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Due Diligence

Your due diligence is probably wrong

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Global Advisors is a leader in defining quantified strategies, decreasing uncertainty, improving decisions and achieving measureable results.

We specialise in providing highly-analytical data-driven recommendations in the face of significant uncertainty.

We utilise advanced predictive analytics to build robust strategies and enable our clients to make calculated decisions.

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Global Advisors’ Thoughts: So you think you’re self-aware?

Global Advisors’ Thoughts: So you think you’re self-aware?

So you think you’re self-aware?

By Marc Wilson

So you think you’re self-aware? 95% of people believe themselves to be self-aware. Recent research shows that just 10 to 15% of people are (Eurich, T – “Insight” – Crown Business – 2017).

Self-awareness may be the most elusive and challenging skill we attempt to gain. It is a foundation for authentic leadership, it is required to be empathetic, it helps us conquer our insecurities, it is critical for robust, true friendship and love. Without it, we can never be sure that we will achieve happiness. Without self-awareness success will be ill-defined. Also, we will never be sure if how we act and react to others is real or merely a result of our attempts to craft our image to meet our own or others’ desires – or in order to avoid being what we fear.

For many of us, there are people around us who have a better understanding of us than we do ourselves. We delude ourselves based on what we want to be or don’t want to be. It is also a sad reality that our true self….

Read more at
http://www.globaladvisors.biz/thoughts/20170724/so-you-think-youre-self-aware

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Strategy Tools

Your due diligence is most likely wrong

Your due diligence is most likely wrong

As many as 70 – 90% of deals fail to create value for acquirers. The majority of these deals were the subject of commercial or strategic due diligences (DDs). Many DDs are rubber stamps – designed to motivate an investment to shareholders. Yet the requirements for a value-adding DD go beyond this.

Strategic due diligence must test investees against uncertainty via a variety of methods that include scenarios, probabilised forecasts and stress tests to ensure that investees are value accretive.

Firms that invest during downturns outperform those who don’t. DDs undertaken during downturns have a particularly difficult task – how to assess the future prospects of an investee when the future is so uncertain.

There is clearly an integrated approach to successful due diligence – despite the challenges posed by uncertainty.

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Fast Facts

Staples of bread and meat dominate consumer expenditure on food in South Africa

Staples of bread and meat dominate consumer expenditure on food in South Africa

Staples of bread and meat dominate consumer expenditure on food in South Africa

Expenditure on food, beverage and tobacco accounted for 13,9% of total consumption expenditure in South Africa

There are significant differences between population groups and their expenditure on food as a percent of total expenditure:

  • Black African households spend 19,9%
  • Coloured households spend 18,6%
  • Indian/Asian households spend 7,4%
  • White households spend 7,2%

Bread, buns and rolls are the primary driver of traffic for food retailers

Although the percentage of total consumption differs amongst population groups and amongst income deciles, the staples in the consumer basket remain consistent

Consumer goods producers might benefit from focusing on staples and providing a range of products that meet the taste and budget for each population and income group

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Selected News

Quote: James Clear – Atomic Habits

Quote: James Clear – Atomic Habits

“You do not rise to the level of your goals, you fall to the level of your systems.” – James Clear – Atomic Habits

lasting success emerges not from setting ambitious goals, but from designing robust systems that shape daily behaviours. This approach transforms “goal-setting” from a matter of aspiration to one of sustainable execution.

 

The Quote: Context & Meaning

This quote appears in Atomic Habits (2018), Clear’s widely influential book on behaviour change and personal development. In the book, Clear argues that while goals are useful for providing direction, they are not sufficient to drive results. Instead, he suggests that the systems—the routines, processes, and environments that shape behaviour—are what ultimately determine outcomes. Clear’s key insight is that:

  • Systems govern repeated actions; goals only set ambitions.
  • Focusing on systems ensures consistent, incremental progress.
  • Individuals and organisations, therefore, achieve or fail not from the lofty goals they set, but from the quality and design of their everyday systems.

He illustrates this with practical examples, such as habit loops (cue, craving, response, reward) and the “1% better every day” philosophy, emphasising that meaningful change results from continuous, small improvements, not heroic isolated efforts.

 

James Clear: Backstory

James Clear is an American author, entrepreneur, and advocate for evidence-based self-improvement. With a background in biomechanics and years spent researching psychology and behavioural science, Clear built a career distilling complex academic insights into actionable strategies for individuals and organisations.

Key facts:

  • Background: Clear’s academic training in biomechanics lent rigor to his exploration of habit formation.
  • Writing: Beginning with his popular blog, Clear later synthesised his findings into Atomic Habits, which became an international bestseller and has been translated into dozens of languages.
  • Research focus: Clear has concentrated on how environment, identity, and systems influence behaviour, drawing on clinical studies, psychology, and practical experimentation.

Clear’s work is valued for its blend of scientific credibility and pragmatic applicability, appealing both to high-performers in business and sports and individuals seeking personal growth.

 

Leading Theorists: Development of the Field

James Clear’s approach builds on and synthesises decades of behavioural and psychological research:

  • B.F. Skinner (1904–1990)

    • Behaviourism pioneer, introduced operant conditioning.
    • Developed the principle of reinforcement—actions followed by rewards are repeated, forming habits.
    • His work underpins the understanding of cues and rewards central to Clear’s habit loop.
  • Charles Duhigg

    • Author of The Power of Habit (2012).
    • Popularised the “habit loop” model: cue, routine, and reward.
    • Duhigg’s framework provided a foundation on which Clear elaborates, adding practical strategies for system design and identity change.
  • BJ Fogg

    • Professor at Stanford, founder of the Behaviour Design Lab.
    • Developed the Fogg Behaviour Model: behaviour arises from motivation, ability, and prompt.
    • Advocates tiny habits and environmental engineering—theorising that minute changes in routine are most effective for long-term behaviour change.
  • Albert Bandura

    • Social cognitive theorist, defined the concept of self-efficacy.
    • Demonstrated how beliefs about personal ability impact behaviour—these beliefs shape system design.
  • James Prochaska & Carlo DiClemente

    • Developers of the Transtheoretical Model of Behaviour Change.
    • Described behaviour change as a staged process encompassing precontemplation, contemplation, preparation, action, and maintenance.

Each theorist has contributed frameworks that reinforce Clear’s central thesis: lasting, repeatable change depends less on what people aspire to, and more on how they build and manage their systems.

 

Application & Implications

  • For individuals: This insight redirects effort from obsessing over outcomes to optimising habits and routines.
  • For organisations: It recasts strategy. Culture, processes, and systems—not just ambitions—determine execution capacity and resilience.

Adopting Clear’s principle encourages a shift from superficial goal-setting to building the underlying architecture for sustainable excellence.

 

In sum: The quote encapsulates a paradigm in behavioural science—systematic small improvements, compounded over time, eclipse even the most ambitious goals . This realisation continues to influence leaders, coaches, and strategists globally.

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