Tsholofelo K. Setati

Innovation Economist | Technology Consultant

About Me

I'm an innovation economist with a passion for finance, investing, and integrating technology into business and social solutions. For me, it's not just about mastering technical skills; it's about using them to explore the world, uncover insights, and solve complex problems. As a pragmatic problem-solver, I believe in applying technical skills to drive business and social impact. Let's connect and explore how we can work together to make a difference.

Professional Experience

Technology Consultant

As a Technology Consultant, I specialize in guiding organizations to effectively use technology to achieve their business objectives. My expertise includes analyzing IT systems, managing technology projects, and aligning tech resources with business strategies. I keep up-to-date with the latest technologies, offer innovative solutions, and often handle the implementation and troubleshooting of IT systems. Bridging the gap between technical and non-technical stakeholders, I ensure that the technology solutions I propose and implement support and enhance business processes.

Economic Researcher

As an Economic Researcher, my role focuses on studying the behavior of individuals and businesses, and how they allocate resources. I examine market mechanisms, consumer behavior, production costs, and the effects of government policies on specific markets. Utilizing various research methods and statistical tools, I analyze how various factors influence supply and demand, pricing, and market competition. My research contributes to understanding and predicting economic trends at a granular level, aiding in policy formulation and business strategy development.

Education

Master of Commerce in Economics - Golden Key

University of Cape Town

Bachelor of Business Science in Management (BBusSci) (Honours) - Cum Laude

Monash University

Bachelor of Business Science in Economics - in 2 Years

Monash University

Certificates

Project Management NQF 6

IBM DATA Science Professional Certificate

Areas of Expertise

Technology & Digital Transformation

Digital Transformation: Involves the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers.

Automation: Automation involves using technology to perform tasks with minimal human intervention, enhancing efficiency and accuracy.

Cloud Economics: Examines the economic implications and cost-benefit analysis of using cloud computing technologies.

Strategy & Management

Stakeholder Management: Involves identifying, understanding, and managing stakeholders' expectations and needs in a project or organisation.

Business Case Development: The process of creating a decision-making tool based on the analysis of potential business investments, including costs, benefits, and risks.

Strategic Planning: A systematic process of envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Fundamental Analysis: A method of measuring value by examining related economic, financial, and other qualitative and quantitative factors.

Agile Project Management: An iterative approach to delivering a project throughout its life cycle, characterized by the division of tasks into short phases of work and frequent reassessment and adaptation of plans.

Stakeholder Management: Involves identifying, understanding, and managing stakeholders' expectations and needs in a project or organisation.

Economics

Microeconomics: Focuses on the behaviour of individuals and firms in making decisions regarding the allocation of scarce resources.

Innovation Economics: Studies how innovation, including technological advancements and new ideas, drives economic growth and productivity.

Behavioural Economics: Blends elements of economics and psychology to understand how individuals behave in practice.

Theory of the Firm: Examines the nature of firms, their behaviour, and their roles in an economy.

Quantitative & Qualitative Analysis

Panel Data Analysis: Involves data that tracks the same subjects over multiple time periods, capturing both temporal dynamics and individual differences.

Time Series Analysis: Focused on analyzing data points collected or recorded at regular time intervals to identify trends, cycles, and seasonal variations.

Cross-Sectional Analysis: Examines data at a single point in time to capture a snapshot of a phenomenon, often used for comparative purposes.

Statistical Modelling: Uses statistical methods to quantify relationships among variables, often applied in forecasting and decision-making processes.

Process Engineering & Optimization

Process Reengineering: The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.

Process Optimization: The discipline of adjusting a process to optimize some specified set of parameters without violating some constraint.

Process Analysis: Process Analysis is the examination of workflows to identify inefficiencies or bottlenecks.

Process Improvement: Process Improvement is the proactive task of optimizing processes to increase efficiency, reduce costs, or improve quality.

Technical Proficiency

Statistical Analysis and Econometrics

Regression Analysis, Panel Data Analysis, Structural Equation Modelling and Time-Series Analysis

Programming

STATA, Python, HTML, CSS, Javascript & R

Microsoft Power Suite

Power BI, Power Apps, Power Query & Power Automate

Interpersonal Skills

Team Leadership & Mentoring

Leadership: Drives project success through teamwork and a collaborative work ethic, fostering a positive and productive environment for team growth and mentoring.

Team Collaboration

Team Work: Demonstrates persuasive communication and relationship-building skills, essential for effective team collaborations and joint problem-solving.

Client Relationship Management

Communication: Deep commitment to understanding and meeting client needs with tailored solutions, building long-term relationships based on trust and mutual respect.

Adaptability and Resilience

Perserverance: Adaptability and resilience in dynamic environments, consistently achieving results under pressure and rapidly adjusting to changing circumstances.

Problem Solving: Exceptional problem-solving skills and data analysis expertise, capable of making insightful decisions based on a thorough understanding of the business landscape.

Strategy: An innovative strategist and trusted advisor, adept at navigating complex challenges and steering projects toward success.