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History
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Company growth
Todate
Southeaster has had its fair share of bumps and scrapes in the post 2001 ecommerce era. Now based in London under the guidance of Brendan Nash, the robust Silverfish platform has proven to be a dynamic platform on which to build complex ecommerce structures.

Latest developments have been the much talked about Silverfish MLM, an ecommerce web building tool aimed at the billion dollar Multi Level Marketing industry. Still in beta development Silverfish MLM is proving to be an exciting and dynamic tool for distributors in this industry enabling them to track all aspects of their MLM businesses.
History
The idea of Silverfish has been in incubation since 1998. The Southeaster directors (Justin Hall, Andrew Martin and Guy Langston) were Information Systems students at the University of Cape Town and Silverfish became the subject matter of their honours project. The team won the Andersen Consulting award for their development of an ecommerce tool - the embryonic Silverfish - and the next step became inevitable. Southeaster was born.
Getting started
Sensing that Silverfish had enormous potential, Southeaster's directors approached the Cape Information Technology Initiative (CITI) for support and advice in terms of readying the tool for commercial release. By mid-2000, the trio had established a company and secured seed capital of £400 000 from London-based venture capital firm Credo.

This investment was spent on office space and employing a highly talented team to develop the tool further. Within the first year of operations Silverfish version one was released, and it has proved to be highly effective.

The company's South African base gives Southeaster a strong competitive advantage over American or European-based software development firms. Operational costs are lower and South Africa's advanced but relatively insulated IT industry implies that the product can be tested discreetly and refined ahead of an international debut.

Organisational structure
A year ago, Southeaster's company infrastructure was very informal as the company was small - there were only 9 staff members - and the organisational structure was tailored around the company's requirements. Although the system worked efficiently and effectively, as the company grew so its requirements changed and the organisational structure had to be adapted accordingly.
Company growth
In March 2001, Southeaster had grown to 16 people and expanded again in June to 21 full time and 5 part time staff members.

As the company increased in size, there became a need to define the roles and responsibilities of each person and the management challenge was to balance the need for definition with the sometimes over zealous corporate "re-structuring".

In defining roles and responsibilities for the Southeaster staff, job descriptions became less important than the context within the various job functions were performed. It became necessary to define the responsibilities of the functions, rather than the people performing those functions. From this process grew the team structures , with each of the 13 teams having a specific role or responsibility to fulfil.

Operationally, the operations manager keeps track of all projects in all teams, checking and validating all plans, managing cross-project dependencies and ensuring that all teams are aligned with Southeaster's business strategy.

 
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