B-BBEE Roadmap of Growing your Business

The journey of workplace transformation for many developing countries such as ours is a long one. The vision of creating an inclusive South Africa where the rainbow nation can preside in all areas in the workplace is a goal that needs to be achieved to give groups who were previously disadvantaged the chance to partake in the building of the economy in a meaningful way. This, in turn, allows citizens the opportunity to contribute to nation-building, which is a crucial aspect of being a responsible citizen.

Once the seed of inclusive growth is planted, it is then watered by specific legislation such as B-BBEE which promotes the transformation within organisations. The benefits for the business are many: enhanced business opportunities, state funding and public tenders — and the most important of them all, the contribution to a growing working market.

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B-BBEE is achieved through the implementation of the Codes of Good Practice, as well as the relevant and applicable sector-related codes. These Codes have been continually refined since first promulgated in 2003. While not compulsory, as mentioned before, the benefits make it worthwhile, benefiting all the stakeholders present in the organisation. B-BBEE compliance is measured through a scorecard.

 

As leaders in this regard, Adson takes pride in its slogan of Rethinking Business Creatively. Our senior consulting team assists the client in defining specific strategies and helping them to implement a curated plan to increase your score, keeping in mind return on investment as well as growth in their business. With our B-BBEE plan and gap analysis, we ensure that our clients’ businesses are performing concerning national requirements, which gives them the advantage of how to plan and change in the future to increase sustainability and grow their market share. This is achieved by gauging a realistic B-BBEE Level outcome based on budgets, timelines, and resources available.

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Being compliant means, you will not miss out on prospective business from companies wanting to deal with only B-BEE compliant companies.

Cost-Effectiveness solution for B-BBEE

It is beneficial for businesses to obtain their B-BBEE scores on all five pillars. We assist companies to receive maximum B-BBEE scorecard using a cost-effective solution-based strategy.

Maximise a B-BBEE score

We deliver an optimal solution on all five pillars. Each pillar offers a percentage contribution to your B-BBEE score and both QSE and Generic businesses.

 

The five pillars of B-BBEE being ownership, management control, skills development, procurement and socio-economic development. An organisation’s scorecard is dependent on these elements. With an excellent track record, we give you simple and cost-effective B-BBEE solutions that help you achieve your desired result. Please send us an email to info@adsonconsulting.com to get started on the B-BBEE roadmap to your business.

 

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