TREASURY CONNECT

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BETTER WORLD: Innovation Management within Western Cape Government

Innovation has a long history and evolution in the existence human kind with academics tracing it back to the thirteenth century. Back then, according to Benoît Godin, the word ‘novation’ first appeared in law with a meaning of a renewal obligation by changing a contract for a new debtor. Benoît Godin traces the first theory of innovation to a French sociologist Gabriel Trade in the late nineteenth century. It is understood that an author by the name of H.G. Barnett developed a comprehensive theory of innovation and defined it as any thought, behavior, or thing that is new because it is qualitatively different from existing forms (Barnett, 1963). According to him, everyone is an innovator. Enough about history. Continue reading


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BETTER WORLD: A true cost of 1 A4 print-out to sustainability

We often talk about sustainability and in most times narrowing it to financial sustainability. Thanks to Provincial Treasury (PT) which, through the bursary scheme, gave me an opportunity to be exposed to a “Sustainable Enterprise” module which was delivered by University of Stellenbosch Business School through a material by J Elkington and J Zeitz titled “The Breakthrough challenge” and is premised on a concept of triple bottom line. Continue reading