WealthWise magazine
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Vol II/No. 11
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South Africa/Africa region February/March 2012
PERSONAL GROWTH Living and learning together Maximize your potential How to really network Mentorship vs Coaching
Plus: 2012 market forecast New: Profile of an Entrepreneur
Your bi-monthly guide to wealth Click to read more!
Contents
February/March 201 2
27 What to focus on CareerWise when investing offshore 47 Mentorship versus 1 0 Living and Learning 30 A decade of coaching Together - Interview difficulty: fear or hope with author Barbara for SA? 50 The manager as Nussbaum mediator
Coverstory
LifeWise
BusinessWise
1 8 How to maximize 34 The real purpose of networking your potential 20 Make your dash 36 Heading for the stratosphere - Profile of count an Entrepreneur 22 Advertorial 39 The GAP Marketing Turnover Boost Model Part II MoneyWise 24 Markets forecast 43 King III and the role of IT in governance 201 2
Agenda
54 Mabalingwe Nature Reserve 62 Books 66 Events
Regulars: 3 Contents 4 ForeWord 5 Get in touch 7 Contributors 61 Competition 68 Last Word 69 In next edition
WealthWise magazine 3
ForeWord
201 2, your year of personal growth
N
o, 2012 is not the end of the world as manypeoplearestill assuming, thanks to the ancient Mayan culture’s calendar ending on 21 December 2012, supposedly bringing the end of the world. Part true and false, here is the deal if you are into esoteric things (or just curious): it will be an end, but not to the existence of our Planet; it will be the end of the world as we know it and the beginning of a new cycle. There hasn’t been a better year to start a new spiritual evolution and work towards your own transformation, including your financial well being. We have dedicated this February/March issue to the uplifting of your body, mind and soul; the 4 WealthWise magazine
reinventing of yourself in your personal and work/career or business life. Learn about connecting to your authentic self, developing empathy and awakening the African inside you from our amazing interview with Barbara Nussbaum, author of "Personal Growth African Style". Read more about maximizing your potential and giving your life the purpose it needs.
Embracechangeinyourcareer and business by improving the way you communicate and your networking skills ; learn how to mediate and avoid conflicts in the workplace; find out the difference between mentorship and coaching and much more. For the business minds, we
have this issue covered with advice on marketing, networking and our newest section, Profile, showcasing entrepreneurship stories from Africa. Investors will be delighted to read about 2012 market trends and investing offshore. We hope that our publication will inspire you to make every day, longlasting changes to a wealthier future. Wishing you all the best, Denisa Oosthuizen Managing Editor for WealthWise magazine
Get In Touch
Contact us Email: denisa@wealthwisemag.co.za editor@wealthwisemag.co.za Mobile: +27(0)82 819 2820 +27(0)81 326 1579 Skype: denisa.oosthuizen Facebook: WealthWise magazine Twitter: @WealthWisemag LinkedIn: www.linkedin.com/company/wealthwise足magazine
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All content and information within WealthWise publication is property of the Publisher and should not be reproduced, copied or entirely quoted without the prior approval of the Publisher, being protected under copyright laws. Should you wish to make use of any of the content displayed please contact us at denisa@wealthwisemag.co.z a or editor@wealthwisemag.co.za . For editorial contributions, comments and suggestions, email our editor at
editor@wealthwisemag.co.za . For technical issues and other website related comments, email us at admin@wealthwisemag.co.za
December/January 2012 Cover
dreamstime.com
photo:
Contributors: Alec Riddle, Kantha Singh, Paul Stewart, Marius Fenwick, Adrian Saville, Andrew Morton, Hendrien van Zyl, Johan Mouton, Denisa Oosthuizen Photos: dreamstime.com and contributor's photos where stated
WealthWise magazine 5
Contributors
Alec Riddle
is a financial planner with Consolidated Financial Planning in Port Elizabeth. Named South Africa’s Financial Planner of the Year in 2009 by the Financial Planning Institute, he has spoken on a variety of financial planning topics in all of the major cities of South Africa. He has given numerous motivational talks about his journey from a jobless, overweight “couch potato” to a successful financial planner and Ironman champion in the 50-plus age
group.
Read Alec's article about maximizing your potential in LifeWise section, page 1 8.
Kantha
Singh
is
a Master Facilitator and Assessor for Workwise Corporate Training Solutions. Kantha has implemented Workwise projects for many large bluechip SA companies (SAA Technical, Konica Minolta, SARS, Anglo American amongst many others) in team leadership and management development and customer service. Kantha is also a specialist facilitator of the Art of Project Management. Read Kantha's article about making your life worthwhile in LifeWise section, page 20.
Paul
Stewart
is managing director of Plexus Asset Management. Founded in 1995, the Plexus group of companies is an independent financial services provider that specialises in providing financial planning and investment management solutions and services. Plexus has a strong culture of being research driven, having developed the PlexCrown Fund Ratings (used as the basis for the annual Raging Bull Awards for the unit trust industry) and the Plexus Unit Trust Indices. Read Paul's 2012 forecasts on the markets in MoneyWise section, page 24. WealthWise magazine 7
Contributors
Marius Fenwick
is Chief Operating Officer and Senior Advisor at Mazars Financial Services. Marius is a Certified Financial Planner with an advanced postÂgraduate diploma specialising in investment planning, portfolio structuring and estate planning. He has more than 10 years’ experience in the financial services industry and specialises in structuring international investment portfolios. Read his article that investigates the main focus points when investing offshore in MoneyWise section, page 27.
8 WealthWise magazine
Dr. Adrian Saville
is CIO of Cannon Asset Managers. He holds a Visiting Professorship in Economics and Finance at the Gordon Institute of Business Science. Cannon Asset Managers is a niche investment management company, based on the philosophy and principles of value investing. Read Adrian's opinion on the market developments in MoneyWise section, page 30.
Johan Mouton
is the owner and marketing specialist at Online Systems. He has been involved in marketing research projects, consulting work and developing people for business. He has an Honours degree in marketing and has developed a marketing boost model to help companies increase their turnover by implementing and focusing on adequate marketing strategies. Read Part II of Johan's 18 GAP Marketing Turnover Boost Model in BusinessWise section, page
39.
Contributors
Andrew
Morton
is Managing Consultant at The HR Hub, South Africa’s first HR Service Centre, offering a number of HR products and services under one roof, covering the complete HR spectrum. Read his article about mentorship in CareerWise section, page 47.
Hendrien van Zyl
is learning solutions consultant at Optima training. Her expertise lies in the design and deliver learning solutions in support of strategic business objectives, on time and within budget. She has over 25 years experience in education, training and development, including design, development, facilitation, coaching, and management of training projects in various industries. Read Hendrien's article about mediating interpersonal conflicts in the workplace in CareerWise section, page
50.
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CoverStory
Living and Learning Together A New Dimension on Personal Growth Interview with Barbara Nussbaum by Denisa Oosthuizen
T
he world as we know it is changing. The past years’ unprecedented global economic crisis, longterm financial debt, environmental disasters and violent protests have threatened the stability of our world’s future, while its current leadership has been highly criticized, most commonly under the labels of greed, individualism, inequality and unfairness. In these times of restraint, South African authors Barbara Nussbaum, Sudhansu Palsule and Velaphi Mkhize have called for a different kind of African leadership, and by extension global leadership – a leadership where cooperativeness, 10 WealthWise magazine
communalism, humanness and the act of caring for each other lead to sustainable growth and development not only on the African continent, but beyond our borders. In an exclusive interview with WealthWise magazine, Barbara Nussbaum, qualified professional in the fields of coaching, leadership and indigenous African knowledge and coauthor of “Personal Growth African Style”, speaks of a new inspirational and visionary leadership and a different kind of personal growth. WealthWise magazine: How do you define the African style portrayed in the book you co authored, “Personal
Growth African Style”? Barbara Nussbaum: In short, African style is exemplified by communally expressed humanity. All western cultures speak to the golden rule, a rule of individual goodness and morality. The contribution that African style can make is in the realm of collective goodness and collective morality, or what I call the art of living and leveraging group emotional intelligence. WealthWise magazine: “Personal Growth African Style” brings a refreshing approach to leadership thinking lodged in the theory and practice of African humanity. You have described personal growth, as well as leveraging the power of
communities,ascoretothis leadership. What inspired you to write the book and what is it about? Barbara Nussbaum: Almost eighteen years after the birth of a new political order in South Africa, there is the promise of a new generation of younger people – free from the baggage of apartheid, yet also running the risk of forgetting the power of history and heritage too easily. This book was inspired by and written for the younger generations who are seeking to make sense of who they are tobecomeinarapidlychanging country, in an increasingly interconnected but complex world.
While on the faculty in a master’s programme at CIDA City Campus in Johannesburg, it was clear that that the students required a strong and practical personal transformation component they could relate to. In inviting our students to reclaim the value of their past, we developed a reflective space and methodology for them to build a different future. While there is a great deal of literature on leadership by African writers, we realized that it was important to link these writings closely to personal reflection and leadership development. Because we celebrate what is great, what is magnificent
about each reader, and what uBuntu and other African values can contribute to the global stage, the book is a book of hope. This is an idealistic book. WealthWise magazine: What practical steps are needed to be implemented, in your opinion, to accommodate the more human,relational,spiritual and ethical face of leadership? Barbara Nussbaum: Better leadership will emerge from the practice self awareness as well as the practice of building on communally expressed humanity. This is Africa’s gift to global
Photo: Together, through peoplecentered leadership and communities, we can make the world a better place to live in
the
power
of
WealthWise magazine 11
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