BEE Partner, South Africa Economy Watch

• The Ownership Level
• The Corporate Advancement Level
• The SMMEs (Small, Micro and Medium Enterprises) Outsourcement Level Read the rest of this entry »

Equal Opportunity was to be relegated to the history textbooks in 1990 when suddenly and without warning, the National Party government announced the unbanning of previously proscribed political parties and the release of its political opponents from the incarceration and exile. This bold statement by the government of the day sent a strong message that black political and economic aspirations were back firmly on the agenda. Then the even bolder term, affirmative action resurfaced. Read the rest of this entry »

Research after research in the early 1980s had proved that white middle management found the term to be ‘almost tantamount to reverse racism’ in that, according to these managers, it sought to advance blacks only, possibly to the exclusion of whites. Furthermore, it was perceived to be too politically loaded, having been introduced at the time when the black political movement was under the strong influence of Steve Biko and his Black Consciousness Movement, which had triggered off the 1976 unrest. Read the rest of this entry »

With this view of your value-based strategy, and an ‘as-is’ assessment of the seven key dimensions of transformation, you are now equipped to consider three core questions in order to bring transformation into your strategy. Read the rest of this entry »

From a business perspective, it is useful to focus the efforts of all employees around these value drivers. Every employee should know how their role contributes to the overall value of the business and how they can increase this value while containing or reducing costs. The resulting focus of the company’s resources around these simple (but not simplistic) issues allows the business to have a constant dialogue on how to achieve their goals, and strategy becomes a living reality rather than a dead document in the CEO’s filing cabinet. Read the rest of this entry »

The business purpose is a simple yet complex statement that represents the reason why the business exists. There are many approaches to distilling this purpose, which can be a valuable tool in aligning the minds of your employees around what you want to achieve. Read the rest of this entry »