Intelligent CIO Africa Issue 39 | Page 72

GET TO KNOW trying to find product- market fit. Coast cycle races. I read a lot of books, mostly non-fiction, and I unwind after every day (and over weekends) by drinking some whiskey or red wine, and I enjoy watching good movies, a series and too much sport, of course. If you could go back and change one career decision what would it be? I was very good in my field of expertise with electromagnetic engineering, but a few of my colleagues were better than me. I should have realised earlier on that the combination of my business sense and engineering skills is my strength and I should have moved out of detailed engineering work earlier in my career, leaving it for the real techies. What do you currently identify as the major areas of investment in your industry? Currently we can still find and attract excellent, world- class, talent and these employees are definitely still competitive on the international stage. Maybe there are challenges in working with some of the bureaucracies in government but, in our view, these are secondary issues and definitely at present not the main reason for any failing ventures or product. What changes to your job role have you seen in the last year and how do you see these developing in the next 12 months? I’ve become more involved in attracting capital for our current and new ventures. We’ve bootstrapped our way for many years and used self-generating funds to invest in, and grow, new businesses. We believe we can accelerate this and also take on larger and more bold new ventures with external capital. I suspect that I will have to learn, over the next 12 months, how to manage new and for the first time third- party partners. “ MANY NEW PRODUCTS WILL BE CREATED IN THIS SPACE OF HARDWARE- ENABLED- SOFTWARE OVER THE NEXT DECADE OR TWO. What advice would you offer somebody aspiring to obtain C-level position in your industry? In technology it is valuable if you can obtain actual experience through at least five years or more, in R&D and/or implementation, not at middle manager level but at implementation level. This will allow you to understand the issues and non-issues better. Then, you have to learn to delegate, really empowering other people to run with things. You also need to know what you should delegate and what not. I don’t remember where the quote originated from, but this is one of the most important things to remember in business I would say: “Don’t confuse effort with results.” n The Internet of Everything. We’ve decided to invest in themes associated with the Internet of Everything: Sensors, electronics, data science and software. Many new products will be created in this space of hardware-enabled- software over the next decade or two. What are the region-specific challenges when implementing new technologies in Africa? We don’t have much experience in implementing new technologies in the rest of Africa. In South Africa itself we find it quite easy to develop technology and enter markets. We do not have many more challenges than the normal problem of 72 INTELLIGENTCIO www.intelligentcio.com