The concept of existentialism has been widely discussed in philosophy, ranging from its philosophical origins to its broad implications in literature, art and other forms of expression. In recent times, however, the concept of existentialism has started to seep into the business world, influencing the decision-making of many entrepreneurs and executives. So what is the real influence of existentialism on business decision-making in South Africa?

Existentialism is a philosophical theory which acknowledges the subjectivity of human experience and existence. It's not about providing concrete answers to life's big questions, but rather an exploration of the mind and the emotions that individuals experience in their everyday lives. In the business world, this means that decision-making is no longer solely based on cost/benefit analyses and risk assessments, but also takes into consideration the personal needs and subjective experience of the people who will be impacted by those decisions. It is no longer enough to simply make decisions that are most beneficial to the business, but executives now have to take into account their responsibility to those their decisions affect. As a result, decision-making in the business world has become much more human-centric, taking into account the emotional context of decision-making.

This emotional approach to business decision-making is becoming increasingly accepted in South Africa, with executives and entrepreneurs trying to find balance between business objectives, financial goals and humane values. This means that instead of business decisions being made in isolation, the emotional context and subjective experience of the people involved is taken into account, balancing profitability with values like dignity, respect and justice. To put this into practice, businesses in South Africa are starting to implement emotional intelligence into their decision-making processes. This means that executives take into account the feelings and emotions of not only the stakeholders in the business, but also those people who will be impacted by the decisions.

It is not just businesses that are adopting this more emotional approach to decision-making, but also government and other institutions. For example, in South Africa in 2018, a Charter on Good Corporate Governance was developed to ensure that companies take into consideration the interests of their consumers, workers and communities when making decisions. This Charter makes it clear that decisions should ensure a safe working environment, respect basic human rights and be in accordance with international standards and conventions. This is clearly an example of how existentialism has had an influence on decision-making in South Africa.

This focus on the emotional context and subjective experience of those affected by decisions has had a positive influence on the business world in South Africa. Entrepreneurs and executives are now considering not only their obligations to the business, but also the consequences their decisions will have on the people around them. This has led to a marked shift in decision- making in many cases. Instead of focusing solely on financial factors, executives are now taking a holistic approach, taking into account both the long-term and short-term consequences of their choices. This has resulted in decisions that have been more beneficial to the community and more in line with human values.

At Qiktruck, we believe that this more human-centric approach to decision-making is important, both for the business world and for the wider community. We strive to keep our client's focus on not just the bottom line, but also the wellbeing of those individuals impacted by their decisions, no matter how small or large. This means that our clients are able to make decisions that are not only beneficial to the business, but also to their customers, employees and the communities they work in. This approach to decision-making is key to ensuring that our clients are successful, both financially and ethically.

As such, Qiktruck is the ideal partner for companies looking to take a more holistic approach to decision-making. We offer an on-demand truck and driver hire service that is tailored to meet the specific needs of our clients. Our experienced drivers are trained to be able to handle any situation, providing a highly personalised service that is always in line with our clients' ethical and human values. With Qiktruck, you can be sure that your team is making the best decisions, not just for the business, but for everyone impacted by those decisions.

 

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