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Headline	Issue	Diary	Date
Economy: huge effort required from National Treasury	223	CompliNEWS	15 May 2022
NCOP passes three Bills, including the Employment Equity Amendment Bill	223	CompliNEWS	15 May 2022
Committee votes to move forward on NHI Bill	223	CompliNEWS	15 May 2022
Advisers cannot ignore cybersecurity	223	CompliNEWS	15 May 2022
Latest FAIS Notices	223	CompliNEWS	15 May 2022
Ethics and small businesses	36	CompliNEWS Ethics	18 May 2022
Pros and cons of Web3: the new internet	223	CompliNEWS	15 May 2022
Third-party risk tops the compliance watchlist	223	CompliNEWS	15 May 2022
The FSCA’s strategy sheds light on compliance focus areas	223	CompliNEWS	15 May 2022
Shifting goalposts: the many challenges of a compliance officer	223	CompliNEWS	15 May 2022

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Working Smart

By Lee Rossini

Strategic planning is the process of defining a business’s long-term direction, setting priorities, allocating resources, and establishing a roadmap to achieve business objectives. It helps businesses move beyond day-to-day operations to focus on sustainable growth, competitive positioning, and future opportunities. While strategic planning is essential for businesses of all sizes, smaller businesses face unique challenges that can make the process difficult and, in some cases, neglected altogether.