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News from the CGF Desk

Rifle-Shot Performance Holdings opens governance doors for its supply chain (2011-12-02)

Johannesburg: Press Release Rifle-Shot Performance Holdings (Pty) Ltd has recently achieved Corporate Patron status with CGF Research Institute (Pty) Ltd, a specialist company involved in a wide range of corporate governance services.

Rifle-Shot Performance Holdings is a provider of targeted consulting and implementation skills in the fields of Operational Intelligence, including Process, Enterprise Resource Planning (ERP), Manufacturing Execution Systems (MES), Process Safety, Supply Chain, Customer Relationship Management (CRM) and Business Intelligence (BI).

Rifle-Shot Performance Holdings believes there are strong synergies between their operational focus and the governance speciality of CGF Research Institute as a means of enhancing South Africa’s competitive ability. “Undoubtedly, there is still a lot of work to be done in South Africa as we continue to limp ahead with low single digit GDP growth, estimated at approximately 3% p.a. compared to our key trading partners Nigeria (7.6% p.a.), Zimbabwe (9.0% p.a.) and China who have GDP growth rates of 9.6%,” says Terry Booysen, the CEO of CGF Research Institute.

“A competitive South Africa needs all its team players working together to build a nation with pride, one that is sustainable and established on a sound governance foundation,” continues Booysen.

As Booysen says, “For many years CGF has been advocating the need for businesses and government to openly support and adopt a culture for sound governance within its business
operations and structures. Typically there are two patterns of response to this call and challenge - one being a convenient denial that there could be any form of errant behaviour and therefore the status quo continues within an organisation, the other, a blissful ignorance of the topic with a business as usual approach.”

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