Be Creative, Or Risk Being Rendered Obsolete
Monday, June 18, 2018
Creativity is necessary for economic and social progress. It serves as the most aggressive marketing tool in modern times. Despite this necessity, there is still lack of creativity in society. Seventy percent of the cost of a product is determined by its design, so much that creative design can lead to substantial savings (Munroe 1995).
This explains why we still have a huge import bill and by extension creating external employment in the process. Globalisation and competition have posed new challenges for businesses today. In order to keep up with these challenges, multi cooperation and governments have resorted to creativity as medicine. As a result, creativity training for employees has become a key area.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...