Our Strategy & Advisory team employs world-class thinking and frameworks.
This entails:
- ED, SD and PP pillar analysis
- Strategy review and formulation
- Operating model design
- Core business and ESD integration
- Programme design and implementation readiness
This ensures that ESD supports clients’ overall business strategies and objectives whilst satisfying their scorecard requirements for all 3 subcategories of the ESD pillar.The strategy formulation process clarifies objectives, identifies opportunities for transformation, determines SME sourcing criteria, and maps out the path to success. Critical to the overall success of an ESD programme, the cost of upfront strategy and advisory is typically less than 1% of your total ESD budget.
BENEFITS IN BRIEF:
- enables informed decision-making
- ensures that the right SMEs are sourced and selected
- optimises SMEs’ growth with right mix of financial support and BDS
- enables seamless and successful integration of SMEs into the supply chain
- increases B-BBEE procurement spend
- delivers efficient ESD points
PROCUREMENT EXPERIENCE IS ESSENTIAL TO ENSURING ESD TARGETS ARE PRACTICAL
Creating meaningful opportunities for ED and SD requires a detailed line-item by line-item spend review and prioritisation exercise. With PP being the primary lever to recover lost levels resulting from the revised Codes, targets must be set based on best practice and pragmatism whilst reducing reputational risk. These targets can only be achieved if a strategic approach is undertaken upfront by ESD experts with procurement and transformation experience.
Simultaneously we source and assess potential SME matches from internal and external databases and develop specific capacity-building plans to facilitate seamless supply chain integration.
Source: http://www.edgegrowth.com/
Edge Growth (Owner)
