Crafting an effective enterprise and supplier development (ESD) strategy is a multi-dimensional process where each formulation stage informs the other. A driving thought of developing the right strategy for a chosen supplier is finding the areas where strategic sourcing and economic development can create opportunities for inclusion. Designing a strategy can occur in three distinct […]
Challenges & Opportunities, Enterprise Development, Insights, Planning & Strategy, Supplier Development
Enterprise and supplier development (ESD) within South Africa faces unique restrictions, particularly previously disadvantaged entrepreneurs. While apartheid itself is firmly in the rear view mirror of the past, the structural imbalances it produced in South Africa’s economy, both intentional and unforeseen, still persist today. The purpose of South Africa’s policy framework, which targets enterprise and […]
Consulting, Economic Development, Insights, Planning & Strategy, Strategy, Supplier Development, Tools & Methods
A negative perception exists that enterprise & supplier development (ESD) is a compliance cost. Business owners believe they are being forced to donate 3% of their net profit after tax (NPAT), and divert procurement spend, to companies that offer little ROI or are at worse incompetent. What if ESD was not viewed as a cost, […]
