Objectives
Organizational Strategy best practice solution focused on achieving two objectives:
A . Integrate the ESD program with the strategic priorities of the business. Suggested focus:1. Cost reduction
2. Return of investment
3. Improved go-to market
B. Develop beneficiaries into business partners aligned to go-to market strategy
C. Develop a robust process to solve business needs
Objectives
Financial Sustainability best practice solution ensuring a balanced approach:
A ) Within the governance structure for funding, the investment committee to perform scenario modelling which will provide guidance on what funding method to utilize.
B ) Transition to a balanced funding model made up of monetary and non monetary contributions across various elements.
Objectives
Capability and delivery best practice solution targeting three objectives:
1 ) Launch and fund ESD initiative in month one based on financial NPAT forecast
2 ) Perform cross functional assessment ensuring inclusion of business unit objectives
3 ) Implement ED and SD processes focused on:
1. Identification of beneficiaries/suppliers
2. Assessment of beneficiaries/suppliers BBBEE and credit status
3. Gap analysis and benchmarking
4. Alignment with business objectives and industry
5. Development of beneficiaries
Objectives
Legislative compliance best practice solution requiring two steps:
1 ) Structure ESD initiative to ensure delivery and achievement of points based on spend and bonus points based on job creation and beneficiary graduation.
2 ) Setup ESD governance framework to include all functions in the business. This will create a more inclusive and transparent process providing strategic direction and operational oversight.