From the Pitch to the Boardroom - What CFOs Can Learn from the Springboks

As South Africa celebrates its remarkable rugby victories in 2024, it’s an ideal moment to reflect on how the principles driving the Springboks’ success can be applied to business leadership. South African CFOs can draw valuable lessons from the Boks’ approach to leadership, team dynamics, strategic resource allocation, and the importance of continuous improvement.

At the recent SAICA Finance Leaders event, South African rugby legend and Paymenow co-founder Bryan Habana joined Mary-Anne Musekiwa, CFO of Coronation Fund Managers, and Jonathan Hurvitz, CEO of Teljoy, to discuss the intersection of rugby principles and business leadership.

Strategic Adaptation: A Winning Mindset

In rugby, coaches are known for their tactical adaptability—knowing when to bring fresh players or shift strategies to gain an edge. Habana explained:

This mirrors the Springboks’ famous ‘bomb squad’ approach, where strategic substitutions shift momentum. Musekiwa highlighted the importance of team strength:

Alignment and communication are equally critical in business. When every player understands their role and collaborates effectively, businesses—like teams—achieve shared goals. Musekiwa emphasised:

Trust and Integrity: The Cornerstones of Success

Both rugby and business thrive on trust. Habana noted:

Hurvitz added:

Preparation and Discipline: No Shortcuts

A key takeaway from rugby is the value of preparation and discipline. Success is built on consistent effort. Hurvitz shared:

Habana echoed this sentiment:

Lessons for CFOs

From tactical substitutions to fostering collaboration, CFOs can leverage these principles to drive business success:

1. Recognise individual strengths.
2. Build and trust high-performing teams.
3. Adapt strategies to changing circumstances.
4. Commit to consistent preparation and discipline.

For more insights into the lives of South Africa’s top CFOs, explore the ‘How I Work’ series, sponsored by Finnivo® in partnership with SAICA: Read more here.

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Event Organiser: SAICA Finance LeadersWebsite: www.finnivo.com

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