Pros
Competitive remuneration is provided for senior appointments; however, all positions are subject to termination without the requirement for statutory notice.
Cons
Unclear Strategic Direction: Leadership, especially at the founder level, lacks a cohesive long-term vision, resulting in frequent shifts in priorities and strategy based on the latest trends or external influences. This inconsistency has led to diminished respect among senior leaders, undermining confidence in the company’s direction. Capital Constraints: The company has struggled with persistent funding challenges since separating its for-profit business from an affiliated educational institution, which previously provided access to foundation capital. Despite repeated assurances and verbal commitments regarding successful capital raises, promised funds have not materialised, further exacerbating operational uncertainty. Instability in US Operations: Senior leaders in the US were actively recruited, only to have their roles abruptly terminated within six months due to sudden strategic pivots. In one case, a senior leader’s tenure lasted just three months before termination, highlighting the lack of stability and continuity in US operations. Misrepresentation of Capabilities: There is a significant disparity between the technical skills promoted to clients and the actual expertise available within the company. This misalignment hampers the organisation’s ability to compete effectively and deliver on client expectations. Offshore-Only Execution: All project work is conducted offshore, with no technical resources based in the US. This approach may negatively impact client engagement, project oversight, and the ability to provide tailored solutions for US-based clients. We simply don't posses the bandwidth or capabilites without leverading subcontractors. Reactive Product Development: Product development is largely reactive and ad-hoc, with solutions often created as showcases to attract potential investors rather than to address specific client needs. This strategy results in a lack of focus and direction in the company’s product offerings. Leadership Turnover: The company has experienced multiple changes in the CFO position within a short timeframe, indicating instability at the executive level and raising concerns about effective financial stewardship. Concerns About Viability: Given the ongoing challenges and recent trends, there are significant doubts regarding the company’s ability to sustain operations outside of Africa over the next six months. The cumulative effect of strategic, financial, and operational issues threatens the long-term viability of the organisation.