre Network Operators (FNOs) and Internet Service Providers (ISPs). Wherever possible, we deploy aerial fiber networks, which are quicker to deploy and allow us to offer more cost-effective products to the customer. By selling directly to the customer, we cut out the additional complexity and cost of using an ISP-reseller model, giving more value to the customer. Additionally, the wealth of local experience brought by the 33 partners under the Herotel banner, with a strategic focus on towns rather than metros, has played a crucial role in propelling our success. Strategically positioned local organizations for personalized community engagement also contribute to our success. How does your company foster innovation within its teams to stay ahead of the competition and drive continuous growth? Our success is underpinned by robust management pillars and a strong commitment to our values and culture. First and foremost, a process-driven approach, setting clear We have united 33 partners under the Herotel banner, goals, and following the right processes are imperative; the creating a national presence and achieving economies of right process will give you the right result. Being a large scale that allow us to optimize operations and provide cost- organization with complex systems, clear goals create effective, high-quality Internet solutions. Without these focus, and our processes guide us to achieve these goals. partners, we would not have been able to achieve this. Learning from process outcomes, successes, and failures Every WISP (Wireless Internet Service Provider) is part of facilitates constant improvement. We are not afraid to fail; our success. Our expansion into fibre in 2019 was pivotal. we learn from our failures. Ensuring quality from the start Herotel Fibre was born and co-founded by Francois is critical, so embed it into the process rather than treating it Wessels, Eldred Ekermans, and Helmut Nel. Herotel Fibre separately. enabled us to offer even more reliable and high-speed services alongside our wireless network. Wireless simply Respect for people is another fundamental pillar, promoting cannot deliver what fibre can. active employee engagement in improving their daily work. Recognizing that individuals at all levels possess in-depth Our unwavering commitment to our vision, “Everyone knowledge of their tasks, engaging them ensures a compre- Connected,” is at the heart of everything we do. hensive understanding of challenges and opportunities for excellence. We focus on bridging the digital divide, ensuring fast, affordable Internet reaches every South African home and Continuous improvement is woven into our culture, business. Our dedication to customer experience, availabil- challenging everything and fostering an atmosphere of ity, and low cost set us apart as the preferred provider for perpetual learning. In a dynamic business landscape, being all. adaptable is key to seizing opportunities and avoiding pitfalls. Encouraging our talented individuals to actively What do you believe are the key factors that have seek and implement improvements is crucial for sustained contributed to the rapid growth and success of your success. company in recent years? A pivotal factor in our rapid growth is our distinction as the local, best-value fiber provider in 2021. 28 April, 2024 www.thecioworld.com

31. In what ways has your company adapted to market Opting to proceed with infrastructure builds only in areas trends and changes to sustain its growth trajectory? devoid of overbuilding or the presence of other Fibre Network Operators (FNOs) has allowed us to effectively Our adaptability to market trends is evident in our strategic expand our reach and capture markets that might have been initiatives. We think of ourselves as being technology overlooked by others. We ventured into towns where no one agnostic; we use the best technology solution for the else would go. customer. How does your company prioritize and invest in talent Introducing prepaid options in select markets demonstrated acquisition and development to support its growth our responsiveness to the need for flexibility. Furthermore, objectives? our shift towards humanizing the brand in the past year, moving away from hard selling, reflects our commitment to Our commitment to talent acquisition and development is understanding and meeting customer needs. Continuous demonstrated through our internal Herotel Academy. We monitoring of market trends and being adaptable in our identify, train, and empower candidates in the communities processes allows us to stay agile, sustaining our growth that we serve, providing them with certification and trajectory. We understand that customers don’t want fibre, subsequently transforming them into brand ambassadors. they want to be connected. This initiative not only enhances our workforce's skills but also creates opportunities for personal growth. Can you highlight any specific strategies or initiatives that have been particularly instrumental in the fast- Remarkable success stories include candidates advancing paced development of your company? from brand ambassadors to junior area managers and, in some instances, evolving into small office managers, A strategic decision that significantly fueled our fast-paced exemplifying our dedication to internal talent development. development was the focus on larger towns rather than We have 34 courses on the online Herotel Academy, metros.

32. communities. Overcoming these challenges emphasized the significance of community engagement in successful market entry. Once accepted, communities opened their doors, highlight- ing the importance of building trust and relationships by being local and not sitting in some far-away head office. How do you maintain a customer-centric approach in a rapidly growing environment, ensuring that customer satisfaction remains a top priority? We present the customer at every level of the organization our employees have signed in 54,688 times, and we have and at every function. We are developing customer-centric issued 9,054 certificates. Training and upliftment are a metrics and targets for the entire company that will be cornerstone of our business and part of our culture. monitored daily. What role has technology played in the growth of your Please provide us with a few client testimonials as well company, and how do you stay abreast of the latest as any awards or recognition that accurately reflect your technological advancements in your industry? achievements in this industry. As a network operator and an Internet Service Provider Our achievements include being acknowledged by (ISP), technology is at the heart of our operations. Analytico as the best-value fiber ISP in South Africa in 2022, a testament to our commitment to providing excep- The dependence on technology to keep our business tional service. running presents both challenges and opportunities. While we don't attempt to stay abreast of every technological Another significant achievement is attaining recognition as development due to the vast landscape, we prioritize the third-largest fiber network operator in South Africa awareness of key advancements, including AI technologies within just four years of our first build. This remarkable and marketing technologies, to ensure our business remains transition signifies our pivot from a wireless ISP to a major efficient and competitive in the already competitive player in the fibre landscape. environment that we find ourselves in. We do most of this in-house, using best-of-breed where we need to. In addition to industry awards, our success is echoed in the positive feedback received from both customers and event We build Content Distribution networks or CDNs, it's like organizers. Engagements such as the Tembisa Mile and the our own edge data centers, and we do this in all our major Idiskie Nine-Nine Soccer Tournament have not only hubs. This means that a large part of our content is always allowed us to showcase our services but have garnered local. The advantage is that we save money and can pass testimonials highlighting our dedication and impact on our this on to our customers and that our user experience is communities. One customer who was cut off from their faster with less lag and less buffering. None of our competi- copper line because of a discontinued network thanked us tors do this. after deploying fibre by saying, “We can now speak to our families again; you have given us back our humanity.” This Share successful experiences or challenges faced in is what keeps us going. entering new markets or demographics. This is our commitment to connecting the unconnected. Our expansion into new markets involved introducing a product named Hero Prepaid, accompanied by intensive training of local brand ambassadors. The challenges encountered included initial resistance from some markets, necessitating our integration into 30 April, 2024 www.thecioworld.com

33. Success is not how high you have climbed, but how you make a positive difference to the world. - Roy T. Bennett www.thecioworld.com

34. South Africa's 10 Fastest Growing Companies to Know A Journey of Innovation and Social Impact! Below are the interview highlights: etting out on a business journey is like exploring Please brief us about yourself and what inspired you to unfamiliar territory. What does it take to transform a embark on this sector. S dream into a successful reality? How does one transform a dream into a thriving enterprise? The narrative Without any exposure to computers or the IT industry, I of Mpilo Technologies, led by Denzil Fillis, not only went to university wanting to study mathematics and got answers these problems, but also provides persuasive proof introduced to the work of IT, particularly programming. of successful integration. While the learning curve was steep, I managed to complete my Bachelor of Sciences in Maths and Computer Science. Established in 2015 and headquartered in Johannesburg, Gauteng, MpiloTech has become synonymous with I started off working for a company much like MpiloTech, excellence in personalized software development, digital an emerging black software company. I grew my skills and banking front office solutions, UX/UI research and design, experience over the years working at large insurance and resource augmentation, and a diverse range of services. A banking companies. I was fortunate to work with a large brainchild to the founder, Denzil, MpiloTech is a specialist Indian system integrator who introduced me to the concept software development company has not only evolved with of Software Development Best Practices (CMMI). I saw a the ever-changing technological landscape but has also gap in the SA market where CMMI was virtually unheard undertaken a crucial mission: addressing South Africa's of, and I embraced this and started learning as much as I escalating unemployment challenges. could about the discipline. As the Chief Executive Officer of Mpilo Technologies I have studied software development best practices, (Pty) Ltd., Denzil brings a wealth of experience in project particularly CMMI, the foundation of Mpilo Technologies. planning and technical workings. His journey with the This investment has seen us succeed and is driving us company, from its early days to its current stature, signifies further almost daily. a deep-rooted dedication that has been pivotal in navigating the path to success. Could you give our readers an insight into your company and its inception story? However, what sets MpiloTech apart is not just its technological prowess but also its commitment to job 18 years ago, I had been trying to get a business off the creation in the Digital Transformation space. The ground on a part-time basis with little success. At the same groundbreaking initiative, “Unearthing Greatness in time, my first child had been born, and as such, starting a Unexpected Places,” transforms individuals with zero business was risky. However, I was introduced to a book exposure to Digital Transformation into skilled Citizen called The Alchemist by Paulo Coelho, which talks about Developers, creating a pipeline of success stories that the universe conspiring to help one achieve one’s destiny. redefine opportunity and potential. After finishing the book, I literally quit my job and started my entrepreneurial journey. As the book alluded to, 32 April, 2024 www.thecioworld.com

35. 33 April, 2024 www.thecioworld.com

36. I managed to secure my first contract while I was working How does your company foster innovation within its my notice period, and pretty much 18 years later, I am at the teams to stay ahead of the competition and drive point where we have a successful software development continuous growth? company with over 100 staff members delivering enterprise software solutions to, amongst others, the banking sector. We believe in innovation on two fronts, namely Business Process Innovation and Technology Innovation. Our What do you believe are the key factors that have commitment to Software Development Best Practices in the contributed to the rapid growth and success of your form of Capability Maturity Model Integration (CMMI) company in recent years? sees MpiloTech as the undisputed leader on this front on the African continent. Currently, we have the most CMMI- The key success factor is perseverance in the face of certified associates and recently appointed a new CIO, Alok significant adversity. Since inception, I have believed in two Goswami, who is Africa’s only certified CMMI Lead things, namely, software development best practices and an Appraiser and is globally recognized in this regard. unknown technology called Kony, which I brought to South Africa more than 10 years ago. Further, our partnerships with leading product providers Temenos and HCL Software allow us access to bleeding- In terms of Kony, the first 8 years brought zero ROI as the edge technology that our competitors do not have access to. technology was bleeding edge. Unfortunately, South Africa I believe that we are at least 5 years ahead of any South is a laggard in terms of software adoption, and as such, I African competitor in the Digital Banking and Multi have made little progress in terms of getting the software eXperience App Development Space. Our continued sold. However, in 2019, my fortunes changed when Kony partnership and investment in these technologies will see us was purchased by Temenos, the largest banking software lead the way in South Africa and the world, for that matter. company in the world. Our partnership transferred from Kony to Temenos, and that is where our digital banking In what ways has your company adapted to market journey began. To date, MpiloTech is affectionately known trends and changes to sustain its growth trajectory? as a trusted Temenos Infinity Digital Banking Sales and Delivery partner. We have several digital banking The COVID-19 pandemic is an excellent example of how implementation projects under our belt and are working on MpiloTech was not only able to withstand the effects of the quite a few new opportunities. pandemic but also managed to reach greater heights. 34 April, 2024 www.thecioworld.com

37. During the pandemic, we embraced Remote & Hybrid work Technology is at the forefront of the growth of MpiloTech. and managed to retain our excellence levels with high Being a tech company, we are always on the lookout for the customer satisfaction. newest and most innovative tech solutions on the market. 2024 will see us make announcements of new key strategic Can you highlight any specific strategies or initiatives partnerships and innovations for the South African market. that have been particularly instrumental in the fast- paced development of your company? In terms of market expansion, can you share any successful experiences or challenges your company has Our willingness to adopt leading-edge, complex faced while entering new markets or demographics? technologies has differentiated us from our competitors. Furthermore, our adoption of Software Development Best Our ambition is firmly to become a pan-African company Practices in the form of CMMI has given us the ability to and ultimately a global solutions provider. We believe we compete with large multinational companies. An example are on our way to becoming this with the work we are doing of this is when we were able to win a large Digital Banking in Mauritius and future projects that will see us deliver Project with the largest corporate bank in Africa, edging out solutions in at least 9 other African countries outside of the competition for some of them, some of whom have over South Africa. 10,000 employees. What role has technology played in the growth of your company, and how do you stay abreast of the latest technological advancements in your industry? 35 April, 2024 www.thecioworld.com

38. ? outh Africa's fastest-growing companies are distinguished S from others in the country by their remarkable growth rates, innovative tactics, and endurance in the face of adversity. These businesses have outperformed expectations, establishing themselves as industry leaders and making substantial contributions to South Africa's economic development. Focus on Innovation and Technology One key aspect that distinguishes South Africa's fastest-growing companies is their emphasis on innovation and technology. These companies are often at the forefront of technological advancements, leveraging digital solutions to drive growth and efficiency. For instance, companies like Deimos Cloud and Bluesky Digital Solutions are pioneers in providing cloud services, custom software development, and IT solutions, showcasing a commitment to cutting-edge technology. Agility and Adaptability Fast-growing companies in South Africa demonstrate remarkable agility 36 April, 2024 www.thecioworld.com

39. By placing the customer at the center of their operations, they build loyalty, trust, and long-term relationships that drive sustainable growth. Industry Disruption and Market Leadership Fast-growing companies often disrupt traditional industries and redefine market norms through innovative business models and disruptive technologies. They challenge the status quo, introduce new paradigms, and lead the way in shaping industry trends. Companies like Luxity, a pre- owned luxury reseller, have revolutionized the retail sector by offering affordable luxury items and sustainable shopping options. Commitment to Sustainability and Social Impact Many of South Africa's fastest-growing companies demonstrate a strong commitment to sustainability, environmental responsibility, and social impact. These companies integrate sustainable practices into their operations, promote ethical business conduct, and contribute to the and adaptability in responding to communities they serve. By aligning market dynamics and changing growth with social responsibility, they consumer needs. These companies are create a positive impact beyond quick to pivot their strategies, embrace financial success. new trends, and capitalize on emerging opportunities. Their ability to navigate Strategic Partnerships and challenges, such as the COVID-19 Collaborations pandemic, while maintaining growth momentum highlights their resilience Collaborations and strategic and flexibility. partnerships play a vital role in the growth trajectory of fast-growing Strong Focus on Customer companies. These companies forge Experience alliances with industry leaders, technology providers, investors, and Another distinguishing factor is the other stakeholders to drive innovation, strong focus on customer experience expand market reach, and enhance exhibited by South Africa's fastest- competitiveness. By leveraging growing companies. These companies synergies and shared expertise, they prioritize delivering exceptional accelerate growth and unlock new service, personalized solutions, and opportunities. seamless interactions with customers. 37 April, 2024 www.thecioworld.com

40. Talent Development and Employee companies leverage analytics, metrics, and values. Rather than focusing solely Engagement and insights to inform strategic on short-term gains, these companies choices, optimize operations, and prioritize sustainable growth, ethical South Africa's fastest-growing identify growth opportunities. By business practices, and creating lasting companies prioritize talent harnessing the power of data, they gain value for stakeholders. Their ability to development, employee engagement, valuable insights into market trends, weather storms, adapt to changing and a culture of continuous learning. customer preferences, and competitive environments, and stay true to their They invest in their workforce, nurture dynamics, enabling them to stay ahead vision underlines their status as talent, and create a conducive of the curve and make informed industry leaders and drivers of environment for innovation and decisions that drive growth. economic prosperity in South Africa. creativity. By empowering employees, fostering a culture of inclusivity, and Global Expansion and Market In conclusion, South Africa's fastest- recognizing achievements, these Penetration growing companies stand out for their companies attract top talent and foster innovation, agility, customer-centric a high-performance culture. Many of South Africa's fastest-growing approach, industry disruption, companies have expanded their reach sustainability focus, strategic Financial Performance and Market beyond domestic borders, tapping into partnerships, talent development, and Positioning international markets and establishing financial prowess. These companies a global presence. Whether through represent the vanguard of business One of the most evident differences export initiatives, strategic excellence, driving economic growth, lies in the financial performance and partnerships, or direct investments, fostering innovation, and shaping the market positioning of fast-growing these companies leverage opportunities future of the country's corporate companies compared to others. These for expansion and market penetration landscape. companies exhibit robust revenue on the global stage. Their ability to growth, strong profitability, and a navigate diverse markets, adapt to local - Alaya Brown competitive edge that propels them to nuances, and capitalize on global the top of industry rankings. Their trends contributes to their sustained ability to outperform peers, generate growth and success. substantial returns, and maintain a solid market position underscores their Continuous Innovation and R&D exceptional performance. Investment Ecosystem Engagement and Support: Fast-growing companies demonstrate a South Africa's fastest-growing commitment to continuous innovation companies actively engage with the and investment in research and broader business ecosystem, including development (R&D). They allocate government agencies, industry resources towards developing new associations, and academic institutions. products, services, and technologies They participate in initiatives aimed at that address evolving market demands fostering entrepreneurship, driving and customer needs. By fostering a innovation, and supporting economic culture of innovation, experimentation, development. By collaborating with and risk-taking, these companies stay stakeholders and contributing to ahead of competitors and drive ecosystem-building efforts, these sustained growth over the long term. companies play a pivotal role in shaping the future of South Africa's Resilience and Long-Term Vision business landscape. Lastly, South Africa's fastest-growing Data-Driven Decision Making companies exhibit resilience and a long-term vision that sets them apart A hallmark of fast-growing companies from others. They navigate challenges, is their reliance on data-driven setbacks, and uncertainties with a decision-making processes. These steadfast commitment to their goals 38 April, 2024 www.thecioworld.com

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43. You can’t make decisions based on fear and the possibility of what might happen - Michelle Obama www.thecioworld.com

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