- Understand the value of continuously and successfully achieving the B-BBEE skills element of your scorecard requirements. Realising the value of a skilled workforce and adopting it as a concrete change management strategy to craft a future talent pool of skilled labour, results in uninterrupted, transparent, and evolving skills transformation for employees and enhancement of innovation, sustainability, and diversity – each one a true component of empowerment.
- Do a full proof gap analysis and investment evaluation of your current business operations and skills needs. This will ensure that you achieve each of your B-BBEE business goals in an affordable and effective manner. Make sure to connect the indicators to people. An employee that is continuously developing his or her skill set and growing personally and professionally does not only benefit business owners and the wider economy also do, and this is a full proof model for success if executed effectively.
- Investigate the support structures that are in place for skills development such as SETA grant funding for learnerships, bursaries, skills development programmes, and internships that will bolster your B-BBEE points and address skills deficits within your business. Use online learning platforms to mitigate the risks of employees taking time off work.
- Select a trusted strategic partner who can manage the skills development process for you end-to-end, from SETA grant applications, recruiting, contracting, training, project management to workplace simulations, assessment moderation, SETA reporting, and learner employment.
- Besides skills development, enterprise and supplier development targets create further employment opportunities and can also fuel a new breed of much needed entrepreneurs who possess the essential skills needed to help grow our economy even further. Also, by using a supplier that is B-BBEE accredited, and a QSE training and skills development provider, like Dynamic DNA, you bolster your enterprise and supplier development points.
- As a business leader, you want to ensure that you implement, manage, and oversee the full execution of your B-BBEE strategy at all levels of investment. Make sure you do not allow for overpromises and poor deliverables from service providers and partners assisting with this process
as this will negatively impact the successful
Source of article: Tech Financials