When looking for a job, we are often told it’s not so much what you know, but who you know that matters most. The business dictionary describes nepotism as the practice of appointing relatives and friends in one's organization to positions for which outsiders might be better qualified. Despite its negative connotations, nepotism (if applied sensibly) is an important and positive practice in the start-up and formative years of a firm where complete trust and willingness to work hard (for little or no immediate reward) are critical for its survival. Is nepotism so bad, if so why?
Guest: Dr Thami Mazwai, Business Commentator